Cookeville, TN Mortgage Rates and Refinance Rates

Cookeville, Tennessee Mortgage Rates - Refinance Rates

Cookeville, TN: Search and compare mortgage rates and refinance rates in Cookeville, TN. Our rate table has a list of Cookeville, Tennessee mortgage interest rates and mortgage refinance rates. You can also use our free mortgage calculator to calculate monthly mortgage payments. When you start your search for current mortgage rates you need to first have an understanding of the types of mortgages available and their corresponding interest rates. Types of rates available in Cookeville, TN include conforming mortgage rates, super conforming rates, jumbo rates, adjustable rates, HELOC rates and home equity loan rates. There are variations of each type of mortgage available in Cookeville, TN listed below.

Loan Type
Purchase    Refinance
Location
State/City    Zip Code
Loan Amt Points FICO % Down
  
$
15 yr fixed refi in 37201, All points, Credit score: 740+     Sort by:
Lender
APR
Rate
Cost & Fees
Notes
 
BBVA Compass
3.558%
11/18/2014
3.500%
at 0.000 pts
60 day lock rate
Est payment: $1,429.77
Fees in APR: $789
 
 
First-Citizens Bank & Trust Company
3.561%
11/17/2014
3.500%
at 0.000 pts
45 day lock rate
Est payment: $1,429.77
Fees in APR: $842
 
 
Citizens Bank
3.568%
11/18/2014
3.500%
at 0.000 pts
60 day lock rate
Est payment: $1,429.77
Fees in APR: $928
 
 
Regions Bank
3.819%
11/21/2014
3.750%
at 0.000 pts
30 day lock rate
Est payment: $1,454.44
Fees in APR: $933
 
 
HSBC Bank USA, N.A.
3.361%
11/19/2014
3.310%
at 0.000 pts
60 day lock rate
Est payment: $1,411.18
Fees in APR: $705
 
 

Mortage Data Provided by Bankrate.com Many lenders have different rates on their own Websites than those posted on Bankrate.com. In order to get the Bankrate.com rate, please identify yourself as a Bankrate.com customer. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the lender you choose, please click here.

The rates above were collected by Bankrate.com on the dates specified. Rates are subject to change without notice and may vary from branch to branch. Rate/APR and terms may vary based on the creditworthiness of the individual and the extent to which the loan differs from the one used for Bankrate.com quotes. For criteria used in surveys of rates above, click here. These quotes are from banks, thrifts, and brokers, some of whom have paid for a link to their own Web site, where you can find additional information.





Cookeville, TN Conforming Mortgage Rates

Conforming mortgage rates are rates on mortgages that meet the criteria set out by the Federal Housing Finance Agency. There are limits set for each county of Tennessee. There are higher mortgage loan limits for designated high-cost areas, like on the coasts and in large cities.

Cookeville, TN mortgages that “conform” to the standards set out by the Federal Housing Finance Agency can be purchased by Freddie Mac and Fannie Mae. This process guarantees banks are able to resell Cookeville, TN mortgage loans that have been made. As a result, Cookeville, TN mortgage rates today are lower than jumbo interest rates in Cookeville, TN. Conforming mortgages and jumbo mortgages are available in terms of 40 years, 30 years, 25 years, 20 years, 15 years and 10 years.

Cookeville, TN Super Conforming Home Loan Rates

Super conforming mortgages in Cookeville, TN are mortgages that have higher mortgage loan amounts but still “conform” to the standards set by the Federal Housing Finance Agency. Super conforming mortgages are available for the higher cost housing areas like the coasts and in large cities.

Cookeville, TN Jumbo Loan Interest Rates

Cookeville, TN jumbo mortgage rates are rates for mortgage loans that have a dollar amount higher than conforming and super conforming loan amounts. Jumbo home loan rates in Cookeville, TN are usually 0.75 basis points higher than conforming interest rates in Cookeville, TN because there is no guarantee banks and credit unions can sell these mortgages after they make the loans.

Cookeville, TN Fixed Rate Mortgages

Fixed rate mortgages are the most common mortgage available in Cookeville, TN. The mortgage rate and the monthly payment stay the same for the entire life of the mortgage loan. This makes fixed rate mortgages the most stable and predictable for mortgagees.

Cookeville, TN Adjustable Interest Rates

Cookeville, TN adjustable mortgages have a fixed mortgage rate for a certain number of years and then the mortgage rate adjusts every year after the initial period. There are usually yearly caps and life time caps on how much the mortgage interest rate and fluctuate. Your monthly mortgage payment will be lower at first but can rise when mortgage rates rise. Adjustable mortgages are available in terms of 1 year, 3 years, 5 years, 7 years and 10 years.

Cookeville, TN Interest Only Home Mortgage Rates

Cookeville, TN interest only mortgages are mortgages that the borrower pays only the interest on the principal balance or a set period of time. After the initial period the mortgagee pays both interest and principal. Interest only (IO) mortgages were popular during the housing boom.

Cookeville, TN FHA Mortgage Mortgage Rates

Borrowers in Cookeville, TN must meet certain requirements established by FHA to qualify for a mortgage insured by the FHA. FHA mortgage interest rates in Cookeville, TN are usually lower than conforming mortgage interest rates because mortgage lenders bear less risk because FHA will pay the lender if a homeowner defaults on his or her mortgage loan.


Google Map for Cookeville, TN Rates & Resources


Cookeville FDIC Insured Banks

Bank Name

FDIC Cert Number

Address

American Bank & Trust of the Cumberlands

31980 142 South Jefferson Avenue, Cookeville, TN 38501

American Bank & Trust of the Cumberlands

31980 1450 Neal Street, Cookeville, TN 38501

Bank of Putnam County

8432 1108 East 10th Street, Cookeville, TN 38502

Bank of Putnam County

8432 114 South Willow Avenue, Cookeville, TN 38501

Bank of Putnam County

8432 140 South Jefferson Street, Cookeville, TN 38501

Bank of Putnam County

8432 237 South Willow Avenue, Cookeville, TN 38501

Citizens Bank

893 51 East Jackson Avenue, Cookeville, TN 38501

Citizens Bank

893 900 North Washington Avenue, Cookeville, TN 38501

Clayton Bank and Trust

6104 851 South Willow Avenue, Cookeville, TN 38501

COMMUNITY BANK OF THE CUMBERLANDS

57111 1065 East Tenth Street, Cookeville, TN 38501

COMMUNITY BANK OF THE CUMBERLANDS

57111 744 South Willow Avenue, Cookeville, TN 38501

F&M Bank

9963 541 South Willow Suite 104 Merchant Ct, Cookeville, TN 38501

First National Bank of Tennessee

19502 330 West Main Street, Cookeville, TN 38506

First National Bank of Tennessee

19502 412 South Jefferson Avenue, Cookeville, TN 38501

First Tennessee Bank, National Association

4977 345 South Jefferson Avenue, Cookeville, TN 38501

First Tennessee Bank, National Association

4977 389 West Jackson Street, Cookeville, TN 38501

First Volunteer Bank of Tennessee

10307 351 South Willow Avenue, Cookeville, TN 38501

FSGBANK, National Association

35525 340 Jefferson Avenue, Cookeville, TN 38501

FSGBANK, National Association

35525 376 West Jackson Street, Cookeville, TN 38502

FSGBANK, National Association

35525 614 West Main Street, Cookeville, TN 38506

Putnam 1st Mercantile Bank

58079 200 West Jackson Street, Cookeville, TN 38501

Putnam 1st Mercantile Bank

58079 860 East 10th Street, Cookeville, TN 38501

Regions Bank

12368 10 West Broad Street, Cookeville, TN 38501

Regions Bank

12368 1050 South Willow Avenue, Cookeville, TN 38501

Regions Bank

12368 790 South Jefferson Avenue, Cookeville, TN 38501

Regions Bank

12368 951 East Tenth Street, Cookeville, TN 38501

The Fort Sill National Bank

16416 768 S. Jefferson Avenue, Cookeville, TN 38501

U.S. Bank National Association

6548 105 North Washington Avenue, Cookeville, TN 38501

U.S. Bank National Association

6548 Two West Jackson Avenue, Cookeville, TN 38501