9 Best Tennessee Mortgage Lenders of 2021
Here are are our picks for some of the best Tennessee mortgage lenders, including ones that help first-time home buyers and military members, as well as lenders who offer low down payment mortgages and HELOCs.
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Whether you’re shopping for a chalet near Gatlinburg or a loft in Nashville with a view of the Cumberland River, it takes research to get the right mortgage. NerdWallet has done the legwork to help you find the best Tennessee mortgage lenders.
Some of these lenders stand out for overall expertise. Others excel in specific categories, such as VA loans, first-time home buyers, home equity loans or low down payment mortgages.
Whether you’re shopping for a chalet near Gatlinburg or a loft in Nashville with a view of the Cumberland River, it takes research to get the right mortgage. NerdWallet has done the legwork to help you find the best Tennessee mortgage lenders.
Some of these lenders stand out for overall expertise. Others excel in specific categories, such as VA loans, first-time home buyers, home equity loans or low down payment mortgages.
Best Tennessee Mortgage Lenders
Lender | NerdWallet rating | Min. credit score | Min. down payment | Learn more |
---|---|---|---|---|
![]() New American Funding: NMLS#6606 Learn more at New American Funding | Best for overall | 620 | 3% | Learn more at New American Funding |
![]() Guaranteed Rate: NMLS#2611 Learn more at Guaranteed Rate | Best for overall | 620 | 3% | Learn more at Guaranteed Rate |
Quicken Loans: NMLS#3030 Learn more at Quicken Loans | Best for low down payments | 620 | 3% | Learn more at Quicken Loans |
![]() Veterans United: NMLS#1907 | Best for VA loans | 620 | 0% | Read review |
![]() SoFi: NMLS#1484615 | Best for first-time home buyers | 620 | 3% | Read review |
![]() Navy Federal: NMLS#399807 | Best for VA loans | N/A | 0% | Read review |
![]() Carrington: NMLS#2600 | Best for first-time home buyers | 620 | 5% | Read review |
![]() SunTrust (Truist): NMLS#2915 | Best for home equity borrowing | 620 | N/A | Read review |
![]() Bank of America: NMLS#399802 | Best for low down payments | 660 | 5% | Read review |

at New American Funding
New American Funding: NMLS#6606

Min. credit score
620Min. down payment
3%at New American Funding

at Guaranteed Rate
Guaranteed Rate: NMLS#2611

Min. credit score
620Min. down payment
3%at Guaranteed Rate
at Quicken Loans
Quicken Loans: NMLS#3030
Min. credit score
620Min. down payment
3%at Quicken Loans
Veterans United: NMLS#1907

Min. credit score
620Min. down payment
0%SoFi: NMLS#1484615

Min. credit score
620Min. down payment
3%Navy Federal: NMLS#399807

National / regional
NationalMin. down payment
0%Carrington: NMLS#2600

Min. credit score
620Min. down payment
5%SunTrust (Truist): NMLS#2915

National / regional
NationalMax LTV
89.9%Min. credit score
620Bank of America: NMLS#399802

Min. credit score
660Min. down payment
5%National / regional
NationalLast updated on January 21, 2021
Methodology
To recap our selections...
NerdWallet's Best Tennessee Mortgage Lenders of 2021
- New American Funding: Best for overall
- Guaranteed Rate: Best for overall
- Quicken Loans: Best for low down payments
- Veterans United: Best for VA loans
- SoFi: Best for first-time home buyers
- Navy Federal: Best for VA loans
- Carrington: Best for first-time home buyers
- SunTrust (Truist): Best for home equity borrowing
- Bank of America: Best for low down payments