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Fresh Start Home Loan

We understand that unexpected things happen in life and sometimes you might just need a fresh start. That’s why we offer a fresh start home loan financing program designed for customers with less-than-perfect credit.


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  • The applicable service charge (shown below) will be added to your loan account when you submit your request. Where legally allowed, the maximum fees charged by Vanderbilt for the indicated services are as follows:

    Co-Counsel Fee$10.00
    Lien Release Recording Fee$57.00
    NSF (Returned Check) Fee$35.00
    Recast Fee$150.00
    Redraft Recast Fee$25.00

    Please do not send fees in with your payment. There are two ways to pay these fees. Call us at 1-800-970-7250 or mail them to the following address:

    Attn: Accounts Receivable
    Vanderbilt Mortgage and Finance, Inc.
    500 Alcoa Trail
    Maryville, TN 37804

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  • If you need help with insurance or would like an insurance quote, call Assurant Agency at  1-800-260-6762 or call any insurance agent of you own choosing. Vanderbilt does not require that you purchase homeowners insurance from Assurant Agency in order to obtain a loan.

  • Your initial tax escrow payment is determined at the time you apply for financing of your home and land if land is included with your mortgage. The sales price of the home and value of real estate that are included as collateral for your mortgage are multiplied by the most recent rate charged by your taxing authority and becomes your annual property tax estimate. Your initial escrow payment that is collected along with your scheduled mortgage payment is 1/12th of your annual property tax estimate. Future annual tax escrow projections will be determined by taxes owed and paid the previous year.

Mortgage Payment Calculator

Trying to plan what your payment may look like? Are you renting and want to compare your current rent to an estimated mortgage? We want to give you the tools to plan ahead by providing our Monthly Payment Calculator.

Tips & Tools

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Ready for a Fresh Start?