The Best Mortgage Lenders in La Vergne, TN
Compare verified mortgage lenders serving La Vergne, Tennessee. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in La Vergne
Featured Mortgage Lenders
Barry D. Hays
Churchill Mortgage
Churchill Mortgage has been serving Middle Tennessee for over 30 years with Barry D. Hays operating one of their top-rated local branches. They are particularly known for their exceptional VA loan expertise and personalized service approach. With deep roots in the Nashville metropolitan area, they consistently receive high marks for transparency, competitive rates, and guiding borrowers through the entire mortgage process. Their team specializes in first-time homebuyer programs and offers comprehensive educational resources alongside their lending services.
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First Horizon Bank Mortgage
First Horizon Bank
As one of Tennessee's oldest and most established financial institutions, First Horizon Bank has a strong local presence throughout Rutherford County. They offer the advantage of being both a direct lender and a full-service bank, providing competitive rates and local underwriting decisions. Their mortgage team has extensive experience with the La Vergne and Middle Tennessee market, offering specialized construction loans and portfolio lending options that larger national lenders may not provide. Customers consistently praise their local decision-making and personalized service.
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Guild Mortgage - Nashville
Guild Mortgage Company
Guild Mortgage brings over six decades of lending experience with a strong focus on the Nashville metropolitan area including La Vergne. They are particularly noted for their innovative loan programs and excellent customer service. The local team has deep knowledge of the Rutherford County real estate market and offers specialized renovation loan programs that are ideal for La Vergne's growing housing market. They receive consistent high marks for their responsive communication, streamlined digital process, and ability to close loans quickly while maintaining competitive rates.
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Frequently Asked Questions
Common questions about mortgage lending in La Vergne, TN
Are there any special down payment assistance programs for first-time homebuyers in La Vergne, TN?
Yes, the Tennessee Housing Development Agency (THDA) offers the Great Choice Plus program, which provides down payment assistance in the form of a second mortgage forgivable over time. This is widely used by La Vergne buyers, especially as the city's median home price has risen. Additionally, Rutherford County may have local grants; consulting with a mortgage lender familiar with the area is key to accessing these funds.
How does La Vergne's location in Rutherford County and proximity to Nashville affect mortgage rates and availability?
La Vergne's status as a popular Nashville suburb within a fast-growing county means lenders are very active and competitive here, which can be advantageous for borrowers. While national rates set the baseline, local credit unions and community banks often have competitive products for the area. However, lenders will closely scrutinize debt-to-income ratios due to the region's overall higher cost of living compared to rural Tennessee.
What are common property tax considerations I should factor into my mortgage payment in La Vergne?
La Vergne has its own city property tax rate, which is in addition to the Rutherford County tax rate. Currently, the combined rate is approximately $7.50 per $100 of assessed value, which is a significant component of your monthly escrow payment. It's crucial to get an accurate tax estimate for your specific property, as rates can change and new developments may have different assessments.
Are USDA rural development loans available for homes in La Vergne, TN?
Most of La Vergne is not eligible for USDA loans, as it is considered part of the Nashville metropolitan area and does not meet the population requirements for "rural" designation under the USDA program. However, some outlying areas of Rutherford County may still qualify. Buyers interested in zero-down-payment options in La Vergne itself should primarily explore THDA or VA (if eligible) loan programs.
How do insurance requirements for mortgages differ in La Vergne compared to other areas?
Due to La Vergne's location, lenders will require standard homeowners insurance, but it's wise to ensure your policy includes specific coverage for severe weather common to Middle Tennessee, such as wind/hail. While not in a high-risk flood zone overall, some properties near the Percy Priest Lake area or creeks may require a separate flood insurance policy, which is a mandatory condition for the mortgage.
Why Choose a Mortgage Lender in La Vergne?
Local Market Knowledge
Lenders who understand La Vergne'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 La Vergne and get competitive rates on your home loan.