How Much Does a Mortgage Loan Servicing Manager Make in Maryland?

Updated May 28, 2024
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Individually reported data submitted by users of our website

Normal Confidence
$90,956/yr
Average Base Pay
Low $75,054
Average $90,956
High $107,518
The average salary for Mortgage Loan Servicing Manager is $90,956 per year in Maryland.
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Related Job Titles to Mortgage Loan Servicing Manager

Loan Servicing Supervisor
$67,825
Maryland
Per Year
Mortgage Loan Servicing Specialist
$43,591
Maryland
Per Year
Mortgage Servicing Manager
$88,748
Maryland
Per Year
Loan Servicing Manager
$92,061
Maryland
Per Year

Similar Job Salaries to Mortgage Loan Servicing Manager by Company

FIND A SPECIFIC EMPLOYER
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Company average base salary in (usd) range
$67,152/yr
$55,689
$78,614
RANGE: $55,689 - $78,614
Eastern Savings Bank
Senior Loan Servicing Representative
$46,784/yr
$39,456
$54,113
RANGE: $39,456 - $54,113
Tower Opportunities
Loan Servicing Rep I
$45,768/yr
$39,179
$52,357
RANGE: $39,179 - $52,357
BayVanguard Bank
Loan Servicing Specialist
$43,940/yr
$37,877
$50,003
RANGE: $37,877 - $50,003
Enterprise Community, Inc.
Loan servicing associate
$43,854/yr
$37,803
$49,906
RANGE: $37,803 - $49,906
Enterprise Community Partners
Sr. Portfolio Associate - Loan Closing and Servicing
$92,459/yr
$80,312
$104,606
RANGE: $80,312 - $104,606
PNC
Mortgage Loan Officer
$93,739/yr
$76,719
$110,758
RANGE: $76,719 - $110,758
Dominion Financial Services Inc.
Mortgage Loan Processor
$51,243/yr
$44,752
$57,734
RANGE: $44,752 - $57,734
$88,620/yr
$71,954
$105,286
RANGE: $71,954 - $105,286

Open Mortgage Loan Servicing Manager Jobs in Maryland

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Top 10 Highest Paying Cities For Mortgage Loan Servicing Manager Jobs in Maryland

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Mortgage Loan Servicing Manager can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Mortgage Loan Servicing Manager job salaries in Maryland. Some cities can pay higher salaries for Mortgage Loan Servicing Manager jobs, which can indicate that there is a large demand for Mortgage Loan Servicing Manager positions in this city.
The following table shows top 10 cities where the Mortgage Loan Servicing Manager salary is higher than other cities in Maryland. Silver Spring takes first place in this list, followed by Bethesda, Potomac. The Mortgage Loan Servicing Manager salary is $98,191 in Silver Spring, which is higher than the national average. There are 15 cities' Mortgage Loan Servicing Manager salary higher than national average in Maryland.
The average salary for a Mortgage Loan Servicing Manager in Maryland is $90,956, but we found that the city with the highest salary for Mortgage Loan Servicing Manager jobs is Silver Spring, MD, and it is higher than Bethesda. Mortgage Loan Servicing Manager jobs in Silver Spring can have the opportunity to earn higher salaries than in other cities in Maryland.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Silver Spring $98,191 $8,183 $1,888 $47
Bethesda $98,191 $8,183 $1,888 $47
Potomac $98,191 $8,183 $1,888 $47
Rockville $98,102 $8,175 $1,887 $47
Bowie $98,014 $8,168 $1,885 $47
Waldorf $97,926 $8,160 $1,883 $47
Gaithersburg $97,926 $8,160 $1,883 $47
Germantown $95,279 $7,940 $1,832 $46
Frederick $94,750 $7,896 $1,822 $46
Baltimore $90,692 $7,558 $1,744 $44

What Does a Mortgage Loan Servicing Manager Do?

Loan servicing has traditionally been performed by lenders (big banks), but smaller, regional players, and non-bank service providers are moving into the space.
Updated December 22, 2021
Some mortgage loans may have no amortization, or require full repayment of any remaining balance at a certain date, or even.
Updated December 21, 2021
The loan to value ratio is considered an important indicator of the riskiness of a mortgage loan: the higher the LTV, the higher the risk that the value of the property (in case of foreclosure) will be insufficient to cover the remaining principal of the loan.
Updated December 21, 2021
As a result, the costĀ of loan servicing has increased compared to the levels seen before the crisis, and there is always the potential for more regulation.
Updated December 12, 2021
German Bausparkassen (savings and loans associations) are not identical with banks that give mortgages.
Updated December 11, 2021

Frequently Asked Questions About a Mortgage Loan Servicing Manager Salaries

What is the average of a Mortgage Loan Servicing Manager in Maryland?

The Mortgage Loan Servicing Manager salary range is from $75,054 to $107,518, and the average Mortgage Loan Servicing Manager salary is $90,956/year in Maryland. The Mortgage Loan Servicing Manager's salary will change in different locations.

Which location pays the highest Mortgage Loan Servicing Manager salary in the United States?

The Mortgage Loan Servicing Manager salary in San Jose, CA is $110,718 which is the highest in the US.

What kinds of reasons will influence the Mortgage Loan Servicing Manager'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 Mortgage Loan Servicing Manager.

What is the growth rate of the Mortgage Loan Servicing Manager's salary?

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