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8 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.

Last updated on January 21, 2021
NerdWallet
Written by 
Alex Richards
Edited by 
Fact Checked
NerdWallet
Written by 
Alex Richards
Edited by 
Fact Checked

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NerdWallet's mortgage content, including articles, reviews and recommendations, is produced by a team of writers and editors who specialize in home lending. Their work has appeared in The Associated Press, USA Today, The Washington Post, MarketWatch, Newsweek and many other national, regional and local publications. They have been cited in publications including The Wall Street Journal, and appeared on NerdWallet's "Smart Money" podcast as well as local TV and radio.

8 Best Tennessee Mortgage Lenders of 2021

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Lender
NerdWallet Rating
Min. credit score
Min. down payment
Learn more
New American Funding

New American Funding: NMLS#6606

Learn more
at New American Funding
at New American Funding
4.5
/5
Home loans overall
Best for overall

580

N/A

Learn more
at New American Funding
at New American Funding
Rate

Rate: NMLS#2611

5.0
/5
Home loans overall
Best for overall

620

3%

Veterans United

Veterans United: NMLS#1907

Learn more
at Veterans United
at Veterans United
5.0
/5
VA loans
Best for VA loans

620

0%

Learn more
at Veterans United
at Veterans United
SoFi

SoFi: NMLS#696891

4.5
/5
Home loans overall
Best for first-time home buyers

620

3%

Navy Federal

Navy Federal: NMLS#399807

5.0
/5
VA loans
Best for VA loans

N/A

0%

Carrington

Carrington: NMLS#2600

3.5
/5
Home loans overall
Best for first-time home buyers

620

3%

SunTrust (Truist)

SunTrust (Truist): NMLS#2915

4.5
/5
Home equity loans
Best for home equity borrowing

620

3%

Bank of America

Bank of America: NMLS#399802

4.5
/5
Home loans overall
Best for low down payments

660

5%

Last updated on January 21, 2021

Methodology

NerdWallet's star ratings for mortgage lenders are awarded based on our evaluation of the products and services each lender offers to consumers who are actively shopping for the best mortgage. The five key areas we evaluated include the variety of loan types and products offered, online conveniences, online mortgage rate information, and the rate spread and origination fee lenders reported in the latest available Home Mortgage Disclosure Act data. To ensure consistency, our ratings are reviewed by multiple people on the NerdWallet Mortgages team.

To recap our selections...

NerdWallet's Best Tennessee Mortgage Lenders of 2021

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