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Loan Servicing Associate Salary in Shelbyville, IL

How much does a Loan Servicing Associate make in Shelbyville, IL? The salary range for a Loan Servicing Associate job is from $38,514 to $48,145 per year in Shelbyville, IL. Click on the filter to check out Loan Servicing Associate job salaries by hourly, weekly, biweekly, semimonthly, monthly, and yearly.

Average base salary
updated at December 01, 2024
$43,107
Per Year
The average salary for a Loan Servicing Associate is $43,107
per Year in Shelbyville, IL.
Individually reported data submitted by users of our website

HOW SHOULD YOU USE THIS DATA?

Employees: Use this as a guide for salary expectations, but be aware that responsibilities can change across companies for the same job title, so there may be differences between this data, other free site and our subscription products bought by employers.

Employers: This data could be used as reference point in your market pricing, but not the only source, due to differences across jobs locations, and sizes of companies.Consider additional sources like our Employer reported data.

Base Salary
$38,514
$43,107
Medium
$48,145

Highest Paying Cities for Loan Servicing Associate near Shelbyville, IL

We list eight cities that pay high wages to Loan Servicing Associate near Shelbyville. The salary difference may cause by many reasons, such as the cost of living. The competition will also be fiercer where wages are high. Click the city name to learn more about the Loan Servicing Associate pay level in these cities.

States with Higher Salaries for Loan Servicing Associate

Here are the top five states that pay the highest Loan Servicing Associate salary in the United States. District of Columbia takes first place with the highest Loan Servicing Associate salary is $49,821 per Year. California and New Jersey take the second and third place with $49,373 per Year and $49,060 per Year in the list. A higher average Loan Servicing Associate salary indicates a higher cost of living too.

How Much Do Similar Professions Get Paid in Shelbyville, IL?

The following job titles have similar responsibilities as a Loan Servicing Associate. However, the different job titles may have different salaries. Learn each job, and finger out the most suitable position with the highest wage for you in your city.
Loan Servicing Specialist
Average salary
United States
$39,713
per Year
Loan Servicing Representative
Average salary
United States
$38,955
per Year
Loan Servicing Analyst
Average salary
United States
$49,089
per Year
Loan Servicing Assistant
Average salary
United States
$43,107
per Year
Loan Servicing Specialist II
Average salary
United States
$44,366
per Year
Commercial Loan Servicing Specialist
Average salary
United States
$52,035
per Year

How Much Should You Be Earning?

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What Does a Loan Servicing Associate Do?

Laurel Road will pay off your student loans to your current lenders and provide you with instructions to set up the servicing of your new loan.

December 20, 2021

Midwest’s innovative technology and servicing portfolio size creates cost-reducing efficiencies that result in loan servicing costs that are significantly lower than most bank servicers.

December 09, 2021

If you are thinking of becoming a Loan Servicing Associate or planning the next step in your career, find details about.

December 02, 2021

If it is not, and your loan was a Stafford/Graduate loan that was backed by a bank … IT WILL NOT QUALIFY FOR FORGIVENESS unless you consolidate it to a DIRECT loan under Fed Loan Servicing and make 120 payments.

November 23, 2021

Residential mortgage loan subservicing from Midwest Loan Service provides your bank with a means to reduce servicing costs, reduce the risk of being out of compliance, and remain seamlessly connected to your customers.

November 19, 2021

Most Common Benefits for Loan Servicing Associate

Social Security
Healthcare
401(k)
Pension
Disability
Time Off (days)

Frequently Asked Questions

Common questions about salaries for a Loan Servicing Associate
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Laurel Road will pay off your student loans to your current lenders and provide you with instructions to set up the servicing of your new loan.
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The average salary of a Loan Servicing Associate is $43,107 in Shelbyville, IL.
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