Mortgage lending in Memphis, TN-MS-AR
24,773 mortgages were originated in the Memphis, TN-MS-AR area in 2025, and here is what they cost.
30-year fixed, this week
6.58%
Freddie Mac’s survey average for the week of July 23, 2026 — a year earlier it was 6.75%, and the past year ranged 5.98–6.72%. The figures below are from 2025 filings and do not move with the market. Rate history
- Loans originated
- 24,773
- Median rate
- 6.500%
- Median lender fees
- $6,015
- Median loan amount
- $205,000
- Median spread over APOR
- 0.213
- Paid discount points
- 37.8%
- Received lender credits
- 20.3%
- Purchases / refinances
- 54% / 30.8%
- Conventional / FHA / VA
- 68.7% / 20.1% / 10.2%
Figures are medians of loans actually originated in 2025, as reported under the Home Mortgage Disclosure Act. They describe what borrowers received, not what you would be offered: HMDA contains no credit scores, so these numbers cannot be read as pricing for any individual. Lender fees are reported for 67.8% of loans here — see methodology.
Who lent here
Lenders with at least 50 loans in the Memphis, TN-MS-AR area, ranked by volume.
| Lender | Loans | Median fees | Median rate |
|---|---|---|---|
| Rocket Mortgage, LLC | 1,512 | $5,507 | 6.625% |
| Cadence Bank | 1,153 | $5,226 | 6.625% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 992 | $9,073 | 6.124% |
| COMMUNITY MORTGAGE CORPORATION | 921 | $7,145 | 6.250% |
| Regions Bank | 894 | — | 4.990% |
| Pinnacle Bank | 842 | $4,902 | 6.500% |
| Trustmark National Bank | 639 | $5,612 | 6.500% |
| First Horizon Bank | 552 | $4,682 | 7.250% |
| Navy Federal Credit Union | 468 | $2,877 | 7.375% |
| GUARANTEED RATE, INC. | 467 | $8,892 | 6.250% |