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How much does a loan officer make in Portland?

$84,620a year

Median yearly pay for loan officers in the Portland-South Portland, ME metro area. That is $40.68 an hour or $7,052 a month.

Hourly
$40.68
Vs. national median
+10%
Rank among cities
46 of 383
Jobs in the area
430
Pay range
Lowest 10%: $44,000Median: $84,620Highest 10%: $145,100
PercentileYearlyHourly
10th$44,000$21.15
25th$61,890$29.75
Median$84,620$40.68
75th$110,000$52.86
90th$145,100$69.76

Other cities in Maine

Median yearly pay for loan officers.

Lewiston, ME$96,990
Bangor, ME$75,860
Loan Officer salary in Maine Loan Officer salary in all states

Related jobs in Portland

Same field, median yearly pay.

Financial Risk Specialist$126,400
Financial Specialist$109,100
Project Management Specialist$105,500
Financial Examiner$98,980
Personal Financial Advisor$97,960
Labor Relations Specialist$95,300
Financial and Investment Analyst$93,240
Compliance Officer$92,790
Insurance Underwriter$92,490
Budget Analyst$91,220
Salaries for every job in Portland, ME

Frequently asked questions

How much does a loan officer make an hour in Portland?

The median hourly pay in the Portland-South Portland, ME metro area is $40.68 ($84,620 a year).

Do loan officers make more in Portland than the national average?

Yes: $84,620 against $76,690 nationally, 10% more.

How does Portland compare with the rest of Maine?

The median in Maine is $81,900, so Portland pays 3% more.

Where does Portland rank for loan officer pay?

46 of 383 metro areas with data.

How much does a loan officer make starting out in Portland?

The lowest-paid 10% make $44,000 or less a year; the top 10% make $145,100 or more.

Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS): pay in May 2025, published by BLS in 2026. Hourly pay is the yearly figure divided by 2,080 hours.