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Loan Officer Salary in Maine

Explore loan officer salaries in Maine including median pay, entry-level and senior compensation, and how it compares to the national average.

Median Salary in ME
$68,086
Monthly: $5,674
Biweekly: $2,619
Entry Level
$40,051
Monthly: $3,338
Biweekly: $1,540
Senior Level
$96,121
Monthly: $8,010
Biweekly: $3,697
Job Growth
16%
Projected 10-year growth

Salary Breakdown

Pay PeriodEntry LevelMedianSenior
Annual$40,051$68,086$96,121
Monthly$3,338$5,674$8,010
Biweekly$1,540$2,619$3,697
Weekly$770$1,309$1,848
Hourly$19$33$46

ME vs National Comparison

National Median
$77,370
ME Median
$68,086
Difference
-$9,284
Multiplier
0.88x
National
ME

About This Career

Evaluate loan applications and manage lending relationships with clients.

Education

Bachelor's degree in Finance or related field

Key Skills

Loan AnalysisRisk AssessmentCustomer ServiceDocumentation

Compare States

See how Maine compares to other states for loan officer salaries:

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Compare Jobs

Compare salaries for other business & finance jobs in Maine:

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Explore Related Data for a Loan Officer in Maine

Dig into every angle of a loan officer salary ($68,086 median) in Maine — take-home pay, affordability, taxes, mortgage, retirement, and city-level data.

Take-home pay on $68,086 in Maine

Federal, state, Social Security, and Medicare — what you keep after taxes.

What you can afford on $68,086 in Maine

Home price, rent, and monthly spending guidelines for this income.

Tax brackets on $68,086 in Maine

Exactly which federal and state brackets your salary crosses.

$250,000 mortgage in Maine

Monthly payment, property tax, and total interest at typical rates.

Retirement at 30 earning $75,000

Savings benchmarks and projections for your income level.

Loan Officer salary in Portland

Drill down to city-level salary data for Portland, Maine.

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Frequently Asked Questions

What is the median loan officer salary in Maine?

The median loan officer salary in Maine is $68,086, compared to a national median of $77,370.

What is the entry-level loan officer salary in Maine?

Entry-level loan officer positions in Maine typically pay around $40,051 annually.

What is the senior loan officer salary in Maine?

Senior loan officer professionals in Maine earn around $96,121 annually.

What is the job growth outlook for loan officer?

The projected 10-year job growth outlook for loan officer positions is 16%, which indicates strong demand in this field.

What education is needed to become a loan officer?

Bachelor's degree in Finance or related field

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