Loan Servicing Officer Salary in Arizona - State Average

To get your salary data, use the search bar below or browse by job, city, or state.
loading...

Job title is required

loading...

Job location is required.

Average Salary for Loan Servicing Officer in Arizona - State Average

The average salary of a(n) Loan Servicing Officer in Arizona - State Average is $52,372.

The average hourly rate of a(n) Loan Servicing Officer in Arizona - State Average is $25.18.

The average bonus of a(n) Loan Servicing Officer in Arizona - State Average is $1,665.00.

Job Description:

Coordinates activities to collect delinquent commercial loans. Reviews files of commercial loans in default to determine collateral held by bank. Typically requires a four-year college degree in addition to job experience in a related field. Writes letter to customer to demand payment of loan balance. Calls or visits customer to determine if repayment plan can be established. Computes repayment schedule. Determines if status of customer's financial position prevents repayment of loan and justifies re-classifying loan as non-revenue producing. Initiates collateral liquidation when customer does not repay loan. Petitions court to transfer title and deeds of collateral to bank. Coordinates maintenance and repairs to property. Coordinates activities to maintain income flow related to seized assets, such as notifying renters to mail payments to financial institution. Calls real estate broker to initiate sale of real estate. Calls auctioneer or liquidation specialist to sell specified property, such as machines, equipment, and inventory at public auction. Specifies changes to bank records on value of loan. May testify at legal proceedings. Less

Coordinates activities to collect delinquent commercial loans. Reviews files of commercial loans in default to determine collateral held by bank. Typically requires a four-year college degree in addition to job experience in a related field. Writes letter to customer to... More

How helpful is this page?

Are you a(n) Loan Servicing Officer?

Get a more personalized salary report now. Get Report

Average Salaries for Similar Jobs in Arizona - State Average

View Salaries for Loan Servicing Officer in Other Cities in Arizona - State Average

Job Openings by Indeed job search

Results for Loan Servicing Officer in Arizona - State Average

Corporate Training Program-Loan Officer - Tempe, AZ

Freedom Mortgage

Currently, we have over 5,200 employees, we are funding over 6 billion dollars in loans a month and we have a servicing portfolio of over 100 billion dollars....

View job on Indeed.com

Entry Level Loan Officer Opportunity - Tempe, AZ

Freedom Mortgage

Currently, we have over 5,200 employees, we are funding over 6 billion dollars in loans a month and we have a servicing portfolio of over 100 billion dollars....

View job on Indeed.com

Loan Servicing Officer - Phoenix, AZ

Western Alliance Bank

Assists Loan Officers, the Loan Quality Control Officer, other Bank personnel on department business to coordinate inter and intra-departmental activities;...

View job on Indeed.com

Loan Officer - Direct - Scottsdale, AZ

Stonegate Mortgage

The Loan Officer/Mortgage Advisor for our Consumer Direct group originates loans from company-provided leads, existing portfolio, and various other third-party...

View job on Indeed.com

Licensed Loan Officer - Chandler, AZ

Security National Mortgage Company

We are seeking a Licensed Loan Officer to become a part of our expanding team! Collect loan applications and supporting documentation....

View job on Indeed.com

Discover How Much You
Should Be Paid

Work in Compensation or HR?    x