Loan Servicing Specialist 2 Salaries in Lowell, MA
How Much Does a Loan Servicing Specialist 2 Make in Lowell, MA?
Updated February 01, 2025
As of February 01, 2025,
the average annual pay of Loan Servicing Specialist 2 in Lowell, MA is $49,812.
While Salary.com is seeing that Loan Servicing Specialist 2 salary in Lowell, MA can go up to $61,014
or down to $39,825, but most earn between $44,584 and $55,675.
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
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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 |
|---|---|---|
|
Cambridge Financial
Residential Loan Servicing Specialist
|
$65,947/yr
|
RANGE: $55,993 - $75,901
|
|
Tremont Credit Union
Senior Loan Servicing Specialist
|
$65,860/yr
|
RANGE: $55,826 - $75,894
|
|
River Run Services LLC
Loan Servicing Support Specialist
|
$64,996/yr
|
RANGE: $55,340 - $74,651
|
|
Main Street Bank
Loan Servicing Specialist II
|
$62,006/yr
|
RANGE: $52,646 - $71,365
|
|
Make Your Move
Sr. Servicing Specialist (Escrow Loan Servicing)
|
$72,437/yr
|
RANGE: $60,440 - $84,434
|
|
Greenfield Savings Bank
Commercial Loan Servicing Specialist (onsite)
|
$62,457/yr
|
RANGE: $52,784 - $72,131
|
|
MutualOne Bank
Senior Loan Servicing Representative
|
$65,742/yr
|
RANGE: $55,726 - $75,759
|
|
Cambridge Financial
Commercial Loan Servicing Manager
|
$77,421/yr
|
RANGE: $64,421 - $90,420
|
|
Country Bank for Savings
Loan Servicing Team Lead
|
$72,366/yr
|
RANGE: $60,127 - $84,606
|
|
MutualOne Bank
Senior Commercial Loan Servicing Representative
|
$78,786/yr
|
RANGE: $65,983 - $91,589
|
What Does a Loan Servicing Specialist 2 Do?
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
Otherwise, you’ll be visiting the closest office near you to have a loan specialist verify your identity, income, and collateral (if applicable) as well as discuss your loan options.
Updated October 20, 2021
Once loans—and mortgages in particular—were repackaged into securities and sold off a bank’s books, the servicing of the loans proved to be a less profitable business line than the origination of new loans.
Updated October 18, 2021
Automates all areas of loan servicing — including default functionalities — on one, comprehensive system.
Updated December 22, 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
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Explore JobArchitectFrequently Asked Questions About a Loan Servicing Specialist 2 Salaries
What is the average of a Loan Servicing Specialist 2 in Lowell, MA?
The Loan Servicing Specialist 2 salary range is from $44,584 to $55,675, and the average Loan Servicing Specialist 2 salary is $49,812/year in Lowell, MA.
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 $57,299
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.
