As of August 01, 2026, the average salary for an Entry Loan Workout Officer in the United States is $76,700 per year, which breaks down to an hourly rate of $37.
However, an Entry Loan Workout Officer's salary can vary significantly. Here’s a look at the typical salary range:
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An Entry Loan Workout Officer's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education, and company size can directly affect your earning potential.
Experience is a primary driver of an Entry Loan Workout Officer's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Loan Restructuring Officer I | 0-2 years | $62,898 |
| Entry Loan Workout Officer | 2-4 years | $76,626 |
| Intermediate Loan Workout Officer | 4-7 years | $106,230 |
| Loan Restructuring Officer IV | 7+ years | $137,546 |
| Commercial Loan Restructuring and Workout Manager | 7+ years | $148,543 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Entry Loan Workout Officers. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 8.24% |
| Economics | 3.53% |
| Digital Transformation | 2.35% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Accounting
|
$85,137 |
11%
|
|
Commercial Loans
|
$85,137 |
11%
|
Entry Loan Workout Officer salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $81,718. While startup companies pay approximate $69,390.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $69,390 |
| Growth Stage | 51~500 | $73,328 |
| Established | 501~5000 | $78,985 |
| Enterprise | 5000+ | $81,718 |
For Entry Loan Workout Officer roles, the industry you choose can impact your earning potential by as much as 20% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Edu., Gov't. & Nonprofit, offers compensation 10% above the average. Conversely, Entry Loan Workout Officer positions in Business Services typically offer lower base pay, as this sector often view Entry Loan Workout Officer as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Edu., Gov't. & Nonprofit | $84,370 | $41.0 | 10% |
Your level of education can impact your salary potential. While many Entry Loan Workout Officers enter the field with a Associate's Degree degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for an Entry Loan Workout Officer with a Associate's Degree is between $67,388 and $71,870).
Entry Loan Workout Officer Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 26.9% |
| High School | 26.9% |
| Associates | 23.1% |
| Bachelors | 38.5% |
| Masters | 11.5% |
| Doctorate | 0.0% |
Understanding how an Entry Loan Workout Officer's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on August 01, 2026Promotions are the fastest way to increase your earnings. As an Entry Loan Workout Officer, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| Commercial Loan Restructuring Officer III | $133,700 | 74% |
| Intermediate Loan Workout Officer | $106,300 | 39% |
Salaries for an Entry Loan Workout Officer can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $57,349 in 2023 to around $57,173 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Entry Loan Workout Officer salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $57,349 |
| 2024 | $57,282 |
| 2025 | $57,173 |
| 2026 |
View More
|
| 2027 |
View More
|
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The Edu., Gov't. & Nonprofit industry offers the highest average compensation for Entry Loan Workout Officer roles, with salaries approximately 10% above the market median.
A Loan Workout Officer is responsible for managing and resolving loans that are in default or at risk of default. They work to negotiate repayment plans and assist borrowers in financial distress. The salary for this position typically ranges from $65,100 to $86,100, with a midpoint of $73,000, reflecting the expertise and responsibility involved in the role.
The lowest salary for an Entry Loan Workout Officer is $65,100. In 2023, the median salary for this role is $73,000, with the highest earners making up to $86,100. This reflects a competitive salary range within the industry.
While a degree is not always mandatory to become an Entry Loan Workout Officer, many professionals in this field possess a bachelor's degree. Relevant fields of study include finance, business administration, or economics. The salary for this position typically ranges from $65,100 to $86,100, with a mid-salary of $73,000.
At First American Bank, the salary for an Entry Loan Workout Officer ranges from $65,100 to $86,100 annually, with a midpoint of $73,000. This translates to approximately $5,425 to $7,175 per month. Salaries for other positions vary, with Account Executives earning around $2,878 monthly and Commercial Managers up to $5,719 monthly.
USCIS Training Program: Once hired, you will participate in a nine-week orientation at the USCIS training center in Charleston, South Carolina. This program equips you to work with diverse populations, investigate national threats, and manage immigration issues. As an Entry Loan Workout Officer, you can expect a salary ranging from $65,100 to $86,100, with a midpoint of $73,000.
The estimated total pay for an Entry Loan Workout Officer is between $65,100 and $86,100 per year, with a mid-salary of $73,000. These figures reflect the salary range based on industry data and represent the midpoint of the salary range for this position.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
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