As of May 01, 2025, the average annual salary for a Commercial Loan Workout Officer I in Colorado is $66,535. According to Salary.com, salaries can range from a low of $55,130 to a high of $74,248, with most professionals earning between $60,565 and $70,572.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $70,572 | $5,881 | $1,357 | $34 |
| Average | $66,535 | $5,545 | $1,280 | $32 |
| 25th Percentile | $60,565 | $5,047 | $1,165 | $29 |
An entry-level Commercial Loan Workout Officer I with under 1 year experience makes about $66,089. With less than 2 years of experience, a mid-level Commercial Loan Workout Officer I makes around $66,655. After 2-4 years, the Commercial Loan Workout Officer I pay rises to about $67,559. Those senior Commercial Loan Workout Officer I with 5-8 years of experience earn roughly $67,740, and those Commercial Loan Workout Officer I having 8 years or more experience are expected to earn about $67,860 on average.
| Levels | Salary |
|---|---|
| Entry Level Commercial Loan Workout Officer I | $66,089 |
| Intermediate Level Commercial Loan Workout Officer I | $66,655 |
| Senior Level Commercial Loan Workout Officer I | $67,559 |
| Specialist Level Commercial Loan Workout Officer I | $67,740 |
| Expert Level Commercial Loan Workout Officer I | $67,860 |
| Entry Level | 1% |
| Mid Level | 2% |
| Senior Level | 4% |
| Top Level | 4% |
| Experienced | 4% |
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Commercial Loan Workout Officer I salary varies from city to city. Compared with national average salary of Commercial Loan Workout Officer I, the highest Commercial Loan Workout Officer I salary is in San Francisco, CA, where the Commercial Loan Workout Officer I salary is 24.9% above. The lowest Commercial Loan Workout Officer I salary is in Miami, FL, where the Commercial Loan Workout Officer I salary is 3.9% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $81,442 |
24.9%
|
| Washington, DC | $72,202 |
10.7%
|
| Miami, FL | $62,655 |
|
| Chicago, IL | $67,389 |
3.3%
|
| Boston, MA | $72,730 |
11.5%
|
| New York, NY | $75,573 |
15.9%
|
