Local lending intelligence · HMDA 2023–2025
Mortgage and lending data for Shelby County, Tennessee
Every institution that decided a 1–4 unit mortgage application in Shelby County, home to Memphis, between 2023 and 2025: 54,659 applications, 39,049 loans actually funded, across 8 kinds of borrowing.
Shelby County at a glance
54,659Applications decided
2023–2025
39,049Loans funded
71% of decisions
249Census tracts
34 ZIP codes
922,195People
ACS 2023
What the data shows
The typical purchase mortgage here is $275K.
Investment home improvement is the hardest money to get here: lenders approved 46% of 582 applications.
Lending by loan type in Shelby County
| Loan type | Approval | Decided | Typical loan | Taken up | Lenders |
|---|---|---|---|---|---|
| Mortgage lenders | 88.6% | 22,176 | $275K | 97% | 483 |
| Home improvement loans | 49.6% | 7,760 | $75K | 87% | 128 |
| Cash-out refinance | 60.9% | 8,428 | $155K | 94% | 262 |
| Refinance | 70.5% | 5,832 | $205K | 91% | 255 |
| Investment property purchase | 89.6% | 6,034 | $125K | 96% | 331 |
| Investment cash-out refinance | 72.7% | 1,930 | $115K | 94% | 186 |
| Investment refinance | 80.7% | 1,917 | $125K | 93% | 172 |
| Investment home improvement | 45.7% | 582 | $65K | 90% | 77 |
Approval is the share of decided applications lenders approved; taken up is the share of approvals borrowers accepted. How the numbers work.