Tennessee·Business and Financial Operations Occupations·SOC 13-2072

Best Loan Officer programs in Tennessee, ranked by enrollment

Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and payment methods.

19 schools in Tennessee run programs that feed this job, graduating 902 people a year. The job pays a median of $62,800 in Tennessee across about 6,510 jobs (BLS OEWS May 2025).

Also calledLoan OfficerLoan CounselorCommercial Loan OfficerFinancial Aid CounselorLenderUnderwriterBank OfficerLoan Adviser
Graduates / yr
902
in Tennessee
Median pay · Tennessee
$62,800
BLS OEWS May 2025
Jobs in state
6,510
people employed
Schools
19
with a feeder program
Avg graduation rate
58%
across those schools
Median net price
$20,346
per year, IPEDS

Fields of study in Tennessee that lead to this job

Grouped at the 4-digit CIP level. Numbers are graduates per year in this state.

1 programs in Tennessee that lead to this job

Ranked by graduates per year in Tennessee (IPEDS completions). Graduate earnings and debt are national College Scorecard figures reported at the 4-digit CIP level, so specializations within one field share a figure. Each program also links to its own Tennessee page.

Degree programs that lead to this occupation, ranked by graduates per year
#ProgramGraduates / yrShare of pipelineSchoolsGrad earnings (1 yr)Median debt
1
CIP 52.0801In Tennessee
902
100.0%
19$53,572$23,672

Top 19 schools in Tennessee

Ranked by graduates per year into this job. Graduate earnings are reported for 7 of the 19 schools in this state.

Schools ranked by graduates per year into this occupation
#SchoolGraduates / yrTop feeder programGrad earnings (1 yr)Grad rateNet priceAcceptance
1The University of Tennessee - Knoxville
Knoxville, TN Public · 1 feeder programs
353Finance, General$53,82674%42%
2University of Memphis
Memphis, TN Public · 1 feeder programs
93Finance, General$44,39551%72%
3Middle Tennessee State University
Murfreesboro, TN Public · 1 feeder programs
91Finance, General$46,50554%69%
4The University of Tennessee - Chattanooga
Chattanooga, TN Public · 1 feeder programs
64Finance, General50%81%
5East Tennessee State University
Johnson City, TN Public · 1 feeder programs
48Finance, General$39,93653%86%
6The University of Tennessee - Martin
Martin, TN Public · 1 feeder programs
40Finance, General$45,32553%88%
7Austin Peay State University
Clarksville, TN Public · 1 feeder programs
39Finance, General$48,26440%96%
8Tennessee Technological University
Cookeville, TN Public · 1 feeder programs
31Finance, General$41,17658%76%
9Lipscomb University
Nashville, TN Private not-for-profit · 1 feeder programs
29Finance, General72%$24,30968%
10The University of the South
Sewanee, TN Private not-for-profit · 1 feeder programs
28Finance, General80%$21,57357%
11Belmont University
Nashville, TN Private not-for-profit · 1 feeder programs
21Finance, General71%$29,24695%
12Carson - Newman University
Jefferson City, TN Private not-for-profit · 1 feeder programs
14Finance, General53%$19,53790%
13Lee University
Cleveland, TN Private not-for-profit · 1 feeder programs
13Finance, General63%$18,91871%
14Christian Brothers University
Memphis, TN Private not-for-profit · 1 feeder programs
11Finance, General55%$11,06387%
15Freed - Hardeman University
Henderson, TN Private not-for-profit · 1 feeder programs
11Finance, General71%$19,41860%
16Southern Adventist University
Collegedale, TN Private not-for-profit · 1 feeder programs
9Finance, General49%$24,18765%
17Union University
Jackson, TN Private not-for-profit · 1 feeder programs
4Finance, General66%$25,88260%
18Tennessee Wesleyan University
Athens, TN Private not-for-profit · 1 feeder programs
2Finance, General48%$14,61469%
19South College
Knoxville, TN Private for-profit · 1 feeder programs
1Finance, General42%$20,346

All 19 schools in Tennessee

Every school in Tennessee with a program that feeds this job, ordered by graduates per year. Earnings are shown for the ranked schools above; open a school profile for the rest.

All schools in Tennessee that feed this occupation
SchoolCityControlGraduates / yrFeeder programs
The University of Tennessee - KnoxvilleKnoxvillePublic3531
University of MemphisMemphisPublic931
Middle Tennessee State UniversityMurfreesboroPublic911
The University of Tennessee - ChattanoogaChattanoogaPublic641
East Tennessee State UniversityJohnson CityPublic481
The University of Tennessee - MartinMartinPublic401
Austin Peay State UniversityClarksvillePublic391
Tennessee Technological UniversityCookevillePublic311
Lipscomb UniversityNashvillePrivate not-for-profit291
The University of the SouthSewaneePrivate not-for-profit281
Belmont UniversityNashvillePrivate not-for-profit211
Carson - Newman UniversityJefferson CityPrivate not-for-profit141
Lee UniversityClevelandPrivate not-for-profit131
Christian Brothers UniversityMemphisPrivate not-for-profit111
Freed - Hardeman UniversityHendersonPrivate not-for-profit111

What loan officers earn in Tennessee

What people already working in this job earn (BLS OEWS May 2025). Not graduate earnings.

Median annual in Tennessee
$62,800
Mean annual
$71,590
Jobs in state
6,510
What the range looks like
10th pct$38,240Median$62,80090th pct$113,290
Versus the national median
-18.1%

U.S. median $76,690. Tennessee pays below the national figure.

Job concentration
1.13×

1.00× means the state has its expected share of these jobs.

Metro areas in Tennessee

Memphis, TN-MS-AR
$63,250median
930 jobs
Johnson City, TN
$63,590median
190 jobs
Nashville-Davidson--Murfreesboro--Franklin, TN
$62,800median
1,770 jobs
Knoxville, TN
$63,830median
930 jobs
Chattanooga, TN-GA
$62,460median
480 jobs
Clarksville, TN-KY
$60,270median
210 jobs
Jackson, TN
$61,500median
150 jobs
Kingsport-Bristol, TN-VA
$60,250median
260 jobs

Job outlook

Bureau of Labor Statistics Employment Projections, 2024 to 2034.

Projected growth 2024–34
+1.7%
Little or no change
Openings per year
20,300
new jobs plus replacements
Employment change
5,000
301,400 → 306,500
Typical entry education
Bachelor's degree
Plus moderate-term on-the-job training

Growth and openings are national. The Bureau of Labor Statistics does not publish employment projections at state level, so these figures describe the occupation across the whole U.S., not this state alone.

How to get in

The full skills, tools, and day-to-day breakdown lives on the national Loan Officers page.

How to become a Loan Officer

Job zone 4 of 5 · SVP 7.0 to < 8.0
Typical entry education
Bachelor's degree
Work experience needed
Less than 5 years
On-the-job training
Moderate-term on-the-job training

Most of these occupations require a four-year bachelor's degree, but some do not.

A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.

Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.

Top skills

Active ListeningSpeakingReading ComprehensionCritical ThinkingWritingMathematics

The same job in other states

Where else this occupation employs the most people, and what it pays there.

Related careers in Tennessee

Every major mapped to this job

The official federal mapping behind the rankings above.

All 2 majors mapped to Loan Officers2 of them graduated someone in the latest IPEDS year. NCES CIP 2020 → SOC 2018 crosswalk.+
  • 52.0801Finance, General
  • 52.0809Credit Management

Common questions

Answers for people weighing loan officers programs in Tennessee.

What degree do you need to become a Loan Officer?+

Bachelor's degree is the typical entry-level education BLS reports for this occupation. The most common program people actually graduate from is Finance, General, which awarded 902 degrees in Tennessee in 2024-25, 100.0% of everyone graduating from a program that feeds this career.

Which college majors lead to becoming a Loan Officer?+

The NCES CIP-to-SOC crosswalk maps 1 programs to this occupation. The largest are Finance and Financial Management Services. Together they graduate about 902 people a year in Tennessee.

How much do loan officers earn in Tennessee?+

The median is $62,800 a year (BLS OEWS May 2025). That is 18.1% below the U.S. median of $76,690. This is pay for people already working in the occupation, not the same thing as graduate earnings one year after finishing a degree.

Is demand for loan officers growing?+

BLS projects a +1.7% change in employment between 2024 and 2034, little or no change, with roughly 20,300 openings a year nationally once retirements and job changes are counted.

How many schools offer programs for this career in Tennessee?+

19 institutions in Tennessee reported graduates from at least one of the 1 programs that feed this occupation in IPEDS 2024-25. Rankings on this page use graduates per year, because the federal data publishes no enrollment count by program.

What other job titles do loan officers work under?+

Employers advertise this work under many names. O*NET records Loan Officer, Loan Counselor, Commercial Loan Officer, Financial Aid Counselor among the most commonly reported, all mapping to SOC 13-2072.

Programs in TennesseeFinance, General

About the data on this page

Rankings use IPEDS completions 2024–25, degrees awarded per year. That is the closest federal measure of how many people a program puts into a career, because no federal dataset publishes enrollment by program. Wages and employment come from BLS OEWS May 2025, growth and openings from BLS Employment Projections 2024-34, and which majors lead to which jobs from the NCES CIP 2020 to SOC 2018 crosswalk. Occupation descriptions, tasks, skills and tools are O*NET 30.3 (CC BY 4.0, U.S. Department of Labor/ETA).

  • BLS Occupational Employment & Wage Statistics

    May 2025

    Wages, employment counts, location quotients and metro breakdowns.

  • BLS Employment Projections

    2024–34

    Projected growth, annual openings and typical entry-level education.

  • IPEDS Completions

    2024-25 (provisional)

    Graduates per year by program and institution — the ranking metric.

  • College Scorecard, Field of Study

    2020-21 cohorts

    Median graduate earnings one year after completion, and median debt.

  • Census Post-Secondary Employment Outcomes

    latest available

    Graduate earnings 1/5/10 years out, where the state participates.

  • NCES CIP 2020 and the CIP-to-SOC 2018 crosswalk

    CIP 2020 / SOC 2018

    Which college programs officially lead to this occupation.

  • O*NET Database 30.3

    30.3

    Tasks, skills, knowledge, tools, job zone and alternate job titles.

    Official source →CC BY 4.0, U.S. Department of Labor / ETA

All Clema data sources and release dates →

Explore every U.S. college in one conversation

Clema turns plain-language questions into sourced answers across every U.S. institution — earnings, aid, acceptance, graduation, safety, and athletics from IPEDS, College Scorecard, and 10+ federal datasets, built in.

Free for teams up to 3 · No credit card