First Time Home Buyers

No-Cost Appraisals on All Conventional Loans Until December 31, 2018!
(all conventional loans will receive an appraisal credit of $525 at closing)

We understand that the home buying process can be overwhelming for first time home buyers. Below is some basic information to help you understand the home loan options available to you. We will work with you to design the best home loan for your specific needs, so that you can get into your very first home quickly and seamlessly! We are happy to answer any questions you have about the mortgage lending process – call us at 865-392-5450 or click here to email one of our mortgage professionals

Conventional Loans:

  • Down Payment as low as 3%
  • Reduce or even eliminate monthly Mortgage Insurance
  • Usually faster, easier, and with a lower monthly payment than FHA
  • Use gift funds for your entire down payment

FHA Loans:

  • Credit Scores starting at 600 FICO  
  • Great low rates
  • Close in as little as 30 days
  • Sellers may contribute up to 6% towards your closing fees

USDA Loans:

  • Purchase a Rural Home With 100% financing – No Down Payment!
  • Seller credits may help pay for closing fees

 VA Loans: 

  • Available to veterans, active service members, and their eligible spouses
  • 100% financing – No Down Payment 
  • Low interest rates
  • Does not require monthly mortgage insurance 

Check out our mortgage calculator to help you calculate your ideal mortgage payment.