What are the main factors that influence a Loan Processor's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

How does experience change a Loan Processor's salary?

A Loan Processor's salary grows with experience: starting around $46,888 for beginners, reaching about $49,310 at mid-level, and approach $50,603 for experts.

What are the highest paying states for a Loan Processor?

Loan Processor salary varies significantly by state. The top 3 highest paying states for Loan Processor roles are District of Columbia $52,968, California $52,767, Massachusetts $52,064. These tech hubs typically pay 10-15% above the national average.

How much do different types of Loan Processor roles make?

Salaries for Loan Processor level roles vary by specialization: Business Loan Processor: $59,690; Commercial Loan Processor: $59,681; Loan Processor III: $59,222; Junior Loan Processor: $56,563; Jr Loan Processor: $50,782.

Loan Processor Salary in Delaware

How much does a Loan Processor make in Delaware?

As of January 01, 2026, the average salary for a Loan Processor in Delaware is $48,447 per year, which breaks down to an hourly rate of $23.

However, a Loan Processor's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $57,784
Majority Range (25th-75th percentile): $44,761 to $53,335
Entry-Level (10th percentile): $41,405

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Loan Processor Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$53,335	$4,445	$1,026	$26
Average	$48,447	$4,037	$932	$23
25th Percentile	$44,761	$3,730	$861	$22

You may get higher pay by adjusting the following factors:

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Key Factors That Influence Loan Processor Salaries

A Loan Processor's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Loan Processor Salaries?

Experience is a primary driver of a Loan Processor's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

Entry-Level (less than 1 year): $46,888
Early Career (1-2 years): $46,997
Mid-Level (2-4 years): $49,310
Senior-Level (5-8 years): $50,460
Expert (over 8 years): $50,603

Levels	Salary
Entry Level Loan Processor	$46,888
Intermediate Level Loan Processor	$46,997
Senior Level Loan Processor	$49,310
Specialist Level Loan Processor	$50,460
Expert Level Loan Processor	$50,603

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What Am I Worth?

How Do Loan Processor Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Loan Processors. For example, consider the average annual salaries in these key locations:

District of Columbia: $52,968.
California: $52,767.
Massachusetts: $52,064.

District of Columbia $52,968 California $52,767 Massachusetts $52,064 Washington $51,873 New Jersey $51,853 Alaska $51,786 Connecticut $51,126 New York $50,858

Hawaii $50,002 Rhode Island $49,600 Maryland $49,328 Minnesota $48,954 Colorado $48,811 Illinois $48,763 Oregon $48,581 Delaware $48,447

New Hampshire $48,363 Virginia $48,175 Pennsylvania $47,624 Nevada $47,347 North Dakota $47,256 Michigan $47,113 Wisconsin $47,060 Vermont $46,955

Texas $46,663 Maine $46,644 Arizona $46,615 Ohio $46,582 Georgia $46,141 Indiana $45,921 Wyoming $45,878 Utah $45,811

Iowa $45,783 Kansas $45,553 Louisiana $45,486 North Carolina $45,462 Missouri $45,452 Florida $45,266 Montana $45,165 Nebraska $45,070

Kentucky $45,017 South Carolina $44,826 Tennessee $44,706 Idaho $44,658 New Mexico $44,309 Oklahoma $44,233 Alabama $43,950 South Dakota $43,477

Arkansas $43,218 West Virginia $43,080 Mississippi $42,663

Top Paying Cities for Loan Processors

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

Lincoln: $50,141
Little Creek: $49,677
Magnolia: $49,882

Lincoln, DE $50,141 Little Creek, DE $49,677 Magnolia, DE $49,882 Milford, DE $50,141 Marydel, DE $49,490 Millsboro, DE $50,141 Millville, DE $50,476 Milton, DE $50,141

Nassau, DE $50,141 Ocean View, DE $50,476 Rehoboth Beach, DE $50,476 Seaford, DE $49,615 Selbyville, DE $50,476 Smyrna, DE $49,433 Viola, DE $49,882 Woodside, DE $49,739

Bear, DE $49,069 Newark, DE $49,088 Claymont, DE $49,127 Delaware City, DE $49,088 Hockessin, DE $49,127 Kirkwood, DE $49,088 Middletown, DE $49,332 Montchanin, DE $49,127

New Castle, DE $49,127 Odessa, DE $49,399 Port Penn, DE $48,954 Rockland, DE $49,127 Saint Georges, DE $49,088 Townsend, DE $49,328 Winterthur, DE $49,127 Lewes, DE $50,141

Wilmington, DE $49,127 Dover, DE $49,653 Dover Afb, DE $49,768 Bethany Beach, DE $50,476 Bethel, DE $49,615 Bridgeville, DE $50,141 Camden Wyoming, DE $49,705 Cheswold, DE $49,538

Clayton, DE $49,414 Dagsboro, DE $50,476 Delmar, DE $49,615 Ellendale, DE $50,141 Felton, DE $50,141 Fenwick Island, DE $50,476 Frankford, DE $50,476 Frederica, DE $50,141

Georgetown, DE $50,141 Greenwood, DE $50,141 Harbeson, DE $50,141 Harrington, DE $50,141 Hartly, DE $49,390 Houston, DE $50,141 Kenton, DE $49,414 Laurel, DE $49,615

Yorklyn, DE $49,127

Loan Processor Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Loan Processor's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on January 01, 2026

$44,761

Average $48,447/year

$53,335

$3,730

Average $4,037/month

$4,445

$861

Average $932/week

$1,026

$22

Average $23/hour

$26

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$53,335	$4,445	$1,026	$26
Average	$48,447	$4,037	$932	$23
25th Percentile	$44,761	$3,730	$861	$22

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