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2024

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Best Mortgage Brokers in Chattanooga, TN

Our Recommended Top 13

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 Chattanooga Mortgage Brokers on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.

54Reviewed

37Curated

13Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

3230 East Broadway Road Suite B-220, Phoenix, AZ 85040
WebsiteLicense: 1951574

Expertise.com Rating

Review Sources

Google
5.0 (875)
Facebook
4.9 (151)
Zillow
5.0 (85)

Why choose this provider?

Agave Home Loans is a brokerage catering to the Chattanooga area. It helps customers find and compare mortgage programs, including fixed-rate loans with 8- to 30-year terms, VA, FHA, and non-QM loans, and refinancing options from a variety of lenders. The mortgage specialists at Agave focus on providing thorough education and communicating clear expectations to inform clients' decisions throughout the loan process. Marshall Gottlieb and Doug Wang, the co-owners, have backgrounds in hospitality, finance, and business communications.

  • Multi-Family Loans

6116 Shallowford Road, Chattanooga, TN 37421

Expertise.com Rating

Review Sources

Google
5.0 (26)

Why choose this provider?

Bank of England Mortgage opened its Chattanooga office to the public in 2018. The company offers mortgage financing for primary homes in the Chattanooga area and finances investment properties and vacation homes in East Tennessee and North Georgia. The team of loan officers can help borrowers acquire conventional, FHA, VA, USDA, and jumbo loans. More than that, clients can also apply for renovation loans for all types of properties and bond loans for primary residences.

  • Refinance

7213 Noah Reid Road, Chattanooga, TN 37421
WebsiteLicense: 1228391

Expertise.com Rating

Review Sources

Facebook
3.0 (837)
Google
4.0 (13)

Why choose this provider?

Movement Mortgage is a mortgage bank in Chattanooga established in 2008. Sherri Boland, Loan Officer, and her team can give their clients a walk-through in the process of home buying, movement, and building or renovating their homes. The loan products offered are conventional, renovation refinances, USDA, and new construction loans. The company has more than 650 locations across 50 states, including Florida, Alabama, and Georgia. Inc. Magazine recognized it as the fastest-growing mortgage bank in the United States.

  • Refinance
  • Commercial Loans
  • Multi-Family Loans

118 Lee Parkway Drive, Chattanooga, TN 37421
WebsiteLicense: 166874

Expertise.com Rating

Review Sources

Zillow
5.0 (25)
Yelp
5.0 (1)

Why choose this provider?

Rick Wamsley is a Southwest Funding loan originator and branch manager that helps clients in Chattanooga and the surrounding areas with their mortgage needs. For clients buying a home for the first time or in need of refinancing for an existing mortgage, Rick provides guidance throughout the application to the closing process. He offers loan programs like conventional, FHA, jumbo, and VA loans, as well as reverse mortgages. Southwest Funding has handled 50,000 loan closings.

  • Home Purchase
  • Refinance

1129 Baldwin Street, Chattanooga, TN 37403
WebsiteLicense: 1670270

Expertise.com Rating

Review Sources

Google
5.0 (190)
Facebook
5.0 (10)

Why choose this provider?

Casey Bryant is a mortgage consultant with Benchmark Home Loans. He is based in Chattanooga and is licensed in both Tennessee and Georgia. He works closely with new home buyers to obtain loans that help them in achieving their dream homes. He also looks into clients' home equity to determine if they qualify for a cashout that they can use to purchase a new home or refinance any existing mortgage loans. Casey specializes in assisting veterans to access VA home loan options for a home purchase or renovation projects.

  • Refinance

1290 Premier Drive, Chattanooga, TN 37421
WebsiteLicense: 181537

Expertise.com Rating

Review Sources

Google
4.0 (27)
Facebook
5.0 (4)

Why choose this provider?

Vickie Phillips is a mortgage broker serving Chattanooga for over 24 years. She helps individuals and families simplify the mortgage process and procures tailored programs that suit their unique needs and goals. With the use of advanced mortgaging systems and access to a wide selection of loan products, she provides customized loan options that match each client. She has been awarded a top producer for several years and is an active member of the Chattanooga Association of Realtors and the Chattanooga Mortgage Banker's Association.

  • New Construction
  • Refinance

201 West Main Street, Chattanooga, TN 37408
Website

Expertise.com Rating

Review Sources

Google
5.0 (1)

Why choose this provider?

VA Home Loans Chattanooga TN - VA Mortgage Tennessee - VA Refinance Loans is a mortgage company that provides solutions to the financing needs of communities surrounding the Chattanooga area. It offers veteran home loans, VA home mortgage, VA home improvement financing, and VA mortgage refinancing services that come with adjustable interest rates. It assists clients in setting their goals and guides them through the process. The company also simplifies loan rates modifications and offers a cash-out refinance option.

  • Multi-Family Loans
  • Refinance
  • Commercial Loans

1200 Premier Drive, Chattanooga, TN 37421
WebsiteLicense: 546267

Expertise.com Rating

Review Sources

Facebook
5.0 (2)
Google
5.0 (1)

Why choose this provider?

Patty Becknell is a loan originator serving the Chattanooga area. She assists clients in processing loans for home purchases and refinancing. Patty offers FHA, VA, and jumbo loans as well as adjustable-rate mortgages. She also provides renovation loans, refinancing options, and relocation programs. Her previous clients have lauded her for her prompt response to queries and continuous guidance throughout the entire loan process. Patty works at PrimeLending, a national mortgage lender that has been in the industry for over three decades.

  • New Construction
  • Refinance

411 Spears Avenue, Chattanooga, TN 37405
WebsiteLicense: 2239

Expertise.com Rating

Review Sources

Facebook
4.0 (77)
Yelp
3.0 (5)

Why choose this provider?

HomeRate Mortgage is a mortgage brokerage that serves clients in Chattanooga. The company offers a wide range of loan options for homebuyers and homeowners, including conventional loans, jumbo loans, reverse mortgages, FHA loans, cash-out refinance, and streamline refinance. It also assists in requesting loan estimates from various loan providers and assessing fees associated with mortgage loans. HomeRate Mortgage has more than 20 years of experience serving the area. The loan specialists from this company can speak Spanish.

  • New Construction
  • Refinance

6111 Shallowford Road, Chattanooga, TN 37421
WebsiteLicense: 1820250

Expertise.com Rating

Review Sources

Google
4.0 (115)

Why choose this provider?

Platinum Financial Funding is a residential mortgage lending company based in Chattanooga. It provides the community with multiple home loan options, including FHA, VA, USDA, jumbo, adjustable-rate, and fixed-rate mortgages. In addition, its team of loans officers also offers mortgage solutions for first-time homebuyers and individuals with minimal credit scores through Home Possible and HomeReady programs. A division of Member First Mortgage LLC, Platinum Financial Funding has been serving families in the area since 2008.

  • New Construction

6413 Lee Highway, Chattanooga, TN 37421
WebsiteLicense: 104460

Expertise.com Rating

Review Sources

Google
5.0 (1)
Facebook
5.0 (1)

Why choose this provider?

Jeff Woodburn is a broker with Integrity Mortgage Group that serves Chattanooga and the neighboring cities in Tennessee. He offers a wide variety of loan products, including conventional, jumbo, FHA/VA, and USDA rural development mortgages. Clients can consult with him to determine a loan program that would suit their needs according to a variety of factors such as payment certainty, equity buildup, and anticipated term of occupancy. Jeff Woodburn can also assist with refinancing to shorten his clients' mortgages or lower their existing interest rates.

  • Refinance

6576 East Brainerd Road, Chattanooga, TN 37421
WebsiteLicense: 112281

Expertise.com Rating

Review Sources

Google
4.0 (24)
Facebook
5.0 (2)

Why choose this provider?

Mortgage South assists Chattanooga residents with converting their home equity to cash. Its mortgage specialists work with homeowners aged 62 and older, helping them evaluate whether reverse mortgages fit their situations and guiding them through the qualification and application processes. Nathan Guerrero, the company's president, has been providing reverse mortgage assistance to homeowners since 2005. As a loan officer, he has originated loans with the largest industry lenders. In addition, he consults with elder law attorneys and financial planners about clients' retirement plans.

  • Reverse Mortgages

101a East Patton Street, LaFayette, GA 30728
WebsiteLicense: 590243

Expertise.com Rating

Review Sources

Facebook
4.4 (201)
Zillow
5.0 (10)

Why choose this provider?

Shain Davis is a mortgage banker at the Atlantic Bay Mortgage Group. She entered the mortgage and banking industry in 1993. Davis helps diverse clientele and has extensive experience in helping members of the military, first-time homebuyers, luxury homebuyers, and borrowers purchasing rural properties. She guides and advises her clients from the start of the loan process until its closing. Atlantic Bay Mortgage Group has provided loan products and customer service for over 24 years.

  • Refinance

Compare our Top Mortgage Brokers

NameExpertise RatingAddressPromotionsLearn more
Agave Home Loans
3230 East Broadway Road Suite B-220, Phoenix, AZ 85040
Bank of England Mortgage
6116 Shallowford Road, Chattanooga, TN 37421
Movement Mortgage
7213 Noah Reid Road, Chattanooga, TN 37421
Rick Wamsley
118 Lee Parkway Drive, Chattanooga, TN 37421
Casey Bryant
1129 Baldwin Street, Chattanooga, TN 37403
Vickie Phillips
1290 Premier Drive, Chattanooga, TN 37421
VA Home Loans Chattanooga TN - VA Mortgage Tennessee - VA Refinance Loans
201 West Main Street, Chattanooga, TN 37408
Patty Becknell
1200 Premier Drive, Chattanooga, TN 37421
HomeRate Mortgage - Chattanooga
411 Spears Avenue, Chattanooga, TN 37405
Platinum Financial Funding
6111 Shallowford Road, Chattanooga, TN 37421
Jeff Woodburn
6413 Lee Highway, Chattanooga, TN 37421
Mortgage South
6576 East Brainerd Road, Chattanooga, TN 37421
Shain Davis
101a East Patton Street, LaFayette, GA 30728

FAQs

  • Introduction

    It’s the American dream to buy property, and almost everyone who purchases a home does so with the help of a mortgage broker. It can be intimidating when you don’t know where to begin, what information is necessary, and how to receive a loan. A mortgage broker acts as an intermediary between the applicant and the financial institution.


    The mortgage broker’s role includes comparing loan terms across lenders to find applicants the best options, collecting paperwork the financial institution needs to analyze the application, and guiding the buyer through the underwriting and closing processes. Mortgage brokers can significantly simplify the home buying process.

  • Can mortgage brokers work across state lines?

    Yes, mortgage brokers can work across state lines. However, each state has different licensing requirements for mortgage brokers. Customers should ensure their broker can legally work in another state before going across state lines. Lastly, don’t forget the mortgage process is often time-sensitive, so being in different time zones can be problematic.

  • How do mortgage brokers find lenders?

    Mortgage brokers work independently and act as a bridge between the client and the lender. They reach out to several lenders to form a network and build professional relationships with those they work with often. They use lenders who best meet a client's rates and terms, and some lenders only do business through mortgage brokers.  

  • What credit score do mortgage brokers use?

    There are two credit scoring models in the United States: FICO and VantageScore. Mortgage lenders typically prefer to use FICO. However, each credit bureau uses a different version of the FICO score:

    • Experian uses FICO Score 2
    • Equifax uses FICO Score 5
    • TransUnion uses FICO Score 4

  • Do mortgage brokers help with refinancing?

    Yes, mortgage brokers can help with refinancing. Individuals who have a solid credit score will typically go to their bank to refinance their mortgage. However, if you don't have excellent credit, a mortgage broker may be able to secure you a better interest rate than you could get on your own.

    You pay a fee to the mortgage broker, so you'll want to consider this fee versus your savings in your cost-benefit analysis.
  • Can you work with two mortgage brokers?

    You can definitely work with two mortgage brokers. The advantage of using multiple brokers is that you'll have two people reaching out to several lenders to secure the best rate possible. However, you must ensure you provide matching information to all your brokers. If two brokers provide mismatched information about your application to the same lender, it can send off red flags and delay your approval process.

  • Do mortgage brokers get better deals?

    Yes, a mortgage broker should be able to get you a better deal. Mortgage brokers go to several lenders on your behalf and find the one with the best terms and interest rates. However, note that some mortgage brokers have preferred lenders. A broker may bring you their preferred lender's offer, even if it's not the best one; however, this isn't a regular practice.