Loan Officer salary in Bangor, ME
Loan Officers in the Bangor, ME metro area earn a median of $75,860 a year ($36.47 an hour), based on BLS data for 120 workers.
Pay ranges from $44,480 for the lowest-paid 10% to $129,590 for the top 10%. That is 1% lower than the national median of $76,690. Pay here is 7% lower than the Maine statewide median of $81,900. There are 1.7 loan officers per 1,000 jobs here — close to the national average. The average (mean) salary is $81,640, above the median because a few high earners pull it up.
Pay range for loan officers in Bangor, ME
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $44,480 | $21.39 |
| 25th percentile | $56,650 | $27.24 |
| Median | $75,860 | $36.47 |
| 75th percentile | $96,240 | $46.27 |
| 90th percentile (top earners) | $129,590 | $62.30 |
| Average (mean) | $81,640 | $39.25 |
Half of loan officers earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $6,321.67 |
| Semi-monthly (24 a year) | $3,160.83 |
| Biweekly (26 a year) | $2,917.69 |
| Weekly | $1,458.85 |
| Hourly | $36.47 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $75,860 salary, see how much house you can afford in Maine at today's mortgage rates, or work out a payment with the mortgage calculator.
Loan Officer salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Lewiston-Auburn, ME | $96,990 | 100 |
| Portland-South Portland, ME | $84,620 | 430 |
Highest-paying states for loan officers
| State | Median salary |
|---|---|
| Massachusetts | $101,600 |
| Connecticut | $95,730 |
| New York | $95,710 |
| Minnesota | $95,170 |
| Colorado | $94,520 |
| Oregon | $94,440 |
| New Jersey | $92,920 |
| District of Columbia | $92,890 |
| Vermont | $88,710 |
| Kansas | $86,970 |
See Loan Officer pay in every state or the Maine statewide figures.
Related jobs in Bangor, ME
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $75,640 | $36.37 |
| Personal Financial Advisor | $97,900 | $47.07 |
| Financial and Investment Analysts | $79,320 | $38.14 |
| Financial Specialists, All Other | $71,330 | $34.29 |
| Business Operations Specialists, All Other | $65,920 | $31.69 |
| Human Resources Specialist | $63,900 | $30.72 |
| Market Research Analysts and Marketing Specialists | $63,600 | $30.58 |
| Compliance Officer | $77,660 | $37.34 |
| Project Management Specialist | $85,410 | $41.06 |
| Training and Development Specialists | $60,780 | $29.22 |
| Management Analyst | $84,120 | $40.44 |
| Buyers and Purchasing Agents | $69,520 | $33.42 |
| Fundraiser | $60,400 | $29.04 |
| Cost Estimator | $72,850 | $35.02 |
More: Business and Financial Operations Occupations · all salaries in Bangor, ME
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2072. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a loan officer make in Bangor, ME?
The median salary for loan officers in the Bangor, ME metro area is $75,860 a year, or $36.47 an hour. Pay ranges from $44,480 for the lowest-paid 10% to $129,590 for the top 10%.
How much do the highest-paid loan officers make in Bangor, ME?
The top 10% of loan officers in the Bangor, ME metro area earn at least $129,590 a year. The top 25% earn $96,240 or more.
What is the starting pay for loan officers in Bangor, ME?
Entry-level pay (the 10th percentile) is about $44,480 a year, and a quarter of loan officers earn $56,650 or less.
How many loan officers work in Bangor, ME?
About 120 loan officers are employed in the Bangor, ME metro area, not counting the self-employed.