Top Mortgage Lenders in the Fairfield Glade, TN area

Which mortgage lender in the Fairfield Glade, 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 Fairfield Glade, 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 Fairfield Glade, TN area is Mortgage Investors Group, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.08%. This means that Mortgage Investors Group provided a -0.08% lower interest rate for its customers than other lenders in Fairfield Glade, TN for a similar set of borrowers. Mortgage Investors Group has a market share of 35.4%. It is also the most popular lender in the area.

Our detailed rankings of the mortgage lenders for the Fairfield Glade, 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 Fairfield Glade, TN is Mortgage Investors Group. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Flagstar Bank. The cheapest VA mortgage provider is Flagstar Bank. To get the lowest rate for your mortgage, we would suggest shopping and negotiating among several of our top ranked lenders by “Rate Rank” for your desired mortgage type and purpose.

Mortgage Type:
Purchase/Refinance:
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Mortgage Investors Group 1, -0.08% 35.42%
Us Bank 2, -0.03% 5.90%
Flagstar Bank 3, -0.02% 7.93%
FirstBank 4, 0.03% 6.09%
Regions Bank 5, 0.05% 9.23%
Quicken Loans 6, 0.07% 25.09%
VanDyk Mortgage Corporation 7, 0.09% 10.33%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Mortgage Investors Group 1, -0.06% 41.57%
Flagstar Bank 2, -0.04% 9.34%
Us Bank 3, -0.02% 4.52%
FirstBank 4, 0.00% 5.72%
Regions Bank 5, 0.04% 6.33%
Quicken Loans 6, 0.08% 16.57%
VanDyk Mortgage Corporation 7, 0.10% 15.96%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Mortgage Investors Group 1, -0.13% 25.71%
Us Bank 2, -0.05% 8.10%
Flagstar Bank 3, 0.02% 5.71%
VanDyk Mortgage Corporation 4, 0.03% 1.43%
Quicken Loans 5, 0.06% 38.57%
Regions Bank 6, 0.06% 13.81%
FirstBank 7, 0.07% 6.67%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Mortgage Investors Group 1, -0.10% 38.89%
Us Bank 2, -0.03% 8.20%
Flagstar Bank 3, 0.03% 3.44%
FirstBank 4, 0.04% 7.67%
Regions Bank 5, 0.06% 11.90%
Quicken Loans 6, 0.09% 23.81%
VanDyk Mortgage Corporation 7, 0.13% 6.08%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Mortgage Investors Group 1, -0.07% 47.44%
Us Bank 2, -0.02% 6.51%
FirstBank 3, 0.01% 6.98%
Flagstar Bank 4, 0.03% 3.26%
Regions Bank 5, 0.05% 7.91%
Quicken Loans 6, 0.09% 18.14%
VanDyk Mortgage Corporation 7, 0.14% 9.77%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Mortgage Investors Group 1, -0.15% 27.61%
Us Bank 2, -0.05% 10.43%
Flagstar Bank 3, 0.04% 3.68%
VanDyk Mortgage Corporation 4, 0.04% 1.23%
Regions Bank 5, 0.06% 17.18%
FirstBank 6, 0.08% 8.59%
Quicken Loans 7, 0.08% 31.29%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Flagstar Bank 1, -0.06% 20.20%
Mortgage Investors Group 2, -0.05% 29.29%
FirstBank 3, 0.01% 4.04%
Regions Bank 4, 0.02% 1.01%
Quicken Loans 5, 0.03% 22.22%
VanDyk Mortgage Corporation 6, 0.09% 23.23%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Mortgage Investors Group 1, -0.06% 31.71%
Flagstar Bank 2, -0.06% 23.17%
FirstBank 3, 0.01% 4.88%
Regions Bank 4, 0.02% 1.22%
Quicken Loans 5, 0.06% 12.20%
VanDyk Mortgage Corporation 6, 0.09% 26.83%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, -0.01% 70.59%
Flagstar Bank 2, 0.01% 5.88%
Mortgage Investors Group 3, 0.01% 17.65%
VanDyk Mortgage Corporation 4, 0.02% 5.88%
Insufficient data available.
Insufficient data available.
Insufficient data available.
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Flagstar Bank 1, -0.04% 15.38%
Regions Bank 2, -0.02% 6.15%
Us Bank 3, -0.01% 1.54%
Quicken Loans 4, 0.00% 36.92%
Mortgage Investors Group 5, 0.01% 24.62%
VanDyk Mortgage Corporation 6, 0.02% 15.38%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Flagstar Bank 1, -0.07% 14.29%
Regions Bank 2, -0.03% 8.57%
Us Bank 3, -0.02% 2.86%
Quicken Loans 4, 0.00% 17.14%
VanDyk Mortgage Corporation 5, 0.01% 28.57%
Mortgage Investors Group 6, 0.03% 28.57%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Mortgage Investors Group 1, -0.03% 20.00%
Flagstar Bank 2, -0.00% 16.67%
Quicken Loans 3, 0.01% 60.00%
Regions Bank 4, 0.01% 3.33%

* Data is compiled for the Fairfield Glade, TN commuting zone area, which comprises of counties of Cumberland County, TN, and Fentress County, TN. This includes cities/towns/communities of Fairfield Glade, TN as well as Crossville, TN, Lake Tansi, TN, Bowman, TN, Grimsley, TN, Pleasant Hill, TN, Allardt, TN, Crab Orchard, TN, and Jamestown, TN. 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.

FB Comments