▼16%
$78,400
Avg. Base Salary (USD)
/ year
Avg. Base Salary (USD)
10%
$63k
MEDIAN
$78k
90%
$138k
The average salary for a Loan Workout Officer is $78,400 in 2025
Base Salary
$63k - $138k
Bonus
$5k - $49k
Profit Sharing
$0 - $2k
Total Pay
$62k - $145k
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What is the Pay by Experience Level for Loan Workout Officers?
What Do Loan Workout Officers Do?
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How do Loan Workout Officers Rate Their Jobs?
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Common Health Benefits for a Loan Workout Officer
Medical
93%
Dental
93%
Vision
93%
None
7%
Gender Breakdown for Loan Workout Officers
Male
75.0%
Female
25.0%
This data is based on 12 survey responses. Learn more about the gender pay gap.
FAQs About Loan Workout Officers
What is the highest pay for Loan Workout Officers?
Our data indicates that the highest pay for a Loan Workout Officer is $138k / year
What is the lowest pay for Loan Workout Officers?
Our data indicates that the lowest pay for a Loan Workout Officer is $63k / year
How can Loan Workout Officers increase their salary?
Increasing your pay as a Loan Workout Officer 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 Workout Officer that oversees more junior Loan Workout Officers, this experience can increase the likelihood to earn more.