Loan Servicing Clerk III Salary in the United States

How much does a Loan Servicing Clerk III make in the United States? The average Loan Servicing Clerk III salary in the United States is $45,866 as of April 26, 2022, but the range typically falls between $38,638 and $53,000. Salary ranges 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

Recently searched related titles: Loan Servicing Specialist

Job Description

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 independently within established procedures associated with the specific job function. Has gained proficiency in multiple competencies relevant to the job. Typically requires 3-5 years of related experience, or may need 2 years experience with additional specialized training and/or certification. (Copyright 2022 Salary.com)

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Average Base Salary

Core compensation

 
 
 
38638
53000
45866

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
40227
55703
47942
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Servicing Clerk III in the United States. The base salary for Loan Servicing Clerk III ranges from $38,638 to $53,000 with the average base salary of $45,866. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $40,227 to $55,703 with the average total cash compensation of $47,942.
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38638
53000

 

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Career Path for this job

  1. Down a level:

    Loan Servicing Clerk II

    1 - 3 years experience
    High School Diploma or Tech Certificate

  2. This Job:

    Loan Servicing Clerk III

    2 - 5 years experience
    High School Diploma or Tech Certificate

  3. Up a level:

    Loan Servicing Supervisor

    3 + years experience
    Associate's Degree

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Job Openings for Loan Servicing Clerk III