Loan Servicing Representative Salary in Michigan

How much does a Loan Servicing Representative make in Michigan?

As of May 18, 2021, the average salary for a Loan Servicing Representative in Michigan is $41,663 per year, which breaks down to an hourly rate of $20.

However, a Loan Servicing Representative's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $47,480
Majority Range (25th-75th percentile): $38,463 to $44,708
Entry-Level (10th percentile): $35,549

Compensation Planning

Develop a Job Description

Pay Equity

2025 Compensation Trend

AI-Powered HR

Smart Recruiting

Salary Salary + Bonus Benefits

View as table

Loan Servicing Representative Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$44,708	$3,726	$860	$21
Average	$41,663	$3,472	$801	$20
25th Percentile	$38,463	$3,205	$740	$18

You may get higher pay by adjusting the following factors:

Change Search Criteria

Check out Loan Servicing Representative Job Openings in Michigan

Loan and Member Service Representative

True Community Credit Union - Jackson, MI

LOAN SERVICING COLLECTIONS

First Bank, Upper Michigan - Gladstone, MI

Loan Specialist

Regional Finance Company of California LLC - TEMECULA, CA

Bilingual Customer Service/Loan Collections Specialist - 071

Sun Loan Company - LUBBOCK, TX

Search More Loan Servicing Representative Jobs in Michigan

Key Factors That Influence Loan Servicing Representative Salaries

A Loan Servicing Representative's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Loan Servicing Representative Salaries?

Experience is a primary driver of a Loan Servicing Representative's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

Entry-Level (less than 1 year): $41,805
Early Career (1-2 years): $46,572
Mid-Level (2-4 years): $51,738
Senior-Level (5-8 years): $63,587
Expert (over 8 years): $96,463

Levels	Salary
Loan Serv... Level Loan Servicing Representative	$41,805
Loan Serv... Level Loan Servicing Representative	$46,572
Loan Serv... Level Loan Servicing Representative	$51,738
Loan Serv... Level Loan Servicing Representative	$63,587
Loan Serv... Level Loan Servicing Representative	$96,463

View as Graph

What Am I Worth?

How Do Loan Servicing Representative Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Loan Servicing Representatives. For example, consider the average annual salaries in these key locations:

District of Columbia: $46,736.
California: $46,559.
Massachusetts: $45,939.

District of Columbia $46,736 California $46,559 Massachusetts $45,939 Washington $45,770 New Jersey $45,753 Alaska $45,694 Connecticut $45,111 New York $44,875

Hawaii $44,119 Rhode Island $43,765 Maryland $43,524 Minnesota $43,195 Colorado $43,068 Illinois $43,026 Oregon $42,866 Delaware $42,747

New Hampshire $42,673 Virginia $42,507 Pennsylvania $42,021 Nevada $41,777 North Dakota $41,696 Michigan $41,570 Wisconsin $41,523 Vermont $41,430

Texas $41,173 Maine $41,156 Arizona $41,131 Ohio $41,101 Georgia $40,713 Indiana $40,519 Wyoming $40,481 Utah $40,422

Iowa $40,396 Kansas $40,194 Louisiana $40,135 North Carolina $40,113 Missouri $40,105 Florida $39,940 Montana $39,852 Nebraska $39,767

Kentucky $39,721 South Carolina $39,552 Tennessee $39,447 Idaho $39,404 New Mexico $39,096 Oklahoma $39,029 Alabama $38,780 South Dakota $38,362

Arkansas $38,134 West Virginia $38,011 Mississippi $37,644

Top Paying Cities for Loan Servicing Representatives

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

Davison: $39,223
Decker: $39,223
Deckerville: $39,223

Davison, MI $39,223 Decker, MI $39,223 Deckerville, MI $39,223 Dryden, MI $41,878 Durand, MI $40,139 Fenton, MI $41,190 Filion, MI $39,223 Flushing, MI $39,518

Forestville, MI $39,223 Fostoria, MI $39,223 Gaines, MI $40,426 Genesee, MI $39,223 Goodrich, MI $40,679 Grand Blanc, MI $40,109 Hadley, MI $40,329 Harbor Beach, MI $39,223

Holly, MI $41,536 Imlay City, MI $41,878 Kinde, MI $39,223 Lapeer, MI $39,223 Lennon, MI $39,776 Lexington, MI $40,548 Linden, MI $40,953 Marlette, MI $39,223

Melvin, MI $40,548 Metamora, MI $41,080 Minden City, MI $39,223 Montrose, MI $39,379 Mount Morris, MI $39,223 New Lothrop, MI $39,615 North Branch, MI $39,223 Ortonville, MI $41,557

Otisville, MI $39,223 Otter Lake, MI $39,223 Palms, MI $39,223 Peck, MI $39,223 Port Austin, MI $39,223 Port Hope, MI $39,223 Port Sanilac, MI $39,223 Ruth, MI $39,223

Sandusky, MI $39,223 Snover, MI $39,223 Swartz Creek, MI $39,788 Ubly, MI $39,223 Vernon, MI $40,025 Flint, MI $39,345 Burton, MI $39,223 Mikado, MI $39,223

Haslett, MI $40,861 Henderson, MI $39,843 Holt, MI $40,861 Howell, MI $41,464 Hubbardston, MI $40,384 Ionia, MI $40,341 Ithaca, MI $39,772 Laingsburg, MI $40,747

Lake Odessa, MI $40,502 Lakeview, MI $40,021 Lyons, MI $40,384 Mcbrides, MI $40,113 Maple Rapids, MI $40,261 Mason, MI $40,814 Middleton, MI $40,253 Morrice, MI $40,519

Muir, MI $40,392 Mulliken, MI $40,704 North Star, MI $39,831 Orleans, MI $40,206 Ovid, MI $40,181 Owosso, MI $39,983 Palo, MI $40,287 Perrinton, MI $40,088

Perry, MI $40,679 Pewamo, MI $40,409 Pompeii, MI $40,021 Portland, MI $40,637 Potterville, MI $40,814 Riverdale, MI $39,708 Rosebush, MI $39,223 Saint Johns, MI $40,658

Saint Louis, MI $39,484 Shepherd, MI $39,223 Sheridan, MI $40,189 Sidney, MI $40,118 Six Lakes, MI $40,021 Smyrna, MI $40,198 Stanton, MI $40,113 Sumner, MI $40,054

Sunfield, MI $40,590 Vestaburg, MI $39,945 Webberville, MI $40,637 Weidman, MI $39,223 Westphalia, MI $40,679 Williamston, MI $40,772 Winn, MI $39,223 Woodland, MI $40,548

Lansing, MI $40,861 Kalamazoo, MI $40,861 Portage, MI $40,810 Allegan, MI $40,434 Athens, MI $41,165 Augusta, MI $41,321 Bangor, MI $40,531 Battle Creek, MI $41,321

Bedford, MI $41,321 Bellevue, MI $41,274 Benton Harbor, MI $40,755 Bloomingdale, MI $40,493 Breedsville, MI $40,388 Bronson, MI $40,835 Burlington, MI $41,165 Burr Oak, MI $40,688

Cassopolis, MI $40,658 Centreville, MI $40,400 Ceresco, MI $41,321 Climax, MI $41,321 Cloverdale, MI $40,595 Coldwater, MI $40,983 Coloma, MI $40,755 Hagar Shores, MI $40,755

Colon, MI $40,818 Comstock, MI $41,165 Constantine, MI $40,607 Covert, MI $40,666 Decatur, MI $40,202 Marshall, MI $41,253 Martin, MI $40,531 Mattawan, MI $40,472

Mendon, MI $40,662 Nashville, MI $41,118 Nazareth, MI $41,165 Nottawa, MI $40,548 Olivet, MI $41,207 Oshtemo, MI $40,734 Otsego, MI $40,586 Paw Paw, MI $40,371

Plainwell, MI $40,612 Quincy, MI $40,983 Richland, MI $41,232 Riverside, MI $40,755 Saint Joseph, MI $40,755 Schoolcraft, MI $40,519 Scotts, MI $41,207 Delton, MI $41,186

Sherwood, MI $40,920 Dowagiac, MI $40,574 Dowling, MI $41,232 East Leroy, MI $41,321 Fulton, MI $41,165 Galesburg, MI $41,274 Gobles, MI $40,557 Grand Junction, MI $40,413

Hartford, MI $40,666 Hastings, MI $40,574 Hickory Corners, MI $41,274 Jones, MI $40,624 Kendall, MI $40,599 Lacota, MI $40,392 Lawrence, MI $40,552 Lawton, MI $40,341

Leonidas, MI $40,907 South Haven, MI $40,506 Sturgis, MI $40,413 Tekonsha, MI $41,118 Three Rivers, MI $40,299 Union City, MI $41,118 Vandalia, MI $40,658 Vermontville, MI $40,679

Vicksburg, MI $40,738 Watervliet, MI $40,755 White Pigeon, MI $40,624 Baroda, MI $40,709 Berrien Center, MI $40,666 Berrien Springs, MI $40,709 Bridgman, MI $40,666 Buchanan, MI $39,252

Eau Claire, MI $40,734 Edwardsburg, MI $40,759 Galien, MI $39,202 Harbert, MI $40,552 Lakeside, MI $40,181 New Buffalo, MI $40,384 New Troy, MI $39,168 Niles, MI $39,269

Sawyer, MI $39,835 Sodus, MI $40,755 Stevensville, MI $40,755 Three Oaks, MI $39,117 Union Pier, MI $40,185 Union, MI $40,759 Jackson, MI $41,228 Addison, MI $41,743

Adrian, MI $41,295 Albion, MI $40,848 Allen, MI $40,983 Blissfield, MI $41,143 Britton, MI $42,211 Brooklyn, MI $41,743 Camden, MI $40,983 Cement City, MI $41,764

Clarklake, MI $41,485 Clayton, MI $41,308 Clinton, MI $42,232 Concord, MI $40,899 Deerfield, MI $40,536 Frontier, MI $40,983 Grass Lake, MI $41,587 Hanover, MI $41,135

Hillsdale, MI $40,983 Homer, MI $40,924 Horton, MI $41,148 Hudson, MI $41,338 Jasper, MI $40,979 Jerome, MI $41,544 Jonesville, MI $40,983 Leslie, MI $40,637

Litchfield, MI $40,962 Manitou Beach, MI $41,574 Michigan Center, MI $41,392 Montgomery, MI $40,983 Morenci, MI $40,861 Moscow, MI $41,232 Mosherville, MI $40,915 Saint Clair, MI $41,878

Saint Clair Shores, MI $42,148 Warren, MI $42,216 Munith, MI $41,278 Napoleon, MI $41,692 Washington, MI $41,903 Ray, MI $41,878 Yale, MI $41,878 Allen Park, MI $42,216

Ann Arbor, MI $42,435 Azalia, MI $42,254 Belleville, MI $42,368 Brighton, MI $42,232 Bridgewater, MI $42,414 Carleton, MI $41,544 Chelsea, MI $42,300 Dearborn, MI $42,216

Melvindale, MI $42,216 Dearborn Heights, MI $42,194 Dexter, MI $42,435 Dundee, MI $41,401 Erie, MI $40,704 Flat Rock, MI $41,992 Garden City, MI $42,127 Gregory, MI $41,473

Grosse Ile, MI $42,080 Hamburg, MI $42,346 Ida, MI $40,569 Inkster, MI $42,148 Lakeland, MI $42,321 Lambertville, MI $40,704 La Salle, MI $40,620 Lincoln Park, MI $42,216

Livonia, MI $42,080 Luna Pier, MI $40,688 Manchester, MI $42,254 Maybee, MI $41,494 Milan, MI $42,368 Monroe, MI $40,552 New Boston, MI $42,089 New Hudson, MI $42,254

Newport, MI $41,452 Northville, MI $42,279 Pinckney, MI $42,279 Plymouth, MI $42,321 Rockwood, MI $41,612 Romulus, MI $42,135 Salem, MI $42,389 Saline, MI $42,435

Samaria, MI $40,704 South Lyon, MI $42,346 South Rockwood, MI $41,591 Taylor, MI $42,148 Temperance, MI $40,704 Trenton, MI $42,059 Wayne, MI $42,169 Westland, MI $42,156

Canton, MI $42,368 Whitmore Lake, MI $42,414 Whittaker, MI $42,389 Willis, MI $42,389 Wyandotte, MI $42,216 Riverview, MI $42,102 Lake Linden, MI $40,130 Southgate, MI $42,169

Ypsilanti, MI $42,435 Detroit, MI $42,216 Highland Park, MI $42,216 Marcellus, MI $40,206 Shaftsburg, MI $40,772 Davisburg, MI $41,996 Hamtramck, MI $42,216 River Rouge, MI $42,216

Ferndale, MI $42,216 Harper Woods, MI $42,216 Ecorse, MI $42,216 Grosse Pointe, MI $42,216 Oak Park, MI $42,216 Redford, MI $42,169 Bloomfield Hills, MI $42,034 Rochester, MI $41,962

Sterling Heights, MI $42,080 Utica, MI $42,013 Keego Harbor, MI $41,996 Auburn Hills, MI $41,967 West Bloomfield, MI $42,013 Waterford, MI $41,971 Drayton Plains, MI $41,971 Farmington, MI $42,034

Pontiac, MI $41,983 Clarkston, MI $41,975 Lanse, MI $39,776 Marenisco, MI $40,109 Mass City, MI $40,109 Mohawk, MI $39,940 Nisula, MI $39,940 Ontonagon, MI $40,109

Painesdale, MI $39,940 Pelkie, MI $40,130 Ramsay, MI $40,109 Rockland, MI $40,109 Sidnaw, MI $39,776 Skanee, MI $39,776 South Range, MI $39,940 Stambaugh, MI $39,776

Toivola, MI $39,940 Trout Creek, MI $40,130 Wakefield, MI $40,109 Watersmeet, MI $40,130 Watton, MI $39,776 White Pine, MI $40,109 Algonac, MI $41,878 Allenton, MI $41,878

Almont, MI $41,878 Anchorville, MI $41,878 Armada, MI $41,878 Avoca, MI $41,878 Troy, MI $42,059 Birmingham, MI $42,080 Capac, MI $41,878 Center Line, MI $42,216

Clawson, MI $42,127 Eastpointe, MI $42,216 Emmett, MI $41,878 Fair Haven, MI $41,878 Franklin, MI $42,059 Fraser, MI $42,127 Goodells, MI $41,878 Harsens Island, MI $41,878

Hazel Park, MI $42,216 Jeddo, MI $41,878 Southfield, MI $42,127 Clinton Township, MI $42,034 Marine City, MI $41,878 Marysville, MI $41,878 Memphis, MI $41,878 Macomb, MI $41,924

Mount Clemens, MI $42,013 Harrison Township, MI $41,967 New Baltimore, MI $41,878 New Haven, MI $41,878 North Street, MI $41,878 East China, MI $41,878 Fort Gratiot, MI $41,878 Port Huron, MI $41,878

Richmond, MI $41,878 Columbus, MI $41,878 Casco, MI $41,878 Romeo, MI $41,878 Roseville, MI $42,148 Royal Oak, MI $42,169 Pleasant Ridge, MI $42,216 Huntington Woods, MI $42,194

Madison Heights, MI $42,194 Saginaw, MI $39,560 Alger, MI $39,223 Auburn, MI $39,472 Beaverton, MI $39,223 Bentley, MI $39,223 Brant, MI $39,662 Breckenridge, MI $39,417

Chesaning, MI $39,337 Clare, MI $39,223 Coleman, MI $39,223 Comins, MI $39,223 Edenville, MI $39,223 Fairview, MI $39,223 Farwell, MI $39,223 Freeland, MI $39,539

Gladwin, MI $39,223 Harrison, MI $39,223 Hemlock, MI $39,447 Higgins Lake, MI $39,223 Hope, MI $39,223 Houghton Lake, MI $39,223 Houghton Lake Heights, MI $39,223 Kawkawlin, MI $39,447

Lake, MI $39,223 Lake George, MI $39,223 Linwood, MI $39,311 Lupton, MI $39,223 Luzerne, MI $39,223 Merrill, MI $39,337 Midland, MI $39,358 North Adams, MI $41,354

Marne, MI $40,358 Mears, MI $38,826 Montague, MI $39,029 Muskegon, MI $39,164 New Era, MI $38,826 Nunica, MI $39,096 Pentwater, MI $38,826 Pullman, MI $40,282

Ravenna, MI $39,008 Rothbury, MI $38,894 Saugatuck, MI $39,734 Scottville, MI $38,826 Shelby, MI $38,826 Spring Lake, MI $39,164 Twin Lake, MI $39,096 Walhalla, MI $38,826

Walkerville, MI $38,826 West Olive, MI $38,940 Whitehall, MI $39,050 Sylvan Beach, MI $39,075 Zeeland, MI $39,573 Grand Rapids, MI $40,358 Wyoming, MI $40,358 Saranac, MI $40,362

Mio, MI $39,223 Oakley, MI $39,717 Pinconning, MI $39,223 Prudenville, MI $39,223 Rhodes, MI $39,223 Roscommon, MI $39,223 Rose City, MI $39,223 Saint Charles, MI $39,472

Saint Helen, MI $39,223 Sanford, MI $39,223 Standish, MI $39,223 Sterling, MI $39,223 West Branch, MI $39,223 Wheeler, MI $39,362 Akron, MI $39,269 Au Gres, MI $39,223

Barton City, MI $39,223 Bay City, MI $39,539 University Center, MI $39,560 Bay Port, MI $39,223 Black River, MI $39,223 Bridgeport, MI $39,560 Caro, MI $39,223 Carrollton, MI $39,560

Caseville, MI $39,223 Cass City, MI $39,223 Clifford, MI $39,223 Curran, MI $39,223 Deford, MI $39,223 East Tawas, MI $39,223 Elkton, MI $39,223 Essexville, MI $39,493

Fairgrove, MI $39,311 Frankenmuth, MI $39,514 Gagetown, MI $39,223 Gilford, MI $39,425 Glennie, MI $39,223 Greenbush, MI $39,223 Hale, MI $39,223 Harrisville, MI $39,223

Kingston, MI $39,223 Lincoln, MI $39,223 Long Lake, MI $39,223 Mayville, MI $39,223 Berkley, MI $42,169 Smiths Creek, MI $41,878 Cadillac, MI $39,358 Acme, MI $39,459

Alba, MI $39,223 Alden, MI $39,024 Arcadia, MI $39,299 Bear Lake, MI $39,299 Bellaire, MI $39,024 Benzonia, MI $39,299 Beulah, MI $39,299 Boon, MI $39,421

Brethren, MI $38,826 Buckley, MI $38,826 Cedar, MI $39,299 Central Lake, MI $39,273 Chase, MI $39,421 Copemish, MI $38,826 Eastlake, MI $38,826 Eastport, MI $39,459

Elberta, MI $39,776 Elk Rapids, MI $39,459 Empire, MI $39,776 Evart, MI $39,358 Falmouth, MI $39,223 Fife Lake, MI $39,358 Filer City, MI $38,826 Frankfort, MI $39,776

Glen Arbor, MI $39,776 Grawn, MI $39,299 Harrietta, MI $38,826 Hersey, MI $39,421 Honor, MI $39,299 Idlewild, MI $38,826 Interlochen, MI $39,299 Irons, MI $38,826

Kaleva, MI $38,826 Kalkaska, MI $39,223 Kewadin, MI $39,459 Kingsley, MI $39,358 Lake Ann, MI $39,299 Lake City, MI $39,358 Lake Leelanau, MI $39,299 Leland, MI $39,776

Leroy, MI $39,421 Luther, MI $38,826 Trout Lake, MI $39,497 Vanderbilt, MI $39,223 Walloon Lake, MI $39,223 Waters, MI $39,223 Wolverine, MI $39,223 Iron Mountain, MI $39,776

Kingsford, MI $39,776 Allouez, MI $39,940 Au Train, MI $39,776 Bark River, MI $39,776 Big Bay, MI $39,776 Carney, MI $39,776 Champion, MI $39,776 Channing, MI $39,776

Chatham, MI $39,776 Cooks, MI $39,776 Cornell, MI $39,776 Arnold, MI $39,776 Curtis, MI $39,776 Daggett, MI $39,776 Deerton, MI $39,776 Eben Junction, MI $39,776

Rumely, MI $39,776 Engadine, MI $39,776 Escanaba, MI $39,776 Felch, MI $39,776 Little Lake, MI $39,776 Foster City, MI $39,776 Garden, MI $39,776 Germfask, MI $39,776

Gladstone, MI $39,776 Gould City, MI $39,776 Grand Marais, MI $39,776 Gulliver, MI $39,776 Gwinn, MI $39,776 Harris, MI $39,776 Hermansville, MI $39,776 Ingalls, MI $39,776

Ishpeming, MI $39,776 Loretto, MI $39,776 Mc Millan, MI $39,776 Manistique, MI $39,776 Marquette, MI $39,776 Menominee, MI $39,776 Michigamme, MI $39,776 Munising, MI $39,776

Nadeau, MI $39,776 Nahma, MI $39,776 National Mine, MI $39,776 Negaunee, MI $39,776 Newberry, MI $39,776 Norway, MI $39,776 Palmer, MI $39,776 Perkins, MI $39,776

Perronville, MI $39,776 Powers, MI $39,776 Quinnesec, MI $39,776 Ralph, MI $39,776 Rapid River, MI $39,776 Republic, MI $39,776 Rock, MI $39,776 Sagola, MI $39,776

Seney, MI $39,776 Shingleton, MI $39,776 Skandia, MI $39,776 Spalding, MI $39,776 Stephenson, MI $39,776 Trenary, MI $39,776 Vulcan, MI $39,776 Wallace, MI $39,776

Wells, MI $39,776 Wetmore, MI $39,776 Wilson, MI $39,776 Ahmeek, MI $39,940 Alpha, MI $39,776 Amasa, MI $39,776 Atlantic Mine, MI $40,109 Baraga, MI $40,130

Bergland, MI $40,109 Bessemer, MI $40,109 Bruce Crossing, MI $39,940 Calumet, MI $39,940 Caspian, MI $39,776 Chassell, MI $39,940 Copper City, MI $39,940 Copper Harbor, MI $40,130

Covington, MI $39,776 Crystal Falls, MI $39,776 Dodgeville, MI $39,940 Dollar Bay, MI $39,940 Ewen, MI $40,109 Gaastra, MI $39,776 Greenland, MI $40,109 Hancock, MI $39,940

Houghton, MI $39,940 Hubbell, MI $39,940 Iron River, MI $39,776 Ironwood, MI $40,109 Kearsarge, MI $39,940 Norvell, MI $41,713 Onondaga, MI $40,637 Onsted, MI $41,587

Osseo, MI $40,983 Ottawa Lake, MI $40,654 Palmyra, MI $41,219 Parma, MI $40,928 Petersburg, MI $40,552 Pittsford, MI $41,751 Pleasant Lake, MI $41,148 Reading, MI $40,983

Riga, MI $40,603 Rives Junction, MI $41,000 Sand Creek, MI $41,017 Somerset, MI $41,764 Somerset Center, MI $41,549 Spring Arbor, MI $41,034 Springport, MI $40,759 Stockbridge, MI $41,346

Tecumseh, MI $41,523 Tipton, MI $41,536 Waldron, MI $40,451 Weston, MI $40,966 Ada, MI $40,358 Alto, MI $40,223 Bailey, MI $39,493 Baldwin, MI $38,826

Barryton, MI $39,620 Belmont, MI $40,358 Big Rapids, MI $39,421 Bitely, MI $38,826 Blanchard, MI $40,021 Bradley, MI $40,443 Brohman, MI $38,944 Burnips, MI $40,177

Byron Center, MI $40,337 Caledonia, MI $40,270 Cannonsburg, MI $40,312 Casnovia, MI $40,156 Cedar Springs, MI $40,177 Chippewa Lake, MI $40,021 Mancelona, MI $39,223 Manistee, MI $38,826

Manton, MI $39,358 Maple City, MI $39,299 Marion, MI $39,620 Mayfield, MI $39,421 Merritt, MI $39,223 Mesick, MI $38,826 Northport, MI $39,776 Old Mission, MI $39,459

Omena, MI $39,299 Onekama, MI $38,826 Rapid City, MI $39,024 Reed City, MI $39,421 Sears, MI $39,358 South Boardman, MI $39,024 Suttons Bay, MI $39,299 Thompsonville, MI $39,299

Traverse City, MI $39,459 Tustin, MI $39,421 Wellston, MI $38,826 Williamsburg, MI $39,358 Mackinaw City, MI $39,497 Afton, MI $39,223 Alanson, MI $39,223 Alpena, MI $39,223

Atlanta, MI $39,223 Barbeau, MI $39,223 Bay Shore, MI $39,273 Boyne City, MI $39,223 Boyne Falls, MI $39,223 Brimley, MI $39,497 Brutus, MI $39,223 Burt Lake, MI $39,223

Carp Lake, MI $39,497 Cedarville, MI $39,223 Charlevoix, MI $39,273 Cheboygan, MI $39,223 Conway, MI $39,223 Cross Village, MI $39,497 Dafter, MI $39,497 De Tour Village, MI $39,223

Drummond Island, MI $39,223 East Jordan, MI $39,223 Eckerman, MI $39,497 Ellsworth, MI $39,273 Elmira, MI $39,223 Frederic, MI $39,223 Gaylord, MI $39,223 Goetzville, MI $39,223

Good Hart, MI $39,497 Grayling, MI $39,223 Harbor Springs, MI $39,497 Hawks, MI $39,223 Herron, MI $39,223 Hessel, MI $39,223 Hillman, MI $39,223 Hubbard Lake, MI $39,223

Hulbert, MI $39,776 Indian River, MI $39,223 Johannesburg, MI $39,223 Tower, MI $39,223 Comstock Park, MI $40,358 Kinross, MI $39,497 Lachine, MI $39,223 Levering, MI $39,223

Lewiston, MI $39,223 Mackinac Island, MI $39,223 Millersburg, MI $39,223 Moran, MI $39,497 Mullett Lake, MI $39,223 Naubinway, MI $39,776 Oden, MI $39,223 Onaway, MI $39,223

Ossineke, MI $39,223 Paradise, MI $39,776 Pellston, MI $39,223 Petoskey, MI $39,223 Pickford, MI $39,223 Pointe Aux Pins, MI $39,223 Posen, MI $39,223 Presque Isle, MI $39,223

Rogers City, MI $39,223 Rudyard, MI $39,497 Saint Ignace, MI $39,497 Beaver Island, MI $39,776 Sault Sainte Marie, MI $39,497 Kincheloe, MI $39,497 Topinabee, MI $39,223 Macatawa, MI $39,484

Coral, MI $39,822 Dorr, MI $40,202 Freeport, MI $40,460 Gowen, MI $39,970 Grant, MI $39,413 Hopkins, MI $40,270 Howard City, MI $39,700 Kent City, MI $40,177

Lowell, MI $40,223 Mecosta, MI $40,021 Middleville, MI $40,135 Moline, MI $40,202 Morley, MI $39,780 Newaygo, MI $39,379 Paris, MI $39,421 Pierson, MI $39,679

Remus, MI $40,021 Rockford, MI $40,312 Rodney, MI $40,021 Sand Lake, MI $39,683 Shelbyville, MI $40,468 Sparta, MI $40,291 Stanwood, MI $40,021 Trufant, MI $39,877

Wayland, MI $40,135 White Cloud, MI $39,295 Allendale, MI $40,244 Branch, MI $38,826 Conklin, MI $40,244 Coopersville, MI $40,244 Custer, MI $38,826 Douglas, MI $39,767

Fennville, MI $39,902 Ferrysburg, MI $39,164 Fountain, MI $38,826 Free Soil, MI $38,826 Fremont, MI $39,235 Fruitport, MI $39,164 Glenn, MI $40,118 Grand Haven, MI $39,164

Grandville, MI $40,358 Hamilton, MI $39,788 Hart, MI $38,826 Hesperia, MI $39,054 Holland, MI $39,518 Holton, MI $38,961 Hudsonville, MI $40,291 Jamestown, MI $40,270

Jenison, MI $40,358 Lamont, MI $40,312 Ludington, MI $38,826 Mc Bain, MI $39,358 Hartland, MI $41,705 Highland, MI $41,937 Lake Orion, MI $41,937 Oakland, MI $41,920

Lakeville, MI $41,899 Leonard, MI $41,878 Oxford, MI $41,920 Novi, MI $42,232 Milford, MI $42,038 Commerce Township, MI $41,996 White Lake, MI $41,992 Union Lake, MI $41,983

Walled Lake, MI $42,017 Wixom, MI $42,211 Applegate, MI $39,223 Argyle, MI $39,223 Atlas, MI $40,426 Attica, MI $40,548 Bad Axe, MI $39,223 Bancroft, MI $40,312

Birch Run, MI $39,472 Brown City, MI $39,223 Burt, MI $39,472 Byron, MI $40,671 Carsonville, MI $39,223 Clio, MI $39,311 Columbiaville, MI $39,223 Croswell, MI $40,548

Millington, MI $39,269 Munger, MI $39,560 National City, MI $39,223 Omer, MI $39,223 Oscoda, MI $39,223 Owendale, MI $39,223 Pigeon, MI $39,223 Prescott, MI $39,223

Reese, MI $39,493 Richville, MI $39,447 Sebewaing, MI $39,223 Silverwood, MI $39,223 South Branch, MI $39,223 Spruce, MI $39,223 Tawas City, MI $39,223 Turner, MI $39,223

Twining, MI $39,223 Unionville, MI $39,223 Vassar, MI $39,358 Whittemore, MI $39,223 Alma, MI $39,611 Mount Pleasant, MI $39,223 Okemos, MI $40,861 Ashley, MI $39,890

Bannister, MI $39,936 Bath, MI $40,861 Belding, MI $40,168 Carson City, MI $40,337 Cedar Lake, MI $40,021 Charlotte, MI $40,679 Clarksville, MI $40,417 Cohoctah, MI $41,025

Corunna, MI $39,936 Crystal, MI $40,303 Dansville, MI $40,679 Dewitt, MI $40,861 Dimondale, MI $40,861 Eagle, MI $40,793 East Lansing, MI $40,861 Eaton Rapids, MI $40,726

Edmore, MI $40,021 Elm Hall, MI $39,801 Elsie, MI $39,995 Elwell, MI $39,366 Eureka, MI $40,067 Fenwick, MI $40,211 Fowler, MI $40,557 Fowlerville, MI $41,160

Grand Ledge, MI $40,861 Greenville, MI $40,075

Loan Servicing Representative Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Loan Servicing Representative's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on May 18, 2021

$38,463

Average $41,663/year

$44,708

$3,205

Average $3,472/month

$3,726

$740

Average $801/week

$860

$18

Average $20/hour

$21

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$44,708	$3,726	$860	$21
Average	$41,663	$3,472	$801	$20
25th Percentile	$38,463	$3,205	$740	$18

Salaries of jobs related to Loan Servicing Representative

Find Your Next Loan Servicing Representative Job

Ready to take the next step in your career? Browse thousands of current Loan Servicing Representative job openings on our job board. Use the search bar below to find your perfect match.

For Employees

Get a Salary Increase

Analyze the market and your qualifications to negotiate your salary with confidence.

Search Job Openings

Search thousands of open positions to find your next opportunity.

For Employers

Adjust Employee Salary

Individualize employee pay based on unique job requirements and personal qualifications.

Price My Industry Jobs

Get the latest market price for benchmark jobs and jobs in your industry.

Cost of Living In Michigan

Cost of Living in Michigan is

-1.3% Lower

than the National Average

Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.

Explore Cost of Living Calculator

Empower Your Team

Salary.com experts will help you thrive your workplaces.

Find Salary.com Comp Consulting

See Salary Trends in 2025

Salary.com provides salary survey data for thousands of industry Jobs.

Price Your Company Jobs and Make Pay Fair

Where Does Our Salary Data Come From?

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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.