Loan Officer salary in Tennessee

Average salary
$45,000/yr
Based on 297 income tax records
$21,500
$156,500
DATA PROVIDED BY turbotax icon

Based on income reported to the IRS in box 1 of W-2.

From consenting TurboTax customers

$21,500
$156,500
DATA PROVIDED BY turbotax icon

Based on income reported to the IRS in box 1 of W-2.

From consenting TurboTax customers

How much do Loan Officers make?
The average total salary for a Loan Officer is $45,000 per year. This is based on data from 297 TurboTax users who reported their job as Loan Officer and includes taxable wages, tips, bonuses, and more. Loan Officer salary can vary between $21,500 to $156,500 depending on factors including education, skills, experience, employer & location. Read more
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Loan Officer salary by location

Location
Average salary per year*
Salary range**
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Nashville, TN
26 income tax records
$64,500/yr
$46K – $109K
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Knoxville, TN
29 income tax records
$59,000/yr
$39K – $109K
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Murfreesboro, TN
14 income tax records
$58,000/yr
$35K – $74K

Loan Officer salary by company

Employer
Average salary per year*
Salary range**
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Mortgage Investors Group, Tennessee
11 income tax records
$119,000/yr
$75K – $152K
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Ascend Federal Credit Union, Tennessee
17 income tax records
$39,500/yr
$37K – $42K

Loan Officer demographics in Tennessee

single icon
47% are single
married icon
53% are married
have kids icon
46% have kids
own a home icon
49% own a home

Loan Officer salaries by age in Tennessee

$0
$12,625
$25,250
$37,875
$50,500
18-25
26-35
36-45
46-55
56+
Years of age

Effective Tax Rates for Loan Officers in Tennessee

297 full-time salaries from 2019
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FAQS
The average salary for a loan officer in Tennessee is $45,000 per year. Loan officer salaries in Tennessee can vary between $21,500 to $156,500 and depend on various factors, including skills, experience, employer, bonuses, tips, and more.

This data is exclusive to Mint Salary and is based on 297 tax returns from TurboTax customers who reported their occupation as loan officer.

The following cities offer the highest salaries for loan officers in Tennessee: Nashville, TN ($64,500 a year), Knoxville, TN ($59,000 a year), and Murfreesboro, TN ($58,000 a year).
*
Total salary amounts here include total taxable wages, tips, prizes and other compensation. Salaries here are not representative of the total population and may reflect different levels of experience or education. Learn more
**
Total salary ranges shown here exclude outliers.