First

Mortgage

Funding

Group

615-383-4663

First Mortgage Funding Group offers a variety of loan programs to meet your needs. We work with the leading lenders in the industry to provide:
 
First Time Homebuyers/THDA loan
Conforming Loans
FHA Loans
VA Loans
Jumbo Loans
USDA Rural Housing

First Time Homebuyers/THDA loan

If you are a first time homebuyer or have not owned a home in the last 3 years, you may qualify for the THDA program.  Current information is listed below:

                                     

Term: 30 years  
 

Great Rate 3.95%

Great Advantage 4.25% w/2% assistance toward down payment or closing costs   

Great Start 4.55% w/4% assistance toward down payment or closing costs

Income limits and sales price limits do apply according to county. Please call us for more detailed information and to see if you qualify.


Conforming Loans

We offer excellent rates on a variety of programs for Conventional conforming loans.  Loan terms from 10 to 40 years are available with LTV's up to 97%.  Call to discuss your individual situation and free prequalification.

Term: 30 years   Maximum Amount: $417,000

FHA Loans
  • 3.5% down payment required
  • loan amounts up to $432,500
  • flexible qualifying ratios
  • 620 credit score required
  • quick qualifying at competitive interest rates


Term: 30 years   Maximum Amount: $432,500

VA Loans
  • 100% loans available for veterans
  • quick & easy qualifying
  • competitive interest rates
  • no monthly PMI on VA loans
  • no qualifying rate reduction refinances available


Term: 30 years   Maximum Amount: $393,300

Jumbo Loans

Excellent rates & programs still available for Jumbo loans.  Call us for current rate information. 

Term: 30 years   Maximum Amount: $2,000,000

USDA Rural Housing
  • Available in select rural areas of TN
  • 100% loan
  • Income and sales price limits apply
  • Manual underwriting available
  • NOT just for first time homebuyers!


Term: 30 years   Maximum Amount: $432,500



Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $417,000 for the contiguous states, District of Columbia, and Puerto Rico or below $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $417,000 with closing costs of $8,340. Jumbo Loans (whose maximum loan amount exceed $417,000 for the contiguous states, District of Columbia, and Puerto Rico or exceed $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $2,000,000 with closing costs of $40,000. Your actual APR may be different depending upon these factors.

2500 21st Ave S

Suite 107

Nashville, TN 37212

(615)383-4663 phone

(615)383-6552 fax