Loan Officer Salary in Portland, Maine
The median loan officer salary in Portland, ME is $70,999 per year, which is 8.0% above the national median and 10.2% above the Maine state average.
Loan Officer Pay in Portland: What to Expect (2026)
Portland offers a median loan officer salary of $70,999, which is $6,574 above the Maine state average of $64,425. Compared to the national median of $65,740, Portland pays above average for this role.
Portland's cost of living is 108% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.
The salary range for loan officers in Portland spans from $38,016 at the 10th percentile to $166,104 at the 90th percentile — a $128,088 spread. Entry-level professionals start around $41,040, while senior loan officers with 8+ years of experience can earn up to $140,400. Portland is a smaller market (pop. 68,408), which may mean fewer openings but also less competition for available positions.
Loan Officer Salary in Portland by Experience
In Portland, an entry-level loan officer earns around $41,040, while experienced professionals earn up to $140,400 per year. The local cost of living index is 108% of the national average.
Salary Percentiles in Portland, ME
| Percentile | Portland |
|---|---|
| 10th Percentile | $38,016 |
| 25th Percentile | $49,032 |
| Median (50th) | $70,999 |
| 75th Percentile | $108,000 |
| 90th Percentile | $166,104 |
Loan Officer Salary in Other Maine Cities
How to Become a Loan Officer in Portland
Education
Most loan officer positions require a bachelor's degree. Portland and the surrounding Maine area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Demand in Portland may vary based on local industry and population growth.
Find Loan Officer Jobs in Portland
Browse open loan officer positions in Portland, ME: