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Loan Officers Salary in Delaware

How much does a Loan Officers make in Delaware?

Last updated: 2024 data from the Bureau of Labor Statistics

$80,760
Median Annual Salary
$90,620
Mean Salary
$80,760
Median Salary
$38.83
Hourly Rate
1,480 people work as Loan Officers in Delaware

About This Job: Loan Officers

Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and payment methods. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, loan underwriters, and payday loan officers.

Top Skills

Active Listening
4.0
Speaking
4.0
Reading Comprehension
3.88
Judgment and Decision Making
3.88
Critical Thinking
3.75

Key Knowledge Areas

Customer and Personal Service
4.7
Economics and Accounting
3.86
English Language
3.77
Mathematics
3.69
Sales and Marketing
3.47
Typical Education: Bachelor's Degree (68.7% of workers)

Source: O*NET OnLine, U.S. Department of Labor

Salary Range: Loan Officers in Delaware

Salaries for Loan Officers in Delaware range from $44,510 at the 10th percentile (entry level) to $132,000 at the 90th percentile (experienced). The middle 50% earn between $68,770 and $103,220.

Median $80,760
P10: $44,510 P25: $68,770 P75: $103,220 P90: $132,000
10th
$44,510
25th
$68,770
Median
$80,760
75th
$103,220
90th
$132,000
Percentile Annual Salary Hourly Rate Monthly
10th Percentile (Entry Level) $44,510 $21.40 $3,709
25th Percentile $68,770 $33.06 $5,730
Median (50th) $80,760 $38.83 $6,730
75th Percentile $103,220 $49.62 $8,601
90th Percentile (Experienced) $132,000 $63.46 $11,000

Note: The mean (average) salary of $90,620 differs from the median because salary distributions are typically skewed by high earners.

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What does this salary really buy? See Loan Officers salary in Delaware adjusted for cost of living →

Loan Officers Salary by State

Compare Loan Officers pay across states — sorted by highest median salary.

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Frequently Asked Questions

How much does a Loan Officers make in Delaware?
The median annual salary for a Loan Officers in Delaware is $80,760 as of 2024. The average (mean) salary is $90,620.
What is the salary range for a Loan Officers in Delaware?
Salaries for Loan Officers in Delaware range from $44,510 at the 10th percentile to $132,000 at the 90th percentile. The middle 50%% earn between $68,770 and $103,220.
What is the starting salary for a Loan Officers in Delaware?
Entry-level Loan Officers positions in Delaware typically start around $44,510 (10th percentile). With some experience, salaries rise to $68,770 (25th percentile).
How many people work as Loan Officers in Delaware?
According to 2024 BLS data, approximately 1,480 people are employed as Loan Officers in Delaware.
What is the hourly rate for a Loan Officers in Delaware?
Based on a standard 2,080-hour work year, the median hourly rate for a Loan Officers in Delaware is approximately $38.83 per hour.

Data Source & Methodology

Salary data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey, 2024 estimates. The OEWS survey covers approximately 1.1 million establishments nationwide.

Annual salaries are calculated based on a standard 2,080-hour work year. Actual compensation may vary based on experience, education, employer, and local market conditions. Figures do not include benefits, bonuses, or overtime pay.

Our Methodology · Data Sources · Source: BLS OEWS