Loan Servicing Clerk III Salary in the United States

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 2023 Salary.com)