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Clean Neighborhood

Buy Now, Refi Later.


Finance your home purchase with us and we'll pick up all third party refinance costs if rates drop by .50% or more within five years.*


Just researching your options?

Learn exactly what you're qualified for in about 3 minutes. No cost or obligation and will not affect your credit score.


Ready to start looking at houses and making offers soon?

With our verified and underwritten pre-approval, sellers will know you're able to buy, And, you'll be certain your mortgage will be ready to close on time once you find a home to buy.


Found a home to buy and need the perfect mortgage?

Our intuitive online application will get you on the path to a quick and hassle-free closing. You can get started now and complete it at your own pace.

* For Local Mortgage purchase mortgage customers refinancing conventional fixed rate primary residence loans obtained from Local Mortgage with refinance loans provided by Local Mortgage. Local Mortgage will pay borrower's traditional third-party closing costs for refinancing, excluding any amounts necessary for establishment of a new escrow account or interim interest. New interest rate must be 0.50% lower than original rate, must have made six (6) on-time payments and continue to occupy the property as a primary residence. Closing on refinance loan must occur no sooner than six (6) months and within five (5) years of the first payment date of existing loan. Subject to qualification for the refinance loan based on conventional lending guidelines in place at the time of application for refinancing. This benefit may be used one time per eligible borrower. Offer valid in TN, MS, GA, FL, CO & MN.

Saving you money with lower rates everyday!

Along with five star service, our rates are consistently below the national average! Our customers are saving thousands of dollars on their mortgages. No compromises - Here, you can get great rates and “LOCAL” service!

Current Purchase Rates

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15 Year
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Have questions? Need advice? . . . Talk to us!

There's nothing our loan officers like doing more than meeting our customers and helping them one-on-one. 

Call us at 901.504.4663

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Your Loan Will Close On-Time.
We Guarantee It!

Get Pre-Approved with us and We'll Guarantee a Quick Closing.

Many things come together at once when closing on a home purchase. We understand how stressful it can be and do the work necessary on our end to ensure you'll have a smooth, on-time and worry free closing. We even guarantee that once you're pre-approved with us, when your find a home, your loan will close on-time in as soon as three weeks. If not, we'll make your first payment (up to $2,000).

Terms and Conditions>

Not all pre-approvals are the same?

Many lenders use the term "pre-approved" very loosely. Often its just a loan officer estimating your qualifications based on a credit report and whatever you say your income and assets are. At Local Mortgage we know our customers and their real estate agents need and expect better. It's why we developed our Approved Home Buyer™ Program.  


With Local Mortgage you'll get a fully-verified and documented approval for you as a homebuyer. Beyond just reviewing your credit report, we take the time to actually  document your qualifications such as employment, income and assets. Our underwriting team then approves your loan except for property-specific items. The approval is good for 120 days to allow you plenty of time to find a home then, once you have, we just need to review the sale contract, title work and appraisal and can get your loan ready to close quickly.

We also stand behind our approvals with our Close-on-time Guarantee¹ where we guarantee a closing date (as soon as 21 days from when we get your fully executed sale contract) or we'll pay your first mortgage payment up to $2,000. 

Great Service - No Compromises

We started Local Mortgage to bring something different to the mortgage market. For a while now, customers have had to choose between low rates with technology driven companies, generally sacrificing on service or getting typically higher rates from local loan officers that sometimes offer a higher level of service than their online counterparts. Not anymore…


If you want the best rates, great products and the right blend of technology with a human touch during your mortgage process, you are in the right place. When you are ready to buy a home, you will feel at home with Local Mortgage.

Travis Chapman, CEO

Become Our Customer and We'll Make You a Fan

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No Closing Cost Purchase Loans

Many homebuyers know they need to save for down payment when getting ready to purchase a home. They work hard to save 5% or more of their estimated sales price but then are disappointed to find out they need another 3-5% for the closing costs. Years ago, it was common place for sellers to help with the buyers closing costs but in today’s sellers’ market, buyers are typically having to cover their own closing costs. more>

Moving In

Five Loan Types You Should Know

When you begin to research home loans, you will come across numerous different mortgage products. Some of these products can save you money, while others may not be designed for people in your particular circumstances. For that reason, it helps to know a little bit about the various types of mortgages that will be available to you. That’s where Local Mortgage can help. more>

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