What type of loan to value amount is good for a mortgage in TN?

There are actually 2 other options available. FHA, which requires 3.5% down or a Rural Development loan through the USDA which requires NO money down. The property must be in a rural area defined by the USDA. The link to their home page is http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do The left of the page has options for property & income eligibility, as well as their general guidelines. I do these loans all the time so if you have a specific question or two, feel free to call any time. Todd Tholl Main Street Financial 563-324-9937

I can help you qualify for the loan. You should be at least 45% or less in Debt to income ratio. This is a start, to determine how much home you want or can afford. I can explain the details via e-mail or phone. Yes, there is FHA which starts at 3.5% down. There are USDA programs for areas that are Rural and may finance 100%. Where are you looking to buy?