When a renovated house sells, the buyer’s loan records a trust deed. Count those recordings on finished flips, lender by lender, and you can see who actually writes loans on renovated Memphis houses: the question every flipper, agent, and buyer of a flip eventually asks.
Trust deeds recorded by the buyer of a parcel whose sale closes a classified flip in the Shelby County deed record, grouped by lender and ranked by exits financed in the last 12 months, coverage from Jul 2024. Recorded volume only, not an endorsement.
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Every figure on this page is computed from public records and listings we track ourselves. Public records contain errors, omissions, and recording lags, and coverage windows are stated where each figure appears. Rankings reflect recorded volume only and are not ratings, reviews, endorsements, or statements about any entity's quality, legality, or conduct. Nothing here is an appraisal, a broker price opinion, or lending, investment, tax, or legal advice. This is not a consumer report: never use it to screen tenants or to make any decision about an individual person.
A flip has two loans: the one that funded the flipper going in, and the one that funded the buyer going out. The flip-lender league counts the first; this league counts the second. Together they map the whole financing chain of the Memphis renovation market from recordings alone.
Buying a renovated house? The lenders above write these loans every month, and an appraisal on a finished flip leans on realized resales of other renovated houses: exactly the sold homes every Priors read is measured against. The full league is in Pro.
Selling a flip? Knowing which lenders reliably close on renovated product in your zip is the difference between one escrow and two. The per-address read shows the takeout lenders active in that pocket.
Ranked by recorded loans to buyers of finished flips in the last 12 months, the five most active takeout lenders are on this page. The full league is in Pro.
Lenders and appraisers treat recently renovated houses with a short hold differently: the appraisal has to support the new price over the flipper’s recent buy price. Lenders who close these loans every month know the shape. The league names them by recorded volume.
No. This league counts purchase loans recorded by buyers of finished flips. Renovate-and-refinance value plays are tracked separately in the Priors engine.