Mortgage Lenders in the Memphis Market

[John Moore]

I am an investor from the Los Angeles area that is interested in purchasing investment properties in the Memphis, TN area. Does any one have any preferred lenders that they work with that offer ideal rates for out of town investors? Do you find it best to go with local banks or national banks?

I also may be in the market for good local property managers depending on how the deal shakes out so if anyone knows of any please let me know.

Thank you

[Randall Weatherall]

Hey, John:  I just sent you an email with our preferred vendors!  For others that see this, our clients love John Phillips over at Brighton Bank (he can be picky with areas, though, but I think that helps to safeguard OoS investors more than hinder them) and Chuck Jackson at Guaranty Bank.  Zac West at Supreme Lending just started taking on investment loans and I've heard they have great service and really nice terms.  Hope that helps!  Feel free to reach out for their contact info, also!