“Before you endorse, consider the Source!”

Built to Achieve


See how we achieve more
If you need a loan, get connected!!!!

We have non-traditional qualifications and many flexible terms to meet your borrowing needs.

Our Mission

Our mission is simple and clear: “Approach opportunity with humility, communicate honestly, and serve all with integrity!” Our consultation is completely free, and once we review your information, we will provide you with a no strings attached, financing proposal if we can help. 

Home Loans

At Source Mortgage & Funding, Inc., we offer many different types of loans to meet many different needs. But perhaps more importantly, we offer the experience and expertise to find the perfect one for you. Whether your ideal loan is a conventional loan with a fixed-rate or one insured by the federal government, we'll do everything we can to make it happen.

After all, getting you the loan that fits you and your lifestyle is what we do. In fact, it's all we do. So
CLICK HERE  or call 901-208-1527 today and see how working with your dedicated Mortgage Specialist can make all the difference.

Church Loans

We offer church loan products for churches that are in all stages of the credit cycle. Generally speaking, the stronger a church, the better their rates and loan terms. For a church that is strong and does not have any recent payment issues or problems, we offer church loans with 3, 5, 7, 10, 15, 20, 25 and 30 year fixed rates and no personal guarantees.

What if your church has a strange financing situation? Source Mortgage & Funding, Inc., can be extremely creative, including providing financing for the purchase of a property when the deal makes sense. Moreover, we are often presented with unique church financing requests like stalled construction projects and bankruptcy buyouts; we love a challenge, and we love to prove that we can do what others cannot. By the way, we have no junk fees.

Commercial Loans

Source Mortgage & Funding, Inc., has excellent products and options available for owners and purchasers of commercial real estate. We arrange financing nationwide for single tenant and multi-tenant properties, including: office, retail, industrial, warehouse, self-storage, healthcare, hospitality, mixed use and specialty use. Our company has multiple capital sources for these loans, including: national banks, regional and local banks, insurance companies, Wall Street conduit lenders, credit unions and private lenders.

Whether you are purchasing or refinancing, we have the right solutions available. We will entertain loan requests of all sizes.

We offer long term fixed rates at extremely competitive rates. Our underwriting is very flexible and we are able to approve commercial real estate loans that many other lenders are unable to approve. For example, we have specific programs for borrowers with less than perfect credit and those who might need a stated income loan. The bottom line is that we have a specific program for just about every situation. We've helped hundreds of customers with their loan requests. Our personal attention and extensive array of commercial mortgage programs are the hallmark of our success.

We Welcome Your Business

You’ve worked hard to establish yourself, but you’re not a conventional borrower, and that’s been holding other lenders back from approving your home loan. Maybe your income doesn’t quite fit the traditional nine-to-five paycheck. We won’t hold that against you. After all, home loans aren’t one-size-fits-all. Difficult shouldn’t mean disqualify. We have programs that offer financing solutions for borrowers who don’t easily fit into the guidelines for conventional mortgages. They call it doable but difficult. We get it done because it’s doable.

Our Loan Products

  • First Position Mortgages
  • 30-Year Fully Amortized Term
  • 7/1 Hybrid ARM - 7-Year Fixed Period 
  • 5/1 Hybrid ARM - 5-Year Fixed Period 
  • 3/1 Hybrid ARM - 3 Year Fixed Period
  • 30-Year Fixed
  • No Prepayment Penalty
  • Interest Only Payments
  • Bank Statements for Income
  •  Up to 97% financing
  •  100% of down payment and closing costs may be gifted
  •  No credit score required subject to AUS on standard conforming loan limits
  •  Up to 10 financed properties
  •  Appraisal transferred allowed on standard conforming loan limits
  • Low 3.5% down payment
  • Up to 85% cash out
  • FICOs from 580
  • Flexible credit + underwriting guidelines
  • Gift funds permissible for 100% of required investment and closing costs
  • Manual underwriting/AUS Refer

Home Ready is an affordable low-down-payment mortgage product designed for creditworthy low- to moderate-income borrowers.

  •  Low down payment – up to 97% LTV financing for home purchases
  •  No first-time buyer requirement
  •  Flexible sources of funds with no minimum contribution from the borrower’s own funds (one-unit properties)
  •  No income limit; low-income census tracts
  •  Competitive pricing meets or beats Fannie Mae’s standard loan pricing
  •  Rental and boarder income may be considered for qualifying
  •  Expanded DTI ratio when using addl. household income from non-borrowers
  •  Cancellable private mortgage insurance
  •  Home Possible - 95% LTV, TLTV
  •  Home Possible Advantage - 97% LTV (105% TLTV available with  Affordable Secondary Funding)
  •  Flexible down-payment sources
    •  Up to 30-year fixed
    •  No reserve required
    •  Income flexibility
    •  Reduced M.I. coverage
    •  Lower monthly payments means less income needed to qualify

Highlights and Qualifications

  • Own a business or are self-employed.
  • Report a low adjusted gross income on tax returns.
  • Have FICO scores lower than 640.
  • Are seeking a loan value at or above $600k.
  • Have some history of bankruptcy.
  • Have a prior foreclosure, modification, short sale, or deed in lieu on your credit.
  • Loans valued up to $2 million.
  • No Private Mortgage Insurance (PMI), higher Loan to Value (LTV) loans.
  • Lower FICO score with some history of bankruptcy and/or housing event of foreclosure, modification, or deed in lieu.
  • Designed for self-employed borrowers who show business cash flow on bank statements for qualifying income instead of what is reported on tax returns.
  • On average, loans close in 21 days or less.
  • Eligible properties include non-warrantable condos with higher concentration of commercial units.
  • Up to 90% LTV
  • No Seasoning on Major Credit Events
  • Loan amounts to $5 million
  • No Income Verification
  • Non-OOC, Business Purpose, Cross-Collateral
  • Foreign National Programs
  • No Prepayment Penalties!
  • Credit Scores Down to 500

Get Connected!!!!


We have originated over half a billion mortgage loans since 1999.

Personal Service

We take the time to fully understand each customer's financial position and needs, then help them accordingly

Non-Traditional Services

We offer flexible loan programs unavailable at corporate institutions.


We know that customers having varying schedules and we have flexible hours to accomodate.

Request a Free Quote

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What Client's Say

I would recommend him to everyone I know. He was professional, punctual and steadfast. My experience was surreal and I'm very grateful.

Eric L.

We are blessed to have closed on our first home.

Garred M.

Oliver made what could have been a stressful period as easy as possible. He made himself available 24/7 and always responded quickly and kindly to any questions we had. I was very pleased with all aspects of this process.


Oliver is VERY responsive. With such a tight timeframe, that was very important to us. They were also always available whether by phone, text or email the whole team would respond in a timely manner. Even with a failed deal (1st house chosen didn't appraise) we closed in 90 days!


Our Skills and Experiences

Processing Performance 100%

Loan Efficiency 100%

Product Knowledge 100%

Turn-Around Times 85%