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Tennessee

Home Mortgage Loans

Get The Lowest Interest Rate On
Home Mortgage Loans in Tennessee.


Whether you are a first time home buyer or trading up to a larger home, we work to find the best Tennessee home mortgage solution for you. Constantly surveying the hundreds of mortgage lenders as well as anonymously testing their staff, we are always aware of the conditions of the home loan market as well as the lenders involved in it.

Best Lender For Tennessee Home Mortgage Loans

Unfortunately, the subprime mortgage crisis has caused dramatic changes in the lending climate. Many lending institutions have suffered tremendous losses and as a result have tightened their lending standards drastically. Whereas it used to be very, very easy to meet the requirements in order to get approved, it is now much more difficult with most lenders. When searching for a home mortgage loan in Tennessee, it is important to find one that not only offers the lowest rates, but also has not tightened lending standards to the point that only a tiny percentage of applicants will qualify. At the top of our list right now is ING DIRECT Tennessee Home Mortgage. They have the lowest rates, a free and easy online application, and they have not been severely hurt by the subprime mortgage crisis.  They are still approving the majority of applications for Tennessee home mortgage loans.

Tennessee Overview & Statistics

State Overview

Tennessee summers are generally hot, with most of the state averaging a high of around 90 F during the summer months. Summer nights tend to be cooler in East Tennessee. Winters tend to be mild to cool, increasing in coolness at higher elevations and in the east. Generally, for areas outside the highest mountains, the average overnight lows are near freezing for most of the state.

While the state is far enough from the coast to avoid any direct impact from a hurricane, the location of the state makes it likely to be impacted from the remnants of tropical cyclones which weaken over land and can cause significant rainfall. The state averages around 50 days of thunderstorms per year, some of which can be quite severe. Tornadoes are possible throughout the state, with West Tennessee slightly more vulnerable. On average, the state has 15 tornadoes per year. Tornadoes in Tennessee can be severe, and Tennessee leads the nation in the percentage of total tornadoes which have fatalities. Winter storms are an occasional problem—made worse by a lack of snow removal equipment and a population which might not be accustomed or equipped to travel in snow—although ice storms are a more likely occurrence. Fog is a persistent problem in parts of the state, especially in much of the Smoky Mountains.

Tennessee was admitted to the Union in 1796 as the 16th state. The state boundaries, according to the Constitution of the State of Tennessee, Article I, Section 31, stated that the beginning point for identifying the boundary was the extreme height of the Stone Mountain, at the place where the line of Virginia intersects it, and basically ran the extreme heights of mountain chains through the Appalachian Mountains separating North Carolina from Tennessee past the Indian towns of Cowee and Old Chota, thence along the main ridge of the said mountain (Unicoi Mountain) to the southern boundary of the state; all the territory, lands and waters lying west of said line are included in the boundaries and limits of the newly formed state of Tennessee. Part of the provision also stated that the limits and jurisdiction of the state would include future land acquisition, referencing possible land trade with other states, or the acquisition of territory from west of the Mississippi River.
 

Tennessee Home Mortgage Loan Resources

Listed below are a variety of resources relating to Tennessee home mortgage loans.

www.state.tn.us

Tennessee First Time Home Buyers Grants

Tennessee First Time Home Buyer Programs

Memphis Home Mortgage

     Memphis Home Mortgages

Nashville Mortgage

     Nashville Home Mortgages

 

   
Housing Not Yet At Bottom
 Real Estate continues to lose value. One expert predicted the subprime financial crisis in 2008 and is now calling for an Economic Depression in 2011 -2012. Learn how he is helping others protect and greatly increase their wealth in spite of the financial crisis. Read more>>>

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