Yes, loanee is in the scrabble dictionary

...and is worth 8 points by itself.

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Loanee Definition

noun

Borrower; someone who is loaned something.
from the English-language Wiktionary
Someone who is being loaned, someone playing for another club on loan.
from the English-language Wiktionary

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Top Words by points

Points

loanee

6

2 letter words with LOANEE

Points

no

2

la

2

lo

2

ae

2

na

2

en

2

el

2

ne

2

oe

2

on

2

an

2

al

2

3 letter words with LOANEE

Points

nae

3

lea

3

nee

3

ole

3

lee

3

one

3

eon

3

ale

3

ane

3

eel

3

4 letter words with LOANEE

Points

olea

4

enol

4

aeon

4

alee

4

noel

4

aloe

4

lone

4

loan

4

leno

4

lean

4

lane

4

elan

4

5 letter words with LOANEE

Points

anole

5

anele

5

alone

5

leone

5

6 letter words with LOANEE

Points

loanee

6

Found 39 words in 0.18904 seconds