Anchor Loans for Tennessee investors
Anchor Loans is one of the oldest national hard money lenders. Long track record across multiple market cycles.
Tennessee context
Tennessee no state income tax. Memphis among deepest cash flow markets. Nashville STR contested. Smoky Mountains STR (Pigeon Forge, Gatlinburg) major market.
How Anchor Loans positions in Tennessee
The Tennessee lender pool for DSCR includes Anchor Loans among the active platforms. Tennessee top metros (Nashville, Memphis, Knoxville) see meaningful Anchor Loans loan volume.
City-level coverage in Tennessee
Anchor Loans provides DSCR coverage across Tennessee metros including Nashville, Memphis, and Knoxville. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Anchor Loans program terms apply uniformly across Tennessee metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | DSCR non-QM institutional |
|---|---|
| Products | fix-and-flip, BRRRR, rental, bridge |
| Loan size | $100K - $5.0M |
| Rates | 9.5%-12% |
| Points | 1 - 3 |
| Max LTV | 80% of ARV |
| Term lengths | 6-24 months |
| Typical close time | 10-21 days typical |
| Tennessee property tax | 0.7% |
| Tennessee state income tax | None |
Anchor Loans strengths in Tennessee
- oldest national hard money lender
- experienced underwriting
- high-volume capacity
Ideal borrower: Experienced investor with track record
FAQ
Yes, operates nationally including Tennessee. Anchor Loans is based in Calabasas, CA and operates nationally.
Nashville is the top investor market in Tennessee and falls within Anchor Loans national coverage. Nashville property tax follows the Tennessee state rate of 0.7 percent. Anchor Loans typically underwrites Nashville acquisitions at standard rate sheets.
Yes. Memphis ranks among the larger Tennessee investor metros and sees consistent DSCR loan volume from Anchor Loans. Submarket variation within Memphis matters for property selection.
Anchor Loans applies the same rate sheet across Tennessee metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Nashville, Memphis, and Knoxville all qualify for the same Anchor Loans program.
Anchor Loans indicative DSCR rate range is 9.5 to 12 percent with 1 to 3 points.
Tennessee no state income tax. Memphis among deepest cash flow markets. Nashville STR contested. Smoky Mountains STR (Pigeon Forge, Gatlinburg) major market. Anchor Loans follows standard business-purpose loan structures.
Anchor Loans funds fix-and-flip, BRRRR, rental, bridge in Tennessee.
Tennessee allows standard DSCR prepay structures; Anchor Loans typically uses 3-5 year step down.
Anchor Loans typical close: 10-21 days typical.
Bottom line
For Tennessee DSCR borrowers, Anchor Loans is one option among many. Compare against 2-3 lender programs before committing.
Independent directory listing. DSCR Loan Program is not affiliated with Anchor Loans.