As of April 01, 2025, the average annual salary for a Loan Processor I in Dover, DE is $45,318. According to Salary.com, salaries can range from a low of $38,729 to a high of $52,752, with most professionals earning between $41,869 and $49,209.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $47,412 | $3,951 | $912 | $23 |
| Average | $43,663 | $3,639 | $840 | $21 |
| 25th Percentile | $40,340 | $3,362 | $776 | $19 |
An entry-level Loan Processor I with under 1 year experience makes about $45,060. With less than 2 years of experience, a mid-level Loan Processor I makes around $45,434. After 2-4 years, the Loan Processor I pay rises to about $46,305. Those senior Loan Processor I with 5-8 years of experience earn roughly $46,479, and those Loan Processor I having 8 years or more experience are expected to earn about $46,595 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Processor I | $45,060 |
| Intermediate Level Loan Processor I | $45,434 |
| Senior Level Loan Processor I | $46,305 |
| Specialist Level Loan Processor I | $46,479 |
| Expert Level Loan Processor I | $46,595 |
| Entry Level | 3% |
| Mid Level | 4% |
| Senior Level | 6% |
| Top Level | 6% |
| Experienced | 7% |
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