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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 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)
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.
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.
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.
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