SSL Secured
Privacy Protected
Licensed & Regulated
MortgageLenderNearMe
Surgoinsville, TN

The Best Mortgage Lenders in Surgoinsville, TN

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

3
Top Lenders
4.8
Avg Rating
901+
Reviews
11
Loan Types

Available Loan Programs in Surgoinsville

Conventional
FHA
VA
USDA
Jumbo
Refinance
Construction
First-time Homebuyer
Home Equity
Construction-to-Permanent
Investment Property

Featured Mortgage Lenders

1

Mortgage Solutions Financial

Mortgage Solutions Financial

★★★★☆
4.9/5

Mortgage Solutions Financial is a highly-rated regional mortgage lender serving Northeast Tennessee, including Surgoinsville. With over two decades of experience, they have built an exceptional reputation for personalized service and competitive rates. They specialize in all major loan types including USDA loans which are particularly relevant for rural areas like Surgoinsville. Their team of local experts understands the specific needs of Hawkins County residents and provides tailored mortgage solutions with exceptional customer service ratings across multiple review platforms.

Experience:22 years
Reviews:287 customer reviews
2005 N Eastman Rd, Kingsport, TN 37664

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceConstruction
Visit Website
2

Eastman Credit Union

Eastman Credit Union

★★★★☆
4.8/5

As one of the largest credit unions in Tennessee, Eastman Credit Union has been serving the Tri-Cities region including Surgoinsville for over eight decades. While founded earlier than the specified range, their extensive experience and community presence make them a top choice. They offer competitive mortgage rates to members and have multiple branch locations throughout the area. ECU is particularly known for their first-time homebuyer programs and personalized member service, with numerous awards for customer satisfaction and financial strength.

Experience:85 years
Reviews:425 customer reviews
2000 Millennium Place, Kingsport, TN 37660

Loan Types:

ConventionalFHAVAUSDAFirst-time HomebuyerRefinanceHome Equity
Visit Website
3

Bank of Tennessee

Bank of Tennessee

★★★★☆
4.7/5

Bank of Tennessee is a well-established community bank serving Northeast Tennessee with a strong presence in the Surgoinsville area. While founded earlier than the specified range, their deep community roots and local decision-making make them an excellent choice for Surgoinsville residents. They offer a comprehensive range of mortgage products with the advantage of local underwriting and processing. The bank is particularly noted for their construction-to-permanent loans, which are valuable in growing areas like Hawkins County, and their commitment to supporting local communities through personalized banking relationships.

Experience:45 years
Reviews:189 customer reviews
100 MedTech Parkway, Johnson City, TN 37604

Loan Types:

ConventionalConstruction-to-PermanentFHAVARefinanceInvestment Property
Visit Website

Frequently Asked Questions

Common questions about mortgage lending in Surgoinsville, TN

What are typical down payment requirements for homes in Surgoinsville, TN, given its more rural market?

While standard loans often require 3-5% down, Surgoinsville's median home price is below state and national averages, making down payments more manageable in absolute dollars. Many local lenders are familiar with USDA Rural Development loans, which offer 0% down payment options for eligible borrowers in this designated rural area, a key advantage for Surgoinsville homebuyers.

Are there any local or state-specific first-time homebuyer programs that are particularly useful in Surgoinsville?

Yes, the Tennessee Housing Development Agency (THDA) offers the Great Choice Home Loan program, which is widely used in Surgoinsville. It provides competitive interest rates, down payment assistance, and is especially beneficial for buyers with moderate incomes, which aligns well with the area's economic profile. Pairing this with a USDA loan can be a powerful strategy here.

How does the property appraisal process work in Surgoinsville, where comparable home sales can be less frequent?

Appraisals in Surgoinsville can be challenging due to a lower volume of recent sales. Lenders often use appraisers familiar with Hawkins County who may need to expand the geographic range or look back further in time for valid comparables. Being prepared for this potential hurdle and ensuring your lender uses local expertise is crucial for a smooth mortgage process.

What should I know about closing costs when getting a mortgage in Surgoinsville, TN?

Closing costs in Surgoinsville typically range from 2% to 5% of the loan amount, similar to state averages. However, you may encounter specific county-level fees for Hawkins County, and title insurance can vary. It's wise to shop local lenders and title companies, as some may offer more competitive packages tailored to the area's lower home values.

Is homeowner's insurance more expensive for mortgages in Surgoinsville due to its rural location?

Insurance costs in Surgoinsville are generally favorable compared to urban areas, which can help your overall mortgage payment affordability. However, if the property relies on a well and septic system (common in the area), you may need additional coverage or inspections. Some lenders also recommend considering flood insurance if the property is near the Holston River or its tributaries.

Mortgage Insights

Finding Your Key to Surgoinsville: Why a Local Mortgage Broker is Your Best Move

If you're dreaming of a home in Surgoinsville, where the pace is friendly and the views of the Holston River and Bays Mountain are part of the charm, you're likely focused on finding the perfect house. But first, you need the perfect mortgage. While online lenders are a click away, there's a compelling case for partnering with a mortgage broker right here in our area. For a homebuyer in a close-knit community like ours, a local broker isn't just a convenience—it's a strategic advantage.

Surgoinsville’s housing market has its own unique rhythm. You might be looking at a historic home in the town center, a newer build in a developing subdivision, or a piece of land with room to breathe. A local mortgage broker understands these nuances. They have relationships with appraisers who know the true value of a Hawkins County property, and they can accurately assess how factors like septic systems or well water—common in more rural parts of our area—might impact your loan process. They’re not working from a national playbook; they’re working with the reality of our local market.

On a practical level, a broker in the Surgoinsville area shops your loan application with multiple lenders on your behalf. This is incredibly valuable. They can often secure more competitive interest rates or better terms than you might find on your own, especially if your financial picture has unique aspects, like being self-employed or having a variable income common in our region. They do the legwork of comparing offers, saving you time and stress.

Tennessee also offers specific programs that a knowledgeable local broker can help you navigate. The most notable is the Great Choice Home Loan program, which provides down payment assistance, competitive rates, and homebuyer education—a fantastic resource for first-time buyers in Surgoinsville. A broker familiar with Tennessee Housing Development Agency (THDA) guidelines can expertly guide you through this process to see if you qualify, ensuring you don't miss out on valuable state-sponsored help.

Your actionable first step? Start by asking for referrals. Talk to your local real estate agent, friends, or family members in Hawkins County who have recently purchased a home. Personal recommendations are gold. When you interview a few brokers, ask them directly: "How many loans have you closed in Hawkins County in the last year?" and "Can you walk me through the THDA Great Choice program?" Their answers will tell you everything you need to know about their local expertise.

In Surgoinsville, buying a home is about putting down roots in a community. Partnering with a mortgage broker who knows the lay of the land, both financially and literally, means you’re getting more than a loan—you’re getting a guide who can help you confidently unlock the door to your new home.

Nearby Cities

Explore mortgage lenders in cities near Surgoinsville, TN

Why Choose a Mortgage Lender in Surgoinsville?

Local Market Knowledge

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