How Much Does a Business Loan Officer Make in Delaware?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Business Loan Officer in Delaware is $96,465. While Salary.com is seeing that Business Loan Officer salary in DE can go up to $125,054 or down to $65,927, but most earn between $80,480 and $111,430. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Business Loan Officer
Small Business Loan Officer
$67,764
Delaware
Per Year
SBA Loan Officer
$101,986
Delaware
Per Year
Commercial Loan Officer V
$161,838
Delaware
Per Year
Loan Officer I
$53,270
Delaware
Per Year
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Similar Job Salaries to Business Loan Officer by Company

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Company average base salary in (usd) range
Lennar
Loan Officer Associate
$77,315/yr
$69,136
$85,494
RANGE: $69,136 - $85,494
NVR Inc
Mortgage Loan Officer
$79,593/yr
$71,524
$87,661
RANGE: $71,524 - $87,661
Coldwell Banker Premier
Mortgage Loan Officer- NMLS License Highly Preferred
$79,531/yr
$71,469
$87,594
RANGE: $71,469 - $87,594
Citigroup Inc.
LOAN DOCUMENTATION AND PROCESSING ASSOCIATE ANALYST, OFFICER
$46,555/yr
$42,313
$50,797
RANGE: $42,313 - $50,797
On The Money Talent Acquisition Partners
Mortgage Loan Officer/Account Executive- DE and surrounding areas
$84,569/yr
$74,361
$94,776
RANGE: $74,361 - $94,776
Oxford Bank
Business Banking Loan Officer
$98,044/yr
$87,893
$108,196
RANGE: $87,893 - $108,196
Gershman Mortgage
Loan Officer Business Developer
$77,253/yr
$69,115
$85,391
RANGE: $69,115 - $85,391

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Top 10 Highest Paying Cities For Business Loan Officer Jobs in Delaware

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Business Loan Officer can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Business Loan Officer job salaries in Delaware. Some cities can pay higher salaries for Business Loan Officer jobs, which can indicate that there is a large demand for Business Loan Officer positions in this city.
The following table shows top 10 cities where the Business Loan Officer salary is higher than other cities in Delaware. Rehoboth Beach takes first place in this list, followed by Harrington, Lewes. The Business Loan Officer salary is $100,503 in Rehoboth Beach, which is higher than the national average. There are 13 cities' Business Loan Officer salary higher than national average in Delaware.
The average salary for a Business Loan Officer in Delaware is $96,465, but we found that the city with the highest salary for Business Loan Officer jobs is Rehoboth Beach, DE, and it is higher than Harrington. Business Loan Officer jobs in Rehoboth Beach can have the opportunity to earn higher salaries than in other cities in Delaware.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Rehoboth Beach $100,503 $8,375 $1,933 $48
Harrington $99,837 $8,320 $1,920 $48
Lewes $99,837 $8,320 $1,920 $48
Milford $99,837 $8,320 $1,920 $48
Dover $98,865 $8,239 $1,901 $48
Seaford $98,789 $8,232 $1,900 $47
Smyrna $98,427 $8,202 $1,893 $47
Middletown $98,227 $8,186 $1,889 $47
Wilmington $97,817 $8,151 $1,881 $47
New Castle $97,817 $8,151 $1,881 $47

What Does a Business Loan Officer Do?

– while commercial loan officers make their decisions based on what they see on paper, customer service is still a big part of the job because they often meet with applicants face to face.
Updated December 20, 2021
Commercial loan officers work in credit unions, commercial banks, mortgage companies, and financial institutions of all types.
Updated December 16, 2021
Commercial loan officers receive health insurance and other job perks, including profit-sharing and bonuses for completing successful loans.
Updated December 15, 2021
In fact, one reason why banks continue to have so many branch offices is that they need to bring loan officers face to face with potential borrowers.
Updated December 11, 2021
A first-class commercial loan officer will be someone who can combine sound judgment with professional expertise in processing commercial loan applications.
Updated December 10, 2021

Frequently Asked Questions About a Business Loan Officer Salaries

What is the average of a Business Loan Officer in Delaware?

The Business Loan Officer salary range is from $80,480 to $111,430, and the average Business Loan Officer salary is $96,465/year in Delaware. The Business Loan Officer's salary will change in different locations.

Which location pays the highest Business Loan Officer salary in the United States?

The Business Loan Officer salary in San Jose, CA is $120,145 which is the highest in the US.

What kinds of reasons will influence the Business Loan Officer's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Business Loan Officer.

What is the growth rate of the Business Loan Officer's salary?

If you are thinking of becoming a Business Loan Officer or planning the next step in your career, find the detailed salary report of a Business Loan Officer.