Top Mortgage Lenders in Dyersburg, TN

Which mortgage lender in the Dyersburg, TN area typically has the best rates? To help you narrow down where to shop for a mortgage, we provide a data driven ranking of mortgage lenders in the Dyersburg, TN area by interest rate and market share. We use data on all fixed rate mortgages that were closed in the past year to generate our rankings. We do not receive any compensation from lenders and strive to provide the most objective and authoritative ranking possible.

Based on our data, the cheapest overall lender in the Dyersburg, TN area is Regions Bank, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.07%. This means that Regions Bank provided a -0.07% lower interest rate for its customers than other lenders in Dyersburg, TN for a similar set of borrowers. Regions Bank has a market share of 22.3%. On the other hand, the most popular lender in the market is First Citizens National Bank, with a market share of 25.8%. First Citizens National Bank is an average rate lender in this area, with a “Rate Difference” of +0.02% relative to those of other lenders.

Our detailed rankings of the mortgage lenders for the Dyersburg, TN area is shown in the table below. In the table, we also give our assessment of whether they are, on average, a cheap/expensive lender through a star rating system. You can choose to tailor our ranking table to a specific mortgage type (Conventional/Jumbo/FHA/VA) and purpose (purchase/refinance) through the drop-down menu. For example, the cheapest lender for Conventional mortgages in Dyersburg, TN is Leaders Credit Union. If you want to take out a loan that is above conforming limits (for example, above $510,400 in 2020), the cheapest Jumbo mortgage provider is First Citizens National Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Regions Bank. The cheapest VA mortgage provider is Quicken Loans. Nevertheless, to get the lowest rate for your mortgage, we would suggest shopping and negotiating among several of our top ranked lenders for your desired mortgage type and purpose.

Ranking of Mortgage Lenders in Dyersburg, TN

Mortgage Type:
Purchase/Refinance:
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Regions Bank 1, -0.07% 22.31%
Leaders Credit Union 2, -0.06% 8.52%
Quicken Loans 3, -0.00% 18.26%
First Citizens National Bank 4, 0.02% 25.76%
Simmons Bank 5, 0.06% 25.15%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Regions Bank 1, -0.06% 27.96%
Leaders Credit Union 2, -0.02% 9.21%
Simmons Bank 3, 0.02% 26.32%
First Citizens National Bank 4, 0.03% 25.00%
Quicken Loans 5, 0.05% 11.51%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Leaders Credit Union 1, -0.12% 7.41%
Regions Bank 2, -0.07% 13.23%
Quicken Loans 3, -0.05% 29.10%
First Citizens National Bank 4, 0.00% 26.98%
Simmons Bank 5, 0.14% 23.28%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Leaders Credit Union 1, -0.10% 8.49%
Regions Bank 2, -0.06% 16.67%
Quicken Loans 3, -0.04% 11.64%
First Citizens National Bank 4, 0.02% 31.76%
Simmons Bank 5, 0.06% 31.45%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Leaders Credit Union 1, -0.07% 7.98%
Regions Bank 2, -0.04% 19.63%
Simmons Bank 3, -0.00% 34.36%
Quicken Loans 4, 0.00% 5.52%
First Citizens National Bank 5, 0.04% 32.52%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Leaders Credit Union 1, -0.13% 9.03%
Regions Bank 2, -0.09% 13.55%
Quicken Loans 3, -0.07% 18.06%
First Citizens National Bank 4, -0.00% 30.97%
Simmons Bank 5, 0.13% 28.39%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Regions Bank 1, -0.09% 27.41%
First Citizens National Bank 2, -0.01% 15.56%
Leaders Credit Union 3, 0.04% 11.11%
Simmons Bank 4, 0.04% 14.81%
Quicken Loans 5, 0.06% 31.11%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Regions Bank 1, -0.10% 30.36%
First Citizens National Bank 2, -0.01% 17.86%
Leaders Credit Union 3, 0.04% 13.39%
Simmons Bank 4, 0.05% 17.86%
Quicken Loans 5, 0.10% 20.54%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, -0.00% 82.61%
First Citizens National Bank 2, 0.01% 4.35%
Regions Bank 3, 0.03% 13.04%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Citizens National Bank 1, 0.00% 100.00%
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Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Citizens National Bank 1, 0.00% 100.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, -0.01% 28.21%
First Citizens National Bank 2, -0.01% 10.26%
Simmons Bank 3, -0.01% 10.26%
Regions Bank 4, 0.01% 51.28%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Simmons Bank 1, -0.02% 13.79%
First Citizens National Bank 2, -0.02% 10.34%
Quicken Loans 3, -0.01% 10.34%
Regions Bank 4, 0.01% 65.52%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, -0.00% 80.00%
First Citizens National Bank 2, 0.00% 10.00%
Regions Bank 3, 0.01% 10.00%

* Data is compiled for the Dyersburg, TN commuting zone area, which comprises of counties of Fulton County, KY, Hickman County, KY, Dyer County, TN, Lake County, TN, Obion County, TN, and Weakley County, TN. This includes cities/towns/communities of Dyersburg, TN as well as Martin, TN, Union City, TN, Newbern, TN, Dresden, TN, Troy, TN, Hornbeak, TN, Woodland Mills, TN, South Fulton, TN, Gleason, TN, Greenfield, TN, Sharon, TN, Ridgely, TN, Rives, TN, Columbus, KY, Fulton, KY, Tiptonville, TN, Kenton, TN, and Hickman, KY. Lenders must have made at least 30 loans in the area to be included. Source for the data comes from Federal Financial Institutions Examination Council (FFIEC). Rate Difference (the average difference of interest rates relative to those of other lenders) were computed by subtracting the rate at origination from the average predicted rate based on the MSA, borrower LTV, DTI, Loan Amount, Loan Type, and Loan Purpose, and then regularized based on a Bayesian approach to account for smaller sample sizes. Above-average mortgage closing costs were then added to the rate difference at a rate of +0.15/point. Star ratings were determined in intervals of 0.10% in rate difference per half star.

Mortgage Lender Rankings for Other Cities

This page ranks the top mortgage lenders in the Dyersburg, TN area. For mortgage lender rankings of other cities, click here.