Loan Officers pay in Maine

In Maine, the median pay for loan officers is $39.38 an hour ($81,900 a year). About 1,060 people work in this job there.

$39.38Median hourly pay
$60,120–$108,400Middle half of workers, yearly
1,060People in this job in Maine

That is 7% higher than the U.S. median ($76,690). Maine ranks 14th of 51 states and territories for this job’s median pay.

Pay range for loan officers in Maine

Earns more thanHourlyYearly
10% of workers$22.46$46,710
25% of workers$28.91$60,120
Half of workers (median)$39.38$81,900
75% of workers$52.12$108,400
90% of workers$67.63$140,680

Loan Officers pay in Maine metro areas

Metro areaMedian yearly payPeople in this job
Lewiston-Auburn$96,990100
Portland-South Portland$84,620430
Bangor$75,860120

Maine unemployment rate: 3.2% (August 2026), U.S. Bureau of Labor Statistics.

Education, experience and outlook for loan officers

  • Typical education to start: Bachelor's degree (BLS)
  • Experience usually needed to start: Less than 5 years (BLS)
  • Training on the job: Moderate-term on-the-job training (BLS)
  • Job outlook: +1.1% over ten years, little or no change · about 17,100 openings a year (BLS)

Related jobs in Maine

JobMedian yearly pay
Accountants and Auditors$77,480
Financial Specialists, All Other$109,060
Financial and Investment Analysts$88,320
Insurance Underwriters$95,510

Other job titles for this job

Financial CounselorFinancial Aid CounselorHome Lending AdvisorAgricultural Loan OfficerBank OfficerBanking Services OfficerBranch Lending OfficerBusiness Banking OfficerCommercial BankerCommercial LenderCommercial Loan Collection OfficerCommercial Loan Officer

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Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates. Figures are for wage and salary workers and do not include the self-employed. The median is the middle wage: half earn more, half earn less. Other job titles: O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA), used under the CC BY 4.0 license; O*NET® is a trademark of USDOL/ETA. JAI Bot has modified this information; USDOL/ETA has not approved, endorsed, or tested these modifications.