How Much Does a Loan Servicing Specialist 2 Make in Virginia?

Updated December 01, 2024
As of December 01, 2024, the average annual pay of Loan Servicing Specialist 2 in Virginia is $45,562. While Salary.com is seeing that Loan Servicing Specialist 2 salary in VA can go up to $55,809 or down to $36,424, but most earn between $40,778 and $50,926. 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
$41,363
Virginia
Per Year
Loan Servicing Specialist II
$46,208
Virginia
Per Year
Commercial Loan Servicing Specialist
$54,196
Virginia
Per Year
Mortgage Loan Servicing Specialist
$45,562
Virginia
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
Genius Talent
Loan Servicing Specialist
$55,376/yr
$46,940
$63,812
RANGE: $46,940 - $63,812
Jobs for Humanity
Programmer Analyst Specialist for FIS® Commercial Loan Servicing
$111,461/yr
$97,702
$125,220
RANGE: $97,702 - $125,220
Lenderworks
Loan Servicing Accounting Manager - Hybrid
$81,011/yr
$66,608
$95,414
RANGE: $66,608 - $95,414
USALLIANCE Financial
Loan Servicing Specialist I
$62,343/yr
$52,805
$71,881
RANGE: $52,805 - $71,881
ATR International
Loan Servicing Specialist - Accountant
$60,931/yr
$51,649
$70,214
RANGE: $51,649 - $70,214
Marine Bank & Trust
Loan Servicing Specialist
$53,037/yr
$44,957
$61,117
RANGE: $44,957 - $61,117
Amboy Bank
Commercial Loan Servicing Specialist
$63,126/yr
$53,579
$72,673
RANGE: $53,579 - $72,673
PEN AIR CREDIT UNION
Consumer Loan Servicing Specialist
$54,553/yr
$46,332
$62,773
RANGE: $46,332 - $62,773
FIRST FIDELITY BANK
Loan Servicing Specialist
$52,369/yr
$45,326
$59,412
RANGE: $45,326 - $59,412
fnbalaska
Loan Servicing Representative/Specialist
$66,639/yr
$57,735
$75,543
RANGE: $57,735 - $75,543

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Top 10 Highest Paying Cities For Loan Servicing Specialist 2 Jobs in Virginia

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 Virginia. 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 Virginia. Arlington takes first place in this list, followed by Alexandria, Annandale. The Loan Servicing Specialist 2 salary is $50,558 in Arlington, which is higher than the national average. There are 5 cities' Loan Servicing Specialist 2 salary higher than national average in Virginia.
The average salary for a Loan Servicing Specialist 2 in Virginia is $45,562, but we found that the city with the highest salary for Loan Servicing Specialist 2 jobs is Arlington, VA, and it is higher than Alexandria. Loan Servicing Specialist 2 jobs in Arlington can have the opportunity to earn higher salaries than in other cities in Virginia.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Arlington $50,558 $4,213 $972 $24
Alexandria $50,558 $4,213 $972 $24
Annandale $50,558 $4,213 $972 $24
Reston $50,467 $4,206 $971 $24
Centreville $50,377 $4,198 $969 $24
Richmond $44,199 $3,683 $850 $21
Petersburg $44,062 $3,672 $847 $21
Virginia State University $44,062 $3,672 $847 $21
Virginia Beach $43,427 $3,619 $835 $21
Newport News $43,018 $3,585 $827 $21

What Does a Loan Servicing Specialist 2 Do?

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
To speak to a Loss Mitigation Specialist or Loan Counselor who can discuss your situation with you and may be able to help you avoid foreclosure.
Updated December 12, 2021

Frequently Asked Questions About a Loan Servicing Specialist 2 Salaries

What is the average of a Loan Servicing Specialist 2 in Virginia?

The Loan Servicing Specialist 2 salary range is from $40,778 to $50,926, and the average Loan Servicing Specialist 2 salary is $45,562/year in Virginia. 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 $57,009 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.