Where We Lend

Hard Money & Rental Loans in Tennessee

Memphis cash flow, Nashville growth, statewide demand.

Tennessee is one of the most in-demand investor states in the country. Memphis is a national cash-flow market with deep rental inventory, Nashville brings appreciation and new-build energy, and Chattanooga and Knoxville offer balanced mid-size plays — all in a state with no personal income tax. We lend statewide.

Active renovation project financed with a Pimlico bridge loan
Tennessee
ActiveLending statewide
95Counties eligible
0%State income tax
Loan Products Available in Tennessee

What We Fund Here

Both of our core products are available statewide to investors and entities (LLCs, corps, trusts). No owner-occupied loans.

Markets We Cover

Cities & Counties We Know

Where Pimlico Capital has an active book and on-the-ground knowledge in Tennessee.

Memphis

Raleigh, Berclair, Whitehaven, Frayser, Parkway Village. Rent-to-price ratios among the strongest of any major U.S. metro.

Nashville Metro

East Nashville, Madison, Antioch, and the surrounding counties: flips, BRRRR, and build-to-rent.

Chattanooga & Knoxville

Balanced mid-size markets with steady rental demand and reasonable entry prices.

Clarksville

Fort Campbell demand and one of Tennessee's fastest-growing metros.

Local Expertise

What we actually know about Tennessee

A non-exhaustive list of the state- and city-specific things we deal with every day.

  • Memphis is a DSCR natural: deep property-management infrastructure and rents that cover the note.
  • Nashville flips price higher — our bridge goes to $3M with 100% rehab funding.
  • No personal state income tax improves net yields on long-term holds.
  • Out-of-state investors are the norm here — remote closings and LLC vesting are standard for us.

Why local knowledge matters

A national lender with a call center won't know that a Baltimore rowhouse needs a ground-rent redemption, or that Charleston STR zoning has three tiers. We've closed thousands of deals — and we've hit (and learned from) every local curveball.

Common Questions

Tennessee Lending FAQ

I'm an out-of-state investor buying in Memphis — will you fund it?
Yes. Most Tennessee investor purchases are by out-of-state buyers; we qualify on market rents with LLC vesting and remote closing.
Do you fund Nashville flips?
Yes, up to $3M total loan with 100% of the approved rehab funded on draws.
Will you lend on a Gatlinburg or Pigeon Forge short-term rental?
Case-by-case, as with all STRs — market rents and local rules both factor in. Call us and we'll walk through the deal.
How It Works

From first call to funded.

1

Submit the deal

Get a quote online or call us. We'll size the deal in 24 hours.

2

Underwriting

Our in-house team underwrites with local knowledge, not a scoring algorithm.

3

Close & fund

5–10 business days for bridge, 3–4 weeks for 30-year rental.

From the Blog

Investor Guides & Insights

Financing guides and deal breakdowns from our lending team. Browse every market we serve on our Where We Lend page.

Ready to close a deal in Tennessee?

Get a quote in 24 hours or call us right now.

Get a Quote Call (410) 855-4600
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