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Loan Officers Salary in Maine

Last updated: 2025 BLS data · Page refreshed:

How much do Loan Officers make in Maine?

Last updated: 2025 data from the Bureau of Labor Statistics

$81,900
Median Annual Salary
▲ +4.9% vs 2024
$88,830
Mean Salary
$81,900
Median Salary
$39.38
Hourly Rate
1,060 people work as Loan Officers in Maine

Loan Officers salary by percentile in Maine

BLS-reported salary distribution — from entry-level (10th percentile) to top earners (90th percentile).

Loan Officers salary in Maine — 2025 BLS percentilesHorizontal bars showing 10th, 25th, 50th, 75th and 90th percentile annual salaries for Loan Officers in Maine.10thBottom 10% earn less than $46,710$46,71025th25% earn less than $60,120$60,120MedianHalf earn more than $81,900$81,90075th75% earn less than $108,400$108,40090thTop 10% earn more than $140,680$140,680

Loan Officers in Maine earn a median salary of $81,900 per year ($6,825/month). This is 7.3% above the national average of $76,354. Maine ranks #14 out of 51 states for Loan Officers pay. Approximately 1,060 people work in this occupation across Maine. Salaries increased by 4.9% compared to 2024.

About This Job: Loan Officers

Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and payment methods. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, loan underwriters, and payday loan officers.

Top Skills

Active Listening
4.0
Speaking
4.0
Reading Comprehension
3.88
Judgment and Decision Making
3.88
Critical Thinking
3.75

Key Knowledge Areas

Customer and Personal Service
4.7
Economics and Accounting
3.86
English Language
3.77
Mathematics
3.69
Sales and Marketing
3.47
Typical Education: Bachelor's Degree (68.7% of workers)

Source: O*NET OnLine, U.S. Department of Labor

Salary Range: Loan Officers in Maine

Salaries for Loan Officers in Maine range from $46,710 at the 10th percentile (entry level) to $140,680 at the 90th percentile (experienced). The middle 50% earn between $60,120 and $108,400.

Median $81,900
P10: $46,710 P25: $60,120 P75: $108,400 P90: $140,680
10th
$46,710
25th
$60,120
Median
$81,900
75th
$108,400
90th
$140,680
Percentile Annual Salary Hourly Rate Monthly
10th Percentile (Entry Level) $46,710 $22.46 $3,892
25th Percentile $60,120 $28.90 $5,010
Median (50th) $81,900 $39.38 $6,825
75th Percentile $108,400 $52.12 $9,033
90th Percentile (Experienced) $140,680 $67.63 $11,723

Note: The mean (average) salary of $88,830 differs from the median because salary distributions are typically skewed by high earners.

📊 How Does This Compare?

#14
Maine ranks #14 of 51 states
$76,354
National avg. for Loan Officers
+7.3%
vs. national average
Above Average

What does this salary really buy? See Loan Officers salary in Maine adjusted for cost of living →

How much do you actually take home? See Loan Officers take-home pay in Maine after taxes →

Explore Loan Officers Data in Maine

Loan Officers Salary by State

Compare Loan Officers pay across states — sorted by highest median salary.

View all 50 states →

Frequently Asked Questions

How much do Loan Officers make in Maine?
The median annual salary for Loan Officers in Maine is $81,900 as of 2025. The average (mean) salary is $88,830.
What is the salary range for a Loan Officers in Maine?
Salaries for Loan Officers in Maine range from $46,710 at the 10th percentile to $140,680 at the 90th percentile. The middle 50% earn between $60,120 and $108,400.
What is the starting salary for a Loan Officers in Maine?
Entry-level Loan Officers positions in Maine typically start around $46,710 (10th percentile). With some experience, salaries rise to $60,120 (25th percentile).
How many people work as Loan Officers in Maine?
According to 2025 BLS data, approximately 1,060 people are employed as Loan Officers in Maine.
What is the hourly rate for a Loan Officers in Maine?
Based on a standard 2,080-hour work year, the median hourly rate for a Loan Officers in Maine is approximately $39.38 per hour.

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Data Source & Methodology

Salary data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey, 2025 estimates. The OEWS survey covers approximately 1.1 million establishments nationwide.

Annual salaries are calculated based on a standard 2,080-hour work year. Actual compensation may vary based on experience, education, employer, and local market conditions. Figures do not include benefits, bonuses, or overtime pay.

Our Methodology · Data Sources · Source: BLS OEWS

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