Loans Manager Salary in Knoxville, TN

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How much does a Loans Manager make in Knoxville, TN?

As of March 01, 2025, the average annual salary for a Loans Manager in Knoxville, TN is $162,818. Salary.com reports that pay typically ranges from $136,087 to $183,374, with most professionals earning between $111,751 and $202,090.

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Salary range for a Loans Manager
$136,087 to $183,374
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What is a Loans Manager?

The Loans Manager is responsible for overseeing the loan department of a financial institution, including managing a team of loan officers and ensuring that loan applications are processed efficiently and accurately. They are also responsible for developing and implementing loan policies and procedures, as well as ensuring compliance with all relevant regulations and guidelines. The Loans Manager is also involved in evaluating loan applications, making lending decisions, and monitoring the performance of the loan portfolio. Additionally, they may be responsible for developing and maintaining relationships with clients and promoting loan products and services to potential customers. Overall, the Loans Manager plays a crucial role in the success of the loan department and the overall financial institution.

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Loans Manager Salary By Experience Levels in Knoxville, TN

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Loans Manager Salary By Level of Education in Knoxville, TN

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LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Loans Manager in Knoxville, TN

Average Base Salary

Core compensation

 
 
 
136087
183374
162818

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
149892
227319
185505
What is the average salary for Loans Manager in 2025?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loans Manager in Knoxville, TN. The base salary for Loans Manager ranges from $136,087 to $183,374 with the average base salary of $162,818. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $149,892 to $227,319 with the average total cash compensation of $185,505.

View Average Salary for Loans Manager as table

Average Salary Average Salary Range
Base Salary $162,818 $136,087 - $183,374
Bonus $22,688 $13,804 - $43,945
Total Pay $185,505 $149,892 - $227,319
* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.
* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Loans Manager Salary Near Knoxville, TN

CITY, STATE AVERAGE SALARY RANGE COMPARE TO Knoxville, TN
CITY, STATE Asheville, NC AVERAGE SALARY RANGE $136,418 - $183,820 COMPARE TO Knoxville, TN
CITY, STATE Johnson City, TN AVERAGE SALARY RANGE $129,163 - $174,044 COMPARE TO Knoxville, TN
CITY, STATE Kingsport, TN AVERAGE SALARY RANGE $129,647 - $174,695 COMPARE TO Knoxville, TN
CITY, STATE Chattanooga, TN AVERAGE SALARY RANGE $133,801 - $180,293 COMPARE TO Knoxville, TN
CITY, STATE Greenville, SC AVERAGE SALARY RANGE $140,228 - $188,953 COMPARE TO Knoxville, TN
CITY, STATE Richmond, KY AVERAGE SALARY RANGE $137,797 - $185,678 COMPARE TO Knoxville, TN
See salaries for Loans Manager in locations close to Knoxville, TN. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

View Salary for Similar Jobs to Loans Manager in Knoxville, TN

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JOB TITLE LOCATION MINIMUM SALARY MAXIMUM SALARY
JOB TITLE Underwriting Manager - Mortgage Loans LOCATION Knoxville, TN MINIMUM SALARY $82,300 MAXIMUM SALARY $115,800
JOB TITLE Processing Manager - Mortgage Loans LOCATION Knoxville, TN MINIMUM SALARY $80,100 MAXIMUM SALARY $108,100
JOB TITLE Officer, Entry - Mortgage Loans LOCATION Knoxville, TN MINIMUM SALARY $39,500 MAXIMUM SALARY $53,600
JOB TITLE Specialist I - Mortgage Loans LOCATION Knoxville, TN MINIMUM SALARY $39,490 MAXIMUM SALARY $53,590
JOB TITLE Officer, Experienced - Mortgage Loans LOCATION Knoxville, TN MINIMUM SALARY $53,500 MAXIMUM SALARY $72,600
JOB TITLE Specialist II - Mortgage Loans LOCATION Knoxville, TN MINIMUM SALARY $53,490 MAXIMUM SALARY $72,590
The Loans Manager job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Knoxville, TN that might be a good fit for the type of job and salary you are looking for.

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136087
183374

 

About Knoxville, Tennessee    Knoxville is a city in the U.S. state of Tennessee, and the county seat of Knox County. The city had an estimated population of 186,239 in 2016 and a ....More

Knoxville, Tennessee  area prices were up 1.3% from a year ago

Loans Manager Salary in popular cities: Memphis, Nashville, Chattanooga

Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role