Loan Officer Salary in Maine
The median loan officer salary in Maine is $64,425 per year, which is 2% below the national median of $65,740.
Loan Officer Salary Overview in Maine (2026)
Maine ranks #21 out of 50 states for loan officer compensation. Maine falls in the middle of the pack for loan officer pay, offering salaries near the national average. At $64,425 per year, loan officers in Maine earn $1,315 less than the national median of $65,740.
Maine's cost of living is near the national average at 98%, meaning loan officer salaries here translate closely to their face value in purchasing power.
The salary spread in Maine is significant: loan officers at the 10th percentile earn $34,496, while those at the 90th percentile bring home $150,724 — a $116,228 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Maine for this role is Portland, where the median reaches $70,999.
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). This steady growth indicates stable demand for loan officers across the country.
Loan Officer Salary in Maine by Experience
In Maine, an entry-level loan officer earns around $37,240, while experienced professionals earn up to $127,400 per year. The cost of living index in Maine is 98% of the national average.
Build Wealth on Your Income
With a $64,425 income, financial advisors recommend investing 15–20% annually. Start building a diversified portfolio with as little as $10.
See Investment Options →Salary Percentiles in Maine
| Percentile | ME Salary |
|---|---|
| 10th Percentile | $34,496 |
| 25th Percentile | $44,492 |
| Median (50th) | $64,425 |
| 75th Percentile | $98,000 |
| 90th Percentile | $150,724 |
Loan Officer Salary by City in Maine
The largest employment areas for loan officers in Maine include Portland, Lewiston, Bangor, and South Portland. Salaries vary by city based on local cost of living and demand.
How to Become a Loan Officer in Maine
Education
Most loan officer positions require a bachelor's degree. Maine has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in Maine
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Maine's demand may vary based on local industry trends.
Negotiate Your Way to Senior Pay
Data shows Loan Officers who negotiate earn 7–15% more. A single negotiation could add $62,975 over your career trajectory.
Get Negotiation Scripts — $197 →Open to Loan Officer Roles in Maine?
Get matched with recruiters hiring loan officers in Maine at competitive salaries.
Or browse positions directly: