901.504.4663
Call us anytime
Today's Mortgage Rates
Great rates - consistently below the national average, no lender fees, five star service and exclusive features.
We started Local Mortgage to bring something different to the mortgage market. Historically, mortgage customers had a choice between lower rates (and, typically poor service) with online lenders or better service with higher rates from local loan officers.
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 or refinance, you will feel at home with Local Mortgage.
Conventional Fixed Rates
Mortgage loan interest rates change daily (until locked-in) and vary according to each loan's characteristics. Below are representative rates based on a $475,000 loan amount at 95% loan-to-value to owner-occupant borrowers with 740 or greater credit scores for a 30 day rate lock period. Your actual rate may be lower or higher than these representative rates based on your individual loan characteristics.
To get accurate rates for your needs, please click here (or any of the rate quote buttons on this page). You'll answer a few brief questions about your loan needs before receiving a customized rate quote including closing costs applicable to your loan. There is no cost or further obligation for receiving a rate quote and your information will be secured and kept confidential.
30 Year Fixed Rates
Interest Rate
5.750%
5.990%
6.500%
5.839%
6.012%
6.500%
0.974
0.236
(0.892)
Best Rate with
low or no points
20 Year Fixed Rates
Interest Rate
5.500%
5.875%
6.375%
5.642%
5.887%
6.375%
1.167
0.101
(1.008)
Best Rate with
low or no points
15 Year Fixed Rates
Interest Rate
4.990%
5.375%
5.990%
5.135%
5.398%
5.990%
0.963
0.154
(1.071)
Best Rate with
low or no points
Jumbo, FHA, VA, or USDA Rates
Call 901.504.4663 for a rate quote or use our quote button below.
These are representative rates. Get a custom rate quote for accurate rates applicable to your loan needs.
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
Great Rates with 5 Star Service
As a family-owned company, we’ve always been more about people than numbers. We set out from the beginning to offer what we call “LOCAL” service. That means personal service from your very own loan team. We answer our phones and reply quickly to your texts and emails. Our people are true professionals who really know mortgages and how to create the best deal for each customer. They consistently get rave reviews for their service.
Along with high levels of service, you'll also get interest rates that are consistently much lower than the national average. By serving a large area from one office, marketing directly to those most likely to need us and using leading edge technology, we've kept expenses low as our business has continually grown.
Our customers realize those cost savings every day by saving thousands of dollars on their mortgages. No compromises - Here, you can get great rates and “LOCAL” service!
Travis Chapman, CEO
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>
Get a free mortgage checkup to learn more about your home's refinancing potential.
