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Buy a home with a lower mortgage rate.
We are a family owned mortgage lender in Memphis, Tennessee built to provide our clients lower mortgage rates and five-star service.
PRODUCTS
Range of mortgage products to fit your needs.
LOW RATES
Rates below the national average.
OUR PROCESS
A human experience with online ease.
COMMUNICATION
Responsive, straightforward communication.
We help all types of home buyers get lower rates.
No matter your purpose for buying a home, we are the best mortgage lender for you. We will help you save money with a low interest rate and show you why our clients consistently give us 5 star reviews.
You deserve lower mortgage rates.
6.270%
Today's National Average
30 Year Fixed Conventional
Today's national average for a 30 year fixed Conventional rate per Mortgage News Daily.
5.875%
Today's Rate (5.903% APR)
30 Year Fixed Conventional
Today's 30 year fixed Conventional rate from Local Mortgage.
.395%
Today's Rate Savings
Lock in a lower rate today
Our customer's rate savings as compared to the national average.
$31,555
Life of Loan Interest Savings
This can be your savings
The life of loan interest savings for a $344,000 loan amount.
You deserve the best mortgage company.
We have an unwavering commitment to our clients. Read a few of our 200+ reviews on Google, they will tell you better than we can! You can can count on our commitment to being available when you need us, answering your questions, and handling your loan with the care it deserves. Our company is built around owners and stakeholders, rather than employees. Quite frankly, your satisfaction means more to us.
Our mission is to help you save. You work hard to afford your home, don't pay more than necessary. We monitor our rates everyday to make sure that we are giving you the best mortgage at the lowest rate possible. Since our company is built around owners, we have eliminated high sales commissions which results in lower rates for you.
Our family has over 50+ years of combined experience helping families buy homes. We have closed thousands of loans for people just like you, giving us the experience and expertise to close your loan quickly and efficiently.
Top Agents Choose Local Mortgage
Niki Berry
BHHS McLemore & Co
As a real estate professional, having reliable, responsive, and knowledgeable partners like Local Mortgage in my network is essential to delivering an exceptional experience for my clients. Because of their expertise, clear communication, and unwavering commitment to excellence, I highly recommend Local Mortgage to anyone in need of a trusted lending partner.
Tracie & Dustin Benetz
Emmett Baird Realty
We have had the pleasure of referring our buyers to Local Mortgage, and the experience has been exceptional every time. Their team is responsive, knowledgeable, and truly dedicated to finding the best solutions for each client. They make the mortgage process seamless, which is invaluable for both buyers and agents!
The Jeffrey Team
Crye-Leike Realtors
Whenever Local Mortgage is handling the financing for our buyers, it's as if the lending portion of the transaction is on auto-pilot. Local Mortgage's team is equal parts professional and knowledgeable, and they always go out of their way to try to get the most competitive financing for our clients. We highly recommend them!
Allison Holden
BHHS McLemore & Co
Handing my clients off to the team at Local Mortgage is one of the easiest decisions I make as a Realtor. Local Mortgage has continued to earn my business by providing outstanding customer service, competitive rates, and efficient communication. Travis, Derek, and the team continue to put themselves in my top tier by their own proven track record.
Mary Lynn Nicholson
BHHS McLemore & Co
I love the team at Local Mortgage! They work hard to educate my clients on loan products, prepare pre approval letters efficiently, and always get us to the closing table on schedule. This company does an exceptional job for my clients EVERY time!
Michael Jacques
Reid Realtors
Their exceptional communication throughout the mortgage process ensured that everything was seamless and stress-free. As a realtor, I trust them to get the job done efficiently and on time, often even ahead of schedule.
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Melissa Thompson
eXp Realty
We love working with Local Mortgage. Their exceptional communication and unwavering dedication to their clients make every transaction seamless. We trust Local Mortgage to provide top-notch service, knowing our clients are always in the best hands.
Aaron Jacques
Reid Realtors
Local Mortgage has been top notch to work with throughout the entire process! I appreciate their responsiveness, knowledge and communication. Looking forward to many more deals together!
A human experience with online ease.
1. Consultation
Our 10 minute consultation is quick and casual. Help us understand your goals so we can put you on the right path.
2. Application
Apply online or over the phone. We will give you a same day preapproval and get the loan process started.
3. Processing and Underwriting
Our loan process blends electronic document submission and automated updates with a human touch. We are always available to answer your questions.
4. Closing
Electronically sign some of the forms before closing, and then meet us at the closing attorney to sign the notarized documents.
Our Mortgage Products
We offer all of the best mortgage products for home purchases. No matter which product you need, you will always get the best mortgage rate possible.
Our Approved States
We are located in he heart of Memphis, Tennessee and proudly serve our hometown of Memphis and the surrounding areas. Being a local mortgage lender, we are abele to provide the best mortgage at the lowest rate to the communities and neighborhoods where we work and live.
By investing in the best technology and committing to the highest levels of service, we are able to deliver our hometown service across a wider geographic footprint with no sacrifices. Homebuyers and homeowners in the states listed here can also get the best rate and experience our five star service.
Colorado
Florida
Georgia
Mississippi
Tennessee
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