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Payoff Jobs (NOW HIRING)

US DEFAULT GROUP INC

Legal Assistant

Boca Raton, FL · On-site

$17 - $19/hr

Enter and update payoff and reinstatement figures in the firm's case management and servicing systems. * Review lender, servicer, and client-provided payoff and reinstatement figures for accuracy and ...

US DEFAULT GROUP INC

Legal Assistant

Alpharetta, GA · On-site

$17 - $19/hr

Enter and update payoff and reinstatement figures in the firm's case management and servicing systems. * Review lender, servicer, and client-provided payoff and reinstatement figures for accuracy and ...

CFS

Litigation Collections Lead

Jersey City, NJ · Remote

$24 - $28/hr

This role provides guidance to Specialists while managing a portfolio of payoff requests, receivable accounts, and settlement processes. The Litigation Collections Lead partners closely with ...

CFS

Litigation Collections Lead

Jersey City, NJ · Remote

$24 - $28/hr

This role provides guidance to Specialists while managing a portfolio of payoff requests, receivable accounts, and settlement processes. The Litigation Collections Lead partners closely with ...

Robert Half

Loan Processor - Support

Meriden, CT · On-site

$19 - $22/hr

This is a Contract position requiring onsite support for payoff-related operations, with a focus on maintaining accurate documentation and assisting with administrative processing. The ideal ...

Workway

Customer Service Specialist

Homewood, AL

$19 - $24/hr

Requesting reinstatement and payoff quotes for delinquent loans. * Calculating reinstatement and payoff amounts. * Preparing letters with calculations for reinstatement and payoff. * Documenting in ...

Robert Half

Loan Service Specialist

Lacey, WA · On-site

$26.60 - $30.80/hr

... Handle payoff-related payments received from insurers, auto dealers, and title companies, and ensure lien or title releases are completed correctly after payoff. • Manage specialized payment ...

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Payoff information

See salary details

$55K

$73.9K

$87K

How much do payoff jobs pay per year?

As of Jun 1, 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 Accounting Clerk

Automotive Accounting Clerk

Performance Columbus

Columbus, OH • On-site

$17.25 - $22.25/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 5 days ago

Job description

Description:

Performance Columbus has an immediate opening for an Accounting Clerk. We are a multi-brand, high-volume automotive dealership group in Central Ohio.

The ideal candidate will have prior experience working in a high-paced office environment, with previous automotive accounting experience preferred. And must be able to complete tasks independently and support office management staff as directed.

  • Flexible Hours
  • Hourly Rate Is "Experienced Based"
  • This Position is Full-Time

Why Choose a Career Performance Automotive Network?

  • Performance Automotive offers careers, not jobs
  • Family owned and operated for over 50-Years
  • Very competitive compensation based on experience and education
  • Long history of promoting from within our organization
  • Employee Benefits:
    • 401k - With Aggressive Company Match!
    • Medical insurance
    • HSA and/or FSA plans
    • Dental care
    • Vision coverage
    • Short term disability
    • Long term disability
    • Life insurance
    • Grief counseling
    • Living will preparation
    • Paid time off
    • Generous employee discounts on vehicles, parts and services
Requirements:

Accounting Clerk responsibilities:

  • Mail vehicle payoffs to banks daily.
  • Follow up on payoffs to make sure they are cashed within 10 business days.
  • Follow up with bank on titles and lien releases.
  • Ensure that paperwork in payoff packets are correct and completed in its entirety.
  • Keep payoff log up-to-date and locate missing payoff packets.
  • Keep updated and accurate notes on each payoff.
  • Apply for duplicate titles when necessary.
  • Maintain a list of bank contacts.
  • Process payoff shortage checks.

Qualifications:

  • Possess a comprehensive understanding of general ledger accounts and be able to post documents accurately
  • Ability to reconcile accounts
  • Capable of staying organized and work efficiently
  • Previous automotive accounting experience is preferred
  • Proficiency with Microsoft Outlook and Excel
  • Be relied upon to work independently
  • Hold a valid driver’s license with a good driving record
  • Substance screening is required of all Performance Automotive Network employees

Apply