Loan Officer salary in Dover, DE
Loan Officers in the Dover, DE metro area earn a median of $58,540 a year ($28.14 an hour), based on BLS data for 160 workers.
Pay ranges from $42,120 for the lowest-paid 10% to $117,930 for the top 10%. That is 24% lower than the national median of $76,690. Pay here is 30% lower than the Delaware statewide median of $83,130. There are 2.3 loan officers per 1,000 jobs here — the job is 1.3× more common than nationally. The average (mean) salary is $72,200, above the median because a few high earners pull it up.
Pay range for loan officers in Dover, DE
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $42,120 | $20.25 |
| 25th percentile | $42,120 | $20.25 |
| Median | $58,540 | $28.14 |
| 75th percentile | $84,180 | $40.47 |
| 90th percentile (top earners) | $117,930 | $56.70 |
| Average (mean) | $72,200 | $34.71 |
Half of loan officers earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $4,878.33 |
| Semi-monthly (24 a year) | $2,439.17 |
| Biweekly (26 a year) | $2,251.54 |
| Weekly | $1,125.77 |
| Hourly | $28.14 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Loan Officer salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | $77,590 | 4,660 |
Highest-paying states for loan officers
| State | Median salary |
|---|---|
| Massachusetts | $101,600 |
| Connecticut | $95,730 |
| New York | $95,710 |
| Minnesota | $95,170 |
| Colorado | $94,520 |
| Oregon | $94,440 |
| New Jersey | $92,920 |
| District of Columbia | $92,890 |
| Vermont | $88,710 |
| Kansas | $86,970 |
See Loan Officer pay in every state or the Delaware statewide figures.
Related jobs in Dover, DE
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $72,730 | $34.97 |
| Budget Analyst | $79,790 | $38.36 |
| Personal Financial Advisor | $102,670 | $49.36 |
| Financial Risk Specialist | $122,930 | $59.10 |
| Financial Specialists, All Other | $81,470 | $39.17 |
| Tax Preparer | $47,720 | $22.94 |
| Financial and Investment Analysts | $91,130 | $43.81 |
| Management Analyst | $77,180 | $37.11 |
| Human Resources Specialist | $66,920 | $32.18 |
| Compliance Officer | $62,450 | $30.02 |
| Training and Development Specialists | $74,330 | $35.74 |
| Business Operations Specialists, All Other | $86,900 | $41.78 |
| Market Research Analysts and Marketing Specialists | $65,520 | $31.50 |
| Buyers and Purchasing Agents | $72,650 | $34.93 |
More: Business and Financial Operations Occupations · all salaries in Dover, DE
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2072. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a loan officer make in Dover, DE?
The median salary for loan officers in the Dover, DE metro area is $58,540 a year, or $28.14 an hour. Pay ranges from $42,120 for the lowest-paid 10% to $117,930 for the top 10%.
How much do the highest-paid loan officers make in Dover, DE?
The top 10% of loan officers in the Dover, DE metro area earn at least $117,930 a year. The top 25% earn $84,180 or more.
What is the starting pay for loan officers in Dover, DE?
Entry-level pay (the 10th percentile) is about $42,120 a year, and a quarter of loan officers earn $42,120 or less.
How many loan officers work in Dover, DE?
About 160 loan officers are employed in the Dover, DE metro area, not counting the self-employed.