How much does a Loan Servicing Clerk I make hourly in the United States? The average hourly wage for a Loan Servicing Clerk I in the United States is $18 as of May 01, 2023, but the range typically falls between $15 and $20. Hourly rate can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. View the Cost of Living in Major Cities
Performs routine loan servicing administrative tasks. Processes payments, disbursements, changes, and other transactions. Verifies the completeness and accuracy of documents. Performs calculations for distributions. Monitors escrow payments and tracks delinquencies. Researches customer and internal inquiries and delivers a response or solution. Maintains required electronic files and system inputs. Requires a high school diploma or equivalent. Typically reports to a supervisor. Works under the close direction of senior personnel in the functional area. Possesses a moderate understanding of general aspects of the job. May require 0-1 year of general work experience. (Copyright 2023 Salary.com)
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Core compensation
Includes base and short-term incentives
0 - 1 years experience
High School Diploma or Tech Certificate
1 - 3 years experience
High School Diploma or Tech Certificate
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