Average Loan Estimate Fees in Tennessee (2025)
Last Updated: April 2026 · Data: Optimal Blue OBMMI via Federal Reserve FRED API
Tennessee Average
$4,615
Total lender & third-party fees
National Average
$6,425
Tennessee is 28% below the national average
Fee-by-Fee Breakdown (2025)
| Fee Type | Tennessee | National | Negotiable? |
|---|---|---|---|
| Origination Fee | $1,400 | $1,820 | Yes |
| Underwriting Fee | $720 | $830 | Yes |
| Processing Fee | $415 | $625 | Yes |
| Application Fee | $170 | $260 | Yes |
| Rate Lock Fee | $205 | $310 | Yes |
| Appraisal Fee | $345 | $520 | No |
| Title Insurance | $780 | $1,300 | No |
| Settlement Fee | $420 | $520 | Yes |
| Document Prep Fee | $140 | $210 | Yes |
| Flood Certification | $20 | $30 | No |
| Total | $4,615 | $6,425 |
Mortgage Closing Costs in Tennessee
In 2025, borrowers in Tennessee can expect total loan estimate fees of approximately $4,615 on average — 28% lower than the national average of $6,425. The lower costs in Tennessee reflect a competitive local lending market and relatively lower operating costs for title and settlement services. Of the fees listed above, the negotiable ones represent your best opportunity to reduce out-of-pocket closing costs — simply asking your lender to reduce or waive these fees before closing can save hundreds of dollars.
Data Note
Fee benchmarks reflect 2025 market conditions. Lender fees have trended approximately 2% higher per year since 2023 due to operational cost increases. Actual fees on your Loan Estimate may vary by lender, loan type, and loan amount.
Loan Estimate Analyzer
Want a full analysis of all your Loan Estimate fees?
FairRate analyzes every fee on your Loan Estimate and tells you which ones to negotiate — no lender affiliation, no lead generation. Just data.
Analyze My Loan Estimate — $29See a sample report →