Our Services

Conventional Mortgage

Conventional mortgage loans are mortgages that are not covered by any government program of insurance or guarantee. Such loans may be eligible for purchase by the major secondary market agencies Fannie Mae and Freddie Mac which offer standardized underwriting guidelines for conforming loan amounts up to $417,000. These loans can carry fixed or variable (ARM) mortgage rates and a variety of repayment terms that can be tailored to your individual needs. Down payment requirements may be as little as 5%, although loans with less than 20% down require mortgage insurance. Generally, these loans do not have prepayment penalties.

Guaranty Trust is a market leader in providing low Nashville mortgage rates and is one of Nashville’s most comprehensive, locally-owned and operated full-service mortgage companies.

Nashville Mortgage Rates
Lowest mortgage rates in Nashville Tennessee - Same day approval on all Nashville mortgages!

Tennessee Banks vs. Guaranty Trust
Guaranty Trust is able to offer more flexibility and lower rates than conventional Tennessee banks. Our relationship with our mortgage lenders enable us to serve a variety of customers. In turn, we are able to place many families in homes where Tennessee banks have failed.

FHA Loans

FHA loans are ideal for first-time home buyers and those low- to moderate-income borrowers. Loans are insured by the Federal Housing Administration. Down payments may be as little as 3.5% and the loans are assumable with release of liability to the original borrower. Each area of the country has a designated maximum loan amount. These loans can also be a fixed or adjustable rate.

Guaranty Trust - The experts in Nashville home loans and market leader throughout Tennessee and the Nashville area. We have several great locations in Nashville and across Middle Tennessee to meet the individual needs of our clients , and are more knowledgeable and progressive than traditional Tennessee banks.

Rural Development Guaranteed Loan Program

The Rural Development (RD) Guaranteed loan program is a 30-year fixed loan provided by the United Stated Department of Agriculture (USDA). These loans are available to low-to-moderate income borrowers who meet the current income limits and the homebuyer eligibility requirements. The property must be a single family home, townhouse or condo in an eligible rural area. Rural Development loans are one hundred percent fixed rate mortgages with no mortgage insurance. There is a 2% Guarantee fee which can be financed into the loan amount. Rural Development loans can be combined with THDA loans. Please contact a loan officer at Guaranty Trust for more information on Rural Development loans.

THDA First Time Homebuyers

Tennessee Housing Development Agency (THDA) offers 30-year fixed rate mortgages and down payment assistance to first time homebuyers. A first time homebuyer is considered anyone who has not owned his or her principle residence in the last three years, anyone buying in special targeted areas, or an honorably discharged or re-enlisted veteran and spouse.

Not every borrower is eligible for a THDA mortgage. Borrowers must have satisfactory credit and the home must meet certain conditions. Income limits and acquisition costs limits do apply. THDA’s homeownership programs are designed for low and moderate income borrowers. The Great Rate Mortgage Program offers a below market interest rate secured by a first mortgage. The Great Advantage and Great Start programs offer loans at slightly higher interest rates, but offer assistance with down payment and closing costs. Contact a loan officer at Guaranty Trust to find out more information about these mortgage programs.

VA Loans

Available to individuals who have served or are currently in the U.S. armed forces that meet eligibility requirements, VA home loans may be provided with no down payment requirement, making them ideal for first-time borrowers. Loan amounts may be as much as $203,000 with full entitlement. Home Loans are assumable with release of liability and there are no penalties for prepayment.

Guaranty Trust - The experts in Tennessee home loans and market leader in home loans throughout Tennessee and the Nashville area. We have several great locations for home loans in Nashville and across Middle Tennessee to meet the individual needs of our clients.

Non-Conforming Jumbo Loan

If the anticipated amount of your home mortgage loan exceeds the maximum amounts permitted by other programs, we offer a variety of mortgage options which will meet your needs. So-called non-conforming jumbo loans may be up to $1.0 million and can be either fixed or adjustable rate mortgages. Underwriting guidelines may vary depending on program selected, down payment and actual loan amount. Repayment options also vary, enabling you to select a mortgage that fits your budget.

Guaranty Trust -The experts in Tennessee home financing and market leader in home financing throughout Tennessee and the Nashville area. We have several great locations for home financing in Nashville and across Middle Tennessee to meet the individual needs of our clients.