Local Mortgage Inc.

Mortgage Lender serving Memphis, TN

About Local Mortgage Inc.

Local Mortgage is a family-owned mortgage company founded in 2019. They aim to save customers money by providing lower interest rates and world-class service. Built on a multi-generation, 50+ year history in mortgage lending, Local Mortgage emphasizes long-term customer satisfaction over commission-based incentives.

Their Loan Officers are stakeholders in the company and are compensated through the overall financial success of the organization. Customers benefit by receiving interest rates that are consistently lower than the national average.

Local Mortgage offers purchase and refinance options. They operate in TN, MS, GA, FL, CO & MN.

Company Information

Founded: 2019
Lender Type: Direct Lender
Headquarters: Memphis, TN

Licensed In

TNMSGAFLCOMN

Digital Capabilities

ONLINE_APPLICATION
RATE_CALCULATOR
PRE_QUALIFICATION_TOOL

Home Loan Products

30 Year Fixed Rate

Loan Types:
Conventional
Rate Types:
FIXED
Property Types:
Single-Family HomeCondoTownhouseMulti-Family (2-4 units)Manufactured/Mobile HomeCo-opInvestment PropertyVacation/Second HomeTiny HomeModular Home
Occupancy Types:
PRIMARY_RESIDENCESECOND_HOMEINVESTMENT_PROPERTY
Available Terms:
30 years

15 Year Fixed Rate

Loan Types:
Conventional
Rate Types:
FIXED
Property Types:
Single-Family HomeCondoTownhouseMulti-Family (2-4 units)Manufactured/Mobile HomeCo-opInvestment PropertyVacation/Second HomeTiny HomeModular Home
Occupancy Types:
PRIMARY_RESIDENCESECOND_HOMEINVESTMENT_PROPERTY
Available Terms:
15 years

Refinance

Loan Types:
REFINANCECASH_OUT_REFINANCE
Rate Types:
FIXED
Property Types:
SINGLE_FAMILY_HOMECONDOTOWNHOUSEMULTI_FAMILY_2_4_UNITSMANUFACTURED_HOMECOOPINVESTMENT_PROPERTYVACATION_HOMETINY_HOMEMODULAR_HOME
Occupancy Types:
PRIMARY_RESIDENCESECOND_HOMEINVESTMENT_PROPERTY
Available Terms:
15 years30 years

Contact Information

Professional Licenses

NMLS ID: 1855068
5350 Poplar Ave Suite 850
Memphis, TN 38125
US
Mailing Address:
5350 Poplar Avenue, Suite 850 Memphis, Tennessee 38119

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Business Information

Category: Mortgage Lender
Location: Memphis, TN
Status: Standard
Founded: 2019
Type: Direct Lender
NMLS ID: 1855068
Profile Views: 1

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