Compare Top Mortgage Lenders
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Quicken Loans
Authorized Partner
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Learn More | Read More | |
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Rocket Mortgage
Authorized Partner
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Learn More (800) 762-5471 | Read More | |
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AmeriSave
Authorized Partner
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Learn More | Read More | |
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HomeDirect
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This direct lender is a division of Bank of Oklahoma Financial. It uses the latest technology like an online automated application system to help clients get the money and information they need as efficiently as possible. |
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How to choose a neighborhood and mortgage loan in Nashville
From 2017 to 2018, home prices in Nashville grew by an average of $13,000, or four percent, according to Trulia. However, due to Nashville’s diverse neighborhoods, home price tags can vary. Average house prices for popular Nashville neighborhoods are below.
| Location | Average home price |
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| Green Hills | $763,268 |
| Zermatt Ave / Old Hickory Blvd | $361,678 |
| Donelson / Merry Oaks | $224,001 |
| Cane Ridge | $264,450 |
| Shelby Ave / S 10th St | $394,322 |
In addition to location, the value of Nashville homes is based on factors such as:
- Year of construction
- Structural integrity
- Square footage
- School districts
- Interior amenities, such as appliances
The total cost of your chosen house will help determine which type of mortgage loan you’ll need. Common loan types in Nashville include FHA loans, RD loans, VA loans, conventional loans and more. Several of these loans can only be used in certain neighborhoods.
Here’s a look at some of the most desirable neighborhoods in Nashville:
East Nashville
As Nashville’s population rose to 667,560 in 2017, so did East Nashville’s housing costs. Prices here are now $340,000 to $400,000, rising 34 percent in just four years. East Nashville is home to a great arts and culinary scene along with several up-and-coming tech companies. The area is also in close proximity to downtown Nashville. Townhouses and condos here accommodate first-time homebuyers using FHA loans.
Woodmont Blvd/Lealand Lane
The Woodmont area has houses averaging around $531,000, making it one of Nashville’s more expensive neighborhoods. The close proximity to areas such as 12 South, Green Hills and Belmont University make this area attractive to homebuyers. However, first-time homebuyers should look elsewhere as properties here are quite expensive.
Cane Ridge
Those who prefer not to be too close to the city will find Cane Ridge appealing. Houses in this area are on the market for around $264,450, on average. The neighborhood has a diverse group of residents and housing options, making the variety attractive for homebuyers.
Once you find your ideal home, discuss options with a mortgage lender in Nashville to find the best rates.
Nashville Mortgage Companies Reviews
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Quicken Loans |
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More than 2 million families have financed their homes with Quicken Loans, one of the largest mortgage lenders in the U.S. The company offers conventional and government-backed loans, including jumbo loans up to $2 million and YOURgage loans with fixed rates and custom term lengths from eight to 29 years. Nashville customers can apply online or by speaking with an expert over the phone. |
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Rocket Mortgage |
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With Rocket Mortgage, you can apply online for a home loan and review your options 24/7. Rocket Mortgage offers conventional, jumbo, FHA and VA loans, as well as refinancing so you can take out cash, lower your payment or shorten your term. Home Loan Experts are available over the phone seven days a week. Ask about Verified Approval to strengthen your offer, and visit the online learning center for educational resources. |
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Learn More (800) 762-5471 |
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AmeriSave |
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According to an internal survey from 2016 to 2018, 94 percent of AmeriSave clients say they would recommend the company to friends and family. In addition, this mortgage company’s website states it has financed more than 228,763 homes across the country, including Nashville. Online reviews range from some clients citing poor company communication while others praise the excellent service. |
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HomeDirect |
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Although not physically located in Nashville, residents are still able to receive home financing through HomeDirect. The company has several resources on their website including FAQ, videos and blogs. Client testimonials discuss quick service and exceptional attention to detail. |
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