Mortgage Loan Officer Salary in Tennessee (2026)
Tennessee · 12.0% below national average · Medium Demand
| City | Avg Salary | vs National | Demand |
|---|---|---|---|
| Nashville | $69,179 | -5.0% | Medium |
| Memphis | $61,169 | -16.0% | Medium |
Tennessee is home to a strong job market for Mortgage Loan Officers. The state's key industries — Healthcare, Manufacturing, Tourism — generate significant demand for skilled professionals. At $72,820 per year, Tennessee's Mortgage Loan Officer salaries are 12.0% lower than the national average.
The cost of living in Tennessee (index: 0.88) makes salaries stretch further than in higher-cost states. Entry-level professionals in Tennessee can expect to earn $38,670–$57,125, while experienced Mortgage Loan Officers can command $98,650–$116,226.
Looking ahead, the Mortgage Loan Officer profession in Tennessee is projected to grow at 2.0% annually. Major employers are actively hiring, and the state's investment in Healthcare continues to drive new opportunities for qualified candidates.
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What is the average Mortgage Loan Officer salary in Tennessee?The average Mortgage Loan Officer salary in Tennessee is $72,820 per year in 2026, which is 12.0% below the national average of $82,750.
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What city in Tennessee pays Mortgage Loan Officers the most?Major metro areas typically pay Mortgage Loan Officers the highest wages in Tennessee due to higher costs of living and competitive job markets.
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Is Tennessee a good state for Mortgage Loan Officers?Tennessee has a strong job market with major industries in Healthcare, Manufacturing, Tourism. This makes it one of the better states for Mortgage Loan Officer employment.
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How does Tennessee Mortgage Loan Officer salary compare to the US average?At $72,820/year, Tennessee Mortgage Loan Officer salaries are 12.0% lower than the national average of $82,750/year.