How Much Does a Mortgage Loan Servicing Manager Make in New York?

Updated August 27, 2024
As of August 27, 2024, the average annual pay of Mortgage Loan Servicing Manager in New York is $94,483. While Salary.com is seeing that Mortgage Loan Servicing Manager salary in NY can go up to $127,346 or down to $62,927, but most earn between $77,965 and $111,685. 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 Mortgage Loan Servicing Manager
Loan Servicing Supervisor
$74,277
New York
Per Year
Mortgage Loan Servicing Specialist
$45,290
New York
Per Year
Mortgage Servicing Manager
$92,189
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Loan Servicing Manager
$95,842
New York
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Similar Job Salaries to Mortgage Loan Servicing Manager by Company

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Company average base salary in (usd) range
Ballston Spa National Bank
Loan Servicing Manager
$73,307/yr
$60,345
$86,269
RANGE: $60,345 - $86,269
Year Up United
Loan servicing
$94,574/yr
$81,494
$107,654
RANGE: $81,494 - $107,654
H29 Wells Fargo International Solutions LLC-Philippines
Commercial Loan Servicing Representative
$89,662/yr
$75,029
$104,295
RANGE: $75,029 - $104,295
$60,416/yr
$51,086
$69,746
RANGE: $51,086 - $69,746
B10 Wells Fargo Bank, N. A.
Commercial Loan Servicing Representative
$80,448/yr
$67,621
$93,276
RANGE: $67,621 - $93,276
Carver Federal Savings Bank
Senior Loan Servicing Accountant
$69,619/yr
$58,758
$80,481
RANGE: $58,758 - $80,481
Emigrant Bank
Assistant Sales Manager/Mortgage Loan Originator
$166,070/yr
$128,264
$203,876
RANGE: $128,264 - $203,876
Cognizant
Business Analyst (Mortgage Loan Origination) ā€“ Manager Consulting
$143,155/yr
$122,493
$163,817
RANGE: $122,493 - $163,817
Alerus
Loan Servicing Specialist - Mortgage
$57,046/yr
$48,581
$65,511
RANGE: $48,581 - $65,511
LHH
VP - Mortgage Loan Servicing
$210,185/yr
$153,245
$267,125
RANGE: $153,245 - $267,125

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

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 New York. 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 New York. New York takes first place in this list, followed by Bronx, Brooklyn. The Mortgage Loan Servicing Manager salary is $103,523 in New York, which is higher than the national average. There are 17 cities' Mortgage Loan Servicing Manager salary higher than national average in New York.
The average salary for a Mortgage Loan Servicing Manager in New York is $94,483, but we found that the city with the highest salary for Mortgage Loan Servicing Manager jobs is New York, NY, and it is higher than Bronx. Mortgage Loan Servicing Manager jobs in New York can have the opportunity to earn higher salaries than in other cities in New York.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
New York $103,523 $8,627 $1,991 $50
Bronx $103,523 $8,627 $1,991 $50
Brooklyn $103,523 $8,627 $1,991 $50
Queens Village $102,814 $8,568 $1,977 $49
Yonkers $102,017 $8,501 $1,962 $49
Mount Vernon $101,928 $8,494 $1,960 $49
Huntington $101,042 $8,420 $1,943 $49
New Rochelle $100,776 $8,398 $1,938 $48
Staten Island $99,446 $8,287 $1,912 $48
Levittown $97,230 $8,103 $1,870 $47

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 New York?

The Mortgage Loan Servicing Manager salary range is from $77,965 to $111,685, and the average Mortgage Loan Servicing Manager salary is $94,483/year in New York. 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 $111,234 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.