BEST OF
10 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.
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.
Summary of Best Tennessee Mortgage Lenders of 2021
Lender | NerdWallet Rating | Minimum Credit Score | Minimum Down Payment | Learn More |
---|---|---|---|---|
Best for low down payments | 620 | 3% | at Quicken Loans | |
Best for overall | 620 | 3% | at New American Funding | |
Best for overall | 620 | 3% | at Guaranteed Rate | |
Best for VA loans | 650 | 0% | at Veterans United | |
Best for first-time home buyers | 660 | 10% | at SoFi | |
Best for VA loans | N/A | 0% | Read review | |
Best for first-time home buyers | 620 | 3% | Read review | |
Best for home equity borrowing | N/A | 3% | Read review | |
Best for home equity borrowing | 620 | 3% | Read review | |
Best for low down payments | 620 | 3% | Read review |
at Quicken Loans
Quicken Loans: NMLS#3030
Min. Credit Score
Min. Down Payment
at Quicken Loans
at New American Funding
New American Funding: NMLS#6606
Min. Credit Score
Min. Down Payment
at New American Funding
at Guaranteed Rate
Guaranteed Rate: NMLS#2611

Min. Credit Score
Min. Down Payment
at Guaranteed Rate
at Veterans United
Veterans United: NMLS#1907

Min. Credit Score
Min. Down Payment
at Veterans United
at SoFi
SoFi: NMLS#1484615
Min. Credit Score
Min. Down Payment
at SoFi
Navy Federal: NMLS#399807

National / Regional
Min. Down Payment
Carrington: NMLS#2600

Min. Credit Score
Min. Down Payment
Citibank: NMLS#412915

National / Regional
Max LTV
SunTrust (Truist): NMLS#2915

National / Regional
Max LTV
Bank of America: NMLS#399802

Min. Credit Score
Min. Down Payment
Last updated on February 25, 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
- Quicken Loans: Best for low down payments
- New American Funding: Best for overall
- Guaranteed Rate: Best for overall
- 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
- Citibank: Best for home equity borrowing
- SunTrust (Truist): Best for home equity borrowing
- Bank of America: Best for low down payments