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  2. Best Mortgage Brokers
  3. Mortgage Brokers in Tennessee
  4. Memphis

Best Mortgage Brokers in Memphis

Memphis Mortgage Brokers stats: Key insights from this page’s listings Updated
Businesses listed
10
Average rating
4.8 496 reviews
Most-offered services
Mortgage ServicesAppraisal ServicesHome LoanLoan RefinancingFirst-Time Home Buyer Assistance
What customers praise
recommend×147highly recommend×67on time×19recommended×16
Mortgage brokerMemphis, TN

1

The Wendy Thompson Lending Team

The Wendy Thompson Lending Team helps buyers secure home loans, even when applications have been rejected elsewhere, focusing on clear communication and avoiding surprises in payments. They assist with online applications and offer guidance throughout the process, with customers appreciating their support and responsiveness every step of the way.

Services & Prices
Home Purchase Mortgage Quoted per loan
Refinancing Quoted per loan
Pre-Approval Services Quoted per loan
View Profile
(901) 461-8858
Open 8:00 AM - 8:00 PM
6489 N Quail Hollow Rd Ste. 106, Memphis, TN 38120, USA
General Services
Mortgage Services
2

Local Mortgage Inc.

Local Mortgage Inc. offers personalized mortgage services with a focus on attentive, responsive support from a family-owned team. Serving multiple states from Tennessee, they help customers secure competitive rates for purchases and refinancing. While their thorough documentation process can feel demanding, clients appreciate the clear communication and smooth closings.

Services & Prices
Home Purchase Loans Quoted per loan
Mortgage Refinancing Quoted per loan
Pre-Approval Services Quoted per loan
Property Appraisal Quoted per loan
View Profile
(901) 504-4663
Open 8:00 AM - 8:00 PM
5350 Poplar Ave Suite 850, Memphis, TN 38119, USA
General Services
Mortgage Services
3

PrimeLending, A PlainsCapital Company - Memphis

With over 35 years of experience, PrimeLending, A PlainsCapital Company in Memphis specializes in guiding customers through mortgage and refinance loans, including renovation financing that combines home improvements into one payment. The team provides clear communication and prompt service, helping many first-time buyers feel confident throughout the process.

Services & Prices
Conventional Loan Quoted per loan
FHA Loan Quoted per loan
VA Loan Quoted per loan
Rate and Term Refinance Quoted per loan
View Profile
(901) 416-9570
Open 8:30 AM - 5:00 PM
6750 Poplar Ave # 118, Memphis, TN 38138, USA
General Services
Home Loan
4

Andrew O'Fee - The Yankee Closer

Specializing in guiding first-time homebuyers and refinancers through the mortgage process, Andrew O'Fee - The Yankee Closer offers clear communication and attentive support from application to closing. The team is known for thoroughness and responsiveness, helping clients feel informed and confident, though some may find the process detailed.

Services & Prices
Home Purchase Loans Quoted per loan
Refinancing Quoted per loan
VA Home Loans Quoted per loan
View Profile
(901) 237-3526
Open 8:00 AM - 6:00 PM
684 W Brookhaven Cir, Memphis, TN 38117, USA
General Services
Mortgage Services
5

New American Funding - Memphis, TN

Known for fast loan closings and clear communication, New American Funding’s Memphis team helps a wide range of homebuyers navigate mortgage options. They offer loan origination and funding services, with clients appreciating the team’s responsiveness and support throughout the process, even when challenges arise.

Services & Prices
Conventional Loans Quoted per loan
FHA Loans Quoted per loan
VA Loans Quoted per loan
Relationship Management for Buyers Quoted per loan
View Profile
(901) 590-5817
Open 8:00 AM - 5:30 PM
6000 Poplar Ave Ste. 250, Memphis, TN 38119, USA
General Services
Home Loan Services
Where they are 10 on the map Click a pin for the profile and directions
6

Mortgage Financial Services

Mortgage Financial Services focuses on helping homebuyers find the right mortgage product to fit their needs, whether they’re purchasing their first home, refinancing, or investing in a second property. The team guides clients through each step with clear communication and responsiveness, making the process straightforward and less stressful. Customers appreciate their patience and attention to… more...

Mortgage Financial Services focuses on helping homebuyers find the right mortgage product to fit their needs, whether they’re purchasing their first home, refinancing, or investing in a second property. The team guides clients through each step with clear communication and responsiveness, making the process straightforward and less stressful. Customers appreciate their patience and attention to detail throughout the loan experience.

Services & Prices
Home Purchase Assistance Quoted per loan
Refinancing Assistance Quoted per loan
Equity Pull-Out Quoted per loan
View Profile
(901) 748-5618
Open 9:00 AM - 5:00 PM
1582 Poplar Ave,Memphis, TN 38104
General Services
Mortgage Services
7

Eagle Mortgage & Funding

Known for serving Tennessee and Mississippi since 1994, Eagle Mortgage & Funding offers a variety of loan options including fixed-rate, FHA, VA, USDA, and 203k loans. Clients appreciate the team’s professionalism and support throughout the home purchase process, though some note occasional delays and communication gaps during refinancing.

Services & Prices
Conventional Loan Quoted per loan
FHA Loan Quoted per loan
VA Loan Quoted per loan
Rate and Term Refinance Quoted per loan
View Profile
(901) 761-9700
Open 8:00 AM - 5:00 PM
6260 Poplar Ave, Memphis, TN 38119, USA
General Services
Home Purchase
8

Benchmark Mortgage

Known for responsive communication and a patient, knowledgeable team, Benchmark Mortgage assists with home purchases and refinancing to secure better rates or cash options. Clients appreciate their friendly approach and smooth, timely transactions, often highlighting how they simplify what can be a complex process.

Services & Prices
Home Loan Quoted per loan
Refinancing Quoted per loan
View Profile
(901) 490-1570
Open 9:00 AM - 8:00 PM
3263 W Sarazens Cir, Memphis, TN 38125, USA
General Services
Mortgage Services
9

Mortgage Investors Group - Memphis

Mortgage Investors Group is Tennessee Housing Development Agency’s top lender, specializing in residential single-family mortgages with a focus on first-time homebuyers. They offer conventional and government loans, supported by on-site appraisal, underwriting, and processing to streamline the lending process. Customers appreciate the team’s responsiveness, though some have noted occasional… more...

Mortgage Investors Group is Tennessee Housing Development Agency’s top lender, specializing in residential single-family mortgages with a focus on first-time homebuyers. They offer conventional and government loans, supported by on-site appraisal, underwriting, and processing to streamline the lending process. Customers appreciate the team’s responsiveness, though some have noted occasional issues with customer service and appraisal accuracy.

Services & Prices
Home Purchase Loan Quoted per loan
Refinance Loan Quoted per loan
FHA/VA Loans Quoted per loan
Residential Appraisal Quoted per loan
View Profile
(901) 761-6910
Open 8:30 AM - 5:30 PM
1000 Brookfield Rd #225, Memphis, TN 38119, USA
General Services
Mortgage Services
10

Hometown Lenders

Hometown Lenders focuses on using advanced technology and expert guidance to simplify mortgage financing, even for challenging situations. The team offers personalized assistance throughout the loan process, helping clients navigate complexities with care. Customers appreciate their supportive approach, though some note the process can still feel detailed.

View Profile
(901) 413-4444
Open 9:00 AM - 5:00 PM
6465 Quail Hollow Rd Suite 200, Memphis, TN 38120, USA

Latest reviews of Memphis Mortgage Brokers

Written on TrustAnalytica by clients of the businesses in this list
  • Jesse

    Our experience with Mortgage Investors Group was marred by several issues, leading to a negative outcome that prompted us to choose another lender. Initially, agreeing to work with them resulted in a barrage of irrelevant sales and marketing spam inundating my email account, which, despite their apo…

Memphis Mortgage Statistics

Home-purchase lending in Shelby County and home costs in Memphis, TN (latest HMDA and Census data)

Lenders made 7,803 home-purchase loans in Shelby County in 2025 (average about $308,000) and denied 1,034 — 12% of decided applications, compared with 15% across Tennessee, according to federal mortgage data (HMDA, CFPB). In Memphis, the median home is worth $169,000 and 57% of owners have a mortgage, paying a median $1,420 a month (Census ACS 2020–2024).

Home-purchase loans, 2025
7,803▼ 6%8,318 in 2024
Denial rate
12%TN 15%
Median home value
$169,000TN $286,700
Monthly cost with a mortgage
$1,420median · TN $1,566
Refinance loans made (Shelby County, 2025)
4,532 · 3,718 in 2024
Home-improvement loans made (2025)
1,206
Average home-purchase loan
$308,000 (TN $375,000)
Owners with a mortgage
57% · 33% of them spend 30%+ of income on housing
Median household income
$51,736 (TN $69,595)

Source: CFPB / FFIEC Home Mortgage Disclosure Act (HMDA) data, 2024–2025 loan applications in Shelby County (originated vs denied); home values and costs: U.S. Census Bureau ACS 2020–2024. Compiled by TrustAnalytica.

Memphis Mortgage Brokers stats: 10 businesses compared side by side · updated
# Business Rating Reviews Starting price Phone Website
1 The Wendy Thompson Lending Team 4.9 100 Quoted per loan (901) 461-8858 Visit
2 Local Mortgage Inc. 4.9 100 Quoted per loan (901) 504-4663 Visit
3 PrimeLending, A PlainsCapital Company - Memphis 4.9 97 Quoted per loan (901) 416-9570 Visit
4 Andrew O'Fee - The Yankee Closer 4.9 80 Quoted per loan (901) 237-3526 Visit
5 New American Funding - Memphis, TN 5.0 40 Quoted per loan (901) 590-5817 Visit
6 Mortgage Financial Services 5.0 26 Quoted per loan (901) 748-5618 Visit
7 Eagle Mortgage & Funding 4.3 20 Quoted per loan (901) 761-9700 Visit
8 Benchmark Mortgage 5.0 15 Quoted per loan (901) 490-1570 Visit
9 Mortgage Investors Group - Memphis 4.4 13 Quoted per loan (901) 761-6910 Visit
10 Hometown Lenders 5.0 5 — (901) 413-4444 Visit

Frequently asked questions

9 questions
What does a mortgage broker do?
A mortgage broker helps clients find and secure mortgage loans by comparing offers from various lenders, handling paperwork, and negotiating terms.
How do I choose the best mortgage broker in Memphis?
Consider verified reviews, ratings, and if the broker has claimed their profile. TrustAnalytica ranks brokers based on these factors for a transparent choice.
Are free consultations common with mortgage brokers?
Yes, many mortgage brokers offer free consultations to discuss your needs and potential loan options before committing to a service.
What questions should I ask a mortgage broker before hiring?
Ask about their fees, lender relationships, loan options, and experience. Inquire about the timeline and any potential costs involved.
Do I need a mortgage broker in Tennessee?
While not mandatory, a mortgage broker can simplify the loan process by providing access to multiple lenders and negotiating better terms.
How long does the mortgage process take with a broker?
The mortgage process typically takes 30-45 days, but this can vary based on lender requirements and the complexity of your application.
How do mortgage brokers get paid?
Mortgage brokers are usually paid a commission by the lender after closing, which is often a percentage of the loan amount.
What services do mortgage brokers in Memphis offer?
Memphis mortgage brokers offer services like loan comparison, application assistance, and negotiation of terms with lenders.
What are typical fees for mortgage brokers?
Fees vary but often range from 1% to 2% of the loan amount, paid by the lender or borrower depending on the agreement.

General information, not financial advice — consult a qualified professional.

Our Methodology

Best 10 mortgage broker list assembly and recognition by TrustAnalytica for Memphis is based on online reputation backed by review sources as google reviews, TrustAnalytica reviews and more.

We choose the best companies in the location and rank them based on rating, quantity of reviews and verification (Claimed or unclaimed profile).

Rankings are frequently updated to reflect the latest reviews from trusted sources.

Profile verification is free and may improve ranking, as we prioritize accurate, up-to-date profiles that are actively maintained and regularly reviewed.

TrustAnalytica's procedure for listing mortgage broker companies involves manual research, review and placement. Please note that some companies are placed here through their registration with our services as every company gets not only access to our Saas services but also a profile that gets listed. We evaluate businesses based on their online reputation, accessibility, online resources such as website and their fit for best 10 mortgage broker category.

The Process

1

Business Verification

Verified mortgage broker listings in Memphis are based on robust online activity and Google reviews, ensuring credibility.

2

Business Details

Comprehensive mortgage broker profiles offer vital details for informed decisions in Memphis.

3

Reviews And Ratings

Real-time customer ratings guide our mortgage broker rankings in Memphis, reflecting genuine reputation.

4

SEO And Keywords

Our SEO strategy elevates the visibility of top mortgage broker providers in Memphis.

5

AI Search Visibility

Every mortgage broker listing in Memphis is published with structured data that AI search tools like ChatGPT, Perplexity and Google AI Overviews can read and cite.