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Best Mortgage Refinance Companies in Nashville, TN

Our Recommended Top 5

We did the research for you!

  • Licensing
  • User Reviews
  • Mystery Shopping Calls

Our goal is to connect people with the best local professionals. We scored Nashville mortgage refinance companies on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.

315Reviewed

191Curated

5Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Best Mortgage Refinance Companies Serving Nashville
854 Wren Road, Goodlettsville, TN 37072
Visit WebsiteLicense: 2239

Expertise.com Rating

Review Sources

Facebook
4.5 (55)

Why choose this provider?

HomeRate Mortgage is a home mortgage company servicing clients in the Nashville area and other nearby areas. It tackles cash-out refinance, VA refinance, FHA refinances, streamline refinance, and jumbo refinance. It offers guidelines. You don't need a home appraisal or undergo credit underwriting with the VA refinancing option. The FHA refinance solution help clients renegotiate the terms of their resent loan and reduce interest rates. Most clients get quick closings within a month. HomeRate's team of mortgage professionals and loan experts can help select the right program for local homeowners.

  • Reverse Mortgages
  • NMLS #: 39166

Best Mortgage Refinance Companies Serving Nashville
971 Benders Ferry Road, Mt. Juliet, TN 37122
Visit WebsiteLicense: 249899

Expertise.com Rating

Review Sources

Google
4.9 (35)

Why choose this provider?

Allegiant Mortgage LLC is an independent mortgage broker with over 20 years of experience helping customers find the best mortgage refinance package from a wide range of lenders. Its loan officers can arrange loans for customers whose homes are worth less than their current mortgage, VA IRRRL loans for veterans and those currently serving, and FHA streamline programs for borrowers with an existing FHA loan. Allegiant Mortgage LLC can also arrange USDA loans for homeowners in rural areas.

  • NMLS #: 39166

Best Mortgage Refinance Companies Serving Nashville
510 Lentz Drive, Nashville, TN 37115
Visit WebsiteLicense: 152227

Expertise.com Rating

Review Sources

Google
4.0 (324)
Facebook
5.0 (26)
Yelp
3.5 (3)

Why choose this provider?

Lending Hand Mortgage serves residents in the Nashville area and nearby communities. The company assists clients wanting to purchase homes or refinance their existing loans. It offers different loan programs like adjustable-rate mortgage, VA, FHA, and USDA loans. Moreover, the team of professionals also offers 15-year fixed-rate mortgages and 30-year fixed-rate mortgage options. Established over 15 years ago, Lending Hand Mortgage has an average industry experience of 10 years per member.

  • Residential

Best Mortgage Refinance Companies Serving Nashville
1230 2nd Avenue South, Nashville, TN 37210
Visit WebsiteLicense: 207546

Expertise.com Rating

Review Sources

Facebook
5.0 (36)

Why choose this provider?

United Home Loans is a mortgage company serving clients in and around Nashville. The firm provides a range of loan options for individuals and families, including ARM, FHA, VA, and jumbo loans. It also offers various refinance programs to clients who need funds for home repairs, education expenses, or debt payments. Mortgage professional Mike Dulla founded United Home Loans in 2002. From a small brokerage, his company has grown into a full-fledged mortgage banking operator with over $3 billion in closed loans.

  • Multi-Family Loans
  • Residential

Best Mortgage Refinance Companies Serving Nashville
7100 Commerce Way, Brentwood, TN 37027
Visit WebsiteLicense: 188564

Expertise.com Rating

Why choose this provider?

Kevin Wisdom is a Brentwood-based senior loan officer of Mortgage Investment Group, a Knoxville-based lending company that has been providing financial assistance to Nashville locals and residents in the Southeast since 1989. Wisdom actively assists his clients who are interested in refinancing through a government program. His services include THDA loans for low-income individuals and families, USDA loans for homeowners in rural areas, and FHA streamline programs for mortgage payers with an existing FHA loan.

  • NMLS #: 39166

Compare our Top Mortgage Refinance Companies

NameExpertise RatingAddressPromotionsLearn more
HomeRate Mortgage
854 Wren Road, Goodlettsville, TN 37072
Allegiant Mortgage
971 Benders Ferry Road, Mt. Juliet, TN 37122
Lending Hand Mortgage
510 Lentz Drive, Nashville, TN 37115
United Home Loans
1230 2nd Avenue South, Nashville, TN 37210
Kevin Wisdom
7100 Commerce Way, Brentwood, TN 37027

Nashville, TN Mortgage Refinance FAQs

  • If you're refinancing in Nashville, should you buy points to get a better interest rate?

    If you intend to continue living in the home for more than two years, you should buy points to decrease the rate of interest of your refinancing in Nashville. It is an effective approach to reduce the amount of your monthly payment and may raise the amount that you are able to borrow. However, if you only intend to reside in the home for a year or two, the savings you make every month might not be sufficient to cover the upfront cost of the points.

  • In Nashville, when is the right time to refinance your mortgage?

    Refinancing your mortgage in Nashville is typically a good idea when interest rates are 2% less than the interest rate on your present loan. Even if there is only a 1% or less rate difference, it can still be a good option. For instance, your payment on a $100,000 mortgage at an 8.5% interest rate would be approximately $770, minus taxes and insurance. Your monthly payment would be $700 if the rate were dropped to 7.5%, so you would now be saving $70.

  • When is private mortgage insurance required for Nashville homeowners?

    If a homeowner in Nashville cannot make a deposit of 20 percent on a new house, they must get private mortgage insurance. This serves to reduce the risk associated with the loan that a private lender has granted. If their home has increased in value since they first purchased it, they might be able to get rid of the PMI through refinancing.

  • In Nashville, how long can you lock in a mortgage's interest rate?

    Following the approval of your Nashville mortgage application, you will have the choice to lock in the rate of your mortgage for a period of 30 to 60 days. It is typically possible to extend the rate lock for an extra cost. Remember that your mortgage payment can suddenly go up if interest rates spike while you're applying. To prevent making additional payments, it is recommended to lock in the interest rate.

  • Can Nashville refinance help you pay off your mortgage more quickly?

    Yes. You may be able to speed up the repayment of your mortgage in Nashville by refinancing. You would do this by getting a new loan with modified terms. You can use the funds to pay off your loans with higher interest rates, which would reduce your monthly payments. If you can afford greater monthly payments, you might potentially seek a mortgage with a lower rate of interest and a shorter term, reducing the length of the loan in half.