How Much Does a Loan Servicing Specialist 2 Make in Albany, NY?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Loan Servicing Specialist 2 in Albany, NY is $46,436. While Salary.com is seeing that Loan Servicing Specialist 2 salary in Albany, NY can go up to $56,883 or down to $37,128, but most earn between $41,564 and $51,904. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Loan Servicing Specialist 2
Loan Servicing Specialist
$40,907
Albany, NY
Per Year
Loan Servicing Specialist II
$47,217
Albany, NY
Per Year
Commercial Loan Servicing Specialist
$54,878
Albany, NY
Per Year
Mortgage Loan Servicing Specialist
$46,436
Albany, NY
Per Year
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Similar Job Salaries to Loan Servicing Specialist 2 by Company

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Company average base salary in (usd) range
Tompkins Community Bank
Loan Servicing Specialist
$47,800/yr
$43,643
$51,957
RANGE: $43,643 - $51,957
Ballston Spa National Bank
Loan Servicing Specialist
$49,431/yr
$45,142
$53,720
RANGE: $45,142 - $53,720
Mission Staffing
Loan Servicing Specialist
$58,704/yr
$52,787
$64,622
RANGE: $52,787 - $64,622
Hanover Community Bank
Loan Servicing Specialist II
$53,509/yr
$48,866
$58,152
RANGE: $48,866 - $58,152
Servbank
Loan Servicing Specialist - Corporate Advance & Modifications
$62,347/yr
$56,066
$68,628
RANGE: $56,066 - $68,628
FIRST NATIONAL BANK OF SCOTIA
Loan Servicing Representative
$58,398/yr
$52,797
$64,000
RANGE: $52,797 - $64,000
AgCountry Farm Credit Services
Loan Servicing Specialist
$51,191/yr
$46,034
$56,348
RANGE: $46,034 - $56,348
Royal Credit Union
Business Loan Servicing Specialist
$47,089/yr
$43,003
$51,175
RANGE: $43,003 - $51,175
Golden 1 Talent Acquisition Team
Consumer Loan Servicing Specialist
$55,560/yr
$50,233
$60,886
RANGE: $50,233 - $60,886
Golden 1 Credit Union
Consumer Loan Servicing Specialist
$61,379/yr
$54,730
$68,027
RANGE: $54,730 - $68,027

Open Loan Servicing Specialist 2 Jobs in Albany, NY

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What Does a Loan Servicing Specialist 2 Do?

Loan servicing functions include collecting monthly payments, paying taxes, and other aspects of the loan that occur from the time the proceeds are dispersed until the loan is paid off.
Updated November 22, 2021
As a result, the cost of loan servicing has increased compared to the levels seen before the crisis, and there is always the potential for more regulation.
Updated October 26, 2021
Automates all areas of loan servicing — including default functionalities — on one, comprehensive system.
Updated December 22, 2021
A servicing fee is the percentage of each mortgage payment made by a borrower to a mortgage servicer as compensation for servicing a loan.
Updated December 14, 2021
Loan servicing refers to the administrative aspects of a loan from the time the proceeds are dispersed to the borrower until the loan is paid off.
Updated December 13, 2021

Frequently Asked Questions About a Loan Servicing Specialist 2 Salaries

What is the average of a Loan Servicing Specialist 2 in Albany, NY?

The Loan Servicing Specialist 2 salary range is from $41,564 to $51,904, and the average Loan Servicing Specialist 2 salary is $46,436/year in Albany, NY. The Loan Servicing Specialist 2's salary will change in different locations.

Which location pays the highest Loan Servicing Specialist 2 salary in the United States?

The Loan Servicing Specialist 2 salary in San Jose, CA is $57,716 which is the highest in the US.

What kinds of reasons will influence the Loan Servicing Specialist 2's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Loan Servicing Specialist 2.

What is the growth rate of the Loan Servicing Specialist 2's salary?

If you are thinking of becoming a Loan Servicing Specialist 2 or planning the next step in your career, find the detailed salary report of a Loan Servicing Specialist 2.