Home financing in Union County.
County-by-county financing guides. No paperwork. No social. No ID.
No institution is headquartered inside the Union County line, but 1 keep an office open here. They are below, by name and by town.
Not this lane? Business FinancingPersonal Financing
The doors in Union County.
The CDFIs, credit unions, and microlenders that actually say yes — county by county, in two languages. We are not a lender. Nobody paid to be listed. And where a county has no good doors, we say so.
- 1
- DOORS HERE
- 0
- BASED HERE
- 59
- TN COUNTIES WITH DOORS
- Lane
- Home Financing
- People
- 20Kresidents of Union County
- Elsewhere in TN
- Shelby County →25 doors — the biggest list of any other county in Tennessee
- State
- Tennessee →59 of 95 counties hold a door in this lane
Based elsewhere, with a member-facing office inside the Union County line. You can walk in.
- Ornl Credit UnionPersonal · Home · Business capital
- Communities Unlimited, Inc.SBA microlenderCommunity lending · Business capital
- LiftFund, Inc.SBA microlenderCommunity lending · Business capital
- People Incorporated Financial ServicesSBA microlenderCommunity lending · Business capital
- The Housing Fund, Inc.Community lending · Business capital
- United Housing, Inc.Community lending · Business capital
- Mission Asset FundAccepts ITIN
Zero-interest lending circles and credit building. SSN or ITIN accepted. Works through nonprofit partners across the country.
Personal - Grameen AmericaAccepts ITIN
Microloans for women entrepreneurs. Requires photo ID and proof of address — no SSN requirement. Branches in major metro areas.
Business capital
How to read this list.
We do not ask for your name, your email, or your number. Nothing on this page changes based on who you are.
A door is headquartered here when its head office sits inside the county line. The rest are based elsewhere and keep a branch you can walk into. We list both, and we label which is which.
Every institution on this page comes from public federal data — the CDFI Fund certified list (Aug 2026), NCUA credit union data (Jun 2026), and the SBA microloan intermediary list (Sep 2026) — plus a short national tier we verified by hand. We refresh each list as its agency publishes. No listing is paid.
Buying or refinancing a home in Union County, Tennessee is very achievable, even if your credit history is limited or you use an ITIN instead of a Social Security number. This guide walks you through the types of home loans available, who qualifies, what paperwork you will need, and which local lenders and nonprofits actually serve this area. It also points out common traps so you can make a confident, unhurried decision.
What Is Home Financing?
Home financing means borrowing money to purchase, build, or refinance a home, then paying it back over time — usually 15 to 30 years — with interest. The loan is secured by the property itself, which means the lender can reclaim the home if payments stop. There are several common loan types available in Union County:
- 01**Conventional loans**
Offered by banks and credit unions, typically requiring a credit score of 620 or higher and a down payment of 3–20%.
- 02**FHA loans**
Backed by the federal government, these allow lower credit scores (as low as 580) and down payments as low as 3.5%. They are popular with first-time buyers.
- 03**USDA Rural Development loans**
Because much of Union County is classified as rural, many properties here qualify for a USDA loan, which can offer 0% down payment to eligible buyers.
- 04**VA loans**
For veterans and active-duty service members. No down payment required.
- 05**ITIN loans**
Some lenders accept an Individual Taxpayer Identification Number instead of a Social Security number, making homeownership possible for buyers who are not U.S. citizens or permanent residents.
- MISSING ONE?Ask Iris which one you're missing.ASK A QUESTION ↓
Forget what the banks say.
Union County is a rural Appalachian community in East Tennessee, with Maynardville as the county seat. The economy here is built around agriculture, construction trades, light manufacturing, and commuter work into Knoxville — about 30 miles to the south. Many residents are self-employed contractors, farm operators, or work seasonal jobs. These income patterns are common, and lenders familiar with this region know how to work with them. **Key local eligibility factors:**
- 01**USDA eligibility**
Most addresses in Union County qualify for USDA Rural Development loans because of the county's rural designation. This is one of the most significant benefits for buyers here. Income limits apply (typically around $110,650 for a household of 1–4 in Tennessee in 2024 — confirm current limits at usda.gov).
- 02**Self-employed and gig workers**
If you are a solo contractor or have irregular income, you will need two years of tax returns and possibly a profit-and-loss statement. Local lenders who understand regional construction trades are more flexible than large national banks.
- 03**ITIN buyers**
If you do not have a Social Security number but file taxes with an ITIN, you can still qualify for a home loan through ITIN-specific lending programs. Several lenders and CDFIs in the broader Knoxville and East Tennessee region serve Union County buyers with ITINs.
- 04**Low-to-moderate income households**
Tennessee Housing Development Agency (THDA) programs are designed specifically for buyers who earn moderate incomes. Many Union County households qualify.
- 05**First-time buyers**
THDA's Great Choice Home Loan program is a strong starting point. Down payment assistance is available.
- MISSING ONE?Ask Iris which one you're missing.ASK A QUESTION ↓
Get your papers in order.
Gathering your paperwork early saves time and stress. Here is what most lenders will ask for:
For all buyers:
- Government-issued photo ID (driver's license, passport, or consular ID card — a Matrícula Consular is accepted by some lenders)
- Social Security number OR ITIN (Form W-7 confirmation letter from the IRS)
- Two most recent pay stubs (if employed by someone else)
- Two years of federal tax returns (W-2s or 1040s)
- Two to three months of bank or credit union statements
- Proof of any other income (rental income, child support, Social Security benefits)
If self-employed or a solo contractor:
- Two years of personal AND business tax returns
- Current profit-and-loss statement (your accountant or a CDFI counselor can help prepare this)
- Business license or contractor registration, if applicable
For ITIN applicants:
- ITIN confirmation letter from the IRS
- Two years of ITIN-filed tax returns (Form 1040 with ITIN)
- Alternative credit history documentation (utility bills, rent receipts, insurance payment records) if your traditional credit file is thin
Property-related documents (gathered later in the process):
- Signed purchase agreement
- Property address for USDA eligibility check
- Homeowner's insurance quote
Tip: A HUD-approved housing counselor can help you organize all of this at no or low cost before you ever approach a lender.
The doors worth knowing.
Union County does not have a large number of bank branches within its own borders, but buyers here are well-served by institutions headquartered in nearby Knoxville and the broader East Tennessee region.
ALL 1 DOORS, BY NAME AND BY TOWN- 1
- DOORS HERE
- 78
- ACROSS TN
Based in Oak Ridge, Tennessee. A credit union — owned by its members rather than by shareholders, which is exactly what changes the conversation after a bank has said no.
BEST FORA personal loan, or building a credit file from nothing, and buying, repairing or refinancing a home.
Don't fall into these traps.
Rural areas like Union County can attract predatory lenders because residents may have fewer local options and less access to financial education. Here are the patterns to watch for:
Rent-to-own or land contract schemes
Some sellers offer "contract for deed" or "rent-to-own" arrangements, especially to buyers who cannot qualify for a traditional mortgage. These are high-risk. You may pay for years without ever receiving clear title. Tennessee law offers some protections, but enforcement is difficult. Always work with a licensed attorney before signing any such agreement.
High-cost mortgage loans ("predatory mortgages")
Be cautious of any loan with an interest rate significantly above market (more than 2–3 percentage points above the going 30-year fixed rate), balloon payments, prepayment penalties, or fees that seem unusually high. These are red flags. Compare at least three lenders before signing anything.
Equity stripping
If you already own your home and someone approaches you — especially after a hardship — offering to refinance or "help" you with a loan using your home's equity, be very careful. These schemes often result in homeowners losing their equity or their home entirely.
Unlicensed "notario" or immigration consultant schemes
In some Latino communities, individuals advertise as "notarios" and offer mortgage help or ITIN loan services. In Tennessee, they are not licensed attorneys or mortgage professionals. Only work with licensed mortgage loan originators (check licenses at nmlsconsumeraccess.org) and licensed attorneys.
Urgency pressure
No legitimate lender will pressure you to sign immediately or tell you a deal expires in hours. Take your time. Sleep on it. Have someone you trust review documents. A good lender will respect that.
Title issues in rural properties
Older Union County properties sometimes have "heirs property" issues — where land has been passed down through generations without a formal will or deed, leaving ownership unclear. Do not buy or take a loan on a property with unclear title. Work with a local real estate attorney to resolve title before closing.
The rules where you are.
Tennessee has its own layer of laws and programs that affect home buyers in Union County. Here is what matters most:
Tennessee Housing Development Agency (THDA) oversight
THDA is the primary state-level housing finance agency. It licenses mortgage lenders in Tennessee, funds affordable loan programs, and maintains the Great Choice and Great Choice Plus programs for first-time and repeat buyers in targeted areas. Union County qualifies as a non-targeted area, so "first-time buyer" rules apply (meaning you cannot have owned a home in the last three years).
Tennessee Homeowner Assistance Fund (HAF)
If you already own your home and have fallen behind on mortgage payments due to financial hardship, Tennessee's HAF program (funded through federal COVID relief money) may provide assistance. Check tn.gov/humanservices for current availability — funds are limited.
Transfer taxes and recording fees
Tennessee charges a state transfer tax (called the "documentary stamp tax") on real estate conveyances. The rate is $0.37 per $100 of the home's value, paid at closing. In Union County, the Clerk's office handles recording. Budget for this at closing.
Property taxes
Union County property tax rates are among the lowest in East Tennessee, which is a real long-term advantage for buyers on fixed incomes. The Union County Trustee's office can confirm current rates. Seniors and disabled homeowners may qualify for the Tennessee Property Tax Relief Program — contact the State Comptroller's office at comptroller.tn.gov.
Foreclosure process
Tennessee is a non-judicial foreclosure state for most mortgages, meaning lenders can foreclose without going to court if you default. The process can move quickly — typically within 60 days of notice. If you receive any notice of default, contact a HUD-approved housing counselor or legal aid immediately. Tennessee Legal Aid Services (las.org) offers free help to qualifying homeowners.
Contractor licensing
If you are a solo contractor buying a property you plan to improve or flip, know that Tennessee requires contractor licenses for projects over $25,000. Ensure any contractor you hire (including yourself if applicable) is properly licensed through the Tennessee Department of Commerce and Insurance.
The short version.
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If you are looking to buy or refinance a home in Union County, Tennessee, here is what to know in plain terms:
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1. You have good options here. Because Union County is rural, most properties qualify for USDA loans with zero down payment. If you are a first-time buyer, the Tennessee Housing Development Agency (THDA) can pair you with down payment help. Veterans have VA loan access.
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2. ITIN buyers are not shut out. If you file taxes with an ITIN, there are lenders and CDFIs in the Knoxville-East Tennessee area who will work with you. Ask directly, keep looking, and connect with a HUD-approved housing counselor first.
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3. Self-employed and contract workers can qualify. Keep clean records of your income — two years of tax returns and a simple profit-and-loss statement go a long way with community lenders who know the region.
Same county, another question.
Business FinancingLoans, lines of credit, and capital for small businesses and contractorsSEE IT IN UNION COUNTY →
Personal FinancingPersonal loans, credit building, and ITIN-friendly financing optionsSEE IT IN UNION COUNTY →59TN COUNTIES WITH DOORSThe whole stateEvery county in Tennessee, in this same lane.78 institutions fund homes and repairs inside Tennessee county lines.OPEN THE STATE →Still don't see your situation?
Ask Iris. She'll explain it the way it should have been explained the first time.