Which mortgage lender in the Clarksville, TN area typically has the best rates? To help you narrow down where to shop for a mortgage, MortgageWaldo.com provides an objective and data driven ranking of mortgage lenders operating in the Clarksville, TN area by interest rate and market share. We maintain our independence by not accepting any compensation from the mortgage lenders we rank, and use data on all fixed rate mortgages that were closed in the past year to generate our rankings.
Going by historical data, the best mortgage lender in the Clarksville, TN area in terms of interest rate is F&M Bank TN, with an average “Rate Difference” of -0.26%. This means that, comparing similar borrowers, F&M Bank TN provided a -0.26% lower interest rate for its customers than other lenders in the area. F&M Bank TN has a market share of 15.0%. It is the most popular lender in the Clarksville, TN area.
Our detailed ranking of mortgage lenders in the Clarksville, TN area is shown in the table below. In the table, we also give our assessment of whether they are, on average, a cheap/expensive lender through a star rating system. You can choose to tailor our ranking table to a specific mortgage type (Conventional/Jumbo/FHA/VA) and purpose (purchase/refinance) through the drop-down menu. For example, going by historical data, the cheapest lender for Conventional mortgages in Clarksville, TN is F&M Bank TN. If you want to take out a loan that is above conforming limits (above $548,250 or $822,375 depending on the area in 2021), the cheapest Jumbo mortgage provider is US Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is F&M Bank TN. The cheapest VA mortgage provider is also F&M Bank TN. Note that as a consumer advocate we always recommend shopping among several of our top ranked lenders in order to get the best rates and fees.
Ranking of Mortgage Lenders in Clarksville, TN
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| F&M Bank TN | -0.25% | 15.25% | |
| Flagstar Bank | -0.05% | 6.07% | |
| Guaranty Home Mortgage Corporation | -0.02% | 7.29% | |
| US Bank | -0.01% | 2.97% | |
| American Mortgage Service Company | -0.00% | 4.32% | |
| Mortgage Investors Group | 0.00% | 1.48% | |
| Quicken Loans | 0.00% | 9.72% | |
| Regions Bank | 0.01% | 1.35% | |
| Navy Federal Credit Union | 0.01% | 0.67% | |
| Bank of America | 0.01% | 0.40% | |
| PennyMac Loan Services | 0.03% | 0.81% | |
| Highlands Residential Mortgage Ltd | 0.03% | 1.21% | |
| First Community Mortgage | 0.03% | 3.78% | |
| Carrington Mortgage Services | 0.03% | 2.29% | |
| SWBC Mortgage | 0.04% | 2.29% | |
| SecurityNational Mortgage Company | 0.04% | 1.21% | |
| Freedom Mortgage Corporation | 0.04% | 2.02% | |
| FirstBank TN | 0.05% | 2.43% | |
| loanDepot | 0.05% | 2.43% | |
| Altra Federal Credit Union | 0.05% | 0.40% | |
| Lakeview Loan Servicing | 0.05% | 0.40% | |
| Acopia Home Loans | 0.06% | 3.78% | |
| Movement Mortgage | 0.09% | 2.43% | |
| Stockton Mortgage | 0.09% | 2.56% | |
| CMG Financial | 0.10% | 4.59% | |
| Fairway Independent Mortgage Corporation | 0.11% | 9.18% | |
| Caliber Home Loans | 0.11% | 2.29% | |
| Mr. Cooper | 0.14% | 3.24% | |
| Southwest Funding | 0.23% | 3.10% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| F&M Bank TN | -0.25% | 17.92% | |
| Flagstar Bank | -0.04% | 7.20% | |
| Guaranty Home Mortgage Corporation | -0.02% | 8.64% | |
| US Bank | -0.01% | 3.52% | |
| American Mortgage Service Company | 0.00% | 4.96% | |
| PennyMac Loan Services | 0.00% | 0.48% | |
| Mortgage Investors Group | 0.00% | 1.76% | |
| Regions Bank | 0.01% | 1.60% | |
| Navy Federal Credit Union | 0.01% | 0.80% | |
| Bank of America | 0.02% | 0.48% | |
| Highlands Residential Mortgage Ltd | 0.03% | 1.28% | |
| Freedom Mortgage Corporation | 0.03% | 1.28% | |
| First Community Mortgage | 0.04% | 4.48% | |
| SWBC Mortgage | 0.04% | 2.72% | |
| SecurityNational Mortgage Company | 0.04% | 1.28% | |
| FirstBank TN | 0.05% | 2.88% | |
| Carrington Mortgage Services | 0.05% | 0.64% | |
| Altra Federal Credit Union | 0.05% | 0.48% | |
| loanDepot | 0.06% | 0.96% | |
| Acopia Home Loans | 0.06% | 4.00% | |
| Quicken Loans | 0.07% | 3.68% | |
| Movement Mortgage | 0.09% | 2.56% | |
| Stockton Mortgage | 0.10% | 2.72% | |
| CMG Financial | 0.11% | 5.28% | |
| Fairway Independent Mortgage Corporation | 0.11% | 10.40% | |
| Caliber Home Loans | 0.12% | 2.56% | |
| Mr. Cooper | 0.20% | 2.24% | |
| Southwest Funding | 0.26% | 3.20% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Quicken Loans | -0.04% | 42.24% | |
| F&M Bank TN | 0.01% | 0.86% | |
| American Mortgage Service Company | 0.01% | 0.86% | |
| Carrington Mortgage Services | 0.01% | 11.21% | |
| SecurityNational Mortgage Company | 0.01% | 0.86% | |
| Stockton Mortgage | 0.02% | 1.72% | |
| Caliber Home Loans | 0.02% | 0.86% | |
| CMG Financial | 0.02% | 0.86% | |
| loanDepot | 0.03% | 10.34% | |
| Movement Mortgage | 0.03% | 1.72% | |
| Highlands Residential Mortgage Ltd | 0.03% | 0.86% | |
| Acopia Home Loans | 0.03% | 2.59% | |
| Lakeview Loan Servicing | 0.04% | 2.59% | |
| PennyMac Loan Services | 0.04% | 2.59% | |
| Mr. Cooper | 0.04% | 8.62% | |
| Freedom Mortgage Corporation | 0.04% | 6.03% | |
| Southwest Funding | 0.06% | 2.59% | |
| Fairway Independent Mortgage Corporation | 0.06% | 2.59% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| US Bank | -0.00% | 50.00% | |
| Regions Bank | -0.00% | 25.00% | |
| Farm Credit Mid-America | 0.01% | 25.00% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Regions Bank | 0.00% | 100.00% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| US Bank | -0.01% | 66.67% | |
| Farm Credit Mid-America | 0.01% | 33.33% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Navy Federal Credit Union | -0.30% | 10.43% | |
| F&M Bank TN | -0.30% | 21.60% | |
| American Mortgage Service Company | -0.08% | 5.78% | |
| Altra Federal Credit Union | -0.05% | 0.74% | |
| SWBC Mortgage | -0.03% | 1.59% | |
| First Community Mortgage | -0.03% | 1.59% | |
| USAA | -0.01% | 11.51% | |
| Mortgage Investors Group | -0.00% | 0.57% | |
| Wells Fargo Bank | 0.01% | 0.79% | |
| Guaranty Home Mortgage Corporation | 0.01% | 5.33% | |
| Regions Bank | 0.03% | 0.28% | |
| Stockton Mortgage | 0.03% | 0.17% | |
| PennyMac Loan Services | 0.03% | 0.68% | |
| US Bank | 0.03% | 1.02% | |
| The Federal Savings Bank | 0.05% | 0.23% | |
| NewDay USA | 0.05% | 0.06% | |
| FirstBank TN | 0.05% | 0.34% | |
| loanDepot | 0.06% | 0.79% | |
| CMG Financial | 0.07% | 0.40% | |
| Caliber Home Loans | 0.08% | 0.74% | |
| Freedom Mortgage Corporation | 0.09% | 1.08% | |
| Acopia Home Loans | 0.12% | 1.25% | |
| Highlands Residential Mortgage Ltd | 0.13% | 0.79% | |
| Movement Mortgage | 0.14% | 1.02% | |
| SecurityNational Mortgage Company | 0.14% | 1.59% | |
| Quicken Loans | 0.15% | 1.47% | |
| Mr. Cooper | 0.24% | 10.03% | |
| Flagstar Bank | 0.29% | 6.12% | |
| Fairway Independent Mortgage Corporation | 0.32% | 7.31% | |
| Southwest Funding | 0.48% | 2.15% | |
| Carrington Mortgage Services | 0.60% | 2.55% |
* Data is compiled for the Clarksville, TN commuting zone area, which comprises of counties of Christian County, KY, Logan County, KY, Todd County, KY, Trigg County, KY, Houston County, TN, Montgomery County, TN, and Stewart County, TN. This includes cities/towns/communities of Clarksville, TN as well as Hopkinsville, KY, Oak Grove, KY, Russellville, KY, Dover, TN, Cadiz, KY, Auburn, KY, Erin, TN, Lewisburg, KY, Elkton, KY, Tennessee Ridge, TN, Pembroke, KY, Cerulean, KY, Cumberland City, TN, Adairville, KY, Crofton, KY, Allensville, KY, and Trenton, KY. Lenders must have made at least 30 loans in the area to be included. Source of the data is Federal Financial Institutions Examination Council (FFIEC). Rate Difference (the average difference of interest rates relative to those of other lenders) were computed by subtracting the rate at origination from the average predicted rate conditional on the commuting zone, borrower LTV, DTI, Loan Amount, Loan Type, and Loan Purpose, and then regularized based on a Bayesian approach to account for smaller sample sizes. Above-average mortgage closing costs were then added to the rate difference at a rate of +0.15/point. Star ratings were determined in intervals of 0.10% in rate difference per half star.
Mortgage Lender Rankings in Other Cities
This page contains information about the top mortgage lenders in the Clarksville, TN area. For mortgage lender rankings in other cities, click here.