Average Loan Servicing Specialist with Loan Processing Skills Hourly Pay

$20.66
Avg. Base Hourly Rate (USD)
10%
$16.35
MEDIAN
$20.66
90%
$27.41

The average hourly pay for a Loan Servicing Specialist is $20.66 in 2025

Hourly Rate
$16 - $27
Bonus
$405 - $7k
Profit Sharing
$0 - $1k
Total Pay
$35k - $63k
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FAQs About Loan Servicing Specialists

What is the highest pay for Loan Servicing Specialists?

Our data indicates that the highest pay for a Loan Servicing Specialist is $27.41 / hour

What is the lowest pay for Loan Servicing Specialists?

Our data indicates that the lowest pay for a Loan Servicing Specialist is $16.35 / hour

How can Loan Servicing Specialists increase their salary?

Increasing your pay as a Loan Servicing Specialist 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 Specialist that oversees more junior Loan Servicing Specialists, this experience can increase the likelihood to earn more.