Securing a Mortgage for Your Tennessee Home with Central Mortgage Funding
Tennessee, with its breathtaking Great Smoky Mountains and the majestic Mississippi River, offers a picturesque setting for anyone dreaming of a scenic life. The vibrant city life in Memphis and Nashville, the stunning waterfalls in Chattanooga, and the abundance of vineyards and whiskey distilleries statewide make Tennessee a unique and appealing place to live.
If you’re planning to buy a home in Tennessee, start your mortgage application with Central Mortgage Funding now, and soon you’ll have a pre-approval letter ready as you explore potential homes!
Already own a home in Tennessee? We’re also experts in mortgage refinancing.
Tennessee Mortgage Rates and Trends
The COVID-19 pandemic led to historically low national mortgage rates, enabling many Americans to benefit from reduced borrowing costs.
Tennessee’s mortgage rates have followed this trend, though there have been recent gradual increases. However, rates remain low by historical standards, making it an opportune time for a free mortgage review. Regardless of when your mortgage was originally taken out, a lower rate could lead to considerable monthly savings.
Mortgage rates are influenced by factors like credit scores and debt-to-income ratios. It’s crucial to work with a lender who can customize a loan program to your specific needs. Central Mortgage Funding offers a variety of Tennessee home mortgage options, including FHA, VA, Conventional, USDA, and more.
Down Payment Assistance
Tennessee home buyers may be eligible for down payment assistance. If you’re considering purchasing a home in Tennessee, let us help you understand the options and grants* available.
Be sure to inquire about:
- Forgivable and non-forgivable second mortgages
- First-time home buyer incentives
- Closing cost assistance
- Tax credits
- Dream Makers Grant
*Note: The actual assistance amount can vary based on factors such as the purchase city, credit score, and other financial requirements. Down payment assistance programs are city and/or state initiatives, not funded by Central Mortgage Funding. A homebuyer education course may be required before applying.
Talk to our mortgage consultants about funding options today!
Refinancing Your Mortgage
Is your monthly mortgage payment or interest rate higher than you’d like? Are you dealing with high-interest debt? Or are you aiming to be mortgage-free sooner?
If these questions resonate with you, it’s time for a free mortgage review with our Tennessee mortgage consultants. Discover the benefits of mortgage refinancing, which could lead to savings of up to $1,000 a month. Central Mortgage Funding offers flexible loan terms to meet your needs, starting at ten years.
Why Central Mortgage Funding?
Central Mortgage Funding is dedicated to making homeownership affordable, offering competitive mortgage rates without any upfront fees. Our team of dedicated mortgage consultants works hard to tailor the right loan program to fit your financial goals. Most of the lending process can be completed online for a faster and more convenient experience.
We’re committed to more than just transactions. We’re always here to answer any mortgage-related questions post-closing and can assist with refinancing for better rates or cash-out options. We look forward to building a lifelong relationship with you!
Building Your Home Loan Together
To connect with a Tennessee mortgage consultant at Central Mortgage Funding, call (833) 302-1032. We specialize in customizing any loan in the industry to suit your needs, ensuring the best service, lowest rates, and fastest closings. Discover how simple the process of mortgage refinancing or buying a new home can be with us!
Central Mortgage Funding is an Equal Housing Lender; License #212458.