The Best Mortgage Lenders in Hickman, TN
Compare verified mortgage lenders serving Hickman, Tennessee. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Hickman
Featured Mortgage Lenders
Pinnacle Financial Partners
Pinnacle Financial Partners
Pinnacle Financial Partners is a highly-rated regional bank with a strong presence in Middle Tennessee, including Williamson County where Hickman is located. Known for personalized service and competitive mortgage rates, they have built a reputation for reliability and local expertise over 24 years. Their loan officers provide tailored solutions for homebuyers, and they consistently receive high marks for customer satisfaction and community involvement in the Nashville metro area.
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Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation is a nationally recognized lender with a robust local office in Brentwood, TN, serving the Hickman area with excellence. With over 28 years in business, they are praised for their competitive rates, efficient processing, and dedicated customer service. They offer a wide range of loan products and have a strong track record of helping borrowers with various financial backgrounds, supported by high customer review scores and a commitment to community support.
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Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage is a reputable national lender with a significant presence in the Nashville region, effectively serving Hickman and surrounding areas. Founded in 2008, they are known for their fast loan closings, transparent processes, and strong customer service. With a focus on community engagement and innovative technology, they provide flexible mortgage options and have garnered positive reviews for their responsiveness and support throughout the homebuying journey.
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Frequently Asked Questions
Common questions about mortgage lending in Hickman, TN
What are the typical down payment requirements for homes in Hickman, TN, given its rural setting?
For most conventional loans in Hickman, a 20% down payment is standard to avoid private mortgage insurance (PMI). However, due to the area's more affordable home prices compared to metro areas, USDA loans are a popular option, offering 0% down payment for eligible borrowers in this designated rural area. FHA loans with 3.5% down are also commonly used.
Are there any special mortgage programs for first-time homebuyers in Hickman?
Yes, the Tennessee Housing Development Agency (THDA) offers the Great Choice Home Loan program, which is widely accessible in Hickman. This program provides competitive fixed-rate mortgages, down payment assistance, and homebuyer education grants, making it an excellent resource for qualifying first-time buyers in Williamson County.
How does Hickman's location in Williamson County affect property taxes and mortgage escrow?
Williamson County has some of the highest property tax rates in Tennessee, which directly impacts your monthly mortgage payment if you escrow for taxes and insurance. Lenders will calculate this into your debt-to-income ratio, so it's crucial to budget for this significant annual cost when determining how much house you can afford in Hickman.
What should I know about getting a mortgage for a home with acreage or a farmette in Hickman?
Financing properties with significant acreage (typically over 10 acres) in Hickman often requires a specialized "rural" or "non-conforming" loan product, as many conventional lenders have restrictions. You may need to work with a local lender or agricultural credit union familiar with appraising and underwriting these unique property types in the area.
Is homeowner's flood insurance commonly required for mortgages in Hickman, TN?
While much of Hickman is not in a high-risk flood zone, specific properties near the Harpeth River or other creeks may require a flood insurance policy as a condition of the mortgage. Your lender will order a Flood Zone Determination, and it's highly recommended to verify this during your due diligence period, as flood insurance can add a notable cost to your monthly expenses.
Why Choose a Mortgage Lender in Hickman?
Local Market Knowledge
Lenders who understand Hickman'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 Hickman and get competitive rates on your home loan.