How much does a Loan Examiner II make in Acton, ME? The average Loan Examiner II salary in Acton, ME is $76,953 as of February 26, 2024, but the range typically falls between $66,157 and $88,748. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Loan Examiner II Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Loan Examiner II Salary $56,328 Acton,ME February 26, 2024
25th Percentile Loan Examiner II Salary $66,157 Acton,ME February 26, 2024
50th Percentile Loan Examiner II Salary $76,953 Acton,ME February 26, 2024
75th Percentile Loan Examiner II Salary $88,748 Acton,ME February 26, 2024
90th Percentile Loan Examiner II Salary $99,486 Acton,ME February 26, 2024
25% $66,157 10% $56,328 90% $99,486 75% $88,748 $76,953 50%(Median) Didn’t find job title? Click
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What skills does a Loan Examiner II need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Business Administration: It is the management of all aspects of a business's performance, decisions, and organization. It includes the day to day operations, aspects including finances and human resources, and ensures the company stays aligned to the goal or mission.

3.

Credit Analysis: Credit analysis is the method by which one calculates the creditworthiness of a business or organization. In other words, It is the evaluation of the ability of a company to honor its financial obligations. The audited financial statements of a large company might be analyzed when it issues or has issued bonds. Or, a bank may analyze the financial statements of a small business before making or renewing a commercial loan. The term refers to either case, whether the business is large or small. The objective of credit analysis is to look at both the borrower and the lending facility being proposed and to assign a risk rating. The risk rating is derived by estimating the probability of default by the borrower at a given confidence level over the life of the facility, and by estimating the amount of loss that the lender would suffer in the event of default. Credit analysis involves a wide variety of financial analysis techniques, including ratio and trend analysis as well as the creation of projections and a detailed analysis of cash flows. Credit analysis also includes an examination of collateral and other sources of repayment as well as credit history and management ability. Analysts attempt to predict the probability that a borrower will default on its debts, and also the severity of losses in the event of default. Credit spreads—the difference in interest rates between theoretically "risk-free" investments such as U.S. treasuries or LIBOR and investments that carry some risk of default—reflect credit analysis by financial market participants.

Analysis 16.67%
Business Administration 16.67%
Credit Analysis 16.67%
Others 49.99%

Job Description for Loan Examiner II

Loan Examiner II reviews or audits a loan portfolio of moderate complexity loans to ensure compliance with established laws and regulations. Analyzes loans to identify deficiencies, unsupported charges, and risk levels. Being a Loan Examiner II establishes authenticity and correctness of all records including transactions and other forms of documentation. May require a bachelor's degree. Additionally, Loan Examiner II typically reports to a supervisor or manager. The Loan Examiner II gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Loan Examiner II typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Loan Examiner II in Acton, ME

Career Path for Loan Examiner II

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Loan Examiner II, the upper level is Loan Examiner III and then progresses to Loan Examiner Manager.

Those that have already made the climb...
John D. Rainey, Former Chief Financial Officer and EVP, Global Customer Operations
PayPal Holdings, Inc. operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. The company provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, PayPal Zettle, Hyperwallet, PayPal Honey, and Paidy names. Its payments platform allows consu... More
Fiscal Year Ended in 2022
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Loan Examiner II salary varies from city to city. Compared with national average salary of Loan Examiner II, the highest Loan Examiner II salary is in San Francisco, CA, where the Loan Examiner II salary is 25.0% above. The lowest Loan Examiner II salary is in Miami, FL, where the Loan Examiner II salary is 2.9% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

Take just three simple steps below to generate your own personalized salary report

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Understand the total compensation opportunity for a Loan Examiner II, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
66157
88748
76953

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
67433
92023
78244
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Examiner II in Acton, ME. The base salary for Loan Examiner II ranges from $66,157 to $88,748 with the average base salary of $76,953. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $67,433 to $92,023 with the average total cash compensation of $78,244.
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66157
88748

 

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About Acton, Maine    Acton is a town in York County, Maine, United States. The population was 2,447 at the 2010 census. It includes the villages of Acton, Miller Corner an....More

Acton, Maine  area prices were up 1.6% from a year ago    View the Cost of Living in Acton, Maine

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