Local Banks in Memphis

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Local Banks in Memphis

Mel Hayes
Investor · Los Angeles, CA · Member since 2016 · 256 posts · 111 votes

Hi all, Can anyone recommend some local Memphis banks who work with Investors? I'm OOS and looking to build relationships with local banks. Thanks in advance.

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Verna Littleton
Real Estate Agent · Memphis, TN · Member since 2015 · 152 posts · 132 votes
5y

Renasant Bank, Landmark Bank and Paragon

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  • Verna Littleton
    Real Estate Agent · Memphis, TN · Member since 2015 · 152 posts · 132 votes
    5y

    Renasant Bank, Landmark Bank and Paragon

    2Reply
  • Jackson Long
    Investor · Memphis, TN · Member since 2016 · 379 posts · 130 votes
    5y

    PM me and I will give you some direct contacts.  You will struggle some with being OOS, but sometimes just coming out in person for a meeting can mitigate this.

    1Reply
  • Curt DavisBusiness Member
    Flipper/Rehabber · Memphis, TN · Member since 2008 · 5k+ posts · 2k+ votes
    5y
    If you are looking for standard conventional financing I recommend Aaronbchapman.com  For local banks, I would only suggest them if you have to get commercial financing. Bank Tennessee, Bancorp South as well as many others.
    Curt Davis - KAIZEN Realty538 Reviews
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  • Anh Dang
    Member since 2019 · 1 post · 0 votes
    5y

    all of my Memphis properties are with Bank of Springfield. 

    0Reply
  • Joshua Savage
    Rental Property Investor · Memphis, TN · Member since 2013 · 61 posts · 21 votes
    5y

    Sara Wong with Prime Lending is amazing. If you want her direct contact, PM me.

    0Reply
  • Adam Summerer
    Lender · Franklin, TN · Member since 2026 · 73 posts · 14 votes
    2w

    Relationship banking in Memphis is real, but clarify what you need the bank for — deposit/operating account vs actual investor mortgages. A lot of community banks will bank the LLC deposits and still pass on OOS cash-out or high leverage rentals. When you call, ask up front about non-owner-occ, OOS borrowers, seasoning, and whether they hold portfolio notes or just refer you out. Build the deposit relationship either way; keep a DSCR backup for the leverage side.

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  • Jordan RayBusiness Member
    Real Estate Agent · Memphis, TN · Member since 2023 · 642 posts · 333 votes
    1w

    If you’re investing in Memphis and looking to build relationships on the financing side, I’d recommend reaching out to Ryan Guess at Northpointe Bank and Tim Smith at CrossCountry Mortgage. Both are worth talking to about your long-term financing and refinance options, especially if you're planning to BRRRR or buy properties that you'll eventually refinance after stabilization.

    [email protected]662-642-1458
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  • Devvrat Kumar
    Realtor · Memphis · Member since 2021 · 48 posts · 26 votes
    5d

    I work with Bank of Bartlett all the time. If you need a contract, feel free to DM me.

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