Hard Money Lenders Tennessee

Fast Tennessee Hard Money Loans
Ready to close in less than a week

  • Interest rates 10 – 12.75%
  • Credit score 650+
  • Loan-to-Cost Up to 90%
  • No income verification
  • Get approved online in 5 minutes
  • Instant proof of funds letter
  • Interest only payments
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Need financing for your upcoming real estate project? Get approved for a hard money loan in 5 minutes using our online application

Need funding fast? Look no further than New Silver. New Silver has the perfect selection hard money loans for property investors in Tennessee.

New Silver has a variety of different hard money loan products available to suit the needs of any real estate investor. Run by a team of experienced real estate professionals, our loans are ideal for Tennessee real estate investors.


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Loan Programs


Fix & Flip

For house flippers hoping to purchase a fixer upper to renovate and resell in Tennessee. Interest rates from 10 – 12.75%, Loan-To-Cost up to 90%, with loan terms up to 24 months. Hard Money Refinance Loans also available.

  • Get up to $5,000,000
  • Interest rate 10 – 12.75%
  • Origination fee from 1.875%
  • Up to 100% construction
  • More info
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30-year rental loans for stabilized rental properties. Ideal for investors hoping to acquire an investment property. Interest rates from 7.5, loan-to-purchase price up to 80%. Built for buy and hold investors that purchase rental properties.

  • Get up to $2,000,000
  • Interest rate 7.5
  • Origination fee 2-3%
  • 30-year fixed rate
  • More info
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Ground Up

Designed for residential builders, our ground up construction loans can finance up to 90% Loan-to-Cost (LTC). Interest Rates from 10 to 13.25%

The perfect solution for builders in Tennessee that need quick access to capital to fund construction costs.

  • Get up to $5,000,000
  • Interest rate 10 - 13.25%
  • Origination fee from 1.875%
  • Up to 24 months
  • More info
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Apply online for a personal loan ranging from $1,000 to $100,000. Rates start from 7%. Compare and apply to multiple lenders easily.

Get pre-approved online immediately, with final approval of the funds within 48 hours. Loan terms up to 10 years.

  • Get up to $100,000
  • Starting at 7% APR
  • No collateral required
  • Compare many lenders
  • More info
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Tennessee Hard Money Lenders

Getting a traditional loan is a slow, drawn-out and exhausting process. At New Silver, our hard money loans are designed for real estate investors that value speed, efficiency and transparency. Offering house fix-and-flip, fix-to-rent and cash out refinance loans, our team of experienced real estate experts are available to get you capital and assist you with any hiccups that may come up along the way.

New Silver is unlike other hard money lenders in Tennessee. As licensed real estate investment professionals, we know what real estate investors need: quick and easy online applications, terms of up to twenty-four months and most of all, fast loan closing and attractive rates. At New Silver, we specialize in hard money loans for single-family residential, but we can also cater to multi-family and commercial real estate projects. Contact our Tennessee hard money lending team today to find the best loan fit for your next real estate project.

Ultimately, if you need fast closing hard money loan with competitive interest rates, New Silver is the hard money lender for you.

New Silver lends in these cities:

  • Bartlett
  • Brentwood
  • Chattanooga
  • Clarksville
  • Cleveland
  • Collierville
  • Columbia
  • Franklin
  • Gallatin
  • Germantown
  • Hendersonville
  • Jackson
  • Johnson City
  • Kingsport
  • Knoxville
  • Memphis
  • Murfreesboro
  • Nashville
  • Smyrna
  • Spring Hill
  • And More

Tennessee Real Estate Market Overview

Average Home Value


1-Year Home Appreciation


2 Bedroom Rent


Average 4 Bedroom Rent


Homes In Tennessee Are Well Priced: The average home value in Tennessee is worth $282,806. This is $44,708 less than the average home value in the US ($327,514). In addition to relatively well priced homes, Tennessee is also attracting huge numbers of new residents. Data from the US Census Bureau identified that Tennessee’s population grew by 82,988 people in 2022 — the largest amount in a single year since 2007. Growing demand is a positive sign for real estate investors.

House Prices In TN Have Reached A Plateau: While home prices in Tennessee soared from mid 2020 to mid 2022, it’s fair to say that home prices are starting to stabilize. For instance, in July 2022, the average home in TN was worth $284,352. This value has actually dropped since then, decreasing to $282,806 by January 2023.

Based on the current market signals, it seems that the Tennessee property market will continue to plateau for the next 3 – 6 months, and possibly longer than that. This might be a concern for Tennessee real estate investors with a short term time horizon.

Median Home Price by MSA

MSA Name Median Home Price 1-Year Appreciation 3-Year Appreciation
Charleston $416,700 6.6% 42.9%
Chattanooga $279,600 3.6% 41.4%
Knoxville $318,700 8.3% 52.2%
Memphis $254,000 -2.6% 33.5%
Nashville $400,100 7.5% 43.0%

Tennessee Real Estate Market Analysis

Knoxville Has Experienced Excellent 3-Year Growth: Of the key metropolitan areas in Tennessee, Knoxville has experienced the best 1-year growth (8.3%) and 3-year growth (52.2%). However, it remains to be seen if this growth in median sale value will continue. The bullish market conditions of 2022 have been replaced by bearish marketing conditions in 2023. This could stall property price growth in Knoxville and other areas in TN.

Flipping Houses In Nashville Can Be Very Profitable: Of the major metropolitan areas in TN, Nashville comfortably has the highest median sale value ($400,100). This makes it a good hunting ground for real estate investors in Tennessee hoping to maximize gross profit.

Unlike other areas where the final resale value of a property can be  limited, Knoxville has a higher home value ceiling. Provided you can spot a poorly maintained property with lots of potential, there’s every reason to consider investing in Nashville.


Tennessee Real Estate Investor Associations

Reasons to Fund Your Investment Property with New Silver

It doesn’t matter if you are a buy and hold investor or a house flipping specialist. New Silver is one of the highest-rated Tennessee hard money lenders with a selection of real estate loans perfectly matched to meet your real estate investing needs. Unlike a conventional mortgage which can take ages to complete, our hard money loans can be approved online in less than 5 minutes, with an instant proof of funds letter to help you secure the purchase. We are ready to help you solve the needs of Tennessee real estate investors with fast closing hard money loans.

Frequently Asked Questions

Yes. New Silver is a private lender that offers short term loan products for house flipping projects, but we also have 30 year rental property loans for investment properties. We also cater to real estate entrepreneurs hoping to build multi-family apartments with our new construction loans.

Yes, New Silver is a private money lender that provides asset-based loans at scale. With asset-based lending, the underwriting process can be more lenient than conventional lenders. This is because the underlying value of the asset is more important than the financial background of the investor when setting the terms of a private money loan.

As a result, the financing and credit score requirements of a hard money loan are less stringent, income verification is not needed and the debt-to-income ratio of the borrower doesn’t matter. Plus, we can get you approved and closed within 7 days.

Yes. We offer ground-up construction loans for real estate developers that build single family (1-4 unit) residential properties.

As one of the most established Tennessee hard money lenders, we can offer a maximum loan amount of $5,000,000 for our construction loans product.

Yes. Our fix and flip loans can act as a bridge loan for residential real estate investors with a loan term ranging from 6 to 24 months in duration. More information can be found on the loan product page, together with the maximum loan amounts available.

The main reason hard money loans have higher interest rates than traditional loans is because of the risks involved in the transaction. Unlike a residential home purchase, a fix and flip project could run over budget or the real estate market could take a turn for the worse, making the property difficult to sell quickly.

In other words, you could potentially lose money with a fix and flip. This risk is applicable to the borrower and the lender. The higher interest rate compensates for this risk, which most conventional lenders are unwilling to take on. Hard money lenders effectively fill the gap, using an asset based lending model to fund real estate deals.

The origination fee (loan points) is usually between 2-3%, but this varies with each deal. To work out the expected monthly payments, it is best to use our hard money loan calculator.

On this point, it is also worth noting that the monthly payment of all New Silver hard money loans work on interest only payments. This helps reduce the cash flow burdens of the investor while the project is underway. Interest only payments are one of the best benefits that you can unlock by working with a reputable hard money lender like New Silver.

In short, yes. While our credit requirements are not as stringent as a traditional lender, we do review the credit history of all our borrowers. If you’re worried about bad credit, it is best to look at our hard money loans product page to see if New Silver is a good fit for your needs.

You should find that our interest rates are lower than other private money lenders. In addition, we don’t require income verification during the credit history check.

  1. House Flipping Loan – Designed for house flippers
  2. Rental Property Loan – 30 year loan for investment properties
  3. Construction Loan – For new residential building projects
  4. Personal Loan – Private loans for whatever you need

Right now, we do not specialize in commercial hard money loans. With that being said, our maximum loan amount should be big enough to cover both residential and commercial projects.

Ultimately it comes down to the number of units of the real estate investment. If the investment property is between 1 and 50 units, can provide private money financing. If it is a commercial property that exceeds 50 units, we can connect you with one of our partners to get the capital you need to secure the real estate investment.

In short, Yes. We provide 30-year rental loans for buy and hold real estate investors. Also, we factor the income of the rental property when developing the term sheet for the loan.

Where We Lend

Hard Money Loans Across The US

Apply for a loan at New Silver today!

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