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Centerville, TN

The Best Mortgage Lenders in Centerville, TN

Compare verified mortgage lenders serving Centerville, Tennessee. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.

3
Top Lenders
4.7
Avg Rating
520+
Reviews
9
Loan Types

Available Loan Programs in Centerville

Conventional
FHA
VA
USDA
Jumbo
Refinance
Reverse Mortgages
Construction Loans
Home Equity Loans

Featured Mortgage Lenders

1

Fairway Independent Mortgage

Fairway Independent Mortgage Corporation

★★★★☆
4.8/5

Fairway Independent Mortgage is highly rated for its exceptional customer service and competitive rates, with a strong presence in Middle Tennessee. They specialize in a wide range of loan products and are known for their efficient, personalized mortgage process. With decades of experience, they have built a reputation for reliability and high customer satisfaction, serving Centerville and surrounding areas through their local branch network.

Experience:28 years
Reviews:220 customer reviews
5100 Maryland Way, Suite 110, Brentwood, TN 37027

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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2

New American Funding

New American Funding, LLC

★★★★☆
4.7/5

New American Funding is a top-rated lender praised for its diverse loan options and commitment to serving diverse communities, including Centerville. They offer competitive rates and are known for their responsive customer service and ability to handle various credit situations. Their local Nashville office ensures personalized attention and quick processing, making them a trusted choice in the region.

Experience:21 years
Reviews:180 customer reviews
1801 West End Ave, Suite 1100, Nashville, TN 37203

Loan Types:

ConventionalFHAVAUSDAJumboReverse Mortgages
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3

Pinnacle Financial Partners

Pinnacle Financial Partners

★★★★☆
4.6/5

Pinnacle Financial Partners is a well-established regional bank with a strong local presence in Middle Tennessee, including service to Centerville. They are renowned for their personalized approach, competitive mortgage rates, and extensive experience in residential lending. Their commitment to community involvement and customer satisfaction has earned them high ratings and a loyal client base.

Experience:24 years
Reviews:120 customer reviews
150 3rd Ave S, Nashville, TN 37201

Loan Types:

ConventionalFHAVAConstruction LoansHome Equity Loans
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Frequently Asked Questions

Common questions about mortgage lending in Centerville, TN

Are there any special mortgage programs for first-time homebuyers in Centerville, TN?

Yes, the Tennessee Housing Development Agency (THDA) offers the Great Choice Home Loan program, which is widely used in Centerville. This program provides competitive interest rates, down payment assistance, and flexible credit guidelines, making it an excellent option for first-time buyers in Hickman County. Many local lenders in Centerville are approved THDA lenders and can guide you through the application process.

How do property taxes in Hickman County affect my monthly mortgage payment in Centerville?

Hickman County has relatively low property tax rates compared to larger metropolitan areas in Tennessee, which is a benefit for Centerville homeowners. For 2023, the county rate is $2.64 per $100 of assessed value. Your lender will calculate an estimated monthly amount for property taxes to include in your escrow payment, but overall, this lower tax burden can make homeownership more affordable in the Centerville area.

What is the typical down payment needed for a home in Centerville's market?

While 20% down is ideal to avoid mortgage insurance, many buyers in Centerville utilize programs that allow for lower down payments. With a conventional loan, you may put down as little as 3-5%, and FHA loans require only 3.5% down. Given Centerville's median home price, this translates to a manageable upfront cost, but consulting with a local lender is key to finding the best option for your budget.

Are USDA rural housing loans available for properties in or near Centerville, TN?

Absolutely. Centerville and much of Hickman County are eligible for USDA Section 502 Guaranteed Loans, which offer 100% financing (no down payment) for qualified buyers and properties. This is a significant advantage for homebuyers looking in the Centerville area, as it opens up homeownership to those who may not have saved a large down payment. A local mortgage officer can confirm specific property eligibility.

How does the appraisal process work for a unique or rural property in the Centerville area?

Appraising unique, rural, or older properties in Centerville can be more complex due to fewer comparable sales ("comps"). Lenders often require appraisers with specific experience in the Hickman County market. It's important to work with a lender who uses local appraisers familiar with land value, outbuildings, and the nuances of the area to ensure a fair and accurate valuation for your loan.

Mortgage Insights

Finding Your Perfect Mortgage Match in Centerville, TN

Navigating the path to homeownership in Centerville, Tennessee, is an exciting journey, and choosing the right mortgage lender is one of your most crucial first steps. While online giants and national banks are an option, there’s a distinct advantage to working with mortgage lenders who understand our unique local market. Centerville isn't just a dot on the map; it’s a community with its own rhythm, from the charm of the historic downtown square to the serene landscapes of the surrounding Hickman County hills. A local lender gets that.

The Centerville housing market often features a mix of historic homes, newer subdivisions, and generous parcels of land. A lender familiar with this area will understand how to properly appraise a classic Craftsman bungalow near the courthouse or evaluate a property with a bit of acreage off Highway 100. They have established relationships with local appraisers and title companies, which can help streamline your closing process. In a competitive market, their local knowledge and efficient networks can make the difference between getting the keys and missing out.

For homebuyers in Centerville, your search should start close to home. Don't just search for "mortgage lenders"; look for those with physical offices in Hickman County or the surrounding mid-state region. Schedule consultations with a few. Ask them pointed questions: "How many loans have you closed in Hickman County in the last year?" or "What specific challenges have you seen with well and septic approvals in this area?" Their answers will tell you volumes about their local expertise.

Tennessee also offers several regional programs that a knowledgeable local lender can help you access. The Tennessee Housing Development Agency (THDA) offers great options for first-time homebuyers, including the Great Choice Home Loan program with competitive interest rates and down payment assistance. A lender experienced with THDA guidelines can be an invaluable guide through this process. Additionally, explore if any local banks or credit unions in Centerville offer special mortgage products for community residents; these can sometimes feature more flexible underwriting.

Your actionable plan starts today. First, get your financial documents in order—pay stubs, tax returns, and bank statements. Next, research and make a shortlist of three lenders: consider a local community bank, a credit union, and a mortgage broker with strong Tennessee ties. Get pre-approved by at least one before you seriously start house hunting. In our market, a solid pre-approval letter from a respected local lender carries significant weight with sellers, showing you’re a serious and prepared buyer.

Buying a home in Centerville is about planting roots in a wonderful community. By partnering with a mortgage lender who knows the lay of the land as well as you hope to, you’re not just securing a loan—you’re gaining a trusted advisor for one of life’s biggest investments. Take the time to find that right local partner, and you’ll be well on your way to calling Centerville home.

Nearby Cities

Explore mortgage lenders in cities near Centerville, TN

Why Choose a Mortgage Lender in Centerville?

Local Market Knowledge

Lenders who understand Centerville'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 Centerville and get competitive rates on your home loan.