Average Loan Service Representative Hourly Pay

$16.47
Avg. Base Hourly Rate (USD)
10%
$11.38
MEDIAN
$16.47
90%
$18.87

The average hourly pay for a Loan Service Representative is $16.47 in 2025

Hourly Rate
$11 - $19
Total Pay
$24k - $42k
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FAQs About Loan Service Representatives

What is the highest pay for Loan Service Representatives?

Our data indicates that the highest pay for a Loan Service Representative is $18.87 / hour

What is the lowest pay for Loan Service Representatives?

Our data indicates that the lowest pay for a Loan Service Representative is $11.38 / hour

How can Loan Service Representatives increase their salary?

Increasing your pay as a Loan Service Representative is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Loan Service Representative that oversees more junior Loan Service Representatives, this experience can increase the likelihood to earn more.