Top Mortgage Lenders in Morristown, TN

Which mortgage lender in the Morristown, TN area typically has the best rates? To help you narrow down where to shop for a mortgage, provides an objective and data driven ranking of mortgage lenders operating in the Morristown, 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 Morristown, TN area in terms of interest rate is Knoxville TVA Employees Credit Union, with an average “Rate Difference” of -0.34%. This means that, comparing similar borrowers, Knoxville TVA Employees Credit Union provided a -0.34% lower interest rate for its customers than other lenders in the area. Knoxville TVA Employees Credit Union has a market share of 7.7%. On the other hand, the most popular lender in the Morristown, TN area is Mortgage Investors Group, with a larger market share of 23.5%. Mortgage Investors Group is an average lender in terms of the interest rate it offers, with a “Rate Difference” of -0.02% compared to those of other lenders in this area.

Our detailed ranking of mortgage lenders in the Morristown, 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 Morristown, TN is Knoxville TVA Employees Credit Union. 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 Wells Fargo Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Mortgage Investors Group. The cheapest VA mortgage provider is Navy Federal Credit Union. 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 Morristown, TN

Mortgage Type:
Lender NameRate DifferenceRate RatingMarket Share
Knoxville TVA Employees Credit Union-0.34%(5.0)7.72%
ORNL Federal Credit Union-0.22%(4.5)2.99%
Home Federal Bank of Tennessee-0.21%(4.5)1.35%
JPMorgan Chase Bank-0.08%(4.0)1.50%
Navy Federal Credit Union-0.04%(3.5)1.14%
Guaranty Home Mortgage Corporation-0.04%(3.5)2.76%
Truist Bank-0.04%(3.5)1.09%
Mortgage Investors Group-0.02%(3.5)23.53%
US Bank-0.01%(3.5)4.43%
PennyMac Loan Services0.01%(3.5)1.26%
Movement Mortgage0.01%(3.5)1.67%
Home Point Financial Corporation0.01%(3.5)0.97%
Wells Fargo Bank0.01%(3.5)2.14%
FirstBank TN0.01%(3.5)1.00%
Carrington Mortgage Services0.02%(3.5)1.00%
First Horizon Bank0.02%(3.5)0.94%
SunTrust Bank0.02%(3.5)1.00%
CMG Financial0.02%(3.5)4.96%
Academy Mortgage Corporation Utah0.03%(3.5)1.20%
New American Funding0.04%(3.5)2.38%
Crescent Mortgage Company0.06%(3.0)1.85%
Regions Bank0.06%(3.0)1.67%
Caliber Home Loans0.07%(3.0)1.76%
Gateway First Bank0.07%(3.0)3.05%
Bank of England AR0.08%(3.0)1.06%
Farm Credit Mid-America0.10%(3.0)1.20%
Mr. Cooper0.12%(3.0)1.20%
Bay Equity Home Loans0.14%(3.0)1.85%
Integrity Mortgage Group0.15%(2.5)1.12%
Cardinal Financial Company0.15%(2.5)2.96%
Quicken Loans0.16%(2.5)11.00%
Lender NameRate DifferenceRate RatingMarket Share
ORNL Federal Credit Union-0.27%(5.0)2.58%
Knoxville TVA Employees Credit Union-0.24%(4.5)4.70%
Home Federal Bank of Tennessee-0.16%(4.5)0.81%
JPMorgan Chase Bank-0.13%(4.0)1.45%
US Bank-0.07%(4.0)2.58%
Truist Bank-0.06%(4.0)1.36%
Wells Fargo Bank-0.06%(4.0)2.35%
Navy Federal Credit Union-0.06%(4.0)1.58%
Guaranty Home Mortgage Corporation-0.04%(3.5)2.17%
SunTrust Bank-0.04%(3.5)0.77%
Mortgage Investors Group-0.02%(3.5)31.57%
Movement Mortgage-0.00%(3.5)1.94%
PennyMac Loan Services-0.00%(3.5)0.59%
FirstBank TN-0.00%(3.5)0.95%
CMG Financial0.00%(3.5)6.24%
Home Point Financial Corporation0.01%(3.5)0.68%
First Horizon Bank0.01%(3.5)1.00%
Academy Mortgage Corporation Utah0.02%(3.5)1.67%
Carrington Mortgage Services0.02%(3.5)0.27%
Regions Bank0.03%(3.5)1.72%
New American Funding0.03%(3.5)3.17%
Crescent Mortgage Company0.04%(3.5)1.81%
Mr. Cooper0.05%(3.0)0.50%
Caliber Home Loans0.07%(3.0)1.99%
Gateway First Bank0.07%(3.0)3.62%
Bank of England AR0.11%(3.0)1.13%
Farm Credit Mid-America0.11%(3.0)1.58%
Quicken Loans0.13%(3.0)6.15%
Bay Equity Home Loans0.14%(3.0)2.53%
Integrity Mortgage Group0.14%(3.0)1.72%
Cardinal Financial Company0.18%(2.5)3.66%
Lender NameRate DifferenceRate RatingMarket Share
Knoxville TVA Employees Credit Union-0.39%(5.0)13.28%
Home Federal Bank of Tennessee-0.24%(4.5)2.34%
ORNL Federal Credit Union-0.15%(4.0)3.76%
Guaranty Home Mortgage Corporation-0.04%(3.5)3.84%
Mortgage Investors Group-0.01%(3.5)8.69%
JPMorgan Chase Bank-0.00%(3.5)1.59%
Navy Federal Credit Union0.01%(3.5)0.33%
Farm Credit Mid-America0.01%(3.5)0.50%
PennyMac Loan Services0.02%(3.5)2.51%
Home Point Financial Corporation0.02%(3.5)1.50%
Bank of England AR0.03%(3.5)0.92%
Carrington Mortgage Services0.03%(3.5)2.34%
Cardinal Financial Company0.03%(3.5)1.67%
Academy Mortgage Corporation Utah0.03%(3.5)0.33%
US Bank0.03%(3.5)7.85%
Movement Mortgage0.04%(3.5)1.17%
FirstBank TN0.04%(3.5)1.09%
First Horizon Bank0.05%(3.5)0.84%
Truist Bank0.05%(3.5)0.58%
Bay Equity Home Loans0.05%(3.5)0.58%
Caliber Home Loans0.05%(3.0)1.34%
New American Funding0.06%(3.0)0.92%
Gateway First Bank0.06%(3.0)2.01%
Crescent Mortgage Company0.08%(3.0)1.92%
SunTrust Bank0.09%(3.0)1.42%
CMG Financial0.09%(3.0)2.59%
Regions Bank0.13%(3.0)1.59%
Mr. Cooper0.16%(2.5)2.51%
Wells Fargo Bank0.18%(2.5)1.75%
Quicken Loans0.19%(2.5)19.97%
Lender NameRate DifferenceRate RatingMarket Share
Knoxville TVA Employees Credit Union-0.33%(5.0)11.09%
ORNL Federal Credit Union-0.22%(4.5)4.17%
Home Federal Bank of Tennessee-0.21%(4.5)1.94%
JPMorgan Chase Bank-0.09%(4.0)1.94%
New American Funding-0.06%(4.0)1.52%
Truist Bank-0.04%(3.5)1.43%
Guaranty Home Mortgage Corporation-0.02%(3.5)1.94%
US Bank-0.01%(3.5)5.69%
Movement Mortgage0.00%(3.5)1.69%
Carrington Mortgage Services0.01%(3.5)0.25%
Mortgage Investors Group0.02%(3.5)22.89%
Wells Fargo Bank0.02%(3.5)2.70%
First Horizon Bank0.02%(3.5)1.10%
CMG Financial0.02%(3.5)3.29%
Academy Mortgage Corporation Utah0.02%(3.5)0.76%
FirstBank TN0.03%(3.5)1.14%
SunTrust Bank0.03%(3.5)1.39%
Home Point Financial Corporation0.03%(3.5)0.59%
PennyMac Loan Services0.04%(3.5)0.67%
Crescent Mortgage Company0.06%(3.0)2.28%
Gateway First Bank0.07%(3.0)2.87%
Regions Bank0.07%(3.0)2.02%
Caliber Home Loans0.08%(3.0)1.81%
Farm Credit Mid-America0.11%(3.0)1.69%
Bank of England AR0.11%(3.0)1.01%
Cardinal Financial Company0.14%(3.0)1.81%
Navy Federal Credit Union0.14%(3.0)0.51%
Bay Equity Home Loans0.15%(3.0)1.77%
Integrity Mortgage Group0.17%(2.5)1.39%
Mr. Cooper0.19%(2.5)0.80%
Quicken Loans0.23%(2.5)11.09%
Lender NameRate DifferenceRate RatingMarket Share
ORNL Federal Credit Union-0.28%(5.0)3.78%
Knoxville TVA Employees Credit Union-0.23%(4.5)7.03%
Home Federal Bank of Tennessee-0.15%(4.5)1.22%
JPMorgan Chase Bank-0.14%(4.0)1.96%
US Bank-0.09%(4.0)2.97%
New American Funding-0.07%(4.0)2.16%
Truist Bank-0.06%(4.0)1.89%
Wells Fargo Bank-0.06%(4.0)3.04%
Guaranty Home Mortgage Corporation-0.06%(4.0)1.69%
SunTrust Bank-0.04%(3.5)1.15%
Movement Mortgage-0.02%(3.5)1.96%
CMG Financial-0.01%(3.5)3.92%
PennyMac Loan Services-0.00%(3.5)0.54%
First Horizon Bank0.01%(3.5)1.22%
FirstBank TN0.01%(3.5)1.01%
Academy Mortgage Corporation Utah0.02%(3.5)1.08%
Mortgage Investors Group0.02%(3.5)30.34%
Home Point Financial Corporation0.03%(3.5)0.47%
Carrington Mortgage Services0.03%(3.5)0.14%
Regions Bank0.04%(3.5)2.03%
Mr. Cooper0.04%(3.5)0.20%
Crescent Mortgage Company0.05%(3.5)2.30%
Gateway First Bank0.06%(3.0)3.31%
Caliber Home Loans0.08%(3.0)2.03%
Farm Credit Mid-America0.12%(3.0)2.30%
Navy Federal Credit Union0.13%(3.0)0.81%
Bank of England AR0.15%(2.5)1.08%
Bay Equity Home Loans0.15%(2.5)2.64%
Quicken Loans0.16%(2.5)6.55%
Integrity Mortgage Group0.16%(2.5)2.23%
Cardinal Financial Company0.17%(2.5)2.16%
Lender NameRate DifferenceRate RatingMarket Share
Knoxville TVA Employees Credit Union-0.39%(5.0)17.83%
Home Federal Bank of Tennessee-0.24%(4.5)3.14%
ORNL Federal Credit Union-0.15%(4.0)4.82%
Mortgage Investors Group-0.01%(3.5)10.54%
JPMorgan Chase Bank0.00%(3.5)1.91%
Farm Credit Mid-America0.01%(3.5)0.67%
Carrington Mortgage Services0.01%(3.5)0.45%
Guaranty Home Mortgage Corporation0.02%(3.5)2.35%
Bank of England AR0.03%(3.5)0.90%
Cardinal Financial Company0.03%(3.5)1.23%
Academy Mortgage Corporation Utah0.03%(3.5)0.22%
Bay Equity Home Loans0.04%(3.5)0.34%
New American Funding0.04%(3.5)0.45%
US Bank0.04%(3.5)10.20%
Home Point Financial Corporation0.04%(3.5)0.78%
FirstBank TN0.04%(3.5)1.35%
Movement Mortgage0.05%(3.5)1.23%
First Horizon Bank0.05%(3.5)0.90%
Truist Bank0.05%(3.0)0.67%
Caliber Home Loans0.06%(3.0)1.46%
Gateway First Bank0.08%(3.0)2.13%
PennyMac Loan Services0.09%(3.0)0.90%
Crescent Mortgage Company0.09%(3.0)2.24%
SunTrust Bank0.10%(3.0)1.79%
CMG Financial0.11%(3.0)2.24%
Regions Bank0.14%(3.0)2.02%
Wells Fargo Bank0.20%(2.5)2.13%
Mr. Cooper0.24%(2.5)1.79%
Quicken Loans0.29%(2.0)18.61%
Lender NameRate DifferenceRate RatingMarket Share
Mortgage Investors Group-0.08%(4.0)32.30%
Guaranty Home Mortgage Corporation-0.08%(4.0)4.74%
FirstBank TN-0.03%(3.5)0.89%
CMG Financial-0.02%(3.5)9.04%
Quicken Loans-0.02%(3.5)10.96%
Home Point Financial Corporation-0.00%(3.5)1.93%
PennyMac Loan Services0.01%(3.5)1.19%
Crescent Mortgage Company0.01%(3.5)0.30%
US Bank0.02%(3.5)1.19%
Regions Bank0.02%(3.5)0.74%
Movement Mortgage0.02%(3.5)1.48%
Carrington Mortgage Services0.03%(3.5)2.96%
Academy Mortgage Corporation Utah0.03%(3.5)2.37%
Bank of England AR0.03%(3.5)1.78%
Caliber Home Loans0.05%(3.5)1.19%
Integrity Mortgage Group0.07%(3.0)0.59%
Mr. Cooper0.07%(3.0)2.67%
Gateway First Bank0.09%(3.0)4.00%
Bay Equity Home Loans0.12%(3.0)2.96%
New American Funding0.13%(3.0)5.48%
Cardinal Financial Company0.19%(2.5)6.52%
Lender NameRate DifferenceRate RatingMarket Share
Mortgage Investors Group-0.09%(4.0)40.98%
FirstBank TN-0.04%(3.5)0.98%
Guaranty Home Mortgage Corporation-0.03%(3.5)3.14%
CMG Financial-0.03%(3.5)10.98%
Home Point Financial Corporation-0.01%(3.5)1.37%
PennyMac Loan Services-0.01%(3.5)0.39%
Crescent Mortgage Company0.01%(3.5)0.39%
US Bank0.01%(3.5)1.37%
Movement Mortgage0.02%(3.5)1.96%
Regions Bank0.02%(3.5)0.78%
Carrington Mortgage Services0.02%(3.5)0.78%
Academy Mortgage Corporation Utah0.03%(3.5)3.14%
Bank of England AR0.03%(3.5)1.76%
Caliber Home Loans0.05%(3.5)1.57%
Mr. Cooper0.06%(3.0)1.18%
Quicken Loans0.06%(3.0)4.31%
Integrity Mortgage Group0.06%(3.0)0.78%
Gateway First Bank0.09%(3.0)4.71%
Bay Equity Home Loans0.13%(3.0)3.14%
New American Funding0.14%(3.0)6.08%
Cardinal Financial Company0.22%(2.5)7.25%
Lender NameRate DifferenceRate RatingMarket Share
Guaranty Home Mortgage Corporation-0.12%(4.0)9.70%
Quicken Loans-0.04%(3.5)31.52%
Home Point Financial Corporation0.02%(3.5)3.64%
PennyMac Loan Services0.02%(3.5)3.64%
Gateway First Bank0.02%(3.5)1.82%
Regions Bank0.02%(3.5)0.61%
Mortgage Investors Group0.03%(3.5)5.45%
FirstBank TN0.03%(3.5)0.61%
US Bank0.03%(3.5)0.61%
Carrington Mortgage Services0.03%(3.5)9.70%
Cardinal Financial Company0.03%(3.5)4.24%
Bank of England AR0.04%(3.5)1.82%
Bay Equity Home Loans0.05%(3.0)2.42%
CMG Financial0.06%(3.0)3.03%
New American Funding0.07%(3.0)3.64%
Mr. Cooper0.07%(3.0)7.27%
Lender NameRate DifferenceRate RatingMarket Share
Wells Fargo Bank-0.07%(4.0)16.67%
US Bank-0.01%(3.5)16.67%
ORNL Federal Credit Union0.00%(3.5)7.14%
Regions Bank0.00%(3.5)4.76%
JPMorgan Chase Bank0.00%(3.5)9.52%
Farm Credit Mid-America0.01%(3.5)2.38%
Quicken Loans0.01%(3.5)4.76%
First Horizon Bank0.01%(3.5)14.29%
CMG Financial0.01%(3.5)2.38%
Mortgage Investors Group0.04%(3.5)11.90%
Caliber Home Loans0.07%(3.0)7.14%
Lender NameRate DifferenceRate RatingMarket Share
Wells Fargo Bank-0.07%(4.0)20.59%
US Bank-0.02%(3.5)14.71%
JPMorgan Chase Bank0.00%(3.5)5.88%
Regions Bank0.00%(3.5)5.88%
Farm Credit Mid-America0.01%(3.5)2.94%
First Horizon Bank0.01%(3.5)11.76%
Quicken Loans0.01%(3.5)5.88%
CMG Financial0.01%(3.5)2.94%
ORNL Federal Credit Union0.02%(3.5)2.94%
Mortgage Investors Group0.04%(3.5)14.71%
Caliber Home Loans0.08%(3.0)8.82%
Lender NameRate DifferenceRate RatingMarket Share
ORNL Federal Credit Union-0.01%(3.5)25.00%
US Bank-0.00%(3.5)25.00%
JPMorgan Chase Bank-0.00%(3.5)25.00%
First Horizon Bank0.01%(3.5)25.00%
Lender NameRate DifferenceRate RatingMarket Share
Navy Federal Credit Union-0.14%(4.0)8.46%
Mortgage Investors Group-0.06%(4.0)11.29%
Guaranty Home Mortgage Corporation-0.05%(3.5)5.02%
PennyMac Loan Services-0.04%(3.5)5.96%
Home Point Financial Corporation-0.02%(3.5)1.88%
Regions Bank-0.01%(3.5)0.63%
Carrington Mortgage Services-0.00%(3.5)2.51%
Caliber Home Loans0.00%(3.5)1.88%
SunTrust Bank0.01%(3.5)0.31%
FirstBank TN0.01%(3.5)0.31%
US Bank0.01%(3.5)0.31%
Truist Bank0.01%(3.5)0.94%
JPMorgan Chase Bank0.01%(3.5)0.31%
Crescent Mortgage Company0.01%(3.5)2.19%
Integrity Mortgage Group0.01%(3.5)0.31%
Academy Mortgage Corporation Utah0.01%(3.5)2.19%
Movement Mortgage0.02%(3.5)2.19%
Wells Fargo Bank0.02%(3.5)0.63%
Bay Equity Home Loans0.03%(3.5)0.31%
Quicken Loans0.04%(3.5)11.29%
Mr. Cooper0.04%(3.5)1.25%
New American Funding0.05%(3.5)2.51%
Gateway First Bank0.06%(3.0)2.82%
Cardinal Financial Company0.09%(3.0)4.39%
CMG Financial0.11%(3.0)9.09%
Lender NameRate DifferenceRate RatingMarket Share
Navy Federal Credit Union-0.17%(4.5)12.30%
Mortgage Investors Group-0.07%(4.0)18.72%
Home Point Financial Corporation-0.01%(3.5)0.53%
PennyMac Loan Services-0.01%(3.5)1.60%
Regions Bank-0.01%(3.5)1.07%
Guaranty Home Mortgage Corporation-0.01%(3.5)3.74%
Caliber Home Loans-0.00%(3.5)1.60%
Truist Bank0.00%(3.5)1.07%
FirstBank TN0.00%(3.5)0.53%
US Bank0.00%(3.5)0.53%
JPMorgan Chase Bank0.01%(3.5)0.53%
Integrity Mortgage Group0.01%(3.5)0.53%
Academy Mortgage Corporation Utah0.01%(3.5)2.67%
Crescent Mortgage Company0.02%(3.5)2.14%
Quicken Loans0.02%(3.5)8.02%
Bay Equity Home Loans0.02%(3.5)0.53%
Mr. Cooper0.04%(3.5)1.07%
Movement Mortgage0.04%(3.5)2.14%
New American Funding0.05%(3.5)3.74%
Gateway First Bank0.07%(3.0)3.74%
Cardinal Financial Company0.11%(3.0)6.42%
CMG Financial0.12%(3.0)12.30%
Lender NameRate DifferenceRate RatingMarket Share
Guaranty Home Mortgage Corporation-0.08%(4.0)6.82%
PennyMac Loan Services-0.04%(3.5)12.12%
Navy Federal Credit Union-0.02%(3.5)3.03%
Home Point Financial Corporation-0.01%(3.5)3.79%
Cardinal Financial Company-0.00%(3.5)1.52%
Crescent Mortgage Company-0.00%(3.5)2.27%
Movement Mortgage0.00%(3.5)2.27%
Carrington Mortgage Services0.00%(3.5)6.06%
Caliber Home Loans0.00%(3.5)2.27%
SunTrust Bank0.01%(3.5)0.76%
Academy Mortgage Corporation Utah0.01%(3.5)1.52%
Truist Bank0.01%(3.5)0.76%
Mortgage Investors Group0.02%(3.5)0.76%
Gateway First Bank0.02%(3.5)1.52%
Wells Fargo Bank0.03%(3.5)1.52%
New American Funding0.04%(3.5)0.76%
Mr. Cooper0.04%(3.5)1.52%
CMG Financial0.05%(3.5)4.55%
Quicken Loans0.05%(3.0)15.91%

* Data is compiled for the Morristown, TN commuting zone area, which comprises of counties of Cocke County, TN, Grainger County, TN, Hamblen County, TN, Hancock County, TN, Jefferson County, TN, and Sevier County, TN. This includes cities/towns/communities of Morristown, TN as well as Sevierville, TN, Pigeon Forge, TN, Seymour, TN, Dandridge, TN, Gatlinburg, TN, Jefferson City, TN, Pittman Center, TN, Fairgarden, TN, Newport, TN, White Pine, TN, Bean Station, TN, Rutledge, TN, Blaine, TN, New Market, TN, Sneedville, TN, and Parrottsville, TN. 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

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