Lowest closing cost mortgage lenders in Madison County County, Tennessee
In Madison County, Tennessee, homebuyers paid a median of $5,628 in closing costs in 2024 — below the Tennessee median of $6,647. The county saw 723 purchase mortgages at a median rate of 6.62%. Among lenders with 10+ originations, MORTGAGE RESEARCH CENTER, LLC offered the lowest median costs at $2,058, which is $3,774 less than the county median.
Homebuyers in Madison County County who chose MORTGAGE RESEARCH CENTER, LLC paid $3,570 less in closing costs than the county median.
County Median Costs
$5,628
−15.3% vs Tennessee ($6,647)
Median Rate
6.620%
+0.0% vs national (6.620%)
Median Origination
$1,684
Purchase Originations
723
vs Tennessee Median
15.3% below
$-1,019
vs National Median
16.5% below
$-1,113
Lender rankings in Madison County County
11 lenders with 10+ originations, ranked by median total loan costs.
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,843 | 6.875% | $1,398 | 110 | −$1,126 | |
| 2 | $4,146 | 6.688% | $1,452 | 18 | +$177 | |
| 3 | $4,314 | 6.750% | $1,810 | 23 | +$345 | |
| 4 | $4,790 | 6.562% | $2,461 | 18 | +$821 | |
| 5 | $4,873 | 6.624% | $2,597 | 38 | +$904 | |
| 6 | $5,456 | 6.125% | $2,959 | 14 | +$1,487 | |
| 7 | $6,522 | 6.750% | $4,448 | 13 | +$2,553 |
Includes lenders with 10+ purchase originations in Madison County County. Source: HMDA 2024. Sorted by median total loan costs.
View detailed closing cost breakdowns and user reviews for lenders in Tennessee → Lender Directory
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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.