Mortgage Broker in Tennessee

Licensed to originate mortgages in Tennessee (TN) through Lumin Lending Inc. Purchase, refinance, and investment property loans with access to over 90 lenders.

Last updated: April 2026

Key Facts

Randy Mathis is a licensed mortgage broker serving Tennessee through Lumin Lending Inc. (NMLS# 1516760). Available programs include Conventional, FHA, VA, Non-QM, DSCR, Bank Statement, HELOC, Reverse Mortgage, and Commercial loans. The conforming loan limit in Tennessee is $806,500 for 2026.

Mortgage Lending in Tennessee

Tennessee has emerged as one of the top destination states for relocating families and remote workers, driven by no state income tax on wages, affordable housing, and growing metro areas like Nashville, Memphis, and Knoxville. Nashville in particular has experienced rapid growth and appreciation, while other markets across the state remain highly affordable compared to national averages.

With access to over 90 lenders through Lumin Lending Inc., I can shop your loan across multiple investors to find the right rate and terms for your specific situation in Tennessee. Whether you are a first-time homebuyer, looking to refinance, or building an investment portfolio, I have programs designed to fit your needs.

Available Loan Programs in Tennessee

Conventional

Traditional financing with as little as 3% down. Competitive rates for purchase and refinance.

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FHA

Government-backed loans with 3.5% down and flexible credit requirements for first-time buyers.

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VA

Zero down payment and no PMI for eligible veterans, active-duty, and qualifying spouses.

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Non-QM / DSCR

Bank statement, DSCR, asset depletion, and other flexible programs for self-employed and investors.

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HELOC / HELoan

Access your home equity with a line of credit or fixed-rate home equity loan.

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Reverse Mortgage

Convert home equity into cash with no monthly mortgage payments for homeowners 62 and older.

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Commercial

Financing for commercial properties, mixed-use buildings, and business real estate needs.

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Rates and program availability may vary based on the state or region in which the financed property is located. This is not a credit decision, an offer, or a commitment to lend. Program restrictions apply.

HELOC: Timing may vary based on borrower qualifications and loan conditions. Appraisal may be required in certain circumstances. Subject to credit approval. Your home is used as collateral and may be at risk if you do not repay. APR, terms, and repayment structure vary by product.

Helpful Resources

First-Time Homebuyer Guide 2026

Everything you need to know about buying your first home, from pre-approval to closing day.

Should You Refinance in 2026?

How to decide if refinancing makes sense for your situation, with break-even analysis.

DSCR Loans Explained

How real estate investors qualify based on rental income instead of personal tax returns.

5-Day Digital HELOC Guide

Access your home equity in as few as 5 days with our digital HELOC process.

Credit Score Myths for Homebuyers

The 5 biggest credit score myths that stop people from pursuing homeownership.

Frequently Asked Questions

Answers to common mortgage questions about loan programs, credit, and the application process.

Frequently Asked Questions

What are the conforming loan limits in Tennessee?

Tennessee follows the standard conforming loan limit of $806,500 for single-family homes in 2026 across all counties. While Nashville's market has appreciated significantly, all Tennessee counties currently fall within the standard conforming limit.

Does Tennessee have first-time homebuyer programs?

Yes, the Tennessee Housing Development Agency (THDA) offers the Great Choice Home Loan program with competitive rates and the Great Choice Plus program that provides down payment and closing cost assistance. These programs serve first-time and repeat buyers statewide.

Does Tennessee have a state income tax?

Tennessee does not have a state income tax on wages and salaries, making it one of only nine states with no income tax. This can significantly lower your overall cost of living and increase your purchasing power when buying a home. The state relies primarily on sales tax revenue instead.

Is Randy Mathis licensed to lend in Tennessee?

Yes, Randy Mathis (NMLS# 1516760) is licensed in Tennessee through Lumin Lending Inc. (NMLS# 2716106), which holds a Tennessee Mortgage License. Randy helps borrowers across Nashville, Memphis, Knoxville, Chattanooga, and the rest of the state find competitive mortgage rates from over 90 wholesale lenders.

Can I get a DSCR loan in Tennessee?

Yes, DSCR loans are available in Tennessee for real estate investors. Nashville's strong rental market and the affordable entry points in cities like Memphis and Knoxville make Tennessee an attractive state for building an investment portfolio using income-based qualification rather than personal income verification.

Ready to Get Started in Tennessee?

Let me find you a competitive mortgage rate from our network of 90+ lenders. Apply online or schedule a call to discuss your options in Tennessee.

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Randy Mathis NMLS# 1516760 | Lumin Lending Inc. NMLS# 2716106 | NMLS Consumer Access