loan needs no unscrambling at all — the four-letter word is already the strongest play its own letters allow, banking 4 points in Scrabble as it stands. In all, 8 valid words come out of this rack, grouped by length below and checked for Words With Friends as well as Scrabble.
loan is the highest-scoring word from loan, worth 4 points in Scrabble. The top 8 of 8 words are shown here, with the full list organized by length below.
Only one four-letter word uses the letters in loan — and it is loan itself. No unscrambling is needed: the word is already playable as written, worth 4 points in Scrabble.
There are 7 two-letter words that can be made by unscrambling the letters in loan. If a familiar word is all you need, start with an, no, and on. For points, the strongest plays are al, an, la, lo, na, no, and on — each worth 2 points in Scrabble.
The full list follows, sorted A to Z; every score reflects tile constraints and skips board bonuses.
Swap a single tile in loan and you get a different four-letter rack with its own word list. None of these appear in the results above — they share 3 of the 4 letters, not all of them.
loan is in the NWL, the official Scrabble word list for North America, and in the Words With Friends dictionary, so it's playable exactly as it stands and needs no unscrambling.
The 2-point gap between the two totals comes from the tile values themselves: Scrabble and Words With Friends price the same letters differently.
Dictionaries record three senses for loan. Scrabble and Words With Friends score tiles and not meanings, so every sense below is worth the same 4 points on a Scrabble board:
loan is the only four-letter word the same letters produce. No arrangement of the same tiles scores higher in Scrabble, so playing loan unchanged also takes the maximum points these letters offer.
The highest-scoring play from these letters is loan, worth 4 points in Scrabble, and no other word from loan earns more points in Scrabble. Words With Friends prices the same letters differently, so the top of the list changes on a Words With Friends board. Both scores count tile values only and exclude premium squares.
The letters in loan produce 8 valid words in the Scrabble and Words With Friends dictionaries. The word count by length is: 1 four-letter word and 7 two-letter words.