Tennessee specific hard money loan facts:
Property Types: Commercial,
Residential, land and Investment Properties
Prepayment Penalties: none required, but offered if you request
TN Loan Amounts: From $15,000 to $50M on residential real estate and $1B on commercial properties
TN Loan Fees: From 0-5 points (Minimum fee of $5k applies)
Interest Rates: start at 9.0% on first position notes, greater on seconds
Amortization: Interest only, Fully Amortized or payment deferred options for maximum cash flow
Term of Loans: From 1 month up to a full 30 years
We serve all of the main metropolitan cities in Tennessee, including: Memphis, Nashville, Davidson, Knoxville, Chattanooga, Clarksville, Murfreesboro, Jackson, Johnson City, Franklin, Bartlett, Hendersonville, Kingsport, Collierville, Cleveland, Germantown, Smyrna, Columbia, Brentwood, Cookeville, Gallatin, Oak Ridge, La Vergne, Morristown, Maryville, Bristol, Lebanon, Spring Hill, East Ridge, Mount Juliet, Farragut, Shelbyville, Tullahoma, Dyersburg, Springfield, Goodlettsville, Greeneville, Sevierville. We also provide the small cities in Tennessee with private investor money as well.