Home purchases and home refinances for Tennessee and Georgia.

I am a mortgage specialist in Chattanooga, TN.

I want the right real estate loan for you.  Service and ongoing contact that earn your eargerness to refer your friends and family.

I have over 20 years experience as a mortgage loan officer. I have been making mortgage loans out of Chattanooga since 1994.

Purchase Loans - We offer loans that help keep you down payment low including conventional, FHA, VA, and Rural Development loans. We participate in THDA Downpayment Assistance for Tennessee FHA and Rural Development. For Chattanooga purchase mortgages we offer the CNE Downpayment program. Both Tennessee Housing Development Agency and Chattanooga Neighborhood Enterprises offer HUD approved programs for the First Time Home Buyer. 

We can also work with you to keep you total payment low - ask about the different options with conventional mortgage insurance. The informed, right choice here may can save you as much as $100 - $200 each month, depending on your qualifications and loan size.

By offering loan programs from several top national investors combined with inhouse underwriting, we provide an unbeatable combination of loan options and service.

For qualified buyers who have a property, test me. Let me show you how to close your home purchase in 2 weeks.

You can apply online with me secure and easy application. Visit www.RichardSmithHomeLoans.com.

My promise is to get you to the closing table on time and with no surprises. We have real estate agent contacts with expertise in each local area. With those contacts, I can recommend agents that provide you with top quality service.

Refinance Loans - Understanding your refinance objectives is critical to obtaining just the right loan terms. Making certain that your goals are achievable before we even begin the process saves time and money. Working with me means that you will be fully informed at each step of the process.

FHA Renovation - In today's market, you may find that a renovating your home is a good option. With an FHA renovation loan, FHA 203k, you get excellent terms. Also the FHA loan amount calculations typically allow you to receive more money for your renovations, meaning that you may very well get all the work you want.

If you are interested in a government loan, FHA, VA, or Rural Development, go to an experience lender. I have offered government loans since 1994. Take advantage of our inhouse underwriting, superior processing and closing staffs. Churchill's lender relationships and experience will make a difference for you.

I am experienced with HUD owned properties, and working with other foreclosure companies. We offer the HUD $100 Down purchase program. We also offer the $100 Down program with the Repair Escrow. With the $100 Down program especially, you should demand an experienced loan officer or you take the chance of incurring fees because you have missed the contracted closing date.

I also offer the FannieMae Homepath program for FannieMae owned properties. This is a no mortgage insurance program that can help families purchase a home with little down. It is also a great program for investors.

Relocation is made smooth with our local contacts and use of internet technology - secure online applications, toll free fax number, secure website user accounts, daily status reports, and the informative lock recommendation. Your move will be the happy experience it should be, because you will not be worrying over the financing of your new home.

Local focus - you can find ready resources to learn about the local communities in our service area.

Credit repair - You will not find better credit consultation anywhere. If you need professional assistance to repair your credit, you will know exactly what they need to do for you.  For the most part you and I can work through credit issues.

I have been active with the Red Bank Lions club and have served several terms on the board of my church, the Chattanooga Community Kitchen, and the Episcopal Commission of South East Tennessee.  I have also worked with the Chattanooga Chamber of Commerce as one of their ambassadors.

Currently, I am a committee chair with the Women's Council of Realtors, a member of the Chattanooga Association of Realtors, the Home Builders Association of Southern Tennessee, the mortgage brokers association,and the mortgage bankers association.

My goal is to WOW you.

Please take time to read some of my recent articles published in the Scotsman Guide.

 

 

We specialize in FHA, VA, and Rural Development mortgage loan programs. We offer these programs along with the traditional conventional mortgage programs.   We are experienced FHA lenders, with proven results in credit help.  We have developed excellent reputations and relationships with our investor partners.

That quality investor relationship is of critical importance to you, our client.

My real estate agents know they receive my full commitment and the commitment of our local and our corporate staff. I stay fully accessible.

I return phone calls.

I tell the truth.

My clients and partners are kept fully informed of the status. My experience both as a mortgage loan officer and as a mortgage lender helps me to identify potential loan approval issues early in the process. This allows my clients to have right expectations about their home financing transaction. I know the financial goals of my clients and work hard to develop a lasting relationship with them.

Credit has become increasingly important in today's market. We have demonstrated results for many of our clients in helping them improve their credit histories without using for fee credit repair companies. In fact, I have been helping clients with their credit for several years. In today's market, good credit management can have a significant impact on loan approval and loan terms. I will take the time to review, explain, evaluate, and advise.

FHA home loans have always been a specialty. Even when FHA was losing market share to subprime and Alt A mortgages, we were closing FHA mortgage loans. Other brokers may have steered borrowers into subprime loans. I worked with borrowers to get an FHA home loan approved. Because of that, I gained considerable processing experience with the art of manual underwriting and full documentation. Processing can make all the difference in getting a loan approved.

For those buyers who do not have a credit score, but do not have bad credit, ask me about our No Score FHA home loan.

We put technology to work for you. This makes your loan process smooth.

You know the status.

You have the information.

You can make the informed decision.

Lending is local. We use technology to give you local service - right where you are.

 

 

"I would like to thank you for your help as our mortgage broker during our relocation to Chattanooga.  Your knowledge of the process and willingness to take the time to answer my many questions were greatly appreciated.  Thank you for professionally handling all the paperwork and helping to ensure that my financing was arranged and that closing occurred on schedule." MH Chattanooga

"Richard is a professional and I would recommend him to anyone needing sound advice about their mortgage." BH Chattanooga, TN

"This is my first purchase. We just had a baby last year. And we are so excited. Richard has keep us informed of the status with daily emails. He always makes sure that we know what to expect next. On top of that, during the loan, my wallet was stolen. Richard came in over the weekend to help with all things I needed to do about indentity theft and to notify the charge card companies and the credit bureaus. He really helped." CK East Ridge, TN.

"My loan went well, really quickly. But there was a problem with the lender taking the appraisal. Richard stayed in touch continuously. I always new what was next. He worked with the realtor and with the appraiser and got the loan done. Even going to another lender, he kept my rate and still closed quickly. " RH Chattanooga, TN

"Richard is one of the most professional and knowledgeable broker/bankers I have had the pleasure of working with, it is refreshing to see his commitment and dedication to our industry." ST Nashville, TN

"I needed to purchase the salon where I worked. It was a great opportunity. Richard told me what needed to be done, but another lender kept making promises. Those promises were never kept. Richard was patient. He told me to keep working with the other company as long as I thought things were going to go through. He would keep my loan ready if I needed it. Well, I needed it. Now I have my salon and it is going well. Richard knew how to get it through." Cleveland

"Richard has been great to work with. I love it when my clients take charge of their advertising campaigns and want to be personally involved to really make it their own. He worked hard to personalize his commercial and has worked to keep his website up-to-date. Thanks Richard for making it easy to work with you and being a man of integrity. If you're interested in making your dreams come true and having financial freedom, Richard is the man to talk to to!" GH Chattanooga, TN

"Richard works hard for my buyers. I know that. He calls me before I call him most of the time. I love the daily updates. He sends weekly articles about changes and other news. I really feel like I know the status. And when something comes up, I know he is giving me the right information. That really is important to me." LP, Chattanooga