LocalSalaryHub Salary Report
Loan Officers in Nashville, TN · Generated June 3, 2026
Loan Officers Salary in Nashville, TN — Take-Home Pay Calculator
$62,800
Mean: $73,240
~$48,984 est. take-home
$30.19
Based on 2,080 hrs/yr
100
100 = national avg
Salary Distribution
Where the median falls between the 25th and 75th percentile.
25th %
$46,900
Median
$62,800
75th %
$82,920
Median is in the 44th percentile of the typical range
Loan Officers in other TN cities
Compare the same occupation across cities in TN.
About Loan Officers salaries in Nashville, TN
According to the U.S. Bureau of Labor Statistics, the median annual salary for loan officers in Nashville, TN is $62,800. This is based on the most recent Occupational Employment and Wage Statistics (OEWS) survey data.
Salaries typically range from $46,900 (25th percentile) to $82,920 (75th percentile), reflecting differences in experience, employer size, and specialization.
The estimated hourly rate is $30.19 per hour, based on a standard 2,080-hour work year.
Career Outlook
Loan officer employment is projected to grow 4% through 2034. Interest rate fluctuations, commercial lending demand, and the expansion of fintech lending platforms create variable but steady opportunities in this field.
💡 Key insight: Commercial loan officers typically earn significantly more than consumer loan officers through commission-based compensation structures.
Frequently Asked Questions
What is the average salary for a loan officers in Nashville?▾
The median salary is $62,800 per year. The mean (average) salary is $73,240.
How much does a loan officers make per hour in Nashville?▾
The estimated hourly rate is $30.19 per hour.
What is the salary range for loan officers in Nashville?▾
Salaries typically range from $46,900 (25th percentile) to $82,920 (75th percentile).
Salary Conversion Table
How does $62,800 per year break down across different time periods?
| Period | Gross | Est. Take-Home |
|---|---|---|
| Yearly | $62,800 | $48,984 |
| Monthly | $5,233 | $4,082 |
| Biweekly | $2,415 | $1,884 |
| Weekly | $1,208 | $942 |
| Hourly (40h/wk) | $30.19 | $23.55 |
| Hourly (35h/wk) | $34.51 | $26.91 |
| Hourly (30h/wk) | $40.26 | $31.4 |
| Daily (8h) | $242 | $188 |
Take-home estimates use an effective tax rate of 22%. Actual amounts vary by filing status, deductions, and state tax.
Loan Officers: Highest-Paying Cities in the U.S.
Top 10 cities nationwide for loan officers, based on BLS median salary data.