The Best Mortgage Lenders in Cross Plains, TN
Compare verified mortgage lenders serving Cross Plains, Tennessee. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Cross Plains
Featured Mortgage Lenders
Ascend Federal Credit Union
Ascend Federal Credit Union
As one of Tennessee's largest credit unions with a strong presence throughout Middle Tennessee, Ascend Federal Credit Union consistently ranks among the top mortgage lenders in the region. They serve the entire Cross Plains area with personalized service and competitive rates. With over 70 years of financial service experience, they offer a comprehensive range of mortgage products including specialized programs for first-time homebuyers. Their high customer satisfaction ratings stem from local decision-making, community-focused approach, and dedicated mortgage specialists who guide clients through the entire process.
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Wilson Bank & Trust
Wilson Bank & Trust
Wilson Bank & Trust has been serving the Robertson County area for over three decades, making them exceptionally familiar with the Cross Plains real estate market. As a community bank headquartered just minutes from Cross Plains, they offer local underwriting and decision-making that national lenders can't match. They're particularly strong in construction and land loans, which is valuable in rural areas like Cross Plains. Their mortgage team provides personalized service with quick response times and competitive rates, earning them excellent customer reviews and strong community trust.
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Churchill Mortgage
Churchill Mortgage Corporation
Churchill Mortgage is a Tennessee-based mortgage lender with a strong statewide presence and excellent reputation for serving rural communities like Cross Plains. Founded in 1992, they have three decades of experience helping Tennesseans achieve homeownership. They're particularly known for their educational approach to the mortgage process and strong customer service. While headquartered in Franklin, they actively serve the entire Middle Tennessee region with loan officers who understand the unique aspects of rural property financing. Their high volume of positive reviews highlights their commitment to transparent communication and competitive loan options.
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Frequently Asked Questions
Common questions about mortgage lending in Cross Plains, TN
What are typical down payment requirements for homes in Cross Plains, TN, given its rural setting?
While standard loans often require 3-5% down, Cross Plains's more affordable market compared to Nashville suburbs can make 20% down more attainable to avoid PMI. Many local lenders also offer USDA Rural Development loans, which are widely available here and require **0% down payment** for eligible borrowers and properties, a major advantage for the area.
Are there specific first-time homebuyer programs or grants available for Cross Plains residents?
Yes, the Tennessee Housing Development Agency (THDA) offers the Great Choice Home Loan program with competitive rates and down payment assistance, which is accessible in Robertson County. Additionally, some local lenders and credit unions may offer special programs for first-time buyers in the community, so it's important to ask lenders specifically about Cross Plains.
How does the appraisal process work in Cross Plains, where properties can range from newer subdivisions to large rural lots?
Appraisals in Cross Plains require appraisers familiar with the local market's mix of rural land value and residential comparables. For homes on several acres, the appraisal will carefully assess the value of the land itself, which can differ significantly from a standard lot in a neighborhood. Using a local lender who works with appraisers from the Springfield or Clarksville areas is crucial for an accurate valuation.
What type of property insurance considerations should I factor into my mortgage for a Cross Plains home?
If your property includes significant acreage, outbuildings, or is used for any farming activity, you may need a specialized farm or ranch insurance policy, which can be more costly than standard homeowners insurance. For homes in flood-prone areas near creeks or the Red River, your lender will require a separate flood insurance policy, which must be factored into your monthly escrow payment.
How do mortgage rates and lender options in Cross Plains compare to nearby larger cities like Springfield or Nashville?
While national rates set the baseline, you may find slightly different terms by working with a local community bank or credit union in Robertson County that deeply understands the local property market. However, you also have full access to lenders in Springfield (10 minutes away) and Nashville (40 minutes away), giving you a wide range of options to compare for the best rate and service.
Nearby Cities
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Why Choose a Mortgage Lender in Cross Plains?
Local Market Knowledge
Lenders who understand Cross Plains'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 Cross Plains and get competitive rates on your home loan.