We are very excited to have recently opened this branch of Community Mortgage in historic East Nashville, just minutes from downtown (located at 615 Main St, Ste 205, Nashville, TN 37206). Please call us at 615-242-2424 for any of your mortgage needs (servicing all 95 counties in TN). At Community Mortgage Advisors, you will receive highly personalized service from senior loan officers.
Whether you are looking to purchase or refinance, we offer each customer a free mortgage analysis, along with a full array of mortgage products to best suit your needs. Fill out an application online or contact our team. Kenneth Troope (life-long Nashvillian) & Forrest Hewes (long-time Nashvillian) are both mortgage veterans who reside in East Nashville & know it intimately, as well as the Greater-Middle TN area.
Whether you are looking to purchase or refinance, we offer each customer a free mortgage analysis, along with a full array of mortgage products to best suit your needs. Fill out an application online or contact our team. Kenneth Troope (life-long Nashvillian) & Forrest Hewes (long-time Nashvillian) are both mortgage veterans who reside in East Nashville & know it intimately, as well as the Greater-Middle TN area.
Services
Whether you're considering purchasing a home in the ultra-hip East Nashville area or in another attractive neighborhood in Middle Tennessee (or any of TN's 95 counties), it's likely to be one of the biggest investments of your lifetime. At Community Mortgage Advisors, we understand how big of a deal buying a home is and are dedicated to guiding you through what can seem like an overwhelming process, so that you won't feel this stress.
To apply for a loan, you will have to provide the lender with detailed documentation of your financial history. The lender will request a credit report from a credit agency and will verify the information provided in your loan application. Self employed borrowers may need to provide business tax returns for the most recent two years along with a year to date P&L statement.
Refinancing is often used to lower your interest rate for monthly and/or long-term savings. If rates have dropped since you last financed your home, a simple phone call to Community Mortgage Advisors in East Nashville (615-242-2424) could save you a ton of money. By reducing your loan term (from a 30YR to a 15YR, for example) AND lowering your interest rate will save you even more!
Cashing out refers to the refinancing of a loan where the borrowers will borrow money on their own home. If a home is appraised at $100,000 and the borrower's outstanding mortgage loan is $60,000, it is possible to enter into an 80% cash-out refinance transaction for a loan of $80,000 (80% of $100,000).
This calculator will help you to decide whether or not you should refinance your current mortgage at a lower interest rate. Not only will this calculator calculate the monthly payment and net interest savings, but it will also calculate how many months it will take to break even on the closing costs.
Reviews (8)
Dougg Johnston
Dec 30, 2021
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UberTuber Fries
Dec 05, 2021
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Tony Niknejad
Nov 18, 2021
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Aubreee Collins
Aug 21, 2021
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Daniel Lyons
Jun 23, 2021
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I purchased my first home and had the pleasure of working with Community Mortgage Advisors over the last month or so. Kenneth Troope, my mortgage consultant, was friendly and helped simplify the home buying process. As a first time home purchaser, I had no shortage of questions, and Kenneth was always incredibly responsive and willing to take the time to offer clear explanations along the way. I would highly recommend using Community Mortgage, and more specifically, working with Kenneth for your mortgage needs.
Kent Messner
Jun 21, 2021
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Nick Suravaram
Jun 21, 2021
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Monica Stevens
Jan 21, 2021
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I had a fantastic experience with Community Mortgage. Kenneth’s Troop was fantastical work with. He was accurate and very professional. I am in the mortgage industry as well how we in another state. Kenneth handled my loan with time and care and treated me as if I was one of his family members. The process was smooth and easy. I would use this lender and Kenneth Troop and again and highly recommended their services.
