The average salary for a Senior Loan Servicing Representative is $45,361 per year. A skill in Commercial Loans is associated with high pay for this job.
Senior Loan Servicing Representative Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$28,815 - $67,948
(Median)
29K
37K
45K
54K
68K
MEDIAN: $45,360
10%
25%
50%
75%
90%
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Senior Loan Servicing Representative Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$12.24 - $23.97
(Median)
12
15
17
20
24
MEDIAN: $17.00
10%
25%
50%
75%
90%
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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$23K$46K$69K
Salary
$28,815 - $67,948  
   
Bonus
$0.00 - $7,757  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$28,027 - $63,863  
PayScale
Country: United States | Currency: USD | Updated: 20 Apr 2014 | Individuals Reporting: 141
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$13$26$39
Hourly Rate
$12.24 - $23.97  
   
Overtime
$6.59 - $36.92  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$26K$52K$78K
Bonus
$0.00 - $7,757  
   
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$28,027 - $63,863  
PayScale
Country: United States | Currency: USD | Updated: 20 Apr 2014 | Individuals Reporting: 141
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Job Description for Senior Loan Servicing Representative
  • Analyze loan accounting system reports, research errors on loan accounts and process adjusting entries.
  • Enter information into the general ledger system, review work for accuracy and perform reconciliations.
  • Assist in activities required to maintain loan servicing systems subsequent to loan closings.
  • Process commercial participation loan transactions.
Pay by Experience Level for Senior Loan Servicing Representative
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Related Job Salaries

Experience Affects Senior Loan Servicing Representative Salaries

Late-Career
up arrow 11%
Experienced
up arrow 10%
National Average
$42,000
Mid-Career
up arrow 3%
Entry-Level
up arrow 11%
Job Satisfaction
Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 24 votes.
Gender
Female
70%
female alumni
 
Male
30%
male alumni
Years of Experience
Less than 1 year
1%
1-4 years
24%
5-9 years
32%
10-19 years
26%
20 years or more
18%
Common Health Benefits
medical benefits Medical: 90% dental benefits Dental: 84%
vision benefits Vision: 69% employee benefits None: 6%
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