Mortgage lender closing cost rankings in Tennessee (2024)
In Tennessee, homebuyers paid a median of $6,647 in total closing costs on purchase mortgages in 2024, which is near the national median of $6,741. The median interest rate was 6.62% across 68,953 purchase originations. The most active lender was UNITED WHOLESALE MORTGAGE, LLC with 3,993 originations. The lowest-cost lender (with 50+ loans) was Commercial Bank at $0.
Median Total Costs
$6,647
−1.4% vs national ($6,741)
Median Rate
6.620%
+0.0% vs national (6.620%)
Median Origination
$2,411
Purchase Originations
68,953
By loan type
| Loan type | Volume | Median Rate | Median Total Costs |
|---|---|---|---|
| conventional | 42,604 | 6.625% | $5,366 |
| fha | 15,589 | 6.375% | $11,181 |
| va | 9,251 | 6.250% | $6,454 |
| usda | 1,509 | 6.375% | $7,193 |
Lowest closing cost lenders in Tennessee
Ranked by median total loan costs among lenders with 50+ purchase originations in Tennessee.
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $0 | 6.500% | $0 | 82 | −$6,647 | |
| 2 | $2 | 6.625% | $0 | 100 | −$6,645 | |
| 3 | $300 | 7.750% | $0 | 77 | −$6,347 | |
| 4 | $416 | 6.375% | $0 | 87 | −$6,231 | |
| 5 | $2,052 | 6.375% | $0 | 275 | −$4,595 | |
| 6 | $2,160 | 7.900% | $848 | 104 | −$4,487 | |
| 7 | $2,857 | 6.100% | $815 | 121 | −$3,790 | |
| 8 | $3,232 | 5.990% | $0 | 1,872 | −$3,415 | |
| 9 | $3,479 | 6.250% | $595 | 252 | −$3,168 | |
| 10 | $3,486 | 6.500% | $1,034 | 179 | −$3,161 | |
| 11 | $3,526 | 6.900% | $1,400 | 173 | −$3,121 | |
| 12 | $3,547 | 6.625% | $0 | 577 | −$3,100 | |
| 13 | $3,626 | 6.625% | $35 | 556 | −$3,021 | |
| 14 | $3,636 | 6.375% | $0 | 137 | −$3,011 | |
| 15 | $3,694 | 6.125% | $0 | 747 | −$2,953 | |
| 16 | $3,720 | 6.500% | $1,090 | 93 | −$2,927 | |
| 17 | $3,925 | 6.625% | $1,390 | 78 | −$2,722 | |
| 18 | $3,930 | 6.750% | $899 | 89 | −$2,717 | |
| 19 | $4,000 | 8.150% | $1,967 | 73 | −$2,647 | |
| 20 | $4,017 | 6.500% | $1,296 | 776 | −$2,630 | |
| 21 | $4,040 | 6.990% | $1,495 | 58 | −$2,607 | |
| 22 | $4,118 | 6.625% | $1,100 | 331 | −$2,529 | |
| 23 | $4,139 | 6.500% | $645 | 104 | −$2,508 | |
| 24 | $4,142 | 6.990% | $625 | 68 | −$2,505 | |
| 25 | $4,143 | 5.500% | $0 | 110 | −$2,504 |
Includes lenders with 50+ purchase originations in Tennessee. Source: HMDA 2024. Sorted by median total loan costs.
Rankings by county
Davidson County
7,451 originations
Shelby County
5,611 originations
Knox County
5,530 originations
Rutherford County
4,419 originations
Hamilton County
4,049 originations
Montgomery County
3,751 originations
Williamson County
3,134 originations
Sumner County
2,788 originations
Wilson County
2,286 originations
Sullivan County
1,581 originations
Maury County
1,577 originations
Blount County
1,421 originations
Washington County
1,316 originations
Robertson County
1,035 originations
Bradley County
1,014 originations
Anderson County
802 originations
Loudon County
760 originations
Madison County
723 originations
Greene County
680 originations
Roane County
669 originations
Putnam County
667 originations
Dickson County
653 originations
Fayette County
635 originations
Coffee County
604 originations
Sevier County
599 originations
Hamblen County
583 originations
Bedford County
565 originations
Jefferson County
560 originations
Cheatham County
548 originations
McMinn County
529 originations
Tipton County
528 originations
Cumberland County
522 originations
Monroe County
438 originations
Hawkins County
436 originations
Carter County
430 originations
Marshall County
428 originations
Franklin County
424 originations
Gibson County
393 originations
Warren County
368 originations
Lawrence County
346 originations
Lincoln County
299 originations
Rhea County
294 originations
White County
275 originations
Macon County
274 originations
Campbell County
273 originations
Dyer County
253 originations
Marion County
246 originations
Grainger County
240 originations
DeKalb County
237 originations
Giles County
233 originations
Union County
228 originations
Cocke County
216 originations
Hickman County
206 originations
Smith County
200 originations
Henry County
189 originations
Hardin County
189 originations
Claiborne County
181 originations
Overton County
176 originations
Fentress County
175 originations
Carroll County
174 originations
Weakley County
164 originations
Sequatchie County
159 originations
Henderson County
158 originations
McNairy County
157 originations
Humphreys County
155 originations
Cannon County
152 originations
Obion County
149 originations
Morgan County
145 originations
Stewart County
137 originations
Benton County
128 originations
Trousdale County
125 originations
Lauderdale County
120 originations
Polk County
120 originations
Unicoi County
119 originations
Lewis County
116 originations
Meigs County
114 originations
Hardeman County
110 originations
Chester County
104 originations
See Tennessee closing cost details, fee benchmarks, and county comparisons → Tennessee Closing Costs Guide
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HMDA data shows industry-wide medians. Your actual quote may differ. Upload your Closing Disclosure or Loan Estimate to see exactly where your fees stand — and get a ready-to-send negotiation email.
Data source: HMDA Modified Loan Application Register 2024, published by the Consumer Financial Protection Bureau (CFPB).
Statistics reflect originated first-lien purchase mortgages on owner-occupied principal residences. Medians exclude loans with exempt or unreported fee disclosures. Learn more at ffiec.cfpb.gov.