Loan Servicing Clerk III Salary in the United States

How much does a Loan Servicing Clerk III make hourly in the United States? The average hourly wage for a Loan Servicing Clerk III in the United States is $22 as of April 26, 2022, but the range typically falls between $19 and $25. 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

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)

Take just three simple steps below to generate your own personalized salary report.

Step of 3

Understand the total hourly compensation opportunity for a Loan Servicing Clerk III, hourly wage plus other pay elements

Average Hourly Wage

Core compensation

 
 
 
19
25
22

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
19
27
23
These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job of Loan Servicing Clerk III in the United States. The average hourly rate for Loan Servicing Clerk III ranges from $19 to $25 with the average hourly pay of $22. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $19 to $27 with the average total hourly cash compensation of $23.
Step of 3

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

19
25

 

Step of 3

Recalculate your target pay based on your unique skills and experiences

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

Salary for

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst
Job Openings for Loan Servicing Clerk III