Mortgage lending in Madison County
2,166 mortgages were originated in Madison County, Tennessee, in 2025.
30-year fixed, this week
6.71%
Freddie Mac's survey average for the week of September 3, 2026 — a year earlier it was 6.56%, and the past year ranged 5.98–6.71%. The figures below are from 2025 filings and do not move with the market. Rate history
- Loans originated
- 2,166
- Median rate
- 6.625%
- Median lender fees
- $4,769
The going rate is the federal "average prime offer rate" for a comparable loan; 0.5 means half a percentage point above it.
- Median loan amount
- $185,000
- Above the going rate (spread over APOR)
- 0.220
- Paid discount points
- 29.5%
- Received lender credits
- 21.1%
- Purchases / refinances
- 46.6% / 32.2%
- Conventional / FHA / VA
- 72.3% / 18% / 8.6%
Figures are medians of loans actually originated in 2025, as reported under the Home Mortgage Disclosure Act. They describe what borrowers received, not what you would be offered: HMDA contains no credit scores, so these numbers cannot be read as pricing for any individual. Lender fees are reported for 58% of loans here — see methodology.
Loan limits here in 2026
- Conforming limit
- $832,750
- FHA limit
- $541,287
- Median home price
- $209,000
- That home, 20% down
- $167,200
A median-priced home with 20% down leaves $665,550 of room under the conforming limit, so the ceiling rarely binds on an ordinary purchase.
Borrow more than $832,750 and the loan becomes jumbo — outside agency rules, priced by each lender on its own terms. How limits work
Median price is HUD's figure for the 2026 limit calculation, not a live market quote.
Who lent here
Lenders with at least 50 loans in Madison County, ranked by volume.
| Lender | Loans | Median fees | Median rate |
|---|---|---|---|
| Leaders Credit Union | 458 | $1,232 | 6.500% |
| Rocket Mortgage, LLC | 137 | $5,273 | 6.625% |
| Cadence Bank | 128 | — | 7.490% |
| Regions Bank | 124 | $3,429 | 4.990% |
| FirstBank | 97 | — | 6.933% |
| Commercial Bank & Trust Co. | 72 | — | — |
| First Community Mortgage, Inc. | 72 | $10,211 | 6.250% |
| Mortgage Investors Group, Inc. | 70 | $6,134 | 6.490% |
| United Shore Financial Services, LLC | 65 | $9,177 | 5.999% |
| Simmons Bank | 61 | — | 6.250% |
What lenders charged here
Lender fees on a $185,000 loan, based on what was actually charged in Madison County — not a rule of thumb.
From 1,256 loans where fees were reported. This is what the lender charges — sections A and B of a Loan Estimate. Title, appraisal, taxes and the escrow deposit your lender collects up front for future tax and insurance bills are extra and not in these figures. Compare two offers