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Jefferson City, TN

The Best Mortgage Lenders in Jefferson City, TN

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

3
Top Lenders
4.8
Avg Rating
429+
Reviews
10
Loan Types

Available Loan Programs in Jefferson City

Conventional
FHA
VA
USDA
Jumbo
Construction
Refinance
Construction-to-Permanent
ARM
First-time Homebuyer

Featured Mortgage Lenders

1

Enrichment Federal Credit Union

Enrichment Federal Credit Union

★★★★☆
4.8/5

Enrichment FCU is one of the highest-rated mortgage lenders serving East Tennessee, including Jefferson City. As a member-owned credit union, they offer highly competitive rates and personalized service. Their mortgage team has extensive experience with various loan programs and provides exceptional customer support throughout the entire process. With multiple branches throughout the region and strong local community involvement, they have built a reputation for reliability and customer satisfaction in the Jefferson City area.

Experience:15 years
Reviews:125 customer reviews
901 Bertrand Street, Morristown, TN 37814

Loan Types:

ConventionalFHAVAUSDAJumboConstructionRefinance
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2

HomeTrust Bank

HomeTrust Bank

★★★★☆
4.6/5

HomeTrust Bank has a physical branch location in Jefferson City and serves as a trusted local mortgage lender for the community. They offer a wide range of mortgage products with competitive rates and local underwriting decisions. Their experienced loan officers provide personalized service and have deep knowledge of the local real estate market. As a community-focused bank with roots in the region, they understand the specific needs of Jefferson City residents and offer flexible lending solutions.

Experience:12 years
Reviews:89 customer reviews
200 Prosperity Drive, Jefferson City, TN 37760

Loan Types:

ConventionalFHAVAUSDAConstruction-to-PermanentRefinance
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3

Fairway Independent Mortgage Corporation

Fairway Independent Mortgage Corporation - Knoxville

★★★★☆
4.9/5

Fairway Independent Mortgage is a nationally recognized lender with a strong local presence in East Tennessee, actively serving Jefferson City clients. They consistently receive exceptional customer reviews for their responsive service, competitive rates, and efficient closing processes. Their local loan officers have extensive experience with the Jefferson City market and provide comprehensive mortgage solutions for all types of borrowers. The company is known for its innovative technology and dedicated customer support, making the mortgage process smooth and transparent.

Experience:18 years
Reviews:215 customer reviews
109 S. Northshore Drive, Suite 402, Knoxville, TN 37919

Loan Types:

ConventionalFHAVAUSDAJumboARMRefinanceFirst-time Homebuyer
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Frequently Asked Questions

Common questions about mortgage lending in Jefferson City, TN

Are there any first-time homebuyer programs specifically for Jefferson City, TN?

Yes, the Tennessee Housing Development Agency (THDA) offers the Great Choice Home Loan program, which is widely used in Jefferson City. This program provides competitive interest rates, down payment assistance, and flexible credit guidelines. Many local lenders in Jefferson City are approved THDA lenders and can help you navigate the application process for these beneficial loans.

How do property taxes in Jefferson City, TN, affect my monthly mortgage payment?

Jefferson City is located within Jefferson County, which has a relatively low property tax rate compared to national averages. As of recent data, the combined city and county rate is approximately $2.47 per $100 of assessed value. Your lender will calculate an escrow payment for these taxes, which is included in your monthly mortgage payment, making budgeting predictable for homeowners in the area.

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

While 20% down is ideal to avoid private mortgage insurance (PMI), many buyers in Jefferson City successfully purchase homes with 3-5% down using conventional loans, or 3.5% down with an FHA loan. Given the area's median home price, this allows for an attainable entry point. Local credit unions and community banks often have portfolio loan products with flexible down payment options for qualified buyers.

Does living near a college (Carson-Newman University) impact mortgage lending in Jefferson City?

It can, particularly for investment properties. If you are purchasing a home to rent to students, lenders may require a larger down payment (often 20-25%) and offer different terms for investment loans compared to owner-occupied financing. For primary residences, it does not directly affect loan programs, but appraisers may consider proximity to the university when evaluating comparable home sales.

Are USDA rural housing loans available in Jefferson City, TN?

Yes, most of Jefferson City qualifies for USDA Rural Development loans, which offer 100% financing (no down payment). This is a significant advantage for eligible buyers with moderate incomes looking to purchase in the area. You should check the USDA eligibility map for the specific property address, as some newer subdivisions on the city's edges may still be included in the designated rural area.

Mortgage Insights

Finding Your Perfect Mortgage Partner in Jefferson City, TN

Searching for the "best mortgage lenders near me" is more than just comparing interest rates online. For homebuyers in Jefferson City, Tennessee, it’s about finding a financial partner who understands the unique rhythm of our local market and can guide you through the process with local expertise. Nestled in the foothills of the Great Smoky Mountains, Jefferson City offers a blend of small-town charm, proximity to larger cities like Morristown and Knoxville, and access to the vibrant campus of Carson-Newman University. This creates a specific housing dynamic that the best local lenders navigate daily.

When starting your search, think beyond big national banks. Some of the most responsive and knowledgeable lenders for our area are often local credit unions, like the Tennessee Credit Union or ORNL Federal Credit Union, which have a strong presence in East Tennessee. These institutions frequently offer competitive rates and a personalized touch, and their loan officers have a deep understanding of property values in Jefferson City and surrounding Jefferson County. They know what appraisers are looking for in our mix of historic homes, newer subdivisions, and rural properties.

A crucial tip for Jefferson City buyers is to discuss your timeline openly with potential lenders. Our market can be competitive, especially for well-priced homes in family-friendly neighborhoods. A lender who can offer a solid pre-approval letter quickly—and who is known to local real estate agents for reliable closings—can make your offer stand out. Ask any lender you interview about their average closing time and their experience with any specific challenges, like properties with septic systems or well water common in the county.

Don’t overlook Tennessee-specific homebuyer programs that local lenders can help you access. The Tennessee Housing Development Agency (THDA) offers great options like the Great Choice Home Loan program, which provides competitive fixed-rate mortgages paired with down payment assistance for eligible buyers. This can be a game-changer for teachers, healthcare workers, or first-time buyers looking in Jefferson City. A truly great local lender will be well-versed in these programs and can clearly explain if you qualify.

Your actionable first step? Make a shortlist of three lenders: perhaps a local credit union, a community bank with a Jefferson City branch, and a mortgage broker who shops multiple rates. Then, pick up the phone. Have a conversation. Ask them: "How many loans have you closed in Jefferson County in the last year?" and "Can you walk me through how THDA programs might work for my situation?" The best mortgage lender for you will be the one who communicates clearly, understands your goals, and demonstrates genuine knowledge of buying a home right here in our community.

Nearby Cities

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Why Choose a Mortgage Lender in Jefferson City?

Local Market Knowledge

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