The Best Mortgage Lenders in Unionville, TN
Compare verified mortgage lenders serving Unionville, Tennessee. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Unionville
Featured Mortgage Lenders
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation is a top-rated lender renowned for its exceptional customer service, competitive interest rates, and extensive loan options. With nearly three decades of experience, they have a strong regional presence in Middle Tennessee, including Unionville, and are praised for their efficient processing and personalized support. Their high customer satisfaction ratings and commitment to community involvement make them a trusted choice for homebuyers in the area.
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Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage is a highly-regarded lender known for its swift loan closings and dedicated customer care. Founded in 2008, they have built a solid reputation in Tennessee for offering flexible mortgage solutions and competitive rates. Their local team in the Nashville area serves Unionville residents with reliability and expertise, backed by numerous positive reviews highlighting their responsiveness and support throughout the homebuying process.
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Pinnacle Financial Partners
Pinnacle Financial Partners
Pinnacle Financial Partners is a respected regional bank with deep ties to Tennessee communities, offering comprehensive mortgage services tailored to local needs. Established in 2000, they combine competitive pricing with personalized advice, making them a reliable option for Unionville homebuyers. Their experienced lenders are known for their accessibility and commitment to customer satisfaction, supported by strong reviews and a focus on building long-term relationships.
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Frequently Asked Questions
Common questions about mortgage lending in Unionville, TN
What are the typical down payment requirements for homes in Unionville, TN, given its rural market?
In Unionville's more affordable rural market, many conventional loans are available with down payments as low as 3-5%. For eligible buyers, USDA loans offer a significant advantage with 0% down payment, as much of the area qualifies for this rural development program. Local lenders are very familiar with these options and can guide you based on the specific property location.
Are there any first-time homebuyer assistance programs specific to Bedford County or Unionville?
While Unionville itself may not have a city-specific program, Tennessee Housing Development Agency (THDA) programs like the Great Choice Home Loan and down payment assistance are widely accessible to eligible buyers in Bedford County. These programs offer competitive interest rates and can be combined with USDA or FHA loans, which are common in this area.
How does the appraisal process work for a unique rural property in Unionville, like a home on several acres?
Appraising rural properties in Unionville requires an appraiser with specific expertise in valuing land, outbuildings, and well/septic systems, which are common. This can sometimes take longer than an urban appraisal. It's crucial to work with a mortgage lender who has strong relationships with local appraisers familiar with Bedford County's rural property nuances.
What type of mortgage loans are most common for buyers in Unionville, TN?
USDA Rural Development loans are extremely popular in Unionville due to the area's eligibility, offering 100% financing. Conventional loans are also common for buyers with stronger credit or who don't meet USDA income limits. For properties that may not meet strict agency standards, local banks and credit unions often offer portfolio loans with more flexible criteria.
Does Unionville's location near Shelbyville and Murfreesboro affect property taxes and insurance costs factored into my mortgage?
Yes, your mortgage payment will include Bedford County property taxes, which are generally lower than in more urban counties, and homeowners insurance. Insurance costs can be influenced by the age of farm-style homes and the distance to a fire hydrant/station. Your lender will help you accurately estimate these escrow items based on the specific property.
Nearby Cities
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Why Choose a Mortgage Lender in Unionville?
Local Market Knowledge
Lenders who understand Unionville'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 Unionville and get competitive rates on your home loan.