Which mortgage lender in the Johnson City, TN area typically has the best rates? To help you narrow down where to shop for a mortgage, MortgageWaldo.com provides an objective and data driven ranking of mortgage lenders operating in the Johnson City, TN area by interest rate and market share. We maintain our independence by not accepting any compensation from the mortgage lenders we rank, and use data on all fixed rate mortgages that were closed in the past year to generate our rankings.
Going by historical data, the best mortgage lender in the Johnson City, TN area in terms of interest rate is Knoxville TVA Employees Credit Union, with an average “Rate Difference” of -0.23%. This means that, comparing similar borrowers, Knoxville TVA Employees Credit Union provided a -0.23% lower interest rate for its customers than other lenders in the area. Knoxville TVA Employees Credit Union has a market share of 0.7%. On the other hand, the most popular lender in the Johnson City, TN area is Eastman Credit Union, with a larger market share of 33.1%. Eastman Credit Union is an average lender in terms of the interest rate it offers, with a “Rate Difference” of +0.10% compared to those of other lenders in this area.
Our detailed ranking of mortgage lenders in the Johnson City, 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, going by historical data, the cheapest lender for Conventional mortgages in Johnson City, TN is Knoxville TVA Employees Credit Union. If you want to take out a loan that is above conforming limits (above $548,250 or $822,375 depending on the area in 2021), the cheapest Jumbo mortgage provider is First Horizon Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Guaranty Home Mortgage Corporation. The cheapest VA mortgage provider is Navy Federal Credit Union. Note that as a consumer advocate we always recommend shopping among several of our top ranked lenders in order to get the best rates and fees.
Ranking of Mortgage Lenders in Johnson City, TN
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Guaranty Home Mortgage Corporation | -0.13% | 1.39% | |
| Quicken Loans | -0.12% | 17.76% | |
| Atlantic Bay Mortgage Group | -0.10% | 3.64% | |
| Caliber Home Loans | -0.06% | 2.60% | |
| Movement Mortgage | -0.05% | 6.76% | |
| Fairway Independent Mortgage Corporation | -0.05% | 5.03% | |
| Carrington Mortgage Services | -0.04% | 1.73% | |
| Towne Mortgage Company | -0.04% | 0.43% | |
| Lakeview Loan Servicing | -0.03% | 1.65% | |
| Bank of Tennessee | -0.03% | 1.91% | |
| PennyMac Loan Services | -0.02% | 0.78% | |
| US Bank | -0.02% | 0.17% | |
| Regions Bank | -0.01% | 0.69% | |
| Navy Federal Credit Union | -0.01% | 0.09% | |
| loanDepot | -0.01% | 3.29% | |
| Mortgage Investors Group | -0.01% | 16.81% | |
| SunTrust Bank | 0.00% | 0.09% | |
| Gateway First Bank | 0.01% | 0.87% | |
| Eastman Credit Union | 0.01% | 0.17% | |
| Freedom Mortgage Corporation | 0.01% | 2.69% | |
| Wells Fargo Bank | 0.02% | 0.09% | |
| Mr. Cooper | 0.04% | 2.60% | |
| Success Mortgage Partners | 0.05% | 1.30% | |
| PRMG Mortgage | 0.09% | 2.08% | |
| Benchmark | 0.11% | 5.63% | |
| Cardinal Financial Company | 0.14% | 19.76% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Guaranty Home Mortgage Corporation | -0.15% | 1.83% | |
| Atlantic Bay Mortgage Group | -0.13% | 4.34% | |
| Quicken Loans | -0.11% | 7.66% | |
| Caliber Home Loans | -0.09% | 2.97% | |
| Movement Mortgage | -0.07% | 8.46% | |
| Fairway Independent Mortgage Corporation | -0.07% | 6.51% | |
| loanDepot | -0.06% | 2.51% | |
| Towne Mortgage Company | -0.06% | 0.57% | |
| PennyMac Loan Services | -0.06% | 0.23% | |
| Bank of Tennessee | -0.06% | 2.17% | |
| Mr. Cooper | -0.05% | 1.14% | |
| US Bank | -0.04% | 0.23% | |
| Regions Bank | -0.03% | 0.91% | |
| Carrington Mortgage Services | -0.03% | 0.34% | |
| Gateway First Bank | -0.03% | 0.69% | |
| Navy Federal Credit Union | -0.03% | 0.11% | |
| Mortgage Investors Group | -0.03% | 21.26% | |
| Freedom Mortgage Corporation | -0.02% | 2.17% | |
| Eastman Credit Union | -0.02% | 0.11% | |
| Wells Fargo Bank | -0.00% | 0.11% | |
| Success Mortgage Partners | 0.04% | 1.49% | |
| PRMG Mortgage | 0.08% | 2.51% | |
| Benchmark | 0.09% | 6.86% | |
| Cardinal Financial Company | 0.13% | 24.80% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Quicken Loans | -0.08% | 49.46% | |
| Carrington Mortgage Services | 0.01% | 6.09% | |
| Lakeview Loan Servicing | 0.03% | 6.81% | |
| Success Mortgage Partners | 0.04% | 0.72% | |
| PennyMac Loan Services | 0.05% | 2.51% | |
| Bank of Tennessee | 0.05% | 1.08% | |
| Movement Mortgage | 0.06% | 1.43% | |
| Atlantic Bay Mortgage Group | 0.06% | 1.43% | |
| SunTrust Bank | 0.06% | 0.36% | |
| Mortgage Investors Group | 0.07% | 2.87% | |
| PRMG Mortgage | 0.07% | 0.72% | |
| Fairway Independent Mortgage Corporation | 0.07% | 0.36% | |
| Eastman Credit Union | 0.08% | 0.36% | |
| Caliber Home Loans | 0.08% | 1.43% | |
| Cardinal Financial Company | 0.09% | 3.94% | |
| Gateway First Bank | 0.10% | 1.43% | |
| Freedom Mortgage Corporation | 0.10% | 4.30% | |
| loanDepot | 0.10% | 5.73% | |
| Benchmark | 0.11% | 1.79% | |
| Mr. Cooper | 0.13% | 7.17% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| First Horizon Bank | -0.05% | 36.07% | |
| Wells Fargo Bank | 0.00% | 3.28% | |
| Knoxville TVA Employees Credit Union | 0.00% | 1.64% | |
| Farm Credit Mid-America | 0.01% | 18.03% | |
| Towne Mortgage Company | 0.01% | 1.64% | |
| Bank of Tennessee | 0.01% | 1.64% | |
| US Bank | 0.01% | 1.64% | |
| Mortgage Investors Group | 0.03% | 1.64% | |
| Eastman Credit Union | 0.05% | 34.43% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| First Horizon Bank | -0.05% | 45.45% | |
| Wells Fargo Bank | 0.01% | 4.55% | |
| Knoxville TVA Employees Credit Union | 0.01% | 2.27% | |
| Farm Credit Mid-America | 0.02% | 18.18% | |
| Towne Mortgage Company | 0.02% | 2.27% | |
| US Bank | 0.02% | 2.27% | |
| Mortgage Investors Group | 0.03% | 2.27% | |
| Eastman Credit Union | 0.08% | 22.73% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| First Horizon Bank | -0.04% | 11.76% | |
| Farm Credit Mid-America | -0.02% | 17.65% | |
| Bank of Tennessee | -0.01% | 5.88% | |
| Eastman Credit Union | 0.01% | 64.71% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Navy Federal Credit Union | -0.17% | 5.71% | |
| USAA | -0.15% | 11.13% | |
| Lakeview Loan Servicing | -0.10% | 2.28% | |
| loanDepot | -0.07% | 5.56% | |
| Wells Fargo Bank | -0.06% | 1.43% | |
| Guaranty Home Mortgage Corporation | -0.05% | 2.71% | |
| PennyMac Loan Services | -0.05% | 2.43% | |
| Atlantic Bay Mortgage Group | -0.04% | 1.00% | |
| Caliber Home Loans | -0.04% | 4.28% | |
| Success Mortgage Partners | -0.03% | 1.00% | |
| PRMG Mortgage | -0.02% | 2.14% | |
| First Horizon Bank | -0.02% | 0.14% | |
| Truist Bank | -0.02% | 0.43% | |
| Bank of Tennessee | -0.01% | 1.28% | |
| Gateway First Bank | -0.01% | 0.86% | |
| Towne Mortgage Company | -0.01% | 0.29% | |
| Mortgage Investors Group | -0.01% | 6.42% | |
| SunTrust Bank | -0.00% | 0.43% | |
| US Bank | 0.00% | 0.14% | |
| Regions Bank | 0.01% | 0.86% | |
| Movement Mortgage | 0.01% | 3.28% | |
| Fairway Independent Mortgage Corporation | 0.01% | 4.85% | |
| Carrington Mortgage Services | 0.01% | 2.14% | |
| Freedom Mortgage Corporation | 0.02% | 2.57% | |
| Mr. Cooper | 0.03% | 1.57% | |
| Eastman Credit Union | 0.05% | 4.28% | |
| Benchmark | 0.06% | 7.42% | |
| Quicken Loans | 0.08% | 13.12% | |
| Cardinal Financial Company | 0.20% | 10.27% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Navy Federal Credit Union | -0.20% | 7.36% | |
| USAA | -0.17% | 14.94% | |
| Wells Fargo Bank | -0.07% | 2.30% | |
| loanDepot | -0.06% | 1.15% | |
| Guaranty Home Mortgage Corporation | -0.06% | 4.14% | |
| Atlantic Bay Mortgage Group | -0.05% | 1.61% | |
| Gateway First Bank | -0.04% | 0.92% | |
| Success Mortgage Partners | -0.03% | 1.38% | |
| Caliber Home Loans | -0.03% | 4.60% | |
| Freedom Mortgage Corporation | -0.02% | 1.61% | |
| First Horizon Bank | -0.02% | 0.23% | |
| Bank of Tennessee | -0.02% | 1.61% | |
| Truist Bank | -0.02% | 0.23% | |
| PennyMac Loan Services | -0.01% | 0.69% | |
| Towne Mortgage Company | -0.01% | 0.23% | |
| Mortgage Investors Group | -0.01% | 9.66% | |
| US Bank | -0.00% | 0.23% | |
| Fairway Independent Mortgage Corporation | 0.00% | 6.44% | |
| SunTrust Bank | 0.00% | 0.46% | |
| Regions Bank | 0.00% | 1.15% | |
| Movement Mortgage | 0.01% | 4.60% | |
| Mr. Cooper | 0.03% | 1.15% | |
| Carrington Mortgage Services | 0.03% | 0.46% | |
| PRMG Mortgage | 0.04% | 1.38% | |
| Quicken Loans | 0.04% | 4.14% | |
| Eastman Credit Union | 0.07% | 4.60% | |
| Benchmark | 0.11% | 8.28% | |
| Cardinal Financial Company | 0.23% | 14.48% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Lakeview Loan Servicing | -0.09% | 6.02% | |
| loanDepot | -0.07% | 12.78% | |
| USAA | -0.06% | 4.89% | |
| Caliber Home Loans | -0.06% | 3.76% | |
| PRMG Mortgage | -0.06% | 3.38% | |
| PennyMac Loan Services | -0.06% | 5.26% | |
| Benchmark | -0.05% | 6.02% | |
| Navy Federal Credit Union | -0.05% | 3.01% | |
| Cardinal Financial Company | -0.02% | 3.38% | |
| Success Mortgage Partners | -0.01% | 0.38% | |
| Truist Bank | -0.01% | 0.75% | |
| Towne Mortgage Company | -0.01% | 0.38% | |
| SunTrust Bank | -0.01% | 0.38% | |
| Guaranty Home Mortgage Corporation | -0.01% | 0.38% | |
| Mortgage Investors Group | -0.00% | 1.13% | |
| Bank of Tennessee | 0.00% | 0.75% | |
| Movement Mortgage | 0.00% | 1.13% | |
| Regions Bank | 0.00% | 0.38% | |
| Carrington Mortgage Services | 0.01% | 4.89% | |
| Eastman Credit Union | 0.02% | 3.76% | |
| Gateway First Bank | 0.04% | 0.75% | |
| Mr. Cooper | 0.04% | 2.26% | |
| Fairway Independent Mortgage Corporation | 0.05% | 2.26% | |
| Freedom Mortgage Corporation | 0.05% | 4.14% | |
| Quicken Loans | 0.09% | 27.82% |
* Data is compiled for the Johnson City, TN commuting zone area, which comprises of counties of Carter County, TN, Greene County, TN, Hawkins County, TN, Sullivan County, TN, Unicoi County, TN, Washington County, TN, Scott County, VA, Smyth County, VA, Washington County, VA, and Bristol city, VA. This includes cities/towns/communities of Johnson City, TN as well as Kingsport, TN, Bristol, TN, Elizabethton, TN, Greeneville, TN, Jonesborough, TN, Abingdon, VA, Colonial Heights, TN, Telford, TN, Mount Carmel, TN, Bristol, VA, Fall Branch, TN, Spurgeon, TN, Erwin, TN, Church Hill, TN, Blountville, TN, Tusculum, TN, Mosheim, TN, Rogersville, TN, Surgoinsville, TN, Hunter, TN, Bloomingdale, TN, Spurgeon, TN, Bluff City, TN, Oak Grove, TN, Marion, VA, Walnut Hill, TN, Unicoi, TN, Mooresburg, TN, Damascus, VA, Chilhowie, VA, Roan Mountain, TN, Fall Branch, TN, Bulls Gap, TN, Glade Spring, VA, Baileyton, TN, Adwolf, VA, Weber City, VA, Gate City, VA, Duffield, VA, Saltville, VA, Central, TN, Nickelsville, VA, Atkins, VA, Emory, VA, Watauga, TN, Sugar Grove, VA, and Dungannon, VA. Lenders must have made at least 30 loans in the area to be included. Source of the data is 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 conditional on the commuting zone, 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 in Other Cities
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