As of April 01, 2025, the average annual salary for a Loan Servicing Manager in the United States is $95,800. According to Salary.com, salaries can range from a low of $68,016 to a high of $112,811, with most professionals earning between $81,257 and $104,704.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $104,704 | $8,725 | $2,014 | $50 |
| Average | $95,800 | $7,983 | $1,842 | $46 |
| 25th Percentile | $81,257 | $6,771 | $1,563 | $39 |
An entry-level Loan Servicing Manager with less than 1 year of experience earns about $90,374. With 1-2 years of experience, the average salary increases to $91,025. For 2-4 years of experience, the pay typically rises to $93,195. Senior-level professionals with 5-8 years of experience earn around $95,800, and those with over 8 years of experience can expect an average of $98,059.
| Levels | Salary |
|---|---|
| Entry Level Loan Servicing Manager | $90,374 |
| Intermediate Level Loan Servicing Manager | $91,025 |
| Senior Level Loan Servicing Manager | $93,195 |
| Specialist Level Loan Servicing Manager | $95,800 |
| Expert Level Loan Servicing Manager | $98,059 |
| Entry Level | 6% |
| Mid Level | 5% |
| Senior Level | 3% |
| Top Level | 0% |
| Experienced | 2% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of April 01, 2025, our research reveals a significant shift in Loan Servicing Manager compensation over the past six years. For example, the median salary increased from $101,921 in 2023 to approximately $103,031 in 2024. (For a detailed analysis of Loan Servicing Manager salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of Loan Servicing Manager information for you to search for. Click on search button below to see Loan Servicing Manager job openings or enter a new job title here.
Here are companies hiring for Loan Servicing Manager and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $95,800 | 72.8% | ||
| Bonus | $0 | 0.0% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $7,329 | 5.6% | ||
| 401K/403B | $4,503 | 3.4% | ||
| Disability | $766 | 0.6% | ||
| Healthcare | $6,056 | 4.6% | ||
| Pension | $5,269 | 4.0% | ||
| Time Off | $11,791 | 9.0% | ||
| Total Compensation | $131,513 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| High School | 33.3% |
| Associates | 22.2% |
| Bachelors | 33.3% |
| Masters | 11.1% |
What Am I Worth?
The average annual salary of Loan Servicing Manager is $95,800. In case you are finding an easy salary calculator, the average hourly pay of Loan Servicing Manager is $46; the average weekly pay of Loan Servicing Manager is $1,842; the average monthly pay of Loan Servicing Manager is $7,983.
A Loan Servicing Manager's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Loan Servicing Manager earns the most in San Jose, CA, where the annual salary of a Loan Servicing Manager is $120,833.
The highest pay for Loan Servicing Manager is $112,811.
The lowest pay for Loan Servicing Manager is $68,016.
Manages the loan servicing function to deliver efficient collections, escrow, and cashiering operations. Establishes processes and procedures to maintain accuracy and completeness of required documentation. Sets operating performance metrics and standards for speed, quality, and customer service. Oversees the preparation of reporting for internal departments and external agencies. Coordinates audit requests and processes. Develops training and communication mechanisms that inform the team of regulatory requirements and updates. Typically requires a bachelor's degree. Typically reports to a senior manager or head of a unit/department. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes.
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.
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.
Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.
Payment Processing: Completing transfer of funds from the transaction to the merchant's account.
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We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
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