Tennessee Jumbo Mortgage Loans, Home Equity Loans, FHA Home Loans, Conventional Mortgages & More

Tennessee Mortgage Loan Programs

FHA HOME LOANS

  • 30, 25, 20 & 15 YEAR TERMS - ALL FIXED RATES
  • PURCHASE LOANS
    • Up To 96.5% Financing
    • Down Payment Can Be A Gift From A Relative
    • Seller Can Pay Up To 6% of Buyer's Closing Costs & Prepaids
  • REFINANCE LOANS
    • Up To 85% of the Value of Your Home
  • RATE/TERM REFINANCE ONLY LOANS
    • Up To 97.75% Of The Value Of Your Home
    • Max Loan Amount is $271,000.00 on All FHA Programs
  • What is a FHA Home Loan?

RURAL DEVELOPMENT LOANS

  • 30 & 15 YEAR TERMS - ALL FIXED RATES
  • PURCHASE LOANS ONLY
  • 100% FINANCING
  • SELLER CAN PAY UP TO 6% OF BUYER'S CLOSING COSTS & PREPAIDS
  • HOME MUST BE LOCATED IN APPROVED RURAL DEVELOPMENT AREA - (Check With Universal Mortgage To See If Your New Home Qualifies)

CONVENTIONAL HOME LOANS

  • 30, 20,15 & 10 YEAR TERMS - ALL FIXED RATES
  • PURCHASE LOANS
    • Up To 95% Financing
  • CASHOUT REFINANCE
    • Up To 85% Of The Value Of Your Home
    • Must Have Minimum 620 Credit Score
    • Loan Amounts Up To $417,000.00
  • RATE / TERM REFINANCE
    • Up To 95% Of The Value Of Your Home

DOUBLE WIDE MOBILE HOME LOAN W/LAND

  • 30, 25, 20 & 15 YEAR TERMS - ALL FIXED RATES
  • FHA LOANS ONLY
  • PURCHASE LOANS
    • Up To 96.5%
    • Down Payment Can Be Gift From A Relative
    • Seller Can Pay Up To 6% Of Buyer's Closing Costs & Prepaids
  • CASH OUT REFINANCE
  • Up To 85% Of The Value Of Your Home
  • RATE / TERM REFINANCE
  • Up To 97.75% Of Value Of Your Home

DEBT CONSOLIDATION LOANS

  • SEE FHA & CONVENTIONAL CASHOUT & REFINANCE DESCRIPTIONS

PURCHASE

  • SEE FHA & CONVENTIONAL & RURAL DEVELOPMNT DESCRIPTIONS

JUMBO MORTGAGE LOANS

  • PURCHASE LOANS
    • Up To 90% Of Purchase Price
  • RATE / TERM REFINANCE
    • Up To 90% Of The Value Of Your Home
  • CASH OUT REFINANCE
    • Up To 60% Of The Value Of Your Home
  • What is a Jumbo Mortgage Loan?

2ND HOME LOANS

  • PURCHASE LOANS
    • Up To 85% of Purchase Price
  • RATE / TERM REFINANCE LOANS
    • Up To 85% Of The Value Of Your Home
    • CASH OUT REFINANCE LOANS
  • Up To 75% Of The Value Of Your Home

INVESTMENT PROPERTY LOANS

  • PURCHASE LOANS
    • Up To 85% Of Purchase Price
  • RATE / TERM REFINANCE
    • Up To 75% Of The Value Of The Home
  • CASH OUT REFINANCE
    • Up To 75% Of The Value Of The Home