As of April 01, 2025, the average annual salary for a Loan Workout Officer I in Kentucky is $68,402. Salary.com reports that pay typically ranges from $62,340 to $72,545, with most professionals earning between $56,821 and $76,316.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $77,093 | $6,424 | $1,483 | $37 |
| Average | $72,691 | $6,058 | $1,398 | $35 |
| 25th Percentile | $66,249 | $5,521 | $1,274 | $32 |
An entry-level Loan Workout Officer I with under 1 year experience makes about $67,497. With less than 2 years of experience, a mid-level Loan Workout Officer I makes around $68,221. After 2-4 years, the Loan Workout Officer I pay rises to about $69,144. Those senior Loan Workout Officer I with 5-8 years of experience earn roughly $69,639, and those Loan Workout Officer I having 8 years or more experience are expected to earn about $69,762 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Workout Officer I | $67,497 |
| Intermediate Level Loan Workout Officer I | $68,221 |
| Senior Level Loan Workout Officer I | $69,144 |
| Specialist Level Loan Workout Officer I | $69,639 |
| Expert Level Loan Workout Officer I | $69,762 |
| Entry Level | 7% |
| Mid Level | 6% |
| Senior Level | 5% |
| Top Level | 4% |
| Experienced | 4% |
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