How Much Does a Loan Associate Make in Maine?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Loan Associate in Maine is $42,155. While Salary.com is seeing that Loan Associate salary in ME can go up to $50,936 or down to $32,573, but most earn between $37,140 and $46,751. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Loan Associate
Loan Servicing Associate
$43,887
Maine
Per Year
Account Associate - Loan
$55,796
Maine
Per Year
Loan Support Associate
$46,967
Maine
Per Year
Associate Loan Officer
$72,476
Maine
Per Year
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Similar Job Salaries to Loan Associate by Company

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Company average base salary in (usd) range
$55,443/yr
$49,862
$61,024
RANGE: $49,862 - $61,024
Acadia Federal Credit Union
Loan Specialist
$59,212/yr
$53,225
$65,199
RANGE: $53,225 - $65,199
US Mortgage Corporation
Mortgage Loan Originator (Loan Officer)
$73,849/yr
$66,363
$81,335
RANGE: $66,363 - $81,335
Northpoint Mortgage
Mortgage Loan Officer
$100,064/yr
$88,110
$112,018
RANGE: $88,110 - $112,018
Town & Country Federal Credit Union
Indirect Loan Representative
$51,670/yr
$47,526
$55,814
RANGE: $47,526 - $55,814
University Credit Union
Mortgage Loan Originator
$73,466/yr
$66,018
$80,913
RANGE: $66,018 - $80,913
Acadia Federal Credit Union
Loan Operations Specialist
$59,212/yr
$53,225
$65,199
RANGE: $53,225 - $65,199
Capital Area Staffing Solutions
Multi-Family Loan Officer
$59,992/yr
$53,947
$66,037
RANGE: $53,947 - $66,037
Maine State Housing Authority
Multifamily Loan Officer I
$69,452/yr
$61,570
$77,334
RANGE: $61,570 - $77,334
University Credit Union - Maine
Mortgage Loan Originator
$73,466/yr
$66,018
$80,913
RANGE: $66,018 - $80,913

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Top 10 Highest Paying Cities For Loan Associate Jobs in Maine

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Loan Associate can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Loan Associate job salaries in Maine. Some cities can pay higher salaries for Loan Associate jobs, which can indicate that there is a large demand for Loan Associate positions in this city.
The following table shows top 10 cities where the Loan Associate salary is higher than other cities in Maine. Portland takes first place in this list, followed by South Portland, Westbrook. The Loan Associate salary is $42,848 in Portland, which is lower than the national average. There is 0 city's Loan Associate salary higher than national average in Maine.
The average salary for a Loan Associate in Maine is $42,155, but we found that the city with the highest salary for Loan Associate jobs is Portland, ME, and it is higher than South Portland. Loan Associate jobs in Portland can have the opportunity to earn higher salaries than in other cities in Maine.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Portland $42,848 $3,571 $824 $21
South Portland $42,848 $3,571 $824 $21
Westbrook $42,848 $3,571 $824 $21
Windham $42,805 $3,567 $823 $21
Saco $42,761 $3,563 $822 $21
Biddeford $42,631 $3,553 $820 $20
Lewiston $42,415 $3,535 $816 $20
Auburn $42,415 $3,535 $816 $20
Augusta $41,722 $3,477 $802 $20
Bangor $41,505 $3,459 $798 $20

What Does a Loan Associate Do?

If you are thinking of becoming a Loan Associate or planning the next step in your career, find details about.
Updated November 13, 2021
PORTLAND — Gwendolyn Hulit has joined Bangor Savings Bank as mortgage loan officer associate based in Portland.
Updated October 13, 2021
This is an entry level position designed to assist branch Loan Officers (LOs) while preparing the Loan Officer Associate (LOA) to grow into a Loan Officer position.
Updated October 10, 2021

Frequently Asked Questions About a Loan Associate Salaries

What is the average of a Loan Associate in Maine?

The Loan Associate salary range is from $37,140 to $46,751, and the average Loan Associate salary is $42,155/year in Maine. The Loan Associate's salary will change in different locations.

Which location pays the highest Loan Associate salary in the United States?

The Loan Associate salary in San Jose, CA is $54,372 which is the highest in the US.

What kinds of reasons will influence the Loan Associate's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Loan Associate.

What is the growth rate of the Loan Associate's salary?

If you are thinking of becoming a Loan Associate or planning the next step in your career, find the detailed salary report of a Loan Associate.