Murfreesboro is the first-time buyer capital of Middle Tennessee. Between MTSU, a steady inflow of people priced out of Davidson County, and more new construction than anywhere else nearby, it is a market full of people buying their first house — and being sold the wrong loan for it.
Working across MTSU area, Blackman, Gateway, Salem Creek, Smyrna and La Vergne, Christiana and the rest of Rutherford County.
The builder's lender is not automatically the best deal
With this much new construction, most buyers here meet a preferred lender attached to the builder, usually with an incentive tied to using them. Sometimes that incentive genuinely wins. Often it is worth less than the rate and fee difference, and it is only worth less because nobody ran the comparison. Bring us the builder's loan estimate and we will price the same file against it. If theirs is better we will say so — that happens, and you should know either way.
Low down payment is the whole game here
Most Murfreesboro buyers are choosing between three percent down conventional, three and a half percent FHA, and zero down VA if they have entitlement. Those are not interchangeable. Above about a 680 credit score conventional usually wins on total cost because the mortgage insurance eventually comes off; below it, FHA often wins despite carrying insurance for the life of the loan. That crossover is the single most valuable calculation on a first purchase.
We do not run a storefront in Murfreesboro. We come to you, and most of the process happens by
phone, text and e-sign, which is faster than driving somewhere to sign paper. What you get
instead of a lobby is both of our mobile numbers, from the first call through closing.
Tyler McCain is based in Lebanon, TN and is licensed in Alabama, Florida, Kentucky, Ohio, Tennessee and Texas.
Let's see where you stand in Murfreesboro.
Two minutes, no credit pull, no documents. Then a real conversation about what it
actually means for the house you are looking at.
