NMHL Mortgage Lending
Mortgage Lender in Collierville, TN
Local expertise and competitive rates for Collierville homebuyers.
Collierville, Tennessee, is experiencing a thriving housing market, with a current median home price of $342,000 according to recent data. As a borrower looking to tap into this growing market, you'll find a range of mortgage options available. At National Mortgage Home Loans (NMHL), we understand the unique needs of Collierville residents and offer personalized mortgage solutions to help you achieve your homeownership goals.
With a strong presence in the Tennessee market, NMHL is well-equipped to serve Collierville borrowers. Our team is familiar with local market conditions, including the popular neighborhoods of Barton Club, Collierville Commons, and Shelby Farms. We offer a variety of mortgage programs, including FHA, VA, and conventional loans, to help you find the best fit for your financial situation.
Whether you're a first-time homebuyer or an experienced homeowner, NMHL is committed to providing competitive rates and exceptional service. Our mortgage experts will guide you through the pre-approval process and help you navigate the Collierville real estate market with confidence.
Collierville Housing Market Overview
Explore mortgage options in Collierville, TN with NMHL. Our local expertise helps you navigate the Collierville real estate market with competitive rates and personalized service.
See What You Qualify For
Takes about 5 minutes. No obligation. No credit check until you are ready.
Your Local Mortgage Partner
We understand the local market dynamics that affect your home purchase. Our team provides personalized loan options based on local property values and regulations.
Available Loan Programs in Collierville
Explore mortgage options tailored to Collierville homebuyers
First Time Home Buyer Mortgages
Special loan programs helping newcomers purchase their first home with favorable terms and support.
Learn MoreRefi-Shield
Learn MoreAdjustable-Rate Mortgage (ARM)
Financial flexibility and optimal rates with an Adjustable-Rate Mortgage – Your key to a dynamic homeownership journey
Learn MoreHigh-Value Appraisal Program
Learn MoreInterest Only Mortgages
Interest-only mortgages allow borrowers to pay only the interest for a set period, reducing initial monthly payments.
Learn MoreHome Equity Loans
Access the equity in your home with a fixed-rate home equity loan. Get a lump sum with predictable monthly payments for ...
Learn MoreFHA Loans
Federal Housing Administration (FHA) loans are government-backed mortgages designed to help first-time homebuyers and th...
Learn MoreFixed-Rate Mortgage
Lock in your interest rate for the life of the loan with a fixed-rate mortgage. Predictable monthly payments make budget...
Learn MoreBridge Loans
Bridge the gap between buying your new home and selling your current one. Short-term financing that gives you the flexib...
Learn MoreVA Loans
VA loans are a benefit earned by veterans, active-duty service members, and eligible surviving spouses. Backed by the De...
Learn MoreConventional Loans
Conventional loans are not backed by government agencies and typically offer the most flexibility for qualified borrower...
Learn MoreITIN Loans
Purchase a home using your Individual Taxpayer Identification Number (ITIN) without a Social Security Number. NMHL is co...
Learn MoreJumbo Loans
Jumbo loans exceed conforming loan limits and are designed for luxury properties and homes in high-cost areas. With comp...
Learn MoreDSCR Investment Loans
Debt Service Coverage Ratio (DSCR) loans qualify based on rental income rather than personal income. Perfect for real es...
Learn MoreBank Statement Loans
Bank statement loans are designed for self-employed borrowers and business owners who have difficulty documenting income...
Learn MoreReverse Mortgages
For homeowners 62 and older, reverse mortgages allow you to access your home equity without monthly payments. Stay in yo...
Learn MoreUSDA Mortgages
USDA Rural Development loans help moderate-income buyers purchase homes in eligible rural and suburban areas. With no do...
Learn MoreHeloc
Learn MoreWhat Our Clients Say
Real reviews from Google — no cherry-picking
Our Presence
Click on endorsed states to see our direct resources!
Understanding Collierville's Housing Market
The Collierville housing market is characterized by steady growth, driven by its desirable location and strong schools. As of recent data, the median home price stands at $342,000, with homes typically staying on the market for around 30 days. NMHL's local market expertise can help you stay ahead of the curve and find the best mortgage options for your needs.
- Popular neighborhoods like Barton Club and Collierville Commons offer a range of housing styles and price points.
- The area is experiencing growth in new constructions, with many builders offering incentives and upgrades.
- Collierville's strong schools and family-friendly atmosphere make it an attractive choice for families and professionals alike.
Stay informed about Collierville's housing market trends and get personalized mortgage guidance from NMHL's local experts.
Mortgage Programs for Collierville Borrowers
At NMHL, we offer a range of mortgage programs tailored to the needs of Collierville borrowers. Our options include:
- FHA loans with down payments as low as 3.5%
- VA loans for eligible veterans and service members
- Conventional loans with competitive rates and terms
- Jumbo loans for higher-priced homes
- Specialty loans for borrowers with unique financial situations
Our mortgage experts will work with you to determine the best program for your needs and guide you through the pre-approval process.
Get pre-approved for a mortgage with NMHL and take advantage of our competitive rates and personalized service.
Down Payment Assistance in Collierville
Down payment assistance programs can be a valuable resource for Collierville homebuyers. The Tennessee Housing Development Agency (THDA) offers several programs, including down payment assistance grants and second mortgages. NMHL's mortgage experts can help you explore these options and determine the best fit for your situation.
Some of the benefits of down payment assistance programs include:
- Lower upfront costs
- Increased purchasing power
- More flexible credit scoring
Don't let down payment costs hold you back – explore NMHL's down payment assistance options and get pre-approved today.
First-Time Homebuyer Programs in Tennessee
Tennessee offers several programs designed to support first-time homebuyers, including those available in Collierville. NMHL's mortgage experts can help you navigate these options, which may include:
- Down payment assistance grants
- Favorable interest rates
- Homebuyer education and counseling
By taking advantage of these programs, first-time homebuyers can overcome common barriers to homeownership and achieve their goals.
Get started on your homeownership journey with NMHL's guidance on first-time homebuyer programs and mortgage options.
Frequently Asked Questions
Collierville is known for its desirable neighborhoods, including Barton Club, Collierville Commons, and Shelby Farms. These areas offer a range of housing options, from modern new constructions to established communities. NMHL's local expertise can help you find the perfect fit for your needs and budget.
Collierville property taxes are administered by Shelby County, with a current average effective tax rate of 0.73%. Homeowners can expect to pay around $2,496 annually in property taxes on a median-priced home. NMHL can help you factor property taxes into your mortgage planning.
Collierville is served by the Collierville Schools district, which is highly rated and includes several top-performing schools. Homebuyers with families often prioritize this district when choosing a neighborhood. NMHL can provide guidance on how school districts impact home values in Collierville.
Yes, Tennessee offers several down payment assistance programs that can be used in Collierville. NMHL's mortgage experts can help you explore options like the Tennessee Housing Development Agency's (THDA) down payment assistance programs, which can provide up to 4% or 5% of the home's purchase price towards down payment and closing costs.
While bad credit can present challenges, NMHL offers mortgage programs designed to help borrowers with less-than-perfect credit. Our experts will review your credit profile and provide personalized guidance on available options, including FHA loans, which allow credit scores as low as 580 with a 3.5% down payment.
NMHL offers a range of mortgage programs for self-employed borrowers, including stated income loans and bank statement loans. Our team is experienced in working with self-employed individuals and can help you navigate the mortgage process, even with complex income structures.
Related Resources
Ready to Buy in Collierville?
Let NMHL help you navigate the Collierville housing market with expert guidance and competitive rates.