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  1. United States
  2. Best Private Mortgage Lenders
  3. Private Mortgage Lenders in Tennessee
  4. Memphis

Best Private Mortgage Lenders in Memphis

Memphis Private Mortgage Lenders stats: Key insights from this page’s listings Updated
Businesses listed
3
Average rating
3.7 127 reviews
Typical service price
$18 – $33 Median of 4 priced services
Most-offered services
Auto Loan ServicesAccount ManagementHome Buying AssistanceHome Ownership EducationUtilities Assistance
What customers praise
very helpful×2extremely happy×1very kind×1absolutely amazing×1
Private mortgage lendersMemphis, TN

1

Independent Bank

Independent Bank focuses on providing mortgage and refinancing services with a personal approach, aiming to support customers through every step of buying or refinancing a home. While the team offers assistance with loan questions and financial guidance, some customers report difficulties reaching support and concerns about fees and processing times.

Services & Prices
Auto Loan Payment Fee quoted per loan
Loan Payoff Fee quoted per loan
Loan Refinancing Fee quoted per loan
Checking Account $0 - $0
View Profile
(901) 844-5050
Open 8:30 AM - 5:00 PM
5050 Poplar Ave, Memphis, TN 38157, USA
General Services
Auto Loan Services
2

United Housing, Inc.

United Housing focuses on providing affordable housing solutions through financial education, mortgage loans, and home repair programs in Memphis and West Tennessee. The team offers classes on home buying and credit counseling, which many find informative and helpful, though some note challenges reaching staff by phone.

Services & Prices
How to Buy a House Class $15 - $30
Credit Counseling $20 - $40
Application Assistance $10 - $25
Home Ownership Workshops $20 - $35
View Profile
(901) 272-1122
Closed Now
2750 Colony Park Dr, Memphis, TN 38118, USA
General Services
Home Buying Assistance
3

Mid South Appraisal Services Inc

Our investment in technology translates into faster appraisals for our clients and lower costs for us (and subsequently you). And above everything, we know the importance of professional customer service. Naturally, we treat our customers as we prefer to be treated ourselves whether we're meeting face to face, on the phone or communicating online in e-mail. Finally, what it boils down to is a… more...

Our investment in technology translates into faster appraisals for our clients and lower costs for us (and subsequently you). And above everything, we know the importance of professional customer service. Naturally, we treat our customers as we prefer to be treated ourselves whether we're meeting face to face, on the phone or communicating online in e-mail. Finally, what it boils down to is a superior experience for our customers. Call Mid-South Appraisal Service of Memphis, Inc. today, and let us prove to you why we're different.

View Profile
(901) 682-0700
Closed Now
2755 Summer Oaks Dr, Memphis, TN 38134, USA
Where they are 3 on the map Click a pin for the profile and directions

Latest reviews of Memphis Private Mortgage Lenders

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

    All I want to say is stay away! I had a checkong and saving account with them. 2 months later, I realize this is an organized fraud, not a bank. I stopped all dorect deposit and removed all major autopay. I had aboit 3 small autopay combine of about $40 a month. I deposit a fe bucks every month. Oct…

  • Jerred

    For the first 35 payments towards my auto loan i-bank charged a $15.00 "convenience fee" in order to make payments using their online portal. My guess as a way to force you to open a bank account with them or mail a payment in (who in their right mind does that still we're in the damn digital age pe…

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.

Frequently asked questions

8 questions
How do I choose the best private mortgage lender in Memphis?
Consider verified customer reviews, ratings, and if the business has claimed its profile. TrustAnalytica ranks lenders using these factors for transparency.
What services do private mortgage lenders offer?
Private mortgage lenders provide home loans, refinancing options, and sometimes real estate investment loans. They often offer more flexible terms than traditional banks.
What questions should I ask a private mortgage lender before hiring?
Ask about interest rates, loan terms, fees, and the application process. Inquire about their experience and customer service policies.
Are free consultations common with private mortgage lenders in Memphis?
Yes, many private mortgage lenders offer free consultations to discuss loan options and terms before proceeding with an application.
How long does the private mortgage lending process take?
The process typically takes 30 to 45 days, depending on the lender's efficiency and the complexity of the loan application.
Do I need a private mortgage lender in Tennessee?
A private mortgage lender can be beneficial if you need flexible loan terms or have difficulty qualifying for traditional bank loans.
How do fees typically work with private mortgage lenders?
Fees may include origination fees, appraisal fees, and closing costs. These vary by lender and should be clarified upfront.
What is the role of a private mortgage lender?
Private mortgage lenders provide loans for purchasing or refinancing homes, often with more personalized service and flexible terms than traditional banks.

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

Our Methodology

Best 10 private mortgage lenders 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 private mortgage lenders 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 private mortgage lenders category.

The Process

1

Business Verification

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

2

Business Details

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

3

Reviews And Ratings

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

4

SEO And Keywords

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

5

AI Search Visibility

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