Tennessee Hard Money Lenders
Looking for a Tennessee Hard Money Lender – Private Equity Loan? Need to act quickly so as not to miss an opportunity. If your current credit, employment or asset situation won’t allow you to get a conventional Tennessee loan or you can’t wait the typical 40 days to have your loan funded through Tennessee conventional lenders – because you need your loan funded fast – consider a Tennessee private equity or hard money loan.
Tennessee Hard Money Loans
Tennessee Private equity – hard money – loans are asset based loans placed with Tennessee private investors who use their private money to finance or refinance real estate loans. Tennessee Private equity hard money loans are based almost solely on the property value as apposed to conventional lending institutions which have strict underwriting guidelines for borrower credit, loan to value amount and real estate asset value.
Through years in the mortgage lending business hard money lenders have seen all types of borrower situations were conventional lenders will not or can not accommodate the borrowers needs – due to credit issues, time frame issues or income and employment issues.
Tennessee Private Equity Loans
In order to meet the needs of just such Tennessee hard money loan borrowers hard money lenders have developed relationships with a number of private equity lenders that loan their private funds based on the secured asset value of your property alone. Private equity lenders typically do not require proof of income, they will loan based on your stated income and the value of your property or profitability of your project.
Tennessee Bridge Loans
Funding is available for all types of borrowers and credit situations. If you need a Tennessee bridge loan, a Tennessee sub prime loan or a loan from Tennessee high risk lender visit these pages and visit the private equity hard money high risk lenders you’ll find listed.
Contact these hard money lenders they will explain all your Tennessee hard money private equity loan options including: Tennessee commercial, residential and refinance of current mortgages – with their help you will make a fully informed hard money mortgage choice!
State of Tennessee
Hernando de Soto first visited the region in 1540. In the 1670s and 1680s, the arrival of French and English explorers led both countries to claim the area. Great Britain won the area after the French and Indian Wars. After the Revolution the U.S. gained the area and Tennessee became a state in1796. Tennessee joined the Confederacy during the Civil War, although sentiments were mixed. Tennessee was a military battleground.
The capital of Tennessee is Nashville, and other large cities are Memphis, Knoxville, Chattanooga, Murfreesboro and Johnson City. The population in 2005 was 5,962,959. Leading in tobacco production, the state also derives income from livestock and dairy products. The state produces chemicals, apparel, textiles, machinery, furniture, lumber, metals, marble and zinc.
The Great Smoky Mountains are a prime tourist attraction. The Hermitage, home of Andrew Jackson, and the country music city of Nashville also have their share of visitors.
Disclaimer: The hard money loan calculators found on this website are offered only to estimate monthly loan payments. No guarantee is offered or implied as to their accuracy. Hard money loans are non conforming, they do not conform to the underwriting guidelines of Fannie Mae or Freddie Mac. Each private equity hard money lender has their own fee structures which may include points at closing and early prepayment penalties. Discuss all of the details of your particular hard money loan including all costs and fees with your selected hard money lender.