Churchill Mortgage overview
Churchill Mortgage is a privately held lender that was founded in 1992 and is based in Brentwood, Tennessee. The lender offers a number of loan products, including conventional loans, FHA loans, jumbo loans (currently may be limited/suspended) and refinancing, as well as a "no-score loan" with manual underwriting for borrowers with unique credit circumstances (currently may be limited/suspended).
Churchill Mortgage operates in the majority of states and Washington, D.C., and has brick-and-mortar locations in several states. With the lender’s no-cost Rate Secured program, borrowers can lock in low rates for up to 90 days, with the ability to relock an additional 90 days afterward, to ensure the lowest possible rate.
- Adjustable-rate (ARM)
- Jumbo (currently may be limited/suspended)
- Rate-and-term refinancing
- Cash-out refinancing
Churchill Mortgage fees vary by loan type.
Minimum borrower requirements
Churchill Mortgage adheres to the conforming loan requirements for mortgages approved by government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, as well as those backed by the Federal Housing Administration (FHA) and the Department of Veterans Affairs (VA).
For conventional loans, key requirements include good credit (typically a FICO score of 620 or higher). Depending on the loan, a minimum down payment of 3 percent is required.
For FHA and VA loans, requirements are set by the government. You can find them here:
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