Profile: 21st Mortgage Corporation
21st Mortgage Corporation
620 Market Street
Knoxville, Tennessee 37902
21st Mortgage Corporation is a full service lender specializing in manufactured home loans. We originate and service a variety of loans to borrowers from manufactured home retailers, mortgage brokers and directly to consumers all over the USA.
21st Mortgage opened its doors in downtown Knoxville in 1995 with a staff of four, which included the founders. Today, we have reached a total of 649 team members and continue to grow. 21st Mortgage has contributed to the revitalization of downtown Knoxville and continues to actively participate and support local organizations.
Since 2006, 21st Mortgage has been the largest employer of graduates from the University of Tennessee, Maryville College and ETSU. 21st Mortgage has had a consistent record of operating profitably every month since opening, including the challenging recession years from 2008 -- 2011. The number of mortgages we own or service has gone from zero in 1995 to over 170,000 today- that’s 7.5 billion dollars’ worth of loans!
Since its beginning, 21st Mortgage has offered financing for customers interested in purchasing a manufactured home. At first, the company focused on the Southern United States. Today, we provide mortgages to homebuyers all across America.
In December 2003, Clayton Homes, acting on behalf of Berkshire Hathaway, acquired 21st Mortgage. With the financial backing of Berkshire Hathaway, we currently rank as the largest provider of financing for manufactured home buyers in the United States.