▼8%
$70,588
Avg. Base Salary (USD)
/ year
Avg. Base Salary (USD)
10%
$59k
MEDIAN
$71k
90%
$116k
The average salary for a Loan Workout Officer is $70,588 in 2025
Base Salary
$59k - $116k
Bonus
$15k - $21k
Total Pay
$59k - $131k
Is Average Loan Workout Officer with Loan Underwriting Skills Salary your job title? Find out what you should be paid
Use our tool to get a personalized report on your market worth.What's this?
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What is the Pay by Experience Level for Loan Workout Officers?
▼9%
What Do Loan Workout Officers Do?
Find your market worth – how it works:
Common Health Benefits for a Loan Workout Officer
Medical
86%
Dental
86%
Vision
86%
None
14%
Gender Breakdown for Loan Workout Officers
Male
80.0%
Female
20.0%
This data is based on 5 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 $116k / year
What is the lowest pay for Loan Workout Officers?
Our data indicates that the lowest pay for a Loan Workout Officer is $59k / 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.