How Much Does a Loan Processing Analyst Make in Tennessee?

Updated December 01, 2024
As of December 01, 2024, the average annual pay of Loan Processing Analyst in Tennessee is $37,741. While Salary.com is seeing that Loan Processing Analyst salary in TN can go up to $46,375 or down to $26,776, but most earn between $32,001 and $42,260. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Loan Processing Analyst
Loan Processing Supervisor
$62,126
Tennessee
Per Year
Loan Processing Manager
$96,278
Tennessee
Per Year
Loan Processing Assistant
$39,826
Tennessee
Per Year
Loan Processing Specialist
$52,566
Tennessee
Per Year
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Similar Job Salaries to Loan Processing Analyst by Company

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Company average base salary in (usd) range
SOUTHEAST BANK
Loan Processing Specialist
$58,545/yr
$50,416
$66,675
RANGE: $50,416 - $66,675
SouthEast Bank
Loan Processing Specialist II
$60,247/yr
$51,521
$68,973
RANGE: $51,521 - $68,973
828 Newquest LLC
Appeals Processing Analyst
$60,512/yr
$54,513
$66,511
RANGE: $54,513 - $66,511
WTW
Early Careers: National Processing Center Analyst – Memphis – 2025
$105,767/yr
$93,511
$118,023
RANGE: $93,511 - $118,023
Nicolet National Bank
LOAN PROCESSING CONTROL MANAGER
$93,192/yr
$79,845
$106,538
RANGE: $79,845 - $106,538
Farm Credit
Loan Processing Coordinator
$61,876/yr
$53,431
$70,320
RANGE: $53,431 - $70,320
DEPARTMENT OF LABOR FEDERAL CREDIT UNION
Loan Processing Specialist
$73,124/yr
$62,533
$83,716
RANGE: $62,533 - $83,716
W3Global
Loan Processing Specialist
$76,100/yr
$65,102
$87,098
RANGE: $65,102 - $87,098
Propel Financial Services
Loan Processing Support Specialist
$0/yr
$0
$0
RANGE: $0 - $0
Mortgage Moneyline Inc
Loan Processing Manager
$96,723/yr
$80,689
$112,758
RANGE: $80,689 - $112,758

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Top 10 Highest Paying Cities For Loan Processing Analyst Jobs in Tennessee

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Loan Processing Analyst can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Loan Processing Analyst job salaries in Tennessee. Some cities can pay higher salaries for Loan Processing Analyst jobs, which can indicate that there is a large demand for Loan Processing Analyst positions in this city.
The following table shows top 10 cities where the Loan Processing Analyst salary is higher than other cities in Tennessee. Nashville takes first place in this list, followed by Hendersonville, Franklin. The Loan Processing Analyst salary is $38,393 in Nashville, which is lower than the national average. There is 0 city's Loan Processing Analyst salary higher than national average in Tennessee.
The average salary for a Loan Processing Analyst in Tennessee is $37,741, but we found that the city with the highest salary for Loan Processing Analyst jobs is Nashville, TN, and it is higher than Hendersonville. Loan Processing Analyst jobs in Nashville can have the opportunity to earn higher salaries than in other cities in Tennessee.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Nashville $38,393 $3,199 $738 $18
Hendersonville $38,352 $3,196 $738 $18
Franklin $38,271 $3,189 $736 $18
Memphis $38,189 $3,182 $734 $18
Murfreesboro $38,108 $3,176 $733 $18
Germantown $38,067 $3,172 $732 $18
Jackson $37,904 $3,159 $729 $18
Knoxville $37,374 $3,114 $719 $18
Chattanooga $37,048 $3,087 $712 $18
Clarksville $36,803 $3,067 $708 $18

What Does a Loan Processing Analyst Do?

For example, if they are tasked with determining the response rate of a marketing promotion that offered a skip-a-payment on an auto loan, the analyst must figure not all customers who skipped a payment that month were responders to the campaign.
Updated December 19, 2021
Answers to these questions help the credit analyst to understand the broad risks associated with the proposed loan.
Updated November 26, 2021
Analyze all bank risk and ensure compliance to all bank policies and procedures and collaborate with financial analyst to maintain accuracy in all investor approved loans.
Updated December 20, 2021
It must be understood that the credit analyst, once convinced, will act as the client’s advocate in presenting the application to the bank’s loan committee and also guiding it through the bank’s internal procedures.
Updated December 20, 2021
A loan analyst works for a bank, credit union, or similar financial lending institution and evaluates credit applications to decide loan approval.
Updated December 12, 2021

Frequently Asked Questions About a Loan Processing Analyst Salaries

What is the average of a Loan Processing Analyst in Tennessee?

The Loan Processing Analyst salary range is from $32,001 to $42,260, and the average Loan Processing Analyst salary is $37,741/year in Tennessee. The Loan Processing Analyst's salary will change in different locations.

Which location pays the highest Loan Processing Analyst salary in the United States?

The Loan Processing Analyst salary in San Jose, CA is $51,150 which is the highest in the US.

What kinds of reasons will influence the Loan Processing Analyst's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Loan Processing Analyst.

What is the growth rate of the Loan Processing Analyst's salary?

If you are thinking of becoming a Loan Processing Analyst or planning the next step in your career, find the detailed salary report of a Loan Processing Analyst.