Located by the Mississippi River in western Tennessee, Memphis is a city rich in history and diversity. Long associated with giving birth to the civil rights movement - Dr. Martin Luther King was murdered at the Lorraine Motel there - the city has emerged as a place where business is welcome and tourists love to visit. For these reasons, local residents enjoy the city purchasing property and welcoming new neighbors. A Memphis Mortgage awaits you if you want to invest in this charming city.

Purchasing a house in Memphis is a lot like purchasing a home in any city: you make a down payment, contact several lenders for competing bids, and select a lender based on the information given. Your Memphis Mortgage is ready and your move is assured. Not so fast! Huh? Have you researched your options thoroughly? Are you satisfied with the offers received? How do you know if the rate you received is accurate? Let's look at some online sites that can provide key and up to date information for you:

1. Bankrate.com - this site features current mortgage rates all over the nation. Narrow your search to Memphis mortgage rates appear. The rate they give should be a good benchmark for you as contact lenders.

2. Interest.com - operates similarly to Bankrate; enter your Memphis mortgage information and the rate will appear.

Other sites of note include:

3. ChaseHomeMortgage.com

4. QuickenLoans.com

5. Eloans.com

6. Ingdirect.com

7. LendingTree.com

While this list isn't comprehensive, it is a good start. Each company is reputable and can offer the answers you are seeking.

You can also check your local phone book for a list of Memphis Mortgage companies. Sometimes the smaller companies are more willing to help out, especially if your have extenuating circumstances including being self employed, have gone through a recent divorce, suffered a change in income, death of a spouse, or have experienced any other “life significant” changes. In any case, a good mortgage lender will find a way to help you out even if that means referring you to a competitor or by helping you uncover government loans and grants.

Your Memphis home is waiting for you, contact Memphis Mortgage companies today to learn about loan plans for you.

Mark Lambie is the founder of The Loan House a website that allows consumers to quickly and easily get online mortgage quotes and mortgage information.