The Best Mortgage Lenders in Ashland City, TN
Compare verified mortgage lenders serving Ashland City, Tennessee. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Ashland City
Featured Mortgage Lenders
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation is highly regarded for its exceptional customer service, competitive mortgage rates, and extensive loan options tailored to Tennessee homebuyers. With over 27 years of experience, they have built a strong reputation for responsiveness, transparency, and expertise in handling various loan types, including first-time homebuyer programs. Their local Brentwood office serves Ashland City residents with personalized support, earning consistently high ratings for reliability and community involvement.
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New American Funding
New American Funding
New American Funding is a top-rated mortgage lender known for its diverse loan products and commitment to serving diverse communities, including Ashland City. Founded in 2003, they offer competitive rates, efficient processing, and specialized programs for first-time homebuyers. Their Nashville-area branch receives praise for knowledgeable staff and streamlined digital tools, resulting in high customer satisfaction and a strong track record in the regional market.
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Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a leading digital mortgage lender with a robust local presence in the Nashville area, serving Ashland City with technology-driven solutions and competitive pricing. Established in 2000, they combine innovation with personalized service, offering a wide range of loan options and a streamlined application process. High customer ratings highlight their efficiency, transparency, and dedication to making home financing accessible and straightforward for Tennessee residents.
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Frequently Asked Questions
Common questions about mortgage lending in Ashland City, TN
Are there any special down payment assistance programs for first-time homebuyers in Ashland City, TN?
Yes, the Tennessee Housing Development Agency (THDA) offers the Great Choice Plus program, which provides down payment assistance in the form of a second mortgage forgivable over 10 years. This is widely available in Ashland City and can be combined with THDA's Great Choice loan, which often features competitive interest rates and more flexible credit requirements for eligible buyers.
How do property taxes in Cheatham County affect my monthly mortgage payment in Ashland City?
Cheatham County has relatively moderate property tax rates compared to the broader Nashville metro area. For 2023, the combined county and city rate was approximately $2.96 per $100 of assessed value. Your lender will calculate an escrow payment based on this rate and the assessed value of your home, which will be included in your monthly mortgage payment. It's wise to budget for potential increases as property values in the area continue to rise.
What types of properties might require specialized mortgage loans in Ashland City?
Given its location along the Cumberland River and in a more rural part of Cheatham County, you may encounter properties that require specific financing. This includes homes on larger, non-standard lots, properties with acreage, or homes that use well and septic systems instead of city utilities. For these, a conventional loan may still work, but you might need a USDA Rural Development loan for eligible properties, which offers 100% financing and is active in Cheatham County.
How does Ashland City's proximity to Nashville influence mortgage rates and home appraisals?
While national factors primarily set rates, demand from buyers commuting to Nashville can keep local home values and competition steady. Appraisals in Ashland City are increasingly influenced by sales in nearby communities like Pleasant View and Kingston Springs, as well as broader Cheatham County trends. Strong comps from these areas help support valuations, which is crucial for loan approval.
Are there local credit unions or banks in Ashland City that offer competitive mortgage terms?
Yes, local institutions like Ascend Federal Credit Union and FirstBank, which have branches in Ashland City, often provide competitive mortgage products and personalized service. They may have special promotions or portfolio loan options for members or local residents. It's always recommended to compare their rates and fees with those of larger national lenders to find the best overall deal for your situation.
Nearby Cities
Explore mortgage lenders in cities near Ashland City, TN
Why Choose a Mortgage Lender in Ashland City?
Local Market Knowledge
Lenders who understand Ashland City's housing market can offer better guidance and competitive rates.
Multiple Loan Options
Access to conventional, FHA, VA, USDA, and jumbo loans tailored to your financial situation.
Proven Track Record
Work with lenders who have years of experience and hundreds of satisfied customers in Tennessee.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in Ashland City and get competitive rates on your home loan.