Tennessee Mortgage Rates
Rather than show you an average rate for a perfect borrower scenario, we've estimated mortgage rates for 4 different borrower profiles from lenders serving Tennessee.

We've also compiled some mortgage data from Tennessee to give you an idea of where other borrowers are at. This data is based fixed rate, conforming loan data from Fannie Mae and Freddie Mac.

Tennessee Mortgage Statistics
Average Loan Size
$228,717
Loan to Value
6%
75%
97%
Credit Score
601
751
832
Originations by Loan Term / Average Rates
78.7 %
30 Year Fixed
2.500%
4.02%
6.750%
low
average
high
15.7 %
15 Year Fixed
2.000%
3.41%
5.500%
low
average
high
5.6 %
20 Year Fixed
2.500%
3.75%
6.250%
low
average
high
Top 5 Originators in Tennessee
5.3 %
Quicken Loans
4.6 %
US Bank
0.8 %
Pennymac Home Loans
0.0 %
Finance of America Mortgage
89.3 %
Other
Originations by Property Type
66.0 %
Single Family
30.4 %
Planned Unit Development
3.1 %
Condo
0.4 %
Manufactured Home
Originations by Loan Purpose
48.7 %
Purchase
29.7 %
Refinance
21.6 %
Cashout Refinance