Business & Finance Nashville, TN Pop. 689,447

Loan Officer Salary in Nashville, Tennessee

The median loan officer salary in Nashville, TN is $65,740 per year, which is 0.0% above the national median and 12.4% above the Tennessee state average.

City Median
$65,740
vs State Avg
+$7,231
vs National
+$0
Cost of Living
100%

Loan Officer Salary in Nashville by Experience

In Nashville, an entry-level loan officer earns around $38,000, while experienced professionals earn up to $130,000 per year. The local cost of living index is 100% of the national average.

Entry Level (0-2 yrs)
$38,000
+$0 vs national
Mid Level (3-7 yrs)
$66,000
+$0 vs national
Senior Level (8+ yrs)
$130,000
+$0 vs national

Salary Percentiles in Nashville, TN

Percentile Nashville
10th Percentile $35,200
25th Percentile $45,400
Median (50th) $65,740
75th Percentile $100,000
90th Percentile $153,800

Loan Officer Salary in Other Tennessee Cities

Murfreesboro, TN
$60,481
Pop. 152,769
Knoxville, TN
$57,851
Pop. 190,740
Chattanooga, TN
$57,851
Pop. 181,099
Memphis, TN
$56,536
Pop. 633,104

How to Become a Loan Officer in Nashville

Education

Most loan officer positions require a bachelor's degree. Nashville and the surrounding Tennessee area have institutions offering relevant programs.

Key Skills

Credit AnalysisMortgage LendingCustomer ServiceRegulatory ComplianceSalesFinancial Software

Job Outlook

Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Demand in Nashville may vary based on local industry and population growth.

Find Loan Officer Jobs in Nashville

Browse open loan officer positions in Nashville, TN:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Loan Officer Salary in Nashville

How much does a Loan Officer make in Nashville, TN? ▼
The median loan officer salary in Nashville, Tennessee is $65,740 per year, which is 0.0% above the national median of $65,740. Salaries range from $35,200 (10th percentile) to $153,800 (90th percentile).
How much does a Loan Officer make per hour in Nashville? ▼
Based on the median annual salary of $65,740, a loan officer in Nashville earns approximately $32 per hour assuming a standard 2,080-hour work year.
How does Nashville compare to the Tennessee state average for loan officer pay? ▼
Nashville's median loan officer salary of $65,740 is 12.4% above the Tennessee state average of $58,509. The local cost of living index is 100% of the national average.
What is the cost of living in Nashville, TN? ▼
Nashville has a cost of living index of 100% compared to the national average. This means a loan officer salary of $65,740 in Nashville has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Nashville? ▼
Most loan officer positions in Nashville require a bachelor's degree. Key skills include Credit Analysis, Mortgage Lending, Customer Service, Regulatory Compliance. The job market is projected to grow 3% nationally over the next decade.