Mortgage Lenders and Brokers in Covington, Tennessee
Brian McKay
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iEditorial Disclosure
Editorial DisclosureLender lists come from federal HMDA loan data. Average rates come from our daily monitoring network. Editorial content is independent of any advertiser relationships.
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✓Fact Checked
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Loan Rates Last Updated and Verified: October 7, 2026
Covington, Tennessee mortgage lenders include Patriot BankPatriot Bank101 E Pleasant Ave, Covington, TN 38019A5.0 ★Texas Ratio: 9.21%, Regions BankRegions Bank1009 Highway 51 S, Covington, TN 38019A+5.0 ★Texas Ratio: 4.37%, Security Bank and Trust CompanySecurity Bank and Trust Company1775 Highway 51 S, Covington, TN 38019A+5.0 ★Texas Ratio: 0.12%, First Community Mortgage, Inc.First Community Mortgage, Inc.2681 Boones Creek Rd, Johnson City, TN 37615A+5.0 ★Texas Ratio: 3.36%, Leaders Credit UnionLeaders Credit Union5530 Airline Rd, Arlington, TN 38002A+5.0 ★Texas Ratio: 4.77%, Insouth BankInsouth Bank425 Highway 51 S, Covington, TN 38019B-4.3 ★Texas Ratio: 24.02%, Community Mortgage CorporationCommunity Mortgage Corporation1007 Us Highway 45 N, Henderson, TN 38340, Bank3Bank3429 Walker Rd, Jackson, TN 38305A+5.0 ★Texas Ratio: 0.42%, JPMorgan Chase Bank, NAJPMorgan Chase Bank, NA11849 Crawford Pines Dr, Arlington, TN 38002A+5.0 ★Texas Ratio: 3.68%, and American Mortgage Services IncAmerican Mortgage Services Inc6186 Stage Rd, Bartlett, TN 38134A+5.0 ★Texas Ratio: 4.14%. Banks, credit unions and mortgage companies are listed together, with FHA, VA and local options flagged for quick comparison.
Lenders are ranked only by the number of home loans they closed in Covington, Tennessee in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Covington are listed first, then lenders elsewhere in Tennessee, then lenders from other states that closed loans there. Banks and credit unions carry a MonitorBankRates health grade, star rating and Texas Ratio, so you can judge how financially sound they are. Mortgage companies have no deposits to rate, so compare their loan programs, median loan and borrower reviews instead. Compare at least three lenders and ask each for a written loan estimate before you choose.
Mortgage Lenders and Brokers in Covington, Tennessee
Market share is the lender's share of all home loans closed in Covington, Tennessee. Approval share is approvals divided by completed applications. Grade is the MonitorBankRates Health and Safety Grade, available for banks and credit unions only. Average loan is the lender's mean loan amount here.
| Lender | Programs | Loans closed | Market share | Approval share | Average loan | View |
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2 offices in Covington 101 E Pleasant Ave, Covington, TN 38019 A5.0 ★Texas Ratio: 9.21% |
Conventional, FHA, USDA | 14 | 7.9% | 82.4% | $126,428 | View |
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1 office in Covington 1009 Highway 51 S, Covington, TN 38019 A+5.0 ★Texas Ratio: 4.37% |
Conventional, HELOC | 6 +3 HELOCs |
3.4% | 46.7% | $131,666 | View |
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1 office in Covington 1775 Highway 51 S, Covington, TN 38019 A+5.0 ★Texas Ratio: 0.12% |
Conventional | 1 | 0.6% | 100% | $105,000 | View |
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2681 Boones Creek Rd, Johnson City, TN 37615 A+5.0 ★Texas Ratio: 3.36% |
Conventional, FHA, VA, USDA | 13 | 7.3% | 100% | $232,692 | View |
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5530 Airline Rd, Arlington, TN 38002 A+5.0 ★Texas Ratio: 4.77% |
Conventional, FHA, USDA, HELOC | 12 +2 HELOCs |
6.8% | 100% | $170,833 | View |
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425 Highway 51 S, Covington, TN 38019 B-4.3 ★Texas Ratio: 24.02% |
Conventional | 6 | 3.4% | 100% | $130,000 | View |
Community Mortgage Corporation
1007 Us Highway 45 N, Henderson, TN 38340 |
Conventional, FHA, USDA | 4 | 2.3% | 100% | $345,000 | |
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429 Walker Rd, Jackson, TN 38305 A+5.0 ★Texas Ratio: 0.42% |
Conventional, VA, USDA | 4 | 2.3% | 100% | $235,000 | View |
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11849 Crawford Pines Dr, Arlington, TN 38002 A+5.0 ★Texas Ratio: 3.68% |
Conventional | 2 | 1.1% | 66.7% | $210,000 | View |
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6186 Stage Rd, Bartlett, TN 38134 A+5.0 ★Texas Ratio: 4.14% |
Conventional | 2 | 1.1% | 100% | $450,000 | View |
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5810 Airline Rd, Arlington, TN 38002 A+5.0 ★Texas Ratio: 5.33% |
FHA, HELOC | 1 +1 HELOCs |
0.6% | 100% | $285,000 | View |
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7663 Highway 51 S, Brighton, TN 38011 A+5.0 ★Texas Ratio: 0.40% |
Conventional | 1 | 0.6% | 100% | $195,000 | View |
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9915 Us Highway 64, Arlington, TN 38002 A-4.9 ★Texas Ratio: 16.60% |
Conventional | 1 | 0.6% | 100% | $75,000 | View |
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1917 Highway 394, Blountville, TN 37617 A+5.0 ★Texas Ratio: 4.09% |
Conventional | 1 | 0.6% | 100% | $165,000 | View |
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5751 Stage Rd, Bartlett, TN 38134 4515 A+5.0 ★Texas Ratio: 2.01% |
Conventional | 1 | 0.6% | 100% | $75,000 | View |
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1624 Us Highway 51 S, Covington, TN 38019 A5.0 ★Texas Ratio: 10.25% |
Conventional | 1 | 0.6% | 100% | $355,000 | View |
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8398 Us Highway 64, Bartlett, TN 38133 A5.0 ★Texas Ratio: 7.51% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
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11624 Highway 51 S, Atoka, TN 38004 A+5.0 ★Texas Ratio: 0.35% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
21St Mortgage
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Conventional | 4 | 2.3% | 80% | $170,000 | |
Mortgage Investors Group
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Conventional, FHA | 3 | 1.7% | 100% | $281,666 | |
Vanderbilt Mortgage and Finance, Inc
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Conventional | 2 | 1.1% | 22.2% | $175,000 | |
Cadence Bank
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Conventional, HELOC | 10 +14 HELOCs |
5.6% | 100% | $158,000 | |
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A+5.0 ★Texas Ratio: 2.03% |
Conventional, FHA, VA | 9 | 5.1% | 100% | $182,777 | View |
United Wholesale Mortgage
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Conventional, FHA, VA | 7 | 4% | 70% | $323,571 | |
Lower, LLC
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Conventional, FHA, VA | 7 | 4% | 70% | $215,000 | |
Mortgage Research Center
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VA | 5 | 2.8% | 71.4% | $221,000 | |
Fairway Independent Mort Corp
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Conventional, FHA | 5 | 2.8% | 100% | $99,000 | |
loanDepot.com LLC
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Conventional, FHA, VA | 4 | 2.3% | 80% | $235,000 | |
New American Funding, LLC.
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Conventional, FHA, VA | 4 | 2.3% | 100% | $240,000 | |
Lakeview Loan Servicing, LLC
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Conventional, VA | 3 | 1.7% | 75% | $195,000 | |
CrossCountry Mortgage, LLC
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Conventional, FHA | 3 | 1.7% | 100% | $181,666 | |
Planet Home Lending, LLC
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FHA | 3 | 1.7% | 100% | $218,333 | |
Wolfe Financial Inc
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FHA | 3 | 1.7% | 100% | $298,333 | |
Stockton Mortgage Corporation
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FHA, VA | 3 | 1.7% | 100% | $275,000 | |
First Citizens National Bank
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Conventional, HELOC | 2 +2 HELOCs |
1.1% | 100% | $515,000 | |
Guaranteed Rate, Inc.
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FHA | 2 | 1.1% | 66.7% | $200,000 | |
Freedom Mortgage Corporation
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FHA | 2 | 1.1% | 100% | $125,000 | |
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A5.0 ★Texas Ratio: 8.14% |
Conventional | 2 | 1.1% | 40% | $70,000 | |
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A+5.0 ★Texas Ratio: 4.11% |
FHA | 1 | 0.6% | 100% | $125,000 | View |
Ruoff Mortgage Company
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Conventional | 1 | 0.6% | 100% | $115,000 | |
Premier Mortgage Resources, LLC
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Conventional | 1 | 0.6% | 100% | $155,000 | |
Liberty Federal Credit Union
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Conventional | 1 | 0.6% | 100% | $65,000 | |
Royal United Mortgage LLC
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Conventional | 1 | 0.6% | 100% | $175,000 | |
Goodleap, LLC
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FHA | 1 | 0.6% | 100% | $185,000 | |
PHH Mortgage Corporation
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Conventional | 1 | 0.6% | 100% | $65,000 | |
United Trust Bank
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VA | 1 | 0.6% | 100% | $165,000 | |
Pennymac Loan Services LLC
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Conventional | 1 | 0.6% | 20% | $245,000 | |
Amerisave Mortgage Company
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Conventional | 1 | 0.6% | 20% | $25,000 | |
AdvantageFirst Lending Inc
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VA | 1 | 0.6% | 100% | $225,000 | |
American Financial Network, Inc.
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VA | 1 | 0.6% | 100% | $235,000 | |
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A+5.0 ★Texas Ratio: 5.44% |
Conventional | 1 | 0.6% | 100% | $165,000 | View |
Michigan Mutual, Inc
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USDA | 1 | 0.6% | 100% | $215,000 | |
Discover Bank
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Conventional | 1 | 0.6% | 100% | $125,000 | |
Union Home Mortgage Corp.
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Conventional | 1 | 0.6% | 100% | $425,000 | |
Nfm, Inc
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Conventional | 1 | 0.6% | 100% | $135,000 | |
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B-3.5 ★Texas Ratio: 6.80% |
VA | 1 | 0.6% | 50% | $195,000 | View |
Mortgage Solutions of Colorado
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VA | 1 | 0.6% | 100% | $265,000 | |
Prosperity Home Mortgage, LLC
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Conventional | 1 | 0.6% | 100% | $225,000 | |
CSL Financial, LLC
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Conventional | 1 | 0.6% | 100% | $185,000 | |
Farm Credit Mid-America, Aca
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Conventional, Jumbo | 1 | 0.6% | 100% | $995,000 | |
Reliance First Capital, LLC
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FHA | 1 | 0.6% | 100% | $105,000 | |
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A5.0 ★Texas Ratio: 9.09% |
FHA | 1 | 0.6% | 100% | $265,000 | View |
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B4.5 ★Texas Ratio: 20.96% |
HELOC | 0 +1 HELOCs |
0% | n/a | View |
Covington Mortgage Rate Trends
Daily average mortgage rates for Tennessee compared with the national average, updated every evening.
Mortgage Lenders and Mortgage Brokers Near Me in Covington, Tennessee
Looking for mortgage lenders near me or mortgage brokers near me in Covington? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Covington in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Covington, TN
Use these to narrow the list above. Each category shows how many Covington, TN lenders fit and what that kind of lender is usually best for.
Who Lends in Covington, TN
Independent mortgage companies closed 52.5 percent of home loans in Covington, Tennessee in 2025, banks 38.4 percent and credit unions 9 percent. Community Mortgage Corporation was the largest mortgage company, Patriot Bank the largest bank and Leaders Credit Union the largest credit union. Among lenders headquartered in Tennessee, Patriot Bank led with 14 loans.
How to Read This List
A high approval share with a small median loan usually points to a lender comfortable with first time and FHA borrowers. A large median loan with conventional and jumbo programs points to a move up and jumbo specialist. The health grade says whether a bank or credit union is financially sound; it says nothing about service, which is what the reviews below are for.
Title or escrow companies usually handle closings in Tennessee. State realty transfer tax of $0.37 per $100 of consideration (0.37 percent) plus a mortgage recordation tax of $0.115 per $100 of indebtedness above the first $2,000 (Tenn. Code 67-4-409).
More Tennessee Mortgage Lender Pages
Frequently Asked Questions About Mortgage Lenders in Covington, TN
By home loans closed in 2025, Patriot Bank was the largest mortgage lender in Covington, Tennessee with 14 loans, about 7.9 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
22 lenders closed FHA loans in Covington, Tennessee in 2025, led by First Community Mortgage, Inc. with 7. 15 lenders closed VA loans, led by Mortgage Research Center, and 6 closed USDA rural loans. Use the FHA and VA filters above the table to see only those lenders; FHA loans allow 3.5 percent down and lower credit scores, VA loans need no down payment for eligible veterans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Yes. 21 banks and 5 credit unions closed home loans in Covington, Tennessee in 2025, alongside 37 independent mortgage companies and brokers. Banks and credit unions carry a MonitorBankRates health grade. Mortgage companies are not deposit institutions, so they have no health grade; their HMDA figures and borrower reviews stand in. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Lenders are ranked only by the number of home loans they closed in Covington, Tennessee during 2025 as reported under the federal Home Mortgage Disclosure Act. No lender pays to be listed or to rank higher, and reviews do not change the order. Counts cover first and second lien loans on one to four unit homes for purchase, refinance and home improvement; home equity lines are counted separately.
Methodology and Sources
Lender rankings use the loan level records that lenders file under the Home Mortgage Disclosure Act, published by the FFIEC and the Consumer Financial Protection Bureau for the 2025 reporting year. Counts include originated first and subordinate lien loans on one to four unit homes in Covington, Tennessee for purchase, refinance and other purposes; home equity lines of credit are counted separately and reverse mortgages and business purpose loans are excluded. Approval share is originations plus approved but not accepted applications divided by all completed applications (withdrawn and incomplete files are excluded). Lender type comes from the lender's federal regulator and the FFIEC National Information Center. City figures use the Census tracts that make up Covington. Health grades are MonitorBankRates data and are current as of the date shown. Lenders below the HMDA reporting thresholds do not appear. MonitorBankRates receives no payment for placement on this page. Last updated October 8, 2026.
