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Verified by ME Board of Business

Mortgage Loan Originator Licensing in Maine

Review current requirements, exam details, renewal cycle, and salary outlook for mortgage loan originator in Maine, including See agency and board contact links.

Last verified: Feb 17, 2026

Current

Application Fee

See agency

Exam Requirement

State exam required

Renewal Cycle

See board renewal rules

Licensing Blueprint for Mortgage Loan Originator in Maine

Estimated timeline: 2-5 years

Core Requirements

  1. 1

    Education: Specific course required.

  2. 2

    Background/Criminal Review: No criminal record prohibitions.

  3. 3

    Certification: Certification required.

  4. 4

    License Type: Stand-alone license.

Exam and processing details

  • State exam required

Continuing education and program notes

  • No continuing education requirement to maintain license

Application Snapshot

  1. Licensing Authority

    Maine Department of Professional & Financial Regulation • Office of Professional and Occupational Regulation

  2. Current Filing Fee

    See agency

  3. Renewal Cycle

    See board renewal rules

  4. Salary Position

    $78,040 median (5% above national)

  5. State Salary Rank

    #16 of 50 states

Step-by-Step Process (6)

  1. 1. Meet Maine eligibility requirements for Mortgage Loan Originator licensure.
  2. 2. Complete required education or training: Specific course required.
  3. 3. Pass required examination steps: State exam required.
  4. 4. Prepare supporting documentation (background check: No criminal record prohibitions; Background/Criminal Review: No criminal record prohibitions.).
  5. 5. Submit the application to Maine Department of Professional & Financial Regulation~Office of Professional and Occupational Regulation and monitor board communications.
  6. 6. Maintain post-licensure compliance (continuing education: No continuing education requirement to maintain license).

Salary Insights in Maine

With a median salary of $78,040, Mortgage Loan Originators in Maine earn 5% above the national median of $74,180. Maine ranks #16 among 50 states. The typical licensing timeline is 2-5 years.

State Hiring Climate (QCEW)

Rising

QoQ Employment Change

+3.4%

Average Weekly Wage

$1,220

Median annual salary

$78,040

Hourly estimate

$37.52
5% above national median

Difference: +$3,860

Percentile Distribution

Annual compensation
  • P1010th percentile$46,560
  • P2525th percentile$59,160
  • P50Median$78,040
  • P7575th percentile$101,710
  • P9090th percentile$124,430

State vs National Median

State: $78,040
National: $74,180

Total employment: 1,170 | Annual openings: N/A

Mortgage Loan Originator Salary Ranking

#16 of 50 statesfor Mortgage Loan Originator median salary
RankStateMedian Salary
#1New York$98,940
#2New Jersey$95,090
#3Massachusetts$93,430
#4Vermont$86,490
#5Minnesota$84,480

Nearby States Comparison

Mortgage Loan Originator licensing across the region
StateMedian SalaryEducationExamTimeline
Maine$78,040Specific course requiredState exam required2-5 years
New Hampshire$78,670Specific course requiredState exam required1 month

License by Endorsement

Transfer requirements are state-specific. Use this quick matrix as a planning signal, then verify final endorsement rules with each board.

StateReciprocity ScoreTierNotes
Maine62MediumState-specific exam conditions may apply. Background check or criminal history review is indicated.
New Hampshire58MediumState-specific exam conditions may apply. Background check or criminal history review is indicated.
  • License status indicator: Active.
  • Continuing education indicator: No continuing education requirement to maintain license.
  • Reciprocity and transfer rules vary by state board. Verify directly with the agency.

Official Licensing Agency

Official website verified

Maine Department of Professional & Financial Regulation • Office of Professional and Occupational Regulation

Gardiner Annex/ 76 Northern Ave, 35 State House Station, Augusta, ME, 04333-0035

Phone: 2076248603

Related Careers in Maine

ProfessionMedian SalaryEducationTimeline
Architect$79,600No educational requirementsVaries by board
Audio and Video Technicians$43,860No educational requirementsVaries by board
Certified Public Accountant$77,680Specific course requiredVaries by board
Civil Engineer$94,880Specific course requiredVaries by board

FAQ

How long does it take to become a Mortgage Loan Originator in Maine?

Most applicants finish the licensing path in about 2-5 years, but timing can change based on education track, exam scheduling, and board processing.

What exams are required for Mortgage Loan Originators in Maine?

Maine lists State exam required as part of the licensure process for Mortgage Loan Originators.

What education do you need to become a Mortgage Loan Originator in Maine?

The board typically expects Specific course required for Mortgage Loan Originator licensure in Maine.

What is the typical Mortgage Loan Originator salary in Maine?

The median annual salary for Mortgage Loan Originators in Maine is $78,040. Salaries range from $46,560 (10th percentile) to $124,430 (90th percentile).

How does the Mortgage Loan Originator salary in Maine compare to the national average?

Mortgage Loan Originators in Maine earn 5% above the national median of $74,180, with a state median of $78,040.

How many Mortgage Loan Originators work in Maine?

Maine employs approximately 1,170 Mortgage Loan Originators according to BLS data.

Can I transfer my Mortgage Loan Originator license to Maine from another state?

Transfer requirements vary by board. License status indicator: Active. Continuing education indicator: No continuing education requirement to maintain license. Reciprocity and transfer rules vary by state board. Verify directly with the agency.

Who is the licensing agency for Mortgage Loan Originators in Maine?

The licensing agency is Maine Department of Professional & Financial Regulation / Office of Professional and Occupational Regulation. Review agency details at https://www.maine.gov/pfr/professionallicensing/index.shtml.

How often do you renew a Mortgage Loan Originator license in Maine?

Current guidance indicates a renewal cycle of See board renewal rules.