The average salary for a loan officer in Tennessee is around $54,490 per year.
Avg Salary
Loan officers earn an average yearly salary of $54,490.
Wages typically start from $29,480 and go up to $114,660.
2% above national average Updated in 2018
Loan officer earnings by seniority
Approximate values based on highest and lowest earning segments.
Loan officer salary by state
| State Name | Average Salary |
|---|---|
| Alaska | $56,980 |
| Alabama | $53,488 |
| Arkansas | $55,514 |
| Arizona | $52,696 |
| California | $60,420 |
| Colorado | $61,010 |
| Connecticut | $88,768 |
| District of Columbia | $74,840 |
| Delaware | $60,140 |
| Florida | $67,760 |
| Georgia | $54,690 |
| Guam | $45,840 |
| Hawaii | $66,666 |
| Iowa | $61,518 |
| Idaho | $59,677 |
| Illinois | $81,620 |
| Indiana | $57,023 |
| Kansas | $75,462 |
| Kentucky | $67,450 |
| Louisiana | $48,230 |
| Massachusetts | $70,090 |
| Maryland | $68,060 |
| Maine | $64,110 |
| Minnesota | $72,030 |
| Missouri | $68,010 |
| Mississippi | $57,500 |
| Montana | $57,840 |
| North Carolina | $62,360 |
| North Dakota | $67,610 |
| Nebraska | $75,800 |
| New Hampshire | $76,430 |
| New Jersey | $73,180 |
| New Mexico | $51,460 |
| Nevada | $60,630 |
| New York | $78,520 |
| Ohio | $64,770 |
| Oklahoma | $61,230 |
| Oregon | $64,610 |
| Pennsylvania | $66,807 |
| Puerto Rico | $29,150 |
| Rhode Island | $60,460 |
| South Carolina | $60,250 |
| South Dakota | $59,520 |
| Tennessee | $54,490 |
| Texas | $68,710 |
| Utah | $45,470 |
| Virginia | $63,860 |
| Vermont | $58,650 |
| Washington | $60,540 |
| Wisconsin | $62,850 |
| West Virginia | $48,820 |
| Wyoming | $61,860 |
How do loan officer salaries compare to similar careers?
Loan officers earn about the same as related careers in Tennessee. On average, they make less than risk management specialists but more than credit counselors.
| Career | Median Salary |
|---|---|
| Risk management specialist salary | $57K |
| Investment banker salary | $57K |
| Fraud analyst salary | $57K |
| Financial quantitative analyst salary | $57K |
| Credit analyst salary | $57K |
| Loan officer salary | $54K |
| Cost estimator salary | $59K |
| Revenue agent salary | $56K |
| Social fundraiser salary | $50K |
| Credit counselor salary | $37K |
Source: CareerExplorer (Aggregated)