Who has the best mortgage rates in Tennessee?
I’m looking for a primary, single-family home in for , and credit score.
Insights
Negotiate everything—rates, fees, and terms are not set in stone.
George Robinson TrueRate Data ScientistLenders with low rates in TN
TrueRate analyzed the rates lenders actually gave to buyers for the last three years and found only a few lenders likely to get you a good deal.
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Insights
Negotiate everything—rates, fees, and terms are not set in stone.
George Robinson TrueRate Data ScientistLenders in TN likely to have high rates
We don’t accept advertising, so you can get the real lender story. TrueRate looked at 78 lenders and found that these lenders are likely to offer you a high rate.
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Insights
Whether a lender has high margins or is simply inefficient and passing their costs on to you, the result is the same—you’ll likely end up paying more for your home. Our data shows that if you choose these lenders you will likely regret it.
George Robinson TrueRate Data ScientistLenders with average rates in TN
You deserve better than what these lenders historically provide.
Sorry, no lenders were found.
Methodology
We believe in transparency. Here’s how we crunched the numbers.
Based on lender data from 2023 with at least 10 loans similar to yours with 0 points for a 30-year fixed mortgage.
Don’t let lenders pull a fast one on you
Learn how really low rates often come with hidden fees. Drag the slider to see how rates and fees are connected.
Insights
Insights by James McTernan Tomo Mortgage Loan Advisor - NMLS #337556TrueRate report
See how mortgage companies got home buyers to over-pay by billions.
Get the reportMethodology
We believe in transparency. Here’s how we crunched the numbers.
Based on lender data from 2023 with at least 10 loans similar to yours with 0 points for a 30-year fixed mortgage.
Tennessee is turning up the heat for homebuyers
If you’ve been toying with the idea of snagging a home in this vibrant state, now’s the perfect time to take the plunge without feeling like you’re sacrificing your budget.
Nashville is, of course, the star of the show with its iconic music scene, mouthwatering BBQ, and lively nightlife. Neighborhoods like East Nashville and Germantown are where the cool kids hang out, boasting a blend of historic charm and modern flair. The best part? Despite the city’s popularity, there are still some affordable gems waiting to be found—if you know where to look!
But Tennessee isn’t just about the hustle and bustle of Music City. Memphis has its own rich culture and flavor, known for its blues and barbecue. Areas like Cooper-Young and Midtown offer a laid-back vibe with a mix of historic homes and contemporary spots, making them perfect for those looking for character and community.
And let’s not forget about Knoxville and Chattanooga! Both cities are growing, offering a mix of outdoor adventures and a friendly atmosphere. They might not have the same hype as Nashville or Memphis, but that just means you can find more affordable homes without the big-city pressure.
If you’re a first-time buyer, Tennessee offers various assistance programs to help with down payments and closing costs, giving you a leg up on the property ladder.
With improving interest rates and a mix of urban excitement and Southern charm, Tennessee is definitely worth considering for your next home. Whether you’re drawn to the melodies of Nashville or the heart of Memphis, the Volunteer State has something special waiting for you.