Loan Servicing Specialist 2 Salaries in Tennessee
How Much Does a Loan Servicing Specialist 2 Make in Tennessee?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Loan Servicing Specialist 2 in Tennessee is $42,385.
While Salary.com is seeing that Loan Servicing Specialist 2 salary in TN can go up to $51,920
or down to $33,885, but most earn between $37,936 and $47,376.
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 |
|---|---|---|
|
Regions
Loan Servicing Escrow Specialist (Flex opportunity)
|
$107,783/yr
|
RANGE: $89,161 - $126,406
|
|
Apex Bank
Bilingual Mortgage Loan Servicing / Payment Collector
|
$54,984/yr
|
RANGE: $45,623 - $64,345
|
|
SECU
Commercial Loan Servicing Specialist
|
$62,365/yr
|
RANGE: $52,705 - $72,024
|
|
cathaybank
Senior Loan Servicing Specialist
|
$65,696/yr
|
RANGE: $55,778 - $75,613
|
|
Central Willamette Credit Union
Mortgage Loan Servicing Specialist
|
$58,476/yr
|
RANGE: $49,566 - $67,385
|
|
Golden Bank, N.A.
Loan Servicing Specialist
|
$49,130/yr
|
RANGE: $42,964 - $55,296
|
|
First Hawaiian Bank
Loan Servicing Specialist
|
$61,332/yr
|
RANGE: $52,073 - $70,590
|
|
Northwest Financial Corp.
Loan Servicing Specialist
|
$52,175/yr
|
RANGE: $44,225 - $60,124
|
|
Citizens Guaranty Bank
Loan Servicing Specialist
|
$54,373/yr
|
RANGE: $46,165 - $62,581
|
|
Umpqua Bank
HL Loan Servicing Specialist
|
$59,916/yr
|
RANGE: $50,872 - $68,961
|
Top 10 Highest Paying Cities For Loan Servicing Specialist 2 Jobs in Tennessee
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Loan Servicing Specialist 2 can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Loan Servicing Specialist 2 job salaries in Tennessee.
Some cities can pay higher salaries for Loan Servicing Specialist 2 jobs, which can indicate that there is a large demand for Loan Servicing Specialist 2 positions in this city.
The following table shows top 10 cities where the Loan Servicing Specialist 2 salary is higher than other cities in Tennessee.
Nashville takes first place in this list, followed by Hendersonville, Franklin.
The Loan Servicing Specialist 2 salary is $43,117 in Nashville,
which is lower than the national average. There is 0 city's Loan Servicing Specialist 2 salary higher than national average in Tennessee.
The average salary for a Loan Servicing Specialist 2 in Tennessee is $42,385,
but we found that the city with the highest salary for Loan Servicing Specialist 2 jobs is Nashville, TN, and it is higher than Hendersonville.
Loan Servicing Specialist 2 jobs in Nashville can have the opportunity to earn higher salaries than in other cities in Tennessee.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Nashville | $43,117 | $3,593 | $829 | $21 |
| Hendersonville | $43,071 | $3,589 | $828 | $21 |
| Franklin | $42,980 | $3,582 | $827 | $21 |
| Memphis | $42,888 | $3,574 | $825 | $21 |
| Murfreesboro | $42,797 | $3,566 | $823 | $21 |
| Germantown | $42,751 | $3,563 | $822 | $21 |
| Jackson | $42,568 | $3,547 | $819 | $20 |
| Knoxville | $41,973 | $3,498 | $807 | $20 |
| Chattanooga | $41,606 | $3,467 | $800 | $20 |
| Clarksville | $41,332 | $3,444 | $795 | $20 |
What Does a Loan Servicing Specialist 2 Do?
As a loan servicing specialist, your duties primarily focus on ensuring that all documents, signatures, and supporting information are complete and in compliance with all rules and regulations governing loan processing.
Updated October 14, 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
Please note that inquiries about a pending request for home loan assistance or general questions about the servicing of your mortgage do not meet the requirements for an escalated case.
Updated December 12, 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 Tennessee?
The Loan Servicing Specialist 2 salary range is from $37,936 to $47,376, and the average Loan Servicing Specialist 2 salary is $42,385/year in Tennessee.
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 $57,443
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.
