Safe Rate Rankings

Best FHA Mortgage Lenders in Tennessee

Updated May 20, 2026
⚖️ The 4 PsRankings are calculated based on observed lender differences on closed loans across Pricing, Pull-through, Product, and Place.
🛡️ No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.
📊 HMDA 2024Built using publicly available originated loan data from the federal government.
🎯 Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.
Total Lenders361
Total Loans89,791
Median Rate Spread0.31%

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RankLenderOverallPricingProductPull ThroughPlaceAvg FeesRate Spread# of LoansAction
1
Patriot BankBank
Exceptional
Exceptional
Strong
Strong
Exceptional
$1,307Fees
0.022%Below
400
2
Cadence BankBank
Exceptional
Strong
Exceptional
Strong
Exceptional
$2,254Fees
0.049%Above
681
3
Legends BankBank
Exceptional
Strong
Strong
Exceptional
Exceptional
$2,687Fees
0.107%Above
342
4
UNITED WHOLESALE MORTGAGE, LLCIndependent Mortgage Company
Exceptional
Sound
Exceptional
Exceptional
Exceptional
$3,239Fees
0.043%Above
5,664
5
Pinnacle BankBank
Exceptional
Strong
Strong
Strong
Exceptional
$2,351Fees
0.075%Above
1,277
6
PENNYMAC LOAN SERVICES, LLCIndependent Mortgage Company
Exceptional
Strong
Exceptional
Sound
Exceptional
$2,631Fees
0.067%Below
1,245
7
Legacy Home Loans, LLCIndependent Mortgage Company
Exceptional
Strong
Strong
Strong
Exceptional
$1,996Fees
0.144%Above
1,242
8
FREEDOM MORTGAGE CORPORATIONIndependent Mortgage Company
Exceptional
Strong
Exceptional
Strong
Strong
$3,314Fees
0.322%Above
945
9
First Horizon BankBank
Exceptional
Strong
Strong
Strong
Exceptional
$1,604Fees
0.088%Above
891
10
SWBC MORTGAGE CORPORATIONIndependent Mortgage Company
Exceptional
Sound
Exceptional
Exceptional
Exceptional
$2,203Fees
0.237%Above
646
11
ARK-LA-TEX FINANCIAL SERVICES, LLC.Independent Mortgage Company
Exceptional
Strong
Exceptional
Strong
Strong
$2,259Fees
0.321%Above
559
12
Old National BankBank
Exceptional
Exceptional
Strong
Sound
Strong
$1,189Fees
0.075%Above
466
13
The First National Bank of Middle TennesseeBank
Exceptional
Strong
Strong
Strong
Exceptional
$2,553Fees
0.193%Above
371
14
First Citizens National BankBank
Exceptional
Exceptional
Sound
Sound
Exceptional
$1,042Fees
0.024%Below
291
15
LibertyCredit Union
Exceptional
Strong
Exceptional
Strong
Strong
$1,881Fees
0.526%Above
286
16
INTERLINC MORTGAGE SERVICES, LLCIndependent Mortgage Company
Exceptional
Strong
Exceptional
Strong
Strong
$2,842Fees
0.275%Above
197
17
MORTGAGE INVESTORS GROUP, INC.Independent Mortgage Company
Exceptional
Sound
Exceptional
Strong
Exceptional
$2,627Fees
0.221%Above
3,320
18
FirstBankBank
Exceptional
Sound
Exceptional
Strong
Exceptional
$2,165Fees
0.231%Above
1,926
19
LOANDEPOT.COM, LLCIndependent Mortgage Company
Exceptional
Sound
Exceptional
Strong
Exceptional
$2,697Fees
0.045%Above
1,377
20
COMMUNITY MORTGAGE CORPORATIONIndependent Mortgage Company
Exceptional
Sound
Strong
Exceptional
Exceptional
$2,874Fees
0.231%Above
891
21
U.S. Bank National AssociationBank
Exceptional
Strong
Exceptional
Sound
Strong
$1,405Fees
0.145%Above
803
22
VANDERBILT MORTGAGE AND FINANCE, INC.Independent Mortgage Company
Exceptional
Sound
Exceptional
Exceptional
Strong
$2,838Fees
0.092%Above
579
23
Simmons BankBank
Exceptional
Strong
Strong
Strong
Strong
$1,688Fees
0.539%Above
297
24
Fifth Third Bank, National AssociationBank
Exceptional
Strong
Exceptional
Sound
Strong
$955Fees
0.103%Above
256
25
SmartBankBank
Exceptional
Exceptional
Sound
Sound
Strong
$1,241Fees
0.194%Above
245
26
Bank of TennesseeBank
Exceptional
Strong
Strong
Strong
Strong
$2,655Fees
0.235%Above
236
27
GoodLeap, LLCIndependent Mortgage Company
Exceptional
Strong
Exceptional
Sound
Strong
$3,829Fees
0.195%Above
215
28
ROCKET MORTGAGE, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Exceptional
$4,302Fees
0.298%Above
7,212
29
FIRST COMMUNITY MORTGAGE, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Exceptional
$3,431Fees
0.321%Above
2,186
30
Regions BankBank
Strong
Sound
Exceptional
Sound
Exceptional
$1,655Fees
0.392%Above
1,429
31
FAIRWAY INDEPENDENT MORTGAGE CORPORATIONIndependent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Exceptional
$3,843Fees
0.393%Above
1,245
32
Leaders Credit UnionCredit Union
Strong
Sound
Strong
Strong
Exceptional
$1,074Fees
0.308%Above
727
33
Primis Mortgage CompanyIndependent Mortgage Company
Strong
Sound
Strong
Strong
Exceptional
$3,470Fees
0.345%Above
649
34
Renasant BankBank
Strong
Sound
Exceptional
Strong
Strong
$2,823Fees
0.185%Above
516
35
Truist BankBank
Strong
Strong
Strong
Sound
Strong
$1,080Fees
0.138%Above
510
36
Ameris BankBank
Strong
Sound
Exceptional
Strong
Strong
$2,263Fees
0.270%Above
391
37
Flagstar Bank, N.A.Bank
Strong
Sound
Exceptional
Strong
Strong
$2,566Fees
0.301%Above
349
38
THE LOAN STORE, INC.Independent Mortgage Company
Strong
Sound
Exceptional
Strong
Strong
$2,358Fees
0.279%Above
261
39
INSPIRE HOME LOANS INC.Independent Mortgage Company
Strong
Sound
Exceptional
Strong
Strong
$3,981Fees
0.414%Above
226
40
Citizens Bank, National AssociationBank
Strong
Strong
Strong
Sound
Strong
$143Fees
0.108%Above
209
41
FIRST COLONY MORTGAGE CORPORATIONIndependent Mortgage Company
Strong
Sound
Exceptional
Strong
Strong
$2,864Fees
0.278%Above
195
42
CMG MORTGAGE, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Exceptional
$3,492Fees
0.344%Above
3,095
43
MOVEMENT MORTGAGE, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Exceptional
$2,986Fees
0.291%Above
2,263
44
GUARANTEED RATE, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Exceptional
$2,893Fees
0.189%Above
1,333
45
UNION HOME MORTGAGE CORP.Independent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Strong
$3,707Fees
0.384%Above
855
46
NEWREZ LLCIndependent Mortgage Company
Strong
Sound
Exceptional
Sound
Strong
$2,587Fees
0.304%Above
624
47
United Community BankBank
Strong
Sound
Strong
Strong
Strong
$2,082Fees
0.398%Above
264
48
PRIMELENDING, A PLAINSCAPITAL COMPANYIndependent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Strong
$3,879Fees
0.329%Above
195
49
STOCKTON MORTGAGE CORPORATIONIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$3,754Fees
0.372%Above
635
50
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIPIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$4,481Fees
0.492%Above
418

How We Rank Lenders

Our rankings use geometric mean scoring across equally-weighted categories. This rewards lenders who perform consistently well across all metrics, not just excel in one area.

Our Point System (Max 40 Points)

10
Pricing
Rate and fee competitiveness (25%)
10
Pull Through
Reliability in closing loans (25%)
10
Product
Specialization in the loan type (25%)
10
Place
Local market expertise (25%)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.