Your   homeownership journey starts here

The mortgage process simplified.
Fast approvals, local experts, trusted results.

Mitchell J. Mallahan, mortgage specialist at Preferred Rate, offers expert home loan services and pe.
Mitchell J. Mallahan, a trusted mortgage professional at Preferred Rate, provides expert guidance on home loans and refinancing options.
Beautiful modern craftsman house with landscaped front yard and double garage.
A stunning modern craftsman-style house featuring a landscaped front yard, large windows, and a spacious double garage.

NMLS: #658749

Mitchell J. Mallahan

Sr. Mortgage Advisor

Husband, dad, singer, songwriter, sports fan, mortgage lender – Mitch Mallahan has talents on a lot of fronts. He and his wife, Erica, have two young sons, Jackson and Ezra. Before kids, the newlyweds moved to Nashville from the Pacific Northwest in January of 2009 so Mitch could pursue a career in singing and songwriting. He has played all around Nashville, including weddings, singer/songwriter nights and most notably, the World-Famous Tootsies.

After the move to Nashville, he immediately began working in a mortgage lending office to finance his dream. What he discovered, is that he truly enjoyed connecting with people while helping them through what can be a very stressful time in their lives. Mitch is still very passionate about his music, although his dedication to his clients have become priority number one, outside of his faith and family. He still enjoys writing music with friends and spending time with his family. In his free time, you might find him at the gym or the golf course or following the Preds, Titans and Seahawks.

The mortgage loan process can be overwhelming, but it doesn’t have to be. Mitch and his team have experience with all types of loan programs and the expertise to guide homebuyers through the loan process while making it as stress-free as possible. Not only are they passionate about educating their clients so they can make informed decisions, they consistently outperform the competition by providing exceptional customer service from start to finish. Mitch especially enjoys staying in touch after the loan has closed – you aren’t just a number to him, he wants to make you a client for life!

Licensed in:

TN

Why work with me?

5.0/5 Rating

53 reviews

Real clients. Real results.

Easy process from start to finish with my mortgage loan. Mitch is very responsive and open to all questions. Communication was through email, text, and phone which was incredibly convenient for me. Also, Mitch is very transparent with all aspects of the loan including any associated cost and the interest rates are competitive. I would recommend 💯

M.A. S

This was my first time purchasing a home - Mitch and his team made the entire process seamless. They were personable and made me feel supported every step of the way. I highly recommend them!

Lauren H

I have used Mitch ever since my first mortgage. I was so impressed, I always recommend him to friends. So naturally he was the guy I went to for re-fi. He is extraordinarily nice and professional. He not only gets the job done well and painlessly, but he makes magic happen. Highly recommend!

David R

Mitchell and team were fantastic. They made the process super simple and were very professional and responsive. I would highly recommend Mitchell and team!

Elliot C

MItchell and his team were fantastic to work with! As a buyer & a realtor, I am very satisfied with the ease of the process.

Taryn T

Mitch and his team are amazing. I've gone through the financing process for several other mortgages and this one was by fair the easiest. Preferred Rate truly differentiates themselves with their stellar communication and user-friendly processes. They give a weekly update on the status of the loan so I never had to wonder what was going on. They also never asked for a document I'd already sent them (the first time I haven't had to send a lender duplicate docs). They really take all the stress and frustration out of the financing process.

Melodie F

The team was very thorough. Everything moved along smoothly and closing was easy.

Todd T

Mitch and his team did a great job setting me up for success with buying my first home. They frequently communciated with me and made sure all my questions were answered. Even after closing on my home, they continue to check in with me to ensure I'm aware of everything else I need to know about. They -also explain things in simple terms that are easy to understand. I look forward to working with them again in the future!

Camryn T

Excellent service! Efficient and knowledgeable!! The process was super easy from loan application to closing date. I highly recommend! 

amy t

Amazing experience! Very helpful and walked us through every step! Closed on time with no issues!

Callie P

Mitch and his team did amazing! We closed on time and everyone was easy to work with! Great experience! Highly recommend!

Callie P

This is a great time that is easy to work with and made the process is smooth and quick as possible!

Robert W

Mitch and his team provide a 5star service when it comes to executing a loan. The team is very transparent and communicated with me every step of the way. If your in the market for a new loan or refi I would 100% recommend their firm!Brett Jones

Brett J

Mitchell was an all star in helping us secure our mortgage. Was very up front with details and expectations, and put us at ease by being transparent about the process. Communication was great and would be happy to work with him and his team again.

Mitch Allen (

My realtor, recommended me use Preferred Rate and speak with Mitchell Mallahan. Mitchell went over my finances and made some recommendations for me to obtain a somewhat mortgage rate, since rates have been hiked. But I felt comfortable working with Mitchell and his staff. They were quick and easy to work with. I would definitely, recommend their business for mortgage needs. I will be reaching out in the future once the rates go lower for a refinance.

Alfred M

Mitch and his team were fantastic! As a first time homebuyer I was nervous, but I was constantly updated throughout the process and he answered my questions (even the dumb ones) without any judgement and in a timely manner. He also was transparent about the many programs and opportunities there were when it came to my loan and discussed what would be best for me in my given situation. I truly am thankful for how great they were to ensure a smooth process when buying my first home. Would recommend him to anyone who is looking to have a positive home buying experience without hiccups or flaws!

Derrek H

Mitch and his team were fantastic! As a first time homebuyer I was nervous, but I was constantly updated throughout the process and he answered my questions (even the dumb ones) without any judgement and in a timely manner. He also was transparent about the many programs and opportunities there were when it came to my loan and discussed what would be best for me in my given situation. I truly am thankful for how great they were to ensure a smooth process when buying my first home. Would recommend him to anyone who is looking to have a positive home buying experience without hiccups or flaws!

Derrek H

Hands down one of the best mortgage lending teams I've ever had the pleasure of working with. From full breakdowns of what not to do while applying and accepting a mortgage, to answering every question and ensuring everything gets done in the time-crunch before closing, Mitch and his team aced everything. Couldn't have asked for a better experience. So much so that I've worked with Mitch multiple times and he's never disappointed.

John D

Mitch and his team are wonderful. Highly professional and great with communication throughout our entire loan process. This is our 2nd time working with him and we couldn't recommend him more!

jennebritton1

Mitchell was so helpful and kind. For this to be my first home purchase and working with a lender, he was extremely patient and talked me through all the questions I had and gave me thorough, detailed answers. His guidance was truly helpful throughout this entire process!

Deirdre V

Being a first time homebuyer, I really appreciated the consulting approach that Mitch takes. He was so helpful with explaining the whole process, terminology, and different options we could take. He also gave updates on the market interest rate frequently and was able to help us figure out the best timing to lock in our rate. The whole team was very responsive with whatever questions I had throughout the whole process. They made this experience so much less stressful and I would definitely recommend them!

Alexis N

Would 100% recommend using Mitch and his team! Communication was amazing. Giving phone call and email updates every Tuesday throughout the transaction. They were easy to work with and worked hard to get me the best rate possible! As a self employed borrower I was extremely anxious about getting approved but Mitch and his team made everything simple and easy to understand. If you are looking to buy a home Mitch should be your first phone call!!

josh s

Couldn't have asked for a better experience. Unfortunately, because of today's market, I've had to speak to multiple loan professionals prior to Mitch and his team. I was so overwhelmed and beyond feeling defeated. However, the Preferred Rate team changed all that--from the very first video call (which was great surprise!) to the last day of reassuring/follow-up emails, Mitch and his team allowed me to breathe and gave me the confidence I need to buy my dream home.

CB W

Working with Mitch and his team was truly the best! I'm a first time home buyer and knew very little prior to meeting with Mitch. He spent time with me initially, helped educate me on the buying process and what all I would want to keep in mind throughout. Mitch is very genuine, understanding, and truly cares about his clients. We had a few hiccups along the way but Mitch went above and beyond to make it right. I truly feel like I be truthful and he never made me feel my questions were annoying him. I would highly recommend Mitch and the Mallahan team to anyone looking to buy a home in Nashville (post pandemic in a crazy market - he made it look easy!) Thanks so much Mallahan Team!

Gretchen H

The Mallahan Team went above and beyond for us during the home buying process. They’re an amazing group to work with and made the closing process a breeze! Highly recommend!

Danielle K

Mitch and his team made our home loan process a breeze! They were very timely at answering any questions we had and provided weekly updates so we were always informed of where we were in the process. I highly recommend using Mitch and his team if you are buying or refinancing a home!

Danielle H

Mitch and his team were great in the whole house buying process. They had great communication with their weekly Tuesday updates and made the buying process easy. I would definitely use them again if I were to buy another house!

Teresa B

Mitch and his team were great to work with. Very good communication and efficiency! The got me the rate I wanted and even closed early! Highly recommend!!

Brent C

Mitch and his team were great to work with. Very good communication and efficiency! The got me the rate I wanted and even closed early! Highly recommend!!

Brent C

Mitch and his team were wonderful to work with! They were highly communicative and made buying our first home SO easy. They walked us through every step of the way, had weekly follow-ups, and were incredibly friendly. Thank you team!

Marie H

Mitch and his team were exactly what I needed to get through this re-finance process! It was easy!! They listened to me and answered my questions quickly and thoroughly. From the first day to the last, I received top notch service and would recommend him and his team to anyone considering a home loan or to re-finance an existing loan. A++

Heidi A

Mitch and Amy have been extremely helpful guiding us through a very complex process. We cannot be happier with the result.

Jamie W

Mitch was amazing to deal with and made the entire house buying process so much more enjoyable! He worked with me every at every step and I cannot recommend him enough!

John O

Mitch and his team are amazing. I felt so cared for as we walked this process out over the Christmas holidays. It is evident that Mitch and his team really care about their clients. I will be recommending him and his team to everyone I know.

Lisa B

Great experience with Mitch and his team at Preferred Rate. The process was quick and well organized. It was the easiest most efficient mortgage I have ever gotten. The best part is they they are always accessible if you need help or have questions.

Christy H

Loan Programs

Beautiful modern craftsman-style house with a landscaped front yard and garage.
A stunning craftsman-style home featuring a welcoming porch, modern design, and the 1% Home Loan Program.
1% Home Loan Program

Featured

Man using smartphone at home, exploring conventional loan options.
Man reviewing mortgage options on his phone in a cozy living room setting.
Conventional Loans

Featured

Comfortable living room featuring a fireplace, wall-mounted TV, and stylish decor for a welcoming ho.
A welcoming living room with a fireplace, wall-mounted TV, and elegant decor, ideal for relaxing and entertaining in a cozy home setting.
Down Payment Assistance (DPA)

Featured

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A smiling couple during a home renovation project, standing on stairs with construction supplies around them.
Home Renovation
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A charming two-story house featuring a spacious front porch, large windows, and a well-maintained lawn, ideal for HELOC loan considerations.
HELOC Loans
Luxury home with a spacious driveway and well-maintained landscaping for jumbo loan financing.
Explore jumbo loan options for financing high-value homes like this beautiful property.
Jumbo Loans
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Charming blue home surrounded by lush greenery, perfect for those seeking low down payment loan solutions.
Low Down Payment Loans
Buydown mortgage rates with temporary payment reductions.
Learn how temporary buydowns can lower your mortgage payments during the initial years of homeownership.
Temporary Buydowns
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Supporting veterans and families with VA home loan options and resources.
VA Loans
Construction financing solutions for building your dream home or project. Expert guidance for seamle.
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Construction Financing
FHA loan approval process with Preferred Rate for homebuyers.
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FHA Loans
Modern two-story house with garage, ideal for bridge loan financing.
A contemporary two-story home with a spacious garage, perfect for real estate bridge loans and investment opportunities.
Bridge Loans
Affordable community lending options for homebuyers.
Aerial view of a new residential property in a friendly neighborhood.
Community Lending
Colorful Victorian-style condominiums with detailed architecture and lush greenery.
Beautiful Victorian-style condominiums with intricate details and vibrant colors, perfect for condominium loan options.
Condominium Loans
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A nurse smiling while holding a tablet, highlighting loan options for first responders, teachers, and nurses.
First Responders – Nurses – Teacher Loans
Beautiful manufactured home with a welcoming porch and landscaped yard.
A charming manufactured home featuring a spacious porch and lush landscaping, ideal for comfortable living.
Manufactured Home Loans
Senior couple exploring reverse mortgage options on laptop.
Elderly couple discussing reverse mortgage benefits using a laptop at home.
Reverse Mortgages
USDA loan approval process for rural home financing.
A couple stands outside a new house, symbolizing rural homeownership with USDA loans.
USDA Loans
Man using a laptop on a bean bag chair, promoting flexible bank statement loans.
Comfortable man working on a laptop at home, highlighting flexible bank statement loan options for homebuyers.
Bank Statement Loans
Home loan options for quick approval and competitive rates.
Simplify your home buying process with Preferred Rate's SmartBuy program.
Click n’ Close SmartBuy National DPA
Spacious living room with comfortable seating, large windows, and stylish decor.
A bright, inviting living room featuring a blue sofa, wooden chairs, and a fireplace with logs, perfect for relaxing or entertaining.
DSCR Loans (Investment Loans)

Featured

Expanded Credit Loans living room with modern furniture and cozy decor.
Comfortable living room featuring yellow armchairs, a fireplace, and a flat-screen TV, ideal for home improvement financing options.
Expanded Credit Loans
Expanded Income Loans for Home Improvements.
Modern house with landscaped yard and garden.
Expanded Income Loans
Loan options for international clients seeking financial solutions.
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Loans for Foreign Nationals
Healthcare professional loan options for doctors and medical staff. Secure funding to grow your medi.
Image of a smiling doctor holding a clipboard in a medical office setting. Perfect for promoting medical professional loan services.
Medical Professional Loans
Preferred Rate Pathway DPA Program interior design.
Spacious living room with contemporary furniture and a sleek kitchen setup.
Pathway DPA Program
Secure lock program for home safety and security.
Beautiful blue house featuring a secure lock program for enhanced home safety.
Secure Lock Program
Seller PreLock Program for homeowners to secure home sale options.
A woman reviews her home sale options on a tablet in a bright, modern kitchen, highlighting the Seller PreLock Program benefits.
Seller PreLock Program

Refinance With Purpose

Every refinance starts with a goal. Whether you want to lower your payment, shorten your term, or access equity, we’ll build a strategy around
what matters most to you.

Consolidate Debt

Simplify what you owe. Use your home’s equity to combine high-interest debt into one  payment.

Lower Payments

Improve monthly cash flow. Even a small rate adjustment can create  savings over time.

Get Cash Out

Access equity with intention. Turn your home’s value into funds for renovations, education, retirement, or financial goals.

Change to Fixed Rate

Stabilize your payment. Move from a variable rate to predictable payments built for long-term planning.

Refinance VA Loan

Use a VA refinance program to improve your terms, access cash, or reduce your monthly payment.

Discover your home’s value instantly.

Get a personalized home value report powered by real market data. Track equity, explore trends, and stay informed about your property.

Home loan approval process with competitive rates at Preferred Rate. Secure your mortgage today with.
Beautiful suburban house at sunset, showcasing a cozy home with a well-maintained lawn and welcoming entrance.
Preferred Rate logo with financial graph and rate drop notification.
A logo for Preferred Rate featuring a financial graph and a notification about interest rate drops.

We'll watch the market for you

Set your target interest rate and we’ll notify you when it hits. No spam, just smart alerts.

Mortgage Calculator

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Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regard to your individual circumstances. All examples are hypothetical and are for illustrative purposes.

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