What people paid for mortgages in Shelby County, TN (2025)
Across 5,931 closed home-purchase loans in 2025, the median interest rate in Shelby was 6.375%, and the middle half of borrowers got between 6% and 6.75%. Median total loan costs ran $6,418 on a median loan of $285,000. Source: federal HMDA filings on first-lien, owner-occupied loans.
Home purchase
- Median rate
- 6.375%
- Middle half of rates
- 6%–6.75%
- Median total loan costs
- $6,418
- Median loan amount
- $285,000
5,931 loans, 2025.
Refinance
- Median rate
- 6.125%
- Middle half of rates
- 5.75%–6.75%
- Median total loan costs
- $6,610
- Median loan amount
- $235,000
2,643 loans, 2025.
Lowest median rates in Shelby (2025)
The lenders whose own closed loans had the lowest median interest rate here, among lenders with enough local volume for the median to mean something. A low median is a reason to include that lender when you collect Loan Estimates; it is not a promise about the rate you will be quoted. An independent mortgage broker can pull quotes from several lenders at once on one application.
Home purchase
- 1.DHI MORTGAGE COMPANY, LTD.4.99%74 loans, median costs $8,459
- 2.UNION HOME MORTGAGE CORP.5.99%34 loans, median costs $8,385
- 3.PENNYMAC LOAN SERVICES, LLC5.999%31 loans, median costs $8,273
- 4.Patriot Bank6.125%215 loans, median costs $5,241
- 5.Orion Federal Credit Union6.125%174 loans, median costs $4,009
Among lenders with at least 30 closed purchase loans in Shelby County in 2025.
Refinance
- 1.Financial Federal Bank0%41 loans, median costs $0
- 2.UNITED SHORE FINANCIAL SERVICES, LLCbroker only5.75%309 loans, median costs $8,686
- 3.PENNYMAC LOAN SERVICES, LLC5.99%122 loans, median costs $7,811
- 4.Mortgage Research Center, LLC5.99%40 loans, median costs $4,400
- 5.GoodLeap, LLC5.99%40 loans, median costs $8,666
Among lenders with at least 30 closed refinance loans in Shelby County in 2025.
Lender by lender in Shelby
Every lender that closed at least 5 qualifying loans in Shelby County in 2025, sorted by loan count. The # column is the lender's rank here by closed loans for the selected purpose. Median origination is the lender's own charges (Loan Estimate section A); median points is the discount-points portion. Lenders marked "broker only" fund loans through independent mortgage brokers rather than taking applications directly.
| # | Lender | Loans | Median rate | Median total costs | Median origination | Median points |
|---|---|---|---|---|---|---|
| 1 | COMMUNITY MORTGAGE CORPORATION | 503 | 6.375% | $7,297 | $1,540 | $2,687 |
| 2 | Pinnacle Bank | 363 | 6.375% | $5,325 | $1,195 | $1,575 |
| 3 | Cadence Bank | 322 | 6.25% | $5,490 | $1,370 | $1,340 |
| 4 | UNITED SHORE FINANCIAL SERVICES, LLCbroker only | 230 | 6.375% | $9,093 | $2,856 | $1,902 |
| 5 | Patriot Bank | 215 | 6.125% | $5,241 | $870 | $2,785 |
| 6 | GUARANTEED RATE, INC. | 208 | 6.25% | $8,850 | $2,864 | $1,773 |
| 7 | Rocket Mortgage, LLC | 199 | 6.5% | $7,198 | $3,188 | $2,890 |
| 8 | Orion Federal Credit Union | 174 | 6.125% | $4,009 | $0 | $1,512 |
| 9 | MORTGAGE INVESTORS GROUP, INC. | 173 | 6.49% | $7,598 | $2,653 | $1,982 |
| 10 | Mortgage Research Center, LLC | 166 | 6.5% | $3,975 | $0 | $762 |
| 11 | First Horizon Bank | 166 | 6.5% | $4,787 | $1,250 | $763 |
| 12 | BARTLETT MORTGAGE, INC. | 156 | 6.375% | $6,358 | $1,240 | $653 |
| 13 | Renasant Bank | 118 | 6.375% | $5,546 | $1,890 | $886 |
| 14 | CROSSCOUNTRY MORTGAGE, INC. | 115 | 6.575% | $8,893 | $3,225 | $2,381 |
| 15 | Leaders Credit Union | 113 | 6.624% | $900 | $0 | $2,507 |
| 16 | Navy Federal Credit Union | 113 | 6.25% | $5,319 | $0 | $3,127 |
| 17 | Trustmark National Bank | 98 | 6.125% | $6,478 | $1,515 | $1,519 |
| 18 | Evolve Bank & Trust | 88 | 6.25% | $6,946 | $1,547 | $1,100 |
| 19 | PROVIDENT FUNDING ASSOCIATES, L.P. | 84 | 6.375% | $4,492 | $1,125 | $846 |
| 20 | Regions Bank | 80 | 6.375% | $6,106 | $1,900 | $1,485 |
| 21 | DHI MORTGAGE COMPANY, LTD. | 74 | 4.99% | $8,459 | $0 | $3,750 |
| 22 | EVERETT FINANCIAL, INC. | 72 | 6.625% | $10,533 | $6,505 | $2,485 |
| 23 | Simmons Bank | 69 | 6.875% | $5,010 | $1,335 | $903 |
| 24 | Financial Federal Bank | 68 | 6.5% | $4,461 | $645 | $945 |
| 25 | Broker Solutions, Inc. | 68 | 6.5% | $10,804 | $4,775 | $3,970 |
| 26 | FIRST COMMUNITY MORTGAGE, INC. | 65 | 6.375% | $8,502 | $2,806 | $1,912 |
| 27 | JPMorgan Chase Bank, National Association | 63 | 6.49% | $4,505 | $1,198 | $2,026 |
| 28 | STOCKTON MORTGAGE CORPORATION | 59 | 6.5% | $10,318 | $4,941 | $3,570 |
| 29 | Bank of America, National Association | 49 | 6.125% | $4,103 | $1,479 | $3,018 |
| 30 | PRIMELENDING, A PLAINSCAPITAL COMPANY | 46 | 6.625% | $8,567 | $3,474 | $2,354 |
| 31 | Nations Lending Corporation | 45 | 6.375% | $6,168 | $102 | $3,184 |
| 32 | Independent Bank | 44 | n/a | n/a | n/a | n/a |
| 33 | Paragon Bank | 42 | n/a | n/a | n/a | n/a |
| 34 | Bank3 | 39 | n/a | n/a | n/a | n/a |
| 35 | First South Financial Federally Insured State-Chartered Credit Union | 38 | 6.25% | $4,967 | $1,275 | $1,582 |
| 36 | Brighton Bank | 37 | 6.375% | $5,651 | $1,390 | $1,022 |
| 37 | UNION HOME MORTGAGE CORP. | 34 | 5.99% | $8,385 | $4,156 | $1,563 |
| 38 | AMERICAN PACIFIC MORTGAGE CORPORATION | 33 | 6.25% | $12,805 | $4,539 | $4,879 |
| 39 | PENNYMAC LOAN SERVICES, LLC | 31 | 5.999% | $8,273 | $1,800 | $958 |
| 40 | T2 FINANCIAL LLC | 30 | 6.688% | $10,292 | $5,273 | $4,065 |
What these numbers are, and are not
Everything above is computed from the FFIEC's HMDA Modified Loan/Application Register, the public loan-level file nearly every mortgage lender must submit each year, filtered to originated, first-lien, owner-occupied principal-residence loans that were not business-purpose or reverse mortgages. Groups smaller than 5 loans are omitted. The methodology page documents every step.
The public file contains no credit scores, so differences between lenders mix true pricing differences with different customer bases: loan sizes, points paid, and borrower profiles all vary by lender. A median is context for your own quote, not a ranking and not an offer. Rates here are also a year's worth of closings blended together, while your quote reflects a single day's market.
Have a Loan Estimate in hand? The checker compares your quoted rate and origination charges against the Shelby figures above, in your browser, without storing anything.
Common questions
What mortgage rate did people get in Shelby County in 2025?
The median interest rate on closed home-purchase loans in Shelby County, Tennessee in 2025 was 6.375%, across 5,931 first-lien, owner-occupied loans. The middle half of borrowers got between 6% and 6.75%.
Is this a rate I can get today?
No. These are medians of loans that already closed, under those borrowers' credit profiles, loan sizes, discount points, and lock dates. Rates also move daily. The way to learn your own number is to collect Loan Estimates from two or three lenders, which federal rules make close to free.
Why do lenders in the table show different rates?
Partly pricing, partly customer mix. Public HMDA data contains no credit scores, so a lender serving stronger-credit borrowers or larger loans will show a different median than one serving first-time buyers, at identical pricing. Use the table as a map of who is active locally and roughly where they land, not as a ranking.
Where do these numbers come from?
The FFIEC's public HMDA Modified Loan/Application Register, the loan-level data nearly every mortgage lender must file each year, filtered to originated, first-lien, owner-occupied, non-business, non-reverse loans, in groups of at least 5.