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Hermitage, TN

The Best Mortgage Lenders in Hermitage, TN

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

3
Top Lenders
4.8
Avg Rating
1155+
Reviews
8
Loan Types

Available Loan Programs in Hermitage

Conventional
FHA
VA
USDA
Jumbo
Refinance
Construction
Home Equity

Featured Mortgage Lenders

1

Barry H. Capps

Churchill Mortgage

★★★★☆
4.9/5

Churchill Mortgage is one of the most highly-rated mortgage lenders in the Nashville metropolitan area, serving Hermitage and surrounding communities. Founded by industry veteran Barry H. Capps, the company has built an exceptional reputation for personalized service and competitive rates. With over three decades of experience, they specialize in all major loan types including conventional, FHA, VA, and USDA loans. Their team of local mortgage experts provides comprehensive guidance through the entire home financing process, earning consistently outstanding customer reviews for their attention to detail, communication, and ability to close loans efficiently.

Experience:32 years
Reviews:475 customer reviews
1830 Ward Dr, Brentwood, TN 37027

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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2

Mortgage Department

First Horizon Bank

★★★★☆
4.7/5

First Horizon Bank has a strong physical presence in Hermitage with a local branch and mortgage specialists serving the community. As one of the Southeast's largest regional banks with deep roots in Tennessee, they offer competitive mortgage products with the convenience of local decision-making. Their mortgage team provides personalized service for home purchases and refinancing, with particular expertise in construction loans and first-time homebuyer programs. Customers consistently praise their local knowledge, responsive service, and competitive rates. The bank's long history and stability provide additional confidence for borrowers seeking reliable mortgage financing.

Experience:158 years
Reviews:385 customer reviews
4650 Andrew Jackson Pkwy, Hermitage, TN 37076

Loan Types:

ConventionalFHAVAConstructionRefinanceHome Equity
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3

Nashville Team

Movement Mortgage

★★★★☆
4.8/5

Movement Mortgage has established a strong presence in the Nashville area with a dedicated team serving Hermitage and surrounding communities. Known for their efficient loan processing and competitive rates, they specialize in providing a streamlined mortgage experience with local expertise. The company has earned excellent reviews for their quick closing times and responsive communication throughout the loan process. Their Nashville-based loan officers have extensive knowledge of the local real estate market and work closely with borrowers to find the best financing solutions. Movement offers a comprehensive range of loan products with particular strength in conventional and government-backed loans.

Experience:14 years
Reviews:295 customer reviews
1101 Kermit Dr Suite 300, Nashville, TN 37217

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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Frequently Asked Questions

Common questions about mortgage lending in Hermitage, TN

Are there any first-time homebuyer programs specifically for Hermitage, TN residents?

While there are no programs exclusive to Hermitage, Tennessee Housing Development Agency (THDA) programs like the Great Choice Home Loan and Great Choice Plus down payment assistance are widely used by local lenders. These programs are particularly valuable in Hermitage's competitive market, offering competitive interest rates and assistance with down payments and closing costs for eligible buyers in Davidson County.

How do property taxes in Davidson County affect my mortgage payments in Hermitage?

Davidson County's property tax rate is a significant component of your monthly mortgage escrow payment. The 2023 rate is $3.288 per $100 of assessed value, with Hermitage homes assessed at 25% of market value. Your lender will calculate and collect approximately 1/12th of the annual tax bill each month, so factoring this into your overall budget is crucial when determining how much house you can afford in the area.

What is the typical down payment needed for a conventional loan on a Hermitage home given local prices?

For Hermitage's median home price range (typically $400,000 - $500,000), a conventional loan usually requires a minimum of 5% down, though 20% is ideal to avoid private mortgage insurance (PMI). Local lenders often see successful applications with 10-15% down, but a stronger down payment improves your competitiveness in this sought-after suburb, where multiple offers are common.

Does Hermitage's location in a flood zone affect mortgage requirements?

Certain neighborhoods in Hermitage, particularly those near the Percy Priest Lake shoreline or creeks, may be in designated flood zones. If your prospective home is in a Special Flood Hazard Area, your mortgage lender will require you to purchase flood insurance as a condition of the loan, which becomes part of your monthly escrow payment. A property's flood zone status is confirmed during the appraisal process.

Are USDA loans a viable option for homebuyers in Hermitage, TN?

No, USDA loans, which offer 100% financing for rural areas, are generally not available in Hermitage. As a developed suburb of Nashville within Davidson County, Hermitage is classified as a metropolitan area and does not meet the USDA's rural eligibility criteria. Buyers should instead explore THDA or FHA programs for low-down-payment options in this market.

Mortgage Insights

Finding Your Perfect Hermitage Mortgage Match: Why "Near Me" Matters

Searching for a "mortgage broker near me" in Hermitage is more than a matter of convenience—it’s a strategic move for your homebuying success. While online lenders are everywhere, a local broker embedded in our community offers distinct advantages, especially in our unique Nashville-adjacent market. Hermitage presents a fantastic blend of suburban tranquility and city access, but navigating its housing landscape requires local expertise.

A broker based in Middle Tennessee understands the nuances of our area. They know how a home near Percy Priest Lake might appraise differently than one in the older, established neighborhoods off Lebanon Pike. They’re familiar with the local inspectors, title companies, and real estate agents, which can streamline your entire process. Perhaps most importantly, they have their finger on the pulse of our competitive market. They can help you structure a strong, compelling offer—a critical factor when you might be competing against multiple bids on a popular Hermitage property.

For Tennessee homebuyers, there are valuable regional programs to consider, and a local broker is your guide to accessing them. The Tennessee Housing Development Agency (THDA) offers the Great Choice Home Loan program, which provides competitive rates and down payment assistance for eligible buyers. This can be a game-changer for first-time homebuyers or those with limited savings. A Hermitage-based broker will know the ins and outs of these programs, including income limits and property requirements specific to Davidson County, ensuring you don’t miss out on potential savings.

Your actionable first step? Look beyond a simple online search. Ask your Hermitage real estate agent for referrals—they work with mortgage professionals daily and know who delivers results. Check reviews, but pay special attention to those mentioning local transactions. When you interview potential brokers, ask them direct questions: "How many loans have you closed in Davidson County in the last year?" "Can you give me an example of how you helped a client win a bidding war in Hermitage?" "What THDA or local down payment assistance programs do you most frequently work with?"

Ultimately, the right local mortgage broker does more than find you a rate. They become your financial advocate, using their community knowledge to craft a loan that makes your Hermitage home dream a solid, sustainable reality. They help you understand not just the numbers, but how those numbers work within the fabric of our local market. In your search for a home here, partnering with a professional who knows every curve of Old Hickory Boulevard can make all the difference.

Nearby Cities

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Why Choose a Mortgage Lender in Hermitage?

Local Market Knowledge

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