How much does a Loan Workout Officer I make in Saco, ME? The average Loan Workout Officer I salary in Saco, ME is $70,519 as of March 26, 2024, but the range typically falls between $62,927 and $83,275. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Percentile | Salary | Location | Last Updated |
10th Percentile Loan Workout Officer I Salary | $56,014 | Saco,ME | March 26, 2024 |
25th Percentile Loan Workout Officer I Salary | $62,927 | Saco,ME | March 26, 2024 |
50th Percentile Loan Workout Officer I Salary | $70,519 | Saco,ME | March 26, 2024 |
75th Percentile Loan Workout Officer I Salary | $83,275 | Saco,ME | March 26, 2024 |
90th Percentile Loan Workout Officer I Salary | $94,889 | Saco,ME | March 26, 2024 |
Foothill Federal Credit Union - Arcadia, CA
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Loan Workout Officer I restructures loans; works with lending personnel and borrowers to better secure collateral and/or assets of the borrower. Works with small- and mid-size loans of little to medium complexity. Being a Loan Workout Officer I typically requires a bachelor's degree. Typically reports to a manager or head of a unit/department. The Loan Workout Officer I works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Loan Workout Officer I typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)... View full job description
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A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
For Loan Workout Officer I, the first career path typically starts with a Commercial Loan Workout Officer II position, and then progresses to Commercial Loan Workout Officer IV.
Additionally, the second career path typically starts with a Loan Workout Officer II position, and then progresses to Banking & Commercial Loan Workout Manager.
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Loan Workout Officer I salary varies from city to city. Compared with national average salary of Loan Workout Officer I, the highest Loan Workout Officer I salary is in San Francisco, CA, where the Loan Workout Officer I salary is 25.0% above. The lowest Loan Workout Officer I salary is in Miami, FL, where the Loan Workout Officer I salary is 3.5% lower than national average salary.
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Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Commercial Loan Officer I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Commercial Loan Workout Officer I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Commercial Loan Workout Officer II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Commercial Loan Workout Officer III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Commercial Loan Workout Officer IV | Experience 7 + | EducationBachelors | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Loan Workout Officer I salary of your education level.
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Loan Workout Officer I salary varies from category to category. Click below to see Loan Workout Officer I salary in different categories.
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About Saco, Maine Saco /ˈsɑːkoʊ/ is a city in York County, Maine, United States. The population was 18,482 at the 2010 census. It is home to Ferry Beach State Park, Fun....More
Saco, Maine area prices were up 1.6% from a year ago View the Cost of Living in Saco, Maine
Loan Workout Officer I Salary in popular cities: Portland, Lewiston, Bangor
Skills associated with Loan Workout Officer I: Debt Restructuring, Loss Mitigation, Negotiation, Banking Software ...More
Salary estimation for Loan Workout Officer I at companies like : Westvale School - 2300 West, Valencia College Orlando, Financial Natural Resources Ltd