As of January 01, 2025, the average annual salary for a Loan Workout Officer III in Maine is $137,822. According to Salary.com, salaries can range from a low of $104,976 to a high of $170,507, with most professionals earning between $120,629 and $154,931.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $159,230 | $13,269 | $3,062 | $77 |
| Average | $141,647 | $11,804 | $2,724 | $68 |
| 25th Percentile | $123,976 | $10,331 | $2,384 | $60 |
An entry-level Loan Workout Officer III with under 1 year experience makes about $129,243. With less than 2 years of experience, a mid-level Loan Workout Officer III makes around $130,518. After 2-4 years, the Loan Workout Officer III pay rises to about $133,066. Those senior Loan Workout Officer III with 5-8 years of experience earn roughly $136,889, and those Loan Workout Officer III having 8 years or more experience are expected to earn about $143,230 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Workout Officer III | $129,243 |
| Intermediate Level Loan Workout Officer III | $130,518 |
| Senior Level Loan Workout Officer III | $133,066 |
| Specialist Level Loan Workout Officer III | $136,889 |
| Expert Level Loan Workout Officer III | $143,230 |
| Entry Level | 9% |
| Mid Level | 8% |
| Senior Level | 6% |
| Top Level | 3% |
| Experienced | 1% |
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Loan Workout Officer III salary varies from city to city. Compared with national average salary of Loan Workout Officer III, the highest Loan Workout Officer III salary is in San Francisco, CA, where the Loan Workout Officer III salary is 25.0% above. The lowest Loan Workout Officer III salary is in Miami, FL, where the Loan Workout Officer III salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $177,059 |
25.0%
|
| Washington, DC | $157,653 |
11.3%
|
| Miami, FL | $136,689 |
|
| Chicago, IL | $148,588 |
4.9%
|
| Boston, MA | $158,786 |
12.1%
|
| New York, NY | $165,444 |
16.8%
|
