Tennessee Mortgage Lenders and Rates (TN)

In Tennessee, finding the right mortgage can save you thousands of dollars. Mortgage-Info.us was created for that purpose. If you are looking for Lenders, Mortgage Rates, or Mortgage Brokers – we’ve have them. When you fill out our mortgage quote form, you’ll get offers from 2-4 different lenders that will compete to save you money.

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Featured Mortgage Lenders in Tennessee

Tennessee Mortgage Quick Facts

Tennessee State Population: 5,689,283*
Median Tennessee Home Price: $93,000*
Total Tennessee Housing Units:
2,519,825*
House Ownership Rate in Tennessee
: 69.9%*

Types of Mortgage Loans Available in Tennessee

How Your Credit Score Affects Your Mortgage Rate

First you need to know what your current credit score is. You should compare that against the average Tennessee consumer credit score of 676, and the national average credit score of 677. Your credit score impacts what your home mortgage rate will be. Historically home mortgage rates have varied from 5% to over 13%. Lenders create their home mortgage rates by using the Federal Discount Interest Rate and then increase it by using an internal formula to create their own home mortgage rate. When you apply for a home mortgage, your home mortgage rate will be determined by a whole host of factors, but your credit score is one of the most important.

Tennessee Mortgage State Laws:

Mortgage Laws Governed

State Statutory & Common Law

Foreclosure

Tennessee is a non-judicial foreclosure state. There is no right of redemption for the debtor once the property is sold. Any surplus from the sale of the property will be given to the debtor, or the debtor’s creditors. The first notice of property sale shall be published twenty days before the sale.

Home Loan Protection Act

This Act was added in 2004. It was designed to protect consumers, and does so by eliminating “flipping,” by prohibiting lenders to encourage default, and by eliminating certain fees, among other things.

TN Mortgage Fraud Office
White Collar Crime Supervisor
http://knoxville.fbi.gov/
John J. Duncan FOB, Suite 600
710 Locust Street
Knoxville, TN 37902-2537
Phone: (865) 544-0751

Tennessee Counties:

Anderson County, Bedford County, Benton County, Bledsoe County, Blount County, Bradley County, Campbell County, Cannon County, Carroll County, Carter County, Cheatham County, Chester County, Claiborne County, Clay County, Cocke County, Coffee County, Crockett County, Cumberland County, Davidson County, Dacatur County, DeKalb County, Dickson County, Dyer County, Fayette County, Fentress County, Franklin County, Gibson County, Giles County, Grainger County, Greene County, Grundy County, Hamblen County, Hamilton County, Hancock County, Hardeman County, Hardin County, Hawkins County, Haywood County, Henderson County, Henry County, Hickman County, Houston County, Humphreys County, Jackson County, Jefferson County, Knox County, Lake County, Lauderdale County, Lawrence County, Lewis County, Lincoln County, Loudon County, McMinn County, McNairy County, Macon County, Madison County, Marion County, Marshall County, Maury County, Meigs County, Monroe County, Montgomery County, Moore County, Morgan County, Obion County, Overton County, Perry County, Pickett County, Polk County, Putnam County, Rhea County, Roane County, Robertson County, Rutherford County, Scott County, Sequatchie County, Sevier County, Shelby County, Smith County, Stewart County, Sullivan County, Sumner County, Tipton County, Trousdale County, Unicoi County, Union County, Van Buren County, Warren County, Washington County, Wayne County, Weakley County, White County, Williamson County, Wilson County

*Source
-US Census

This site is not a broker and does not collect or solicit mortgage applications. Content is for informational or comparison purposes only. Services are not available in New York. Products and services may not be available in all other states.

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