Residential Mortgage Loan Officer Salaries in Maine
How Much Does a Residential Mortgage Loan Officer Make in Maine?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Residential Mortgage Loan Officer in Maine is $48,373.
While Salary.com is seeing that Residential Mortgage Loan Officer salary in ME can go up to $62,711
or down to $34,223, but most earn between $40,966 and $55,878.
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 Residential Mortgage Loan Officer
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Similar Job Salaries to Residential Mortgage Loan Officer by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
US Mortgage Corporation
Mortgage Loan Originator (Loan Officer)
|
$74,555/yr
|
RANGE: $66,997 - $82,112
|
|
Auburn Savings Bank
Mortgage Loan Officer
|
$76,426/yr
|
RANGE: $68,678 - $84,173
|
|
C&F Mortgage
Residential Mortgage Loan Officer
|
$70,299/yr
|
RANGE: $62,863 - $77,736
|
|
WesBanco Bank, Inc.
Mortgage Loan Officer - Residential Lending
|
$74,202/yr
|
RANGE: $66,680 - $81,724
|
|
University Credit Union
Mortgage Loan Originator
|
$73,458/yr
|
RANGE: $66,011 - $80,905
|
|
Bar Harbor Savings and Loan
Mortgage Loan Assistant
|
$72,691/yr
|
RANGE: $65,322 - $80,060
|
|
Acadia Lending Group, LLC
Mortgage Loan Processor
|
$59,091/yr
|
RANGE: $53,141 - $65,040
|
|
Lincoln Maine Federal Credit Union
Loan Officer
|
$72,691/yr
|
RANGE: $65,322 - $80,060
|
|
Atlantic Federal Credit Union
Mortgage Development Officer
|
$79,727/yr
|
RANGE: $71,212 - $88,242
|
|
Capital Area Staffing Solutions
Multi-Family Loan Officer
|
$60,565/yr
|
RANGE: $54,463 - $66,667
|
Top 10 Highest Paying Cities For Residential Mortgage Loan Officer Jobs in Maine
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Residential Mortgage Loan Officer can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Residential Mortgage Loan Officer job salaries in Maine.
Some cities can pay higher salaries for Residential Mortgage Loan Officer jobs, which can indicate that there is a large demand for Residential Mortgage Loan Officer positions in this city.
The following table shows top 10 cities where the Residential Mortgage Loan Officer salary is higher than other cities in Maine.
Portland takes first place in this list, followed by South Portland, Westbrook.
The Residential Mortgage Loan Officer salary is $49,940 in Portland,
which is higher than the national average. There are 6 cities' Residential Mortgage Loan Officer salary higher than national average in Maine.
The average salary for a Residential Mortgage Loan Officer in Maine is $48,373,
but we found that the city with the highest salary for Residential Mortgage Loan Officer jobs is Portland, ME, and it is higher than South Portland.
Residential Mortgage Loan Officer 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 | $49,940 | $4,162 | $960 | $24 |
| South Portland | $49,940 | $4,162 | $960 | $24 |
| Westbrook | $49,940 | $4,162 | $960 | $24 |
| Windham | $49,906 | $4,159 | $960 | $24 |
| Saco | $49,841 | $4,153 | $958 | $24 |
| Biddeford | $49,707 | $4,142 | $956 | $24 |
| Lewiston | $49,444 | $4,120 | $951 | $24 |
| Auburn | $49,444 | $4,120 | $951 | $24 |
| Augusta | $48,234 | $4,019 | $928 | $23 |
| Bangor | $47,524 | $3,960 | $914 | $23 |
What Does a Residential Mortgage Loan Officer Do?
If you are the kind of person who is always learning something new, you may want to become a mortgage loan originator.
Updated December 21, 2021
The result? Fast processing of residential mortgage applications, and a better overall experience for you! We offer conventional purchase and refinance home loans, as well as VA, FHA, USDA-RD and many state sponsored loan programs.
Updated December 20, 2021
This offer does not apply to new purchase loans submitted to Rocket Mortgage through a mortgage broker.
Updated December 19, 2021
When you apply for a mortgage, lenders are required to provide a loan estimate, listing all the costs and terms, which you can then use to compare offers side by side.
Updated December 17, 2021
If you're shopping for a mortgage you will eventually find yourself dealing with a loan officer or mortgage broker, and perhaps both.
Updated December 17, 2021
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Explore JobArchitectFrequently Asked Questions About a Residential Mortgage Loan Officer Salaries
What is the average of a Residential Mortgage Loan Officer in Maine?
The Residential Mortgage Loan Officer salary range is from $40,966 to $55,878, and the average Residential Mortgage Loan Officer salary is $48,373/year in Maine.
The Residential Mortgage Loan Officer's salary will change in different locations.
Which location pays the highest Residential Mortgage Loan Officer salary in the United States?
The Residential Mortgage Loan Officer salary in San Jose, CA is $62,577
which is the highest in the US.
What kinds of reasons will influence the Residential Mortgage Loan Officer'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 Residential Mortgage Loan Officer.
What is the growth rate of the Residential Mortgage Loan Officer's salary?
If you are thinking of becoming a Residential Mortgage Loan Officer or planning the next step in your career, find the detailed salary report of a Residential Mortgage Loan Officer.
