The Best Mortgage Lenders in Celina, TN
Compare verified mortgage lenders serving Celina, Tennessee. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Celina
Featured Mortgage Lenders
Regions Mortgage
Regions Bank
Regions Bank operates a mortgage division with strong presence throughout Tennessee, including serving the Celina area. With nearly three decades of mortgage lending experience, they offer comprehensive loan options including specialized USDA loans ideal for rural areas like Celina. Their Cookeville branch serves as a regional hub for Clay County residents, providing personalized service with the backing of a major regional financial institution. Regions consistently receives high marks for competitive rates, transparent fee structures, and their knowledgeable local loan officers who understand the unique aspects of rural Tennessee property financing.
Loan Types:
United Community Bank Mortgage
United Community Bank
United Community Bank has built an exceptional reputation for mortgage lending throughout Middle Tennessee, including strong service to Celina and Clay County. As a community-focused institution with over two decades of experience, they specialize in understanding the unique needs of rural homebuyers. Their mortgage team excels at USDA and FHA loans, which are particularly relevant for the Celina market. Customers consistently praise their responsive communication, local decision-making authority, and ability to guide first-time homebuyers through the entire process with patience and expertise.
Loan Types:
Churchill Mortgage
Churchill Mortgage Corporation
Churchill Mortgage is a Tennessee-based mortgage lender with statewide reach that actively serves the Celina area. Founded in 1994, they bring three decades of specialized mortgage experience with particular expertise in rural and suburban Tennessee markets. They receive exceptional customer reviews for their educational approach to mortgage lending, transparent process, and competitive rates. While based in Franklin, they regularly work with clients throughout Middle Tennessee including Clay County, offering both in-person and remote consultation options. Their strong focus on fixed-rate mortgages and government-backed loans makes them an excellent choice for Celina homebuyers seeking stability and reliability.
Loan Types:
Frequently Asked Questions
Common questions about mortgage lending in Celina, TN
Are there any special mortgage programs for first-time homebuyers in Celina, TN?
Yes, the Tennessee Housing Development Agency (THDA) offers the Great Choice Home Loan program, which is widely used in Celina. This program provides competitive interest rates, down payment assistance, and flexible credit guidelines, making it an excellent option for first-time buyers in Clay County. Many local lenders in Celina are approved THDA lenders and can guide you through the application process.
How does the rural nature of Celina and Clay County affect my mortgage options?
Celina's location in a rural county makes many properties eligible for USDA Rural Development loans, which offer 100% financing with no down payment required. This is a significant advantage for buyers looking at homes outside the city limits. It's important to confirm a specific property's eligibility with a local lender, as the USDA's eligibility maps can be detailed.
What are typical closing costs for a mortgage in Celina, TN?
Closing costs in Celina typically range from 2% to 5% of the home's purchase price. These include standard fees like origination, appraisal, and title insurance. A local consideration is that property taxes in Clay County are relatively low compared to urban areas, which can slightly reduce your escrow setup costs at closing.
How does the local Celina real estate market impact the mortgage appraisal process?
Due to Celina's smaller market with fewer recent comparable sales ("comps"), appraisals can sometimes be more challenging. Lenders may need to look at sales from a wider geographic area or older sales, which requires an appraiser with local expertise. It's wise to work with a lender who uses appraisers familiar with Clay County to ensure a fair and accurate property valuation.
Are property tax escrows handled differently for mortgages on homes near Dale Hollow Lake?
For properties in the Dale Hollow Lake area, which is a major feature of Celina, lenders will still escrow for property taxes, but there may be additional considerations. Some waterfront or leased-land properties may have different tax structures or association fees. Your lender will carefully review the property's tax history and any unique fees to calculate an accurate monthly escrow payment.
Why Choose a Mortgage Lender in Celina?
Local Market Knowledge
Lenders who understand Celina'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 Celina and get competitive rates on your home loan.