Hard Money Lenders Tennessee
Get approved in less than 5 minutes with instant term sheet + proof of funds
Fast Tennessee Hard Money Loans
Ready to close in less than a week
- Interest rates 9.25 – 11.25%
- 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

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.
Loan Programs
Fix & Flip
For house flippers hoping to purchase a fixer upper to renovate and resell in Tennessee. Interest rates from 9.25 – 11.25%, Loan-To-Cost up to 90%, with loan terms up to up to 18 months. Hard Money Refinance Loans also available.
- Get up to $5,000,000
- Interest rate 9.25 – 11.25%
- Origination fee from 1.25 - 1.75%
- Up to 100% construction
Rent
30-year rental loans for stabilized rental properties. Ideal for investors hoping to acquire an investment property. Interest rates from 6.375, loan-to-purchase price up to 80%. Built for buy and hold investors that purchase rental properties.
- Get up to $3,000,000
- Interest rate 6.375
- Origination fee 0 - 2%
- 30-year fixed rate
Ground Up
Designed for residential builders, our ground up construction loans can finance up to 90% Loan-to-Cost (LTC). Interest Rates from 10.5 to 11.5%
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 10.5 - 11.5%
- Origination fee from 1.5 - 2%
- Up to 18 months
Recently Funded In Tennessee

$191,250
Chattanooga, TN

$206,250
Chattanooga, TN

$269,500
Chattanooga, TN

$165,900
Chattanooga, TN

$171,500
Chattanooga, TN

$362,333
Cleveland, TN

$195,500
Columbia, TN

$306,000
Knoxville, TN

$272,000
Madison, TN

$245,000
Memphis, TN
Tennessee Real Estate Market Overview
Average Home Value
$332,428
1-Year Home Appreciation
1.2%
Average
2 Bedroom Rent
$992/month
Average 4 Bedroom Rent
$2,840/month
Entry-Level Affordability Meets Migration Momentum: Tennessee remains a compelling market for investors looking to get strong value on their initial purchase. With an average home value of $332,428, the state still offers lower-than-national-average pricing, but what truly sets it apart is migration-driven demand. Tennessee added nearly 83,000 new residents in 2022 alone — and this trend continues, especially in pro-business, tax-friendly cities like Nashville and Chattanooga. For flippers, the opportunity lies in anticipating where this population growth will hit next and securing inventory before demand pushes prices higher.
Price Plateau or Investment Opportunity: After a red-hot streak from 2020 through 2022, Tennessee’s property values have entered a period of leveling off, with just 1.2% appreciation over the past year. For short-term investors, this signals a pivot point: it’s no longer enough to bank on market appreciation. Instead, the profit will come from value creation — savvy acquisition, efficient renovations, and understanding micro-markets that still have tailwinds. Suburban expansion and emerging neighborhoods are where attention should turn.
House Flipping Hot Spots In Tennessee
1. Nashville remains Tennessee’s crown jewel for house flippers. Rapid population growth, strong job creation in healthcare, tech, and music industries, and ongoing in-migration have driven both demand and home values. The city also has a high number of outdated properties in up-and-coming neighborhoods like East Nashville and The Nations — ideal for value-add renovation projects.
2. Chattanooga combines affordability with momentum. Neighborhoods like St. Elmo and Highland Park have seen significant revitalization, and the city’s focus on attracting tech startups and remote workers is adding fuel to the housing demand. With median home prices still accessible and local government support for redevelopment, it’s a smart target for strategic flips.
3. Clarksville has become a popular relocation option due to its affordability, proximity to Fort Campbell, and access to Nashville’s job market. The area is filled with older homes in need of cosmetic upgrades, and the buyer pool includes both military families and first-time homeowners — perfect for flippers seeking quick turnover.
Resources Used In This Analysis:
Zillow Home Value | Rent.com TN | U.S. Census Data | Nashville Trends | Chattanooga Insights | Clarksville Market
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.

Yes. New Silver is both a hard money lender and private money lender specializing in asset-based financing for real estate investors across the U.S. This makes us an excellent option for investors who need quick access to capital – with instant term sheets, competitive rates, and, most importantly, fast closings that typically happen within 5 to 7 business days.
New Silver offers a variety of loan terms to suit different real estate investing strategies in Tennessee, including:
- Short-term fix and flip loans with durations typically between up to 18 months.
- 30 rental property loans for long-term investment stability.
- Construction loans structured around your development timeline, typically 18 months.
These terms allow real estate investors to match financing to their strategy—whether that’s a quick resale or long-term cash flow.
New Silver provides ground-up construction loans for real estate investors and developers building Residential 1-4 units, condos, townhomes in Tennessee. We fund projects up to $5,000,000, with terms tailored to construction timelines. These loans are ideal for single-family residential builds that need reliable capital from start to finish.
New Silver offers short-term bridge financing through our fix and flip loan program. These loans have terms of up to 18 months and are ideal for real estate investors who need immediate funding to purchase and improve properties before resale.
Interest rates on hard money loans are higher than traditional mortgages because of the increased risk and speed involved. These loans are used for investment properties that need renovation, quick closing timelines, or flexible qualification—situations traditional lenders usually avoid.
Hard money loans are asset-based, meaning the property’s value drives the approval and serves as collateral for the loan. Since they’re short-term and fund riskier projects, the higher interest compensates for that risk. In return, investors gain access to fast, flexible capital that can help them act on time-sensitive opportunities and scale their portfolio faster.
Origination fees for New Silver loans typically range between 1.25 - 1.75%. Monthly payments on short-term loans are interest-only, reducing cash flow strain during renovations. For an accurate estimate, we recommend using our Hard Money Loan Calculator to preview fees and monthly costs.
Credit scores are part of our evaluation process, but they’re not the primary factor. Unlike traditional lenders, New Silver focuses on the asset and overall deal strength. A lower credit score may still qualify if the investment opportunity is strong.
New Silver offers a range of loan products designed for real estate investors in Tennessee, including:
Each product is tailored for specific investment strategies, whether you’re renovating, holding, or building.
New Silver specializes in residential investment properties up to 4 units. We do not currently fund commercial properties with more than 4 units. However, we have partners we can refer you to if your project exceeds our scope.
We offer a DSCR-based 30-year rental property loan.This loan qualifies largely based on the income generated by the investment property, with a minimum DSCR requirement of 0.75. It’s ideal for buy-and-hold investors who want long-term financing in Tennessee.
Where We Lend
Hard Money Loans Across The US
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- South Carolina
- South Dakota
- Tennessee
- Texas
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- Vermont
- Virginia
- Washington
- Washington DC
- West Virginia
- Wisconsin
- Wyoming
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