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

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

What industry pays the highest salary for Loan Manager?

The Insurance industry offers the highest average compensation for Loan Manager roles, with salaries approximately 20% above the market median.

How does experience change A Loan Manager's salary?

A Loan Manager's salary grows with experience: a Commercial Loan Officer IV (7+ years)earns $130,314, a Commercial Loan Officer V (7-10 years)earns $163,407, a Loan Manager (10+ years)earns $164,803, a Commercial Loan Senior Manager (10+ years)earns $199,720, a Commercial Loan Director (10+ years)earns $236,679,

What are the highest paying states for a Loan Manager?

Loan Manager salary varies significantly by state. The top 3 highest paying states for Loan Manager roles are District of Columbia $182,862, California $182,168, Massachusetts $179,740. These tech hubs typically pay 10-15% above the national average.

How much do different types of Loan Manager roles make?

Salaries for Loan Manager level roles vary by specialization: Commercial Loan Review Manager: $152,127; Loan Workout Manager: $148,566; Loan Examiner Manager: $139,742; Loan Review Manager: $135,121; Mortgage Loan Manager: $117,253.

Loan Manager Salary in Delaware

How much does a Loan Manager make in Delaware?

As of July 01, 2026, the average salary for a Loan Manager in Delaware is $167,254 per year, which breaks down to an hourly rate of $80.

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

Top Earners (90th percentile): $230,965
Majority Range (25th-75th percentile): $146,995 to $200,603
Entry-Level (10th percentile): $128,551

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Loan Manager Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$200,603	$16,717	$3,858	$96
Average	$167,254	$13,938	$3,216	$80
25th Percentile	$146,995	$12,250	$2,827	$71

You may get higher pay by adjusting the following factors:

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Check out Loan Manager Job Openings in Delaware

Wilmington Regional Loan Officer

Caliver Beach Mortgage - Wilmington, DE

Loan Servicing Associate

JPMorgan Chase - Newark, DE

Mortgage Loan Officer

WSFS Bank - Dover, DE

Mortgage Loan Officer

Kearny Bank - Dover, DE

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Key Factors That Influence Loan Manager Salaries

A Loan Manager'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 Manager Salaries?

Experience is a primary driver of a Loan Manager'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): $130,314
Early Career (1-2 years): $163,407
Mid-Level (2-4 years): $164,803
Senior-Level (5-8 years): $199,720
Expert (over 8 years): $236,679

Levels	Salary
Commercia... Level Loan Manager	$130,314
Commercia... Level Loan Manager	$163,407
Loan Mana... Level Loan Manager	$164,803
Commercia... Level Loan Manager	$199,720
Commercia... Level Loan Manager	$236,679

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What Am I Worth?

How Do Loan Manager 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 Managers. For example, consider the average annual salaries in these key locations:

District of Columbia: $182,862.
California: $182,168.
Massachusetts: $179,740.

District of Columbia $182,862 California $182,168 Massachusetts $179,740 Washington $179,080 New Jersey $179,014 Alaska $178,782 Connecticut $176,503 New York $175,578

Hawaii $172,622 Rhode Island $171,235 Maryland $170,293 Minnesota $169,005 Colorado $168,510 Illinois $168,345 Oregon $167,717 Delaware $167,254

New Hampshire $166,964 Virginia $166,313 Pennsylvania $164,414 Nevada $163,456 North Dakota $163,142 Michigan $162,647 Wisconsin $162,465 Vermont $162,102

Texas $161,094 Maine $161,028 Arizona $160,929 Ohio $160,813 Georgia $159,294 Indiana $158,534 Wyoming $158,386 Utah $158,154

Iowa $158,055 Kansas $157,262 Louisiana $157,031 North Carolina $156,949 Missouri $156,916 Florida $156,272 Montana $155,925 Nebraska $155,594

Kentucky $155,413 South Carolina $154,752 Tennessee $154,339 Idaho $154,174 New Mexico $152,968 Oklahoma $152,704 Alabama $151,730 South Dakota $150,095

Arkansas $149,203 West Virginia $148,724 Mississippi $147,287

Top Paying Cities for Loan Managers

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: $166,501
Little Creek: $167,720
Magnolia: $167,479

Lincoln, DE $166,501 Little Creek, DE $167,720 Magnolia, DE $167,479 Milford, DE $166,924 Marydel, DE $167,198 Millsboro, DE $165,803 Millville, DE $166,059 Milton, DE $166,346

Nassau, DE $166,467 Ocean View, DE $166,031 Rehoboth Beach, DE $166,349 Seaford, DE $166,444 Selbyville, DE $165,755 Smyrna, DE $167,836 Viola, DE $167,063 Woodside, DE $167,512

Bear, DE $167,126 Newark, DE $167,063 Claymont, DE $167,405 Delaware City, DE $167,230 Hockessin, DE $167,048 Kirkwood, DE $167,198 Middletown, DE $167,263 Montchanin, DE $167,086

New Castle, DE $167,111 Odessa, DE $167,345 Port Penn, DE $167,458 Rockland, DE $167,103 Saint Georges, DE $167,210 Townsend, DE $167,468 Winterthur, DE $167,122 Lewes, DE $166,411

Wilmington, DE $167,056 Dover, DE $167,720 Dover Afb, DE $166,837 Bethany Beach, DE $165,856 Bethel, DE $166,027 Bridgeville, DE $166,419 Camden Wyoming, DE $167,248 Cheswold, DE $167,666

Clayton, DE $167,671 Dagsboro, DE $165,740 Delmar, DE $165,474 Ellendale, DE $165,976 Felton, DE $166,911 Fenwick Island, DE $165,776 Frankford, DE $165,487 Frederica, DE $167,076

Georgetown, DE $165,677 Greenwood, DE $166,445 Harbeson, DE $165,854 Harrington, DE $166,700 Hartly, DE $167,218 Houston, DE $166,462 Kenton, DE $167,679 Laurel, DE $165,578

Yorklyn, DE $167,098

Loan Manager Salary by Industry: Top Paying Sectors

For Loan Manager roles, the industry you choose can affect earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the Insurance and Financial Services sectors offer the strongest compensation, at 20% above the average. In contrast, Loan Manager positions in Business Services or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Loan Manager as a support function rather than a direct revenue driver.

The top paying industries for a Loan Manager

Industry Sector	Average Annual Salary	Average Hourly Rate	Pay vs.Avg
Insurance	$200,705	$96.0	20%
Financial Services	$183,980	$88.0	10%

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

Understanding how a Loan Manager'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 July 01, 2026

$146,995

Average $167,254/year

$200,603

$12,250

Average $13,938/month

$16,717

$2,827

Average $3,216/week

$3,858

$71

Average $80/hour

$96

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$200,603	$16,717	$3,858	$96
Average	$167,254	$13,938	$3,216	$80
25th Percentile	$146,995	$12,250	$2,827	$71

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