Loan Officer Salary in Dover, Delaware
The median loan officer salary in Dover, DE is $66,397 per year, which is 1.0% above the national median and 4.7% below the Delaware state average.
Loan Officer Pay in Dover: What to Expect (2026)
Dover offers a median loan officer salary of $66,397, which is $3,287 below the Delaware state average of $69,684. Compared to the national median of $65,740, Dover pays above average for this role.
Dover's cost of living is 96% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.
The salary range for loan officers in Dover spans from $35,552 at the 10th percentile to $155,338 at the 90th percentile — a $119,786 spread. Entry-level professionals start around $38,380, while senior loan officers with 8+ years of experience can earn up to $131,300. Dover is a smaller market (pop. 39,403), which may mean fewer openings but also less competition for available positions.
Loan Officer Salary in Dover by Experience
In Dover, an entry-level loan officer earns around $38,380, while experienced professionals earn up to $131,300 per year. The local cost of living index is 96% of the national average.
Salary Percentiles in Dover, DE
| Percentile | Dover |
|---|---|
| 10th Percentile | $35,552 |
| 25th Percentile | $45,854 |
| Median (50th) | $66,397 |
| 75th Percentile | $101,000 |
| 90th Percentile | $155,338 |
Loan Officer Salary in Other Delaware Cities
How to Become a Loan Officer in Dover
Education
Most loan officer positions require a bachelor's degree. Dover and the surrounding Delaware area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Demand in Dover may vary based on local industry and population growth.
Find Loan Officer Jobs in Dover
Browse open loan officer positions in Dover, DE: