Midwest Loan Services Inc Salary

How much does the Midwest Loan Services Inc Pay for employees?

As of August 2026, the average annual salary for employees at Midwest Loan Services Inc in the United States is $91,704. This translates to an approximate hourly wage of $44. Salaries at Midwest Loan Services Inc typically range from $80,392 to $104,026 annually, reflecting the diverse roles and experience levels within the company. Midwest Loan Services Inc’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Midwest Loan Services Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Midwest Loan Services Inc. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at Midwest Loan Services Inc

Ready for your next career move? Explore current job openings at Midwest Loan Services Inc. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Midwest Loan Services Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Midwest Loan Services Inc’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Midwest Loan Services Inc
Financial Services
Loansteady LLC
Endeavor Capital LLC
Industry Comparison
Our data shows that, on average, compensation at Midwest Loan Services Inc is below the average for the U.S. Financial Services industry by approximately 25%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Midwest Loan Services Inc average annual salary with several similar companies. Midwest Loan Services Inc average salary of $91,704 is lower than Loansteady LLC, which has an average salary of $107,537. It is lower than Endeavor Capital LLC, with their average salary at $95,691. This places Midwest Loan Services Inc in a developing position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

Employee Reviews: Working at Midwest Loan Services Inc

Considering a career at Midwest Loan Services Inc? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
There’s a clear path for advancement. I felt welcomed and well-prepared from day one, setting me up for success here. We have a strong client-first mentality. The firm’s commitment to corporate responsibility—from sustainability to community initiatives—adds deeper meaning to our daily work. Leadership is approachable and open to innovation.
Focus on compliance sometimes no innovation. Touches like quality coffee and fresh fruit make a difference. Excellent culture focused on results, ethics, and people. I’ve had the chance to lead projects, learn new systems, and contribute meaningfully.
Managers lead by strong example. Communication is formal, with limited opportunities for employee feedback to influence change. HR responds to inquiries quickly. Positive work-life balance and flexible scheduling. Theemployee operation has weathered market cycles while continuously innovating. Knowledge is shared freely.
Our differences are celebrated as strengths that drive innovation. Ethical practices and transparency build trust, and it’s rewarding to work for a firm that prioritizes long-term client satisfaction over short-term gains. What impresses me most is how the company balances traditional financial rigor with digital transformation initiatives. Open-door policies make leadership accessible. Employee r...

Midwest Loan Services Inc Overview

Website
www.midwestloanservices.com
Founded In
1992
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
400 Quincy St Hancock Michigan MI 49930
Revenue
$10 Million - $50 Million
Phone Number
+1 8002295417
Social Media
About Midwest Loan Services Inc
Midwest Loan Services is a mortgage subservicing provider that offers a Premier Service Advantage to homeowners and their lenders in all 50 states. Let us show you how we can help make things simpler and more efficient for you.

What Benefits Does Midwest Loan Services Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Midwest Loan Services Inc offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Detroit?

Understanding the cost of living near Detroit is key to truly evaluating a salary offer or your current compensation at Midwest Loan Services Inc.
Detroit's Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 6.9% more than MI average). Housing varies extremely by neighborhood (very cheap to expensive gentrified), overall costs can be low. DDOT/SMART bus, QLine. When planning your budget based on a salary from Midwest Loan Services Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,500+ (Highly variable) A significant portion of Midwest Loan Services Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (DDOT/SMART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,130 - $3,660+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Midwest Loan Services Inc

1. How much does Midwest Loan Services Inc in the United States pay?

Midwest Loan Services Inc pays its employees an average of $91,704 per year. The average salary at Midwest Loan Services Inc range from $80,392 to $104,026 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills and location.

2. Do Midwest Loan Services Inc employees get a higher salary than its peer company?

The salary at Midwest Loan Services Inc is lesser than its peer company. The average annual salary at Midwest Loan Services Inc is $91,704, or an hourly wage of $44, in comparison to Loansteady LLC which pays $107,537 per year or $52 per hour.

3. What are the highest paying jobs at Midwest Loan Services Inc?

The higher-paying job at Midwest Loan Services Inc, according to our data, include Chief Executive Officer (avg. $709,872 per year), Vice President, Operations (avg. $270,119 per year), and Vice President, Business Development (avg. $214,034 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Midwest Loan Services Inc?

Salary progression with years of experience at Midwest Loan Services Inc is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Midwest Loan Services Inc vary by office location?

Yes, it's very likely that salaries at Midwest Loan Services Inc vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Detroit section provides more context.

6. Does Midwest Loan Services Inc offer good benefits?

Midwest Loan Services Inc typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Midwest Loan Services Inc" section on this page.