ZipRecruiter

Log In

1

Payoff Jobs (NOW HIRING)

Planet Home Lending LLC

Payoff Specialist II

Meriden, CT · On-site

$18.75 - $25.50/hr

Job Summary The Payoff Specialist II is responsible for handling more complex tasks within the Payoff Department and resolving escalated issues. Takes the lead in new employee and ongoing training of ...

SERVION INC

Mortgage Payoff Specialist

New Brighton, MN

$20.60 - $23.98/hr

Process payoff checks in a timely manner. * Draft satisfactions/release per county requirements and timeframes. * Disburse refund of any overage received with the payoff as well as escrow funds.

SERVION INC

Mortgage Payoff Specialist

Saint Paul, MN · On-site

$20.60 - $23.98/hr

Process payoff checks in a timely manner. * Draft satisfactions/release per county requirements and timeframes. * Disburse refund of any overage received with the payoff as well as escrow funds.

Gossett Motors

Title / Payoff Clerk

Memphis, TN · On-site

$15 - $19.25/hr

JOB SUMMARY We are currently seeking an Experienced PAYOFF / TITLE CLERK to join our team! Gossett Motor Cars Benefits: * Unsurpassed professional training * Team-oriented environment * Advancement ...

Gossett Motors

Title / Payoff Clerk

Memphis, TN

$15.75 - $20.25/hr

JOB SUMMARY We are currently seeking an Experienced PAYOFF / TITLE CLERK to join our team! Gossett Motor Cars Benefits: * Unsurpassed professional training * Team-oriented environment * Advancement ...

Gossett Motor Cars

Title / Payoff Clerk

Memphis, TN

$14.50 - $18.50/hr

Job Summary We are currently seeking an Experienced Payoff / Title Clerk to join our team! Benefits * Unsurpassed professional training * Team-oriented environment * Advancement opportunities * Paid ...

Gossett Motors

Title / Payoff Clerk

Memphis, TN · On-site

$15 - $19.25/hr

JOB SUMMARY We are currently seeking an Experienced PAYOFF / TITLE CLERK to join our team! Gossett Motor Cars Benefits: * Unsurpassed professional training * Team-oriented environment * Advancement ...

Gossett Motors

Title / Payoff Clerk

Memphis, TN

$15.75 - $20.25/hr

JOB SUMMARY We are currently seeking an Experienced PAYOFF / TITLE CLERK to join our team! Gossett Motor Cars Benefits: * Unsurpassed professional training * Team-oriented environment * Advancement ...

next page

Showing results 1-20

People also search for

All JobsPayoff Jobs

Payoff information

See salary details

$55K

$73.9K

$87K

How much do payoff jobs pay per year?

As of May 31, 2026, the average yearly pay for payoff in the United States is $73,897.00, according to ZipRecruiter salary data. Most workers in this role earn between $69,500.00 and $77,500.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Payoff Specialist, and why are they important?

To thrive as a Payoff Specialist, you need a strong understanding of loan processing, financial documentation, and attention to detail, typically supported by experience in banking or mortgage operations. Familiarity with loan servicing software, payment processing systems, and occasionally certification in mortgage processing tools is highly beneficial. Excellent organizational skills, effective communication, and problem-solving abilities help you stand out in this role. These skills are crucial for ensuring the accuracy and timeliness of loan payoffs, which directly impacts customer satisfaction and regulatory compliance.

What are some common challenges faced by professionals working in payoff departments within finance or mortgage companies?

Professionals in payoff departments often manage time-sensitive requests for loan payoffs, which requires attention to detail and the ability to work efficiently under pressure. A frequent challenge is coordinating with multiple stakeholders, such as borrowers, lenders, and title companies, to ensure accurate and timely processing of payoff statements. They must also stay updated on regulatory requirements and internal policies, as errors can lead to costly delays. Strong communication and organizational skills are essential to succeed in this collaborative, fast-paced environment.

What are Payoff Specialists?

Payoff Specialists are professionals who manage the process of closing out loans by calculating the remaining balance, ensuring all necessary documentation is completed, and coordinating with borrowers and financial institutions to finalize payments. They often work in banking, mortgage, or auto finance industries and play a critical role in ensuring loans are paid off accurately and efficiently. Their responsibilities may also include verifying payoff amounts, preparing payoff statements, and processing lien releases once loans are settled.

What is the difference between Payoff vs Loan Officer?

AspectPayoffLoan Officer
CredentialsTypically requires financial or mortgage licensing, certifications varyRequires mortgage or financial licenses, certifications like NMLS
Work EnvironmentFinancial institutions, mortgage companies, online platformsBanks, credit unions, mortgage companies, retail settings
Industry UsageUsed in mortgage and loan repayment contextsUsed in loan origination and approval processes

Payoff and Loan Officer roles often overlap in the mortgage and lending industry. While Payoff specialists focus on loan repayment strategies and refinancing options, Loan Officers handle the application and approval process for new loans. Both require financial licensing and work within similar environments, but their primary functions differ—Payoff emphasizes managing existing loans, whereas Loan Officers originate new loans.

More about Payoff jobs
What are the most commonly searched types of Payoff jobs? The most popular types of Payoff jobs are:
What states have the most Payoff jobs? States with the most job openings for Payoff jobs include:
What job categories do people searching Payoff jobs look for? The top searched job categories for Payoff jobs are:
Payoff jobs near you
Infographic showing various Payoff job openings in the United States as of May 2026, with employment types broken down into 94% Full Time, 4% Part Time, 1% Contract, and 1% Nights. Highlights an 93% Physical, 2% Hybrid, and 5% Remote job distribution, with an average salary of $73,897 per year, or $35.5 per hour.
Automotive Payoff Clerk

Automotive Payoff Clerk

Auto Services Unlimited

Independence, OH • On-site

$17.50 - $22/hr

Per diem

Posted 13 days ago

Job description

Job Summary: Responsible for processing vehicle payoffs, ensuring accurate and timely settlement of financed and leased vehicles, and supporting dealership accounting and finance operations. Serves as a main point of contact between lenders, customers, and team members to make sure all transactions are completed correctly and on time.
Duties/Responsibilities
  • Process daily vehicle loan/lease payoffs with banks/lienholders

  • Verify payoff amount, per diem interest, and lienholder information

  • Submit payoff checks/electronic payments in a timely manner

  • Track/reconcile outstanding payoffs

  • Resolve payoff discrepancies relating to balances/missing documents

  • Work closely with finance/sales department to finalize deals

Job Requirements:
  • High School Diploma or equivalent

  • Previous experience in an automotive dealership, accounting office, or title/payoff processing preferred.

  • Previous experience in Dealer Management System is a plus.

  • High level of attention to detail and accuracy required.

  • Ability to work in a fast-paced environment with minimal supervision.

  • Strong communication skills (phone, email, and in-person)

Apply