VA Loans in Hendersonville, TN: A Veterans Day Guide
Can veterans buy a home in Hendersonville, TN with no money down? Yes. Eligible veterans, service members, and some surviving spouses can use a VA loan to buy a primary residence in Hendersonville with $0 down and no monthly mortgage insurance. Borrowers with full entitlement have no VA loan limit, though the lender still has to approve the loan and the appraisal must support the price.
Veterans Day is a great time to talk about one of the most valuable benefits veterans earn. Here’s how a VA loan in Hendersonville, TN works in 2026, what it costs, and how to celebrate the holiday locally.
Key takeaways
- VA loans allow no down payment and have no monthly mortgage insurance.
- With full entitlement, VA sets no loan limit. Your lender decides how much you can afford.
- The 2026 VA funding fee for first-time use with under 5% down is 2.15% of the loan. Veterans receiving VA disability compensation are generally exempt.
- Hendersonville’s Veterans Day Parade is Sunday, November 8, 2026, at 2:00 p.m.
Honoring veterans in the City by the Lake
Hendersonville takes its veterans seriously. The City of Hendersonville describes itself as home to many military retirees and Guard and Reserve members. It also notes a marker on Main Street that recognizes Hendersonville as a Gold Star community, honoring families who lost loved ones in military service.
Even one of the city’s main roads carries that respect: Vietnam Veterans Boulevard (State Route 386) connects Hendersonville to the Nashville area.
Veterans Day 2026 events near Hendersonville
- Hendersonville Veterans Day Parade: Sunday, November 8, 2026, at 2:00 p.m., running from Cherokee Drive to Executive Park Drive, per the Hendersonville Chamber of Commerce. Groups that want to march must submit entries by October 30, 2026.
- VA Tennessee Valley Healthcare System Veterans Day Parade: Saturday, November 7, 2026, at the Alvin C. York VA Medical Center in Murfreesboro.
What is a VA loan?
A VA loan is a mortgage from a private lender that is partly guaranteed by the U.S. Department of Veterans Affairs. Because VA backs part of the loan, lenders can offer terms that are hard to match: no down payment in most cases, no monthly mortgage insurance, and often competitive rates.
Who qualifies?
Eligibility depends on service history. It generally covers veterans, active-duty service members, National Guard and Reserve members who meet service requirements, and certain surviving spouses. You’ll need a Certificate of Eligibility (COE), which we can help you request.
What is VA entitlement?
Entitlement is the amount VA promises to repay your lender if the loan defaults. According to the VA’s entitlement page, if you have full entitlement, you don’t have a loan limit, as long as you can afford the loan and the appraisal supports the price. If part of your entitlement is tied up in another VA loan, county limits can affect how much you can borrow with no money down.
How much is the VA funding fee in 2026?
The funding fee is a one-time charge that helps keep the program running. You can pay it at closing or roll it into the loan. The VA’s current chart for purchase loans:
| Down payment | First use | After first use |
|---|---|---|
| Less than 5% | 2.15% | 3.3% |
| 5% or more | 1.5% | 1.5% |
| 10% or more | 1.25% | 1.25% |
You generally don’t pay a funding fee if you receive VA compensation for a service-connected disability, among other exemptions listed by VA.
Can the seller help with closing costs?
Yes. VA lets sellers pay a buyer’s closing costs, but seller concessions (extras like paying the funding fee or paying off buyer debts) are capped at 4% of the home’s reasonable value, per VA.
What are VA rates right now?
- Freddie Mac PMMS: the 30-year fixed averaged 7.40% as of October 15, 2026, unchanged from the week before and up from 6.27% a year earlier. The 15-year fixed averaged 6.71%. (Freddie Mac)
- Mortgage News Daily: on October 20, 2026, its daily index showed a top-tier 30-year fixed at 7.40%, 30-year FHA at 7.02%, 30-year VA at 7.04%, and 30-year jumbo at 7.65%. (Mortgage News Daily)
Notice that the VA index was well below the conventional 30-year index on the same day. Your own rate will depend on your credit, the lender, and the loan details.
Does a VA loan work in Hendersonville’s market?
It can. Sumner County’s September 2026 median sale price was $446,000 with about 4.32 months of supply (RealTracs via Grant Hammond, preliminary). With homes taking a bit longer to sell than in past years, VA buyers often have more room to negotiate repairs and seller-paid costs. For the details, see our Sumner County housing market report.
Thinking about a home on the water? VA loans can work for a lake home you’ll live in, as long as it meets VA property standards. Read our Old Hickory Lake homes guide first.
Tips for VA buyers in Hendersonville
- Get your COE early so it doesn’t slow your preapproval.
- Compare lenders. VA doesn’t set a minimum credit score, but many lenders do. A broker can shop multiple lenders for you.
- Plan for the VA appraisal. It checks value and basic property condition.
- Ask about reusing your benefit. You may be able to use a VA loan more than once.
Frequently Asked Questions
Do you need a down payment for a VA loan in Hendersonville, TN?
In most cases, no. Eligible borrowers with enough entitlement can buy a primary residence with $0 down, subject to lender approval and the appraisal.
Is there a VA loan limit in Sumner County?
Not if you have full entitlement. VA sets no loan limit for full-entitlement borrowers, though your lender still decides how much you can afford.
How much is the VA funding fee?
For a first-time purchase with under 5% down, it’s 2.15% of the loan amount. It drops to 1.5% with 5% down and 1.25% with 10% down.
Who is exempt from the VA funding fee?
Veterans receiving VA compensation for a service-connected disability are generally exempt, along with several other groups listed by VA.
When is the Hendersonville Veterans Day Parade?
Sunday, November 8, 2026, at 2:00 p.m., from Cherokee Drive to Executive Park Drive, according to the Hendersonville Chamber of Commerce.
Does a VA loan have mortgage insurance?
No. VA loans don’t charge monthly mortgage insurance, which can lower your monthly payment compared with other low-down-payment loans.
Thank You for Your Service. Let’s Get You Home.
Call CFC Mortgage — Hendersonville at (615) 357-7800 or visit www.hendersonvillemtg.com to talk with a licensed loan officer about your options. NMLS 103035.
About the author
This guide was written by the team at CFC Mortgage — Hendersonville, part of Coastal Funding Corporation (NMLS 103035). We’re a mortgage broker, so we compare loan programs from many lenders for buyers and homeowners across Hendersonville, Sumner County, and Middle Tennessee. Our options include conventional, FHA, VA, USDA, jumbo, and DSCR investment loans.
Coastal Funding Corporation (CFC Mortgage — Hendersonville) | NMLS 103035 | 534 S. Navy Blvd, Pensacola, FL 32507 | (615) 357-7800 | www.hendersonvillemtg.com. Equal Housing Opportunity. This is not a commitment to lend. All loans are subject to credit approval, underwriting guidelines, and property eligibility. Rates, terms, and programs are subject to change without notice. Rate and market figures cited are third-party data as of the dates shown and are not quotes or offers from Coastal Funding Corporation. Primary-residence loans offered in FL, SC, and TN; DSCR loans available nationwide.