Loan Doc Specialist Salaries in Maine
How Much Does a Loan Doc Specialist Make in Maine?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Loan Doc Specialist in Maine is $79,607.
While Salary.com is seeing that Loan Doc Specialist salary in ME can go up to $94,179
or down to $63,604, but most earn between $71,230 and $87,235.
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 Doc Specialist
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Similar Job Salaries to Loan Doc Specialist by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Pinnacle Bank/Bank of Colorado
LOAN DOC SPECIALIST
|
$65,381/yr
|
RANGE: $58,845 - $71,918
|
|
Pinnacle Bank
LOAN DOC SPECIALIST
|
$65,381/yr
|
RANGE: $58,845 - $71,918
|
|
Acadia Federal Credit Union
Loan Specialist
|
$59,206/yr
|
RANGE: $53,219 - $65,192
|
|
OneMain Financial
Loan Sales Specialist
|
$49,161/yr
|
RANGE: $44,061 - $54,261
|
|
OneMain Financial
Loan Acquisition Specialist
|
$67,721/yr
|
RANGE: $60,611 - $74,830
|
|
Kennebunk Savings
342 - Loan Servicing Specialist - Loan Processor
|
$56,647/yr
|
RANGE: $50,815 - $62,479
|
|
Saco & Biddeford Savings Institution
Retail Loan Servicing/Collection Specialist
|
$46,704/yr
|
RANGE: $42,327 - $51,080
|
|
Citi
Loan Doc Analyst
|
$61,346/yr
|
RANGE: $55,197 - $67,496
|
|
Lincoln Maine Federal Credit Union
Loan Officer
|
$72,691/yr
|
RANGE: $65,322 - $80,060
|
Top 10 Highest Paying Cities For Loan Doc Specialist 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 Doc Specialist 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 Doc Specialist job salaries in Maine.
Some cities can pay higher salaries for Loan Doc Specialist jobs, which can indicate that there is a large demand for Loan Doc Specialist positions in this city.
The following table shows top 10 cities where the Loan Doc Specialist salary is higher than other cities in Maine.
Portland takes first place in this list, followed by South Portland, Westbrook.
The Loan Doc Specialist salary is $82,187 in Portland,
which is higher than the national average. There are 6 cities' Loan Doc Specialist salary higher than national average in Maine.
The average salary for a Loan Doc Specialist in Maine is $79,607,
but we found that the city with the highest salary for Loan Doc Specialist jobs is Portland, ME, and it is higher than South Portland.
Loan Doc Specialist 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 | $82,187 | $6,849 | $1,581 | $40 |
| South Portland | $82,187 | $6,849 | $1,581 | $40 |
| Westbrook | $82,187 | $6,849 | $1,581 | $40 |
| Windham | $82,130 | $6,844 | $1,579 | $39 |
| Saco | $82,024 | $6,835 | $1,577 | $39 |
| Biddeford | $81,804 | $6,817 | $1,573 | $39 |
| Lewiston | $81,371 | $6,781 | $1,565 | $39 |
| Auburn | $81,371 | $6,781 | $1,565 | $39 |
| Augusta | $79,379 | $6,615 | $1,527 | $38 |
| Bangor | $78,211 | $6,518 | $1,504 | $38 |
What Does a Loan Doc Specialist Do?
When you’re a Loan Documentation Specialist, you process the loans with the bank’s policies, investor guidelines, and lending strategies in mind.
Updated September 28, 2021
Many loan documentation specialists work on more than one loan at a time, so managing varied projects and deadlines is essential to succeed in this position.
Updated December 09, 2021
Employed by a bank or other financial institution, a Loan Documentation Specialist is the person who prepares and approves client applications for loans, leases, or credit.
Updated November 16, 2021
The qualifications needed to become a loan documentation specialist include a bachelor’s degree in accounting, business, or a related field.
Updated November 11, 2021
As a loan documentation specialist, your job is to collect and prepare documents for closing a loan, coordinate the process, review papers to check for errors after closing, and when necessary, take action to correct those errors.
Updated October 20, 2021
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Explore JobArchitectFrequently Asked Questions About a Loan Doc Specialist Salaries
What is the average of a Loan Doc Specialist in Maine?
The Loan Doc Specialist salary range is from $71,230 to $87,235, and the average Loan Doc Specialist salary is $79,607/year in Maine.
The Loan Doc Specialist's salary will change in different locations.
Which location pays the highest Loan Doc Specialist salary in the United States?
The Loan Doc Specialist salary in San Jose, CA is $102,983
which is the highest in the US.
What kinds of reasons will influence the Loan Doc Specialist'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 Doc Specialist.
What is the growth rate of the Loan Doc Specialist's salary?
If you are thinking of becoming a Loan Doc Specialist or planning the next step in your career, find the detailed salary report of a Loan Doc Specialist.
