Mortgage Lenders in Knoxville, TN
Directory of mortgage lenders in Knoxville, Tennessee. Verify credentials with the state state mortgage licensing authority before hiring.
Important: Listings are compiled from publicly available sources and have not been independently verified by BeforeMortgageUSA.com. We do not endorse any broker or guarantee outcomes. Verify licensing and disciplinary status with the
State Mortgage Licensing Authority of Tennessee before hiring.
Showing 20 mortgage lenders in Knoxville, TN
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Mortgage lenders in Knoxville Tennessee help homebuyers and homeowners secure loans for purchasing or refinancing property. Tennessee law requires all mortgage loan originators to be licensed through the Tennessee Department of Financial Institutions. Local lenders understand the Knoxville real estate market and can guide you through conventional FHA VA and USDA loan programs.
What Does a Mortgage Lender in Knoxville Cost?
Typical costs for a mortgage lender in Tennessee include an origination fee of 0.5 to 1 percent of the loan amount. Appraisal fees range from 400 to 700 dollars. Title insurance and closing costs often total 2 to 5 percent of the purchase price. Tennessee does not cap these fees. This is general information and not mortgage or financial advice.
* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not mortgage or financial advice — consult directly with an agent for fee specifics.
Frequently Asked Questions
What documents do I need to apply for a mortgage in Knoxville?
You typically need pay stubs W-2 forms tax returns bank statements and a valid ID. Tennessee lenders also require a credit check and proof of assets. Self-employed borrowers may need additional profit and loss statements.
How long does the mortgage process take in Tennessee?
The mortgage process in Tennessee usually takes 30 to 45 days from application to closing. This timeline can vary based on loan type and appraisal scheduling. Tennessee law does not set a specific maximum time limit for mortgage processing.
What are the typical down payment requirements in Knoxville?
Down payment requirements vary by loan type. Conventional loans often require 3 to 20 percent down. FHA loans allow as little as 3.5 percent down. USDA and VA loans may offer zero down payment options for eligible borrowers in Tennessee.