Loan Servicing Specialist Salary at United Wholesale Mortgage Llc BETA

How much does an United Wholesale Mortgage Llc Loan Servicing Specialist make?

As of April 2025, the average annual salary for a Loan Servicing Specialist at United Wholesale Mortgage Llc is $47,795, which translates to approximately $23 per hour. Salaries for Loan Servicing Specialist at United Wholesale Mortgage Llc typically range from $42,540 to $53,032, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

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.

United Wholesale Mortgage LLC Overview

Website:
uwm.com
Size:
3,000 - 7,500 Employees
Revenue:
$1B - $3B
Industry:
Financial Services

United Wholesale Mortgage is a lending firm supporting independent mortgage brokers acrouss the county. The company is headquartered in Pontiac, Michigan.

See similar companies related to United Wholesale Mortgage Llc

What Skills Does a person Need at United Wholesale Mortgage Llc?

At United Wholesale Mortgage Llc, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Loan Servicing: Loan servicing is the process by which a company (mortgage bank, servicing firm, etc.) collects interest, principal, and escrow payments from a borrower. The vast majority of mortgages are backed by the government or government-sponsored entities (GSEs) through purchase by Fannie Mae, Freddie Mac, or Ginnie Mae (which purchases loans insured by the Federal Housing Administration (FHA) or guaranteed by the Department of Veterans Affairs (VA)). Because GSEs and private loan investors typically do not service the mortgage loans that they purchase, the bank who sells the mortgage will generally retain the right to service the mortgage pursuant to a master servicing agreement. The payments collected by the mortgage servicer are remitted to various parties; distributions typically include paying taxes and insurance from escrowed funds, remitting principal and interest payments to investors holding mortgage-backed securities (or other types of instruments backed by pools of mortgage loans), and remitting fees to mortgage guarantors, trustees, and other third parties providing services. The level of service varies depending on the type of loan and the terms negotiated between the servicer and the investor seeking their services, and may also include activities such as monitoring delinquencies, workouts/ restructurings and executing foreclosures.
  2. Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  3. Consumer Loans: a consumer loan is any type of loan made to a consumer by a creditor. The loan can be secured (backed by the assets of the borrower) or unsecured (not backed by the assets of the borrower).
  4. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  5. Microsoft Office: Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.

Related Jobs

Clear2 Mortgage Inc
Royal Oak , MI

Job Description Job Description About Us: Clear2 Mortgage is a fast-growing mortgage company founded on the principles of putting people first. With a presence in multiple states, we provide personalized, responsible financial solutions to home buyers and realtors. Join a team that values integrity, exceptional customer service, and results! Position Overview: As a Mortgage Officer, you will be responsible for guiding clients through the mortgage process, from application to closing. This role requires a proactive approach, strong communication skills, and a commitment to delivering exceptional service. Compensation: First 60 Days: Competitive base pay After 60 Days: Commission-based (uncapped earning potential) Requirements: Must hold an active NMLS license 1-2+ years of experience in mortgage lending Strong knowledge of mortgage products, services, and regulations Excellent communication and interpersonal skills Ability to work independently and manage a pipeline of clients Responsib


Sponsored
4/26/2025 12:00:00 AM
Bank of America
Auburn Hills , MI

Merrill Financial Solutions Advisor - Farmington Hills & Associates Market Auburn Hills, Michigan;Clinton Township, Michigan; Farmington Hills, Michigan; Grosse Pointe, Michigan **Job Description:** Merrill Wealth Management is a leading provider of comprehensive wealth management and investment products and services for individuals, companies, and institutions. Merrill Wealth Management is one of the largest businesses of its kind in the world specializing in goals-based wealth management, including planning for retirement, education, legacy, and other life goals through investment advice and guidance. Merrills Financial Advisors and Wealth Management Client Associates help clients pursue the life they envision through a personal relationship with their advisory team committed to their needs. We believe trust comes from transparency. Our trusted advisory teams are equipped with access to the investment insights of Merrill coupled with the banking convenience of Bank of America. At Mer


Sponsored
4/25/2025 12:00:00 AM
Bank of America
Farmington , MI

Wealth Management Specialist - NPD Farmington Hills, Michigan **Job Description:** Merrill Wealth Management is a leading provider of comprehensive wealth management and investment products and services for individuals, companies, and institutions. Merrill Wealth Management is one of the largest businesses of its kind in the world specializing in goals-based wealth management, including planning for retirement, education, legacy, and other life goals through investment advice and guidance. Merrills Financial Advisors and Wealth Management Client Associates help clients pursue the life they envision through a personal relationship with their advisory team committed to their needs. We believe trust comes from transparency. Our trusted advisory teams are equipped with access to the investment insights of Merrill coupled with the banking convenience of Bank of America. At Merrill, we empower you to bring your whole self to work. We value diversity in our thoughts, business, and within our


Sponsored
4/25/2025 12:00:00 AM
Hantz Group
Southfield , MI

Financial Planning Assistant Hantz Group is a Michigan-based financial company that works with individuals and businesses to help them achieve their financial goals. We are a Family Office that manages over $11B+ of assets, has 20+ offices and over 600 employees. We offer a multitude of services tailored to each individual client. We deliver a team of professionals that are experts in their specific disciplines yet work in collaboration to coordinate superior outcomes for our clients. By taking our holistic approach, we strive to reduce stress and save time for our clients so that they can focus on what's most important for their families. The Holistic Approach to Financial Planning Hantz Group recognizes that each area of one's financial situation impacts the other and that is why we offer a holistic approach to our client's financial planning. Financial Planning is the core of our holistic approach. As a Financial Planning Assistant, you will work as part of a team with Financial Adv


Sponsored
4/24/2025 12:00:00 AM
Citizens
West Bloomfield , MI

Description Starting Salary: $20 / hour and up Citizens Bankers are the face of the branch. They devote their time getting to know their customers and building lasting relationships by providing trusted advice. What you'll do Are you outgoing? Do you get satisfaction out of helping others and offering sound advice? If youre a people person who enjoys building positive relationships with customers, then this is the job for you! Using your strong communication and problem-solving skills along with your broad range of financial knowledge youll provide recommendations and assist customers with financial solutions, supporting spending, saving, borrowing and investing needs. Youll get to know customers personal financial goals and recommend tailored solutions to help achieve them like planning for the future, buying a home or opening a new credit card. Youll introduce customers to digital and mobile-first ways to handle banking transactions, like on our app or through our ATMs. Youll collabo


Sponsored
4/24/2025 12:00:00 AM
EXPERT MORTGAGE LENDING LLC
Troy , MI

Job Description Job Description Benefits/Perks Careers Advancement Opportunities Competitive Compensation Job Summary We are seeking an experienced Loan Officer to join our team. In this role, you will evaluate and process loan applications. Your responsibilities will include interviewing applicants to gather financial information, evaluating creditworthiness, and completing loan contracts. The ideal candidate has excellent communication and customer service skills and a deep understanding of current lending practices and regulations. Responsibilities Interview applicants to gather financial information Evaluate creditworthiness Process loan applications Set up debt payment plans Report on financing decisions Complete loan contracts Assist clients in understanding the terms and conditions of their contracts Maintain up-to-date knowledge of current financial services and types of loans Keep detailed records for all accounts Qualifications Previous experience as a Loan Officer is preferr


Sponsored
4/24/2025 12:00:00 AM
United Wholesale Mortgage
Pontiac , MI

: Wondering what kind of career awaits you at UWM? Our Operations team is a great fit for self-motivated individuals who are comfortable in a fast-paced environment. Its comprised of four teams: Lending Support, Client Experience, Closing and Post Closing. Each team is diverse, exciting and allows an enthusiastic candidate the chance to experience different aspects of the loan process. But thats not all: Our ideal team member would also take elite client service seriously and tackle every day with multitasking vengeance, while also hitting daily production goals with accuracy and a high level of quality. If youre not sure where your skills and experience can lead you, leave it to our UWM recruiters who are dedicated to pointing new team members toward a career theyll love. This full-time position requires a 40-hour workweek yet offers the potential for overtime. So take it all in, because in this role, theres a big potential for growth. WHAT YOU WILL BE DOING: Supporting loan processin


Sponsored
4/22/2025 12:00:00 AM
LIT Financial
Troy , MI

Job Description Job Description Come be a part of the LIT Financial Team! If you're a Mortgage Loan Officer looking for a new role, this is the one for you. WE DON'T USE CREDIT TRIGGERS - ONLY HIGH QUALITY LEADS. Competitive rates - our rates are some of the best in the industry allowing you to be competitive and close loans High quality intent lead flow Great benefits and comp package Offices in both Troy MI, and Dearborn Heights MI Processing on site (Average loan close time of 14 days If you're interested in being a valued part of the team who's not micro-managed, and you're not viewed as just another cog in the wheel, and being supported by leadership, this is for you. If you want the ability to grow within your role and your team, receive quality training and licensing support, this is for you. If you love not winning, being micromanaged, and having someone constantly look over your shoulder....this probably isn't for you. This is your chance to join our rapidly growing team in Tr


Sponsored
4/22/2025 12:00:00 AM

Check more jobs information at United Wholesale Mortgage Llc

Job Title Average United Wholesale Mortgage Llc Salary Hourly Rate
2 1 Business Analyst $93,329 $45
3 Administrative Secretary $47,615 $23
4 Agile Coach $105,564 $51
5 App Developer $117,950 $57
6 Application Administrator $130,858 $63
7 Assistant Underwriter $58,502 $28
8 Associate Architect $84,910 $41
9 Associate Quality Assurance Analyst $70,239 $34
10 Auditor II $87,949 $42
11 Benefits Coordinator $77,403 $37
12 Business Analyst II $116,811 $56
13 Business Operations Specialist $136,998 $66

Hourly Pay at United Wholesale Mortgage Llc

The average hourly pay at United Wholesale Mortgage Llc for a Loan Servicing Specialist is $23 per hour. The location, department, and job description all have an impact on the typical compensation for United Wholesale Mortgage Llc positions. The pay range and total remuneration for the job title are shown in the table below. United Wholesale Mortgage Llc may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $47,795 look to you?

FAQ about Salary and Jobs at United Wholesale Mortgage Llc

1. How much does United Wholesale Mortgage Llc pay per hour?
The average hourly pay is $23. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at United Wholesale Mortgage Llc?
According to the data, the highest approximate salary is about $53,032 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at United Wholesale Mortgage Llc?
According to the data, the lowest estimated salary is about $42,540 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.