Tennessee Private Money Lenders
Seeking a private money loan secured by real estate in Tennessee? On this page you'll find a list of direct private money lending companies that offer fast funding for a Tennessee property purchase, refinance, or equity cash out in 1st lien position. Private money loans are for short-term (3-24 months) and primarily qualify based on equity in the subject property, at least 30% for most lenders. Scroll below the lender list.Searching...
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Malve Capital LLC
Fast And Easy Real Estate Loans. Closing as fast as 5 business days, subject to clear title.
RBI Private Lending
Direct lender, specialized in Bridge, Fix and Flip and Construction. FN and new investors welcome.
Tennessee Private Money Interest Rates
According to the private money loan documents software company, Lightning Docs, the average interest rate for Tennessee private money loans in the 1st quarter of 2024 was 11.54%. The average loan amount was $579,584. These stats are the average of 38 short-term loans (including bridge, rehab, and ground-up construction) funded for investment properties in Tennessee between January 1, 2024 and March 31, 2024 by multiple private lending companies that use Lightning Docs as their preferred software provider to prepare loan documents.
According to private lending data provider, Analytics Logics, the average interest rate for Tennessee private money loans in the 1st quarter of 2024 was 11.83%. Lenders charged an average of 3.3% points (origination fee). The average LTV (loan-to-value) for private money loans in Tennessee was 62%, and the average loan amount was $194,190. These stats are the average of all the loans which were funded between January 1, 2024 and March 31, 2024 by the many private lenders who use Liquid Logics’ loan origination software to manage their lending operations.
Top 10 Tennessee Private Lenders
According to Forecasaâ„¢, here are the Top 10 Private Lenders ranked by the number of private mortgage loans originated in Tennessee in the last 12 months from March 2024.
- Kiavi
- Avalon Capital Thrift And Loan LLC
- Ninety8 Capital LLC
- Crestcore Realty
- Longhorn Investments
- Bell Rock Finance
- Lima One Capital LLC
- Constructive Loans LLC
- RCN Capital LLC
- Easy Street Capital
Forecasaâ„¢ provides analytics data for Tennessee private lending on a quarterly basis. You’ll find their top lenders data for many other states on our platform.