Avg. Base Hourly Rate (USD)
The average hourly pay for a Loan Servicing Representative is $17.73 in 2025
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What Do Loan Servicing Representatives Do?
- Document client interactions and accurately capture data using company loan processing systems.
- Ensure compliance with all federal and local rules, laws, and regulations.
- Ensure loan guidelines are followed and loans are underwritten properly in accordance with all company procedures.
- Educate clients and assist them through the loan process.
Common Health Benefits for a Loan Servicing Representative
Gender Breakdown for Loan Servicing Representatives
FAQs About Loan Servicing Representatives
What is the highest pay for Loan Servicing Representatives in Sioux Falls?
Our data indicates that the highest pay for a Loan Servicing Representative in Sioux Falls is $NaN / hour
What is the lowest pay for Loan Servicing Representatives in Sioux Falls?
Our data indicates that the lowest pay for a Loan Servicing Representative in Sioux Falls is $NaN / hour
How can Loan Servicing Representatives increase their salary?
Increasing your pay as a Loan Servicing Representative is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Loan Servicing Representative that oversees more junior Loan Servicing Representatives, this experience can increase the likelihood to earn more.