The Best Mortgage Lenders in Livingston, TN
Compare verified mortgage lenders serving Livingston, Tennessee. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Livingston
Featured Mortgage Lenders
First National Bank of Tennessee
First National Bank of Tennessee
First National Bank of Tennessee is a community-focused institution with deep roots in the Livingston area, consistently rated as one of the top mortgage lenders in the Upper Cumberland region. Their local underwriting team provides personalized service and competitive rates, with particular expertise in rural housing loans and first-time homebuyer programs. The bank's strong community presence and long-standing reputation for reliability make them a trusted choice for local home financing.
Loan Types:
PrimeLending
PrimeLending, A PlainsCapital Company
PrimeLending's Cookeville office serves the entire Livingston area with a comprehensive range of mortgage products and exceptional customer service ratings. They specialize in both purchase and refinance transactions, offering competitive rates and streamlined digital processing. Their local loan officers have extensive knowledge of the Livingston market and provide personalized guidance through the entire mortgage process, making them a popular choice for buyers throughout Overton County.
Loan Types:
Wilson Bank & Trust
Wilson Bank & Trust
Wilson Bank & Trust maintains a strong physical presence in Livingston with a dedicated mortgage team that understands the local real estate market. They offer competitive rates and flexible terms, with particular strength in construction lending and rural property financing. Their commitment to community banking principles combined with modern mortgage technology provides borrowers with both personalized service and efficient processing. The bank's long history and stable financial foundation make them a reliable choice for Livingston area homebuyers.
Loan Types:
Frequently Asked Questions
Common questions about mortgage lending in Livingston, TN
Are there any special mortgage programs for first-time homebuyers in Livingston, TN?
Yes, the Tennessee Housing Development Agency (THDA) offers the Great Choice Home Loan program, which is widely used in Livingston. This program provides competitive fixed-rate mortgages, down payment assistance, and flexible credit guidelines, making it an excellent option for first-time buyers in Overton County. Many local lenders in Livingston are approved THDA lenders and can guide you through the application process.
How do property taxes in Overton County affect my monthly mortgage payment in Livingston?
Overton County has relatively low property tax rates compared to national averages, which is a significant benefit for your monthly mortgage payment. For a typical home in Livingston, property taxes are often escrowed into your monthly payment and may add only $50-$150 per month, depending on the home's value. Your lender will use the county's current millage rate to calculate this precise amount during the pre-approval process.
What is the typical down payment needed for a rural property or land purchase in the Livingston area?
For purchasing rural land or a property outside Livingston's town limits, lenders typically require a larger down payment, often 20-30%, especially if the property lacks conventional utilities or is considered a non-warrantable lot. For a standard single-family home within city limits, you may qualify for programs with as little as 3% down. It's crucial to discuss your specific property type with a local lender familiar with Overton County's rural underwriting requirements.
Are USDA Rural Development loans available for homes in Livingston, TN?
Yes, Livingston and most of Overton County are eligible for USDA Rural Development loans, which offer 100% financing (no down payment) for qualified buyers and properties. This is a popular program in the area due to its rural designation. Income limits apply, but many local households qualify, making it a powerful tool for purchasing a home in and around Livingston.
How does the appraisal process work for older or historic homes in Livingston's established neighborhoods?
Appraising older homes in Livingston, including those in historic areas like the town square, requires an appraiser with specific experience in valuing unique properties and understanding local market nuances. Lenders will work with appraisers familiar with Overton County who can properly account for features like updated mechanicals in older homes. It's wise to choose a mortgage lender with strong local connections to ensure a smooth appraisal process.
Why Choose a Mortgage Lender in Livingston?
Local Market Knowledge
Lenders who understand Livingston'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 Livingston and get competitive rates on your home loan.