Loan Officer Salary in Delaware
The median loan officer salary in Delaware is $69,684 per year, which is 6.0% above the national median of $65,740.
Loan Officer Salary in Delaware by Experience
In Delaware, an entry-level loan officer earns around $40,280, while experienced professionals earn up to $137,800 per year. The cost of living index in Delaware is 101% of the national average.
Salary Percentiles in Delaware
| Percentile | DE Salary |
|---|---|
| 10th Percentile | $37,312 |
| 25th Percentile | $48,124 |
| Median (50th) | $69,684 |
| 75th Percentile | $106,000 |
| 90th Percentile | $163,028 |
Major Cities for Loan Officers in Delaware
The largest employment areas for loan officers in Delaware include Wilmington, Dover, Newark, and Middletown. Salaries in major metro areas may be higher due to increased demand and cost of living.
How to Become a Loan Officer in Delaware
Education
Most loan officer positions require a bachelor's degree. Delaware has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in Delaware
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Delaware's demand may vary based on local industry trends.