Why Tennessee works for AGS Lending Partners' 100% program
Tennessee is a non-judicial foreclosure state with a fast statutory timeline, which is why our capital partners price Tennessee at the program's highest leverage tier — 100% loan-to-cost up to 70% of after-repair value. Combined with the state's strong investor-buyer demand and steady population inflow into Nashville, Knoxville, and Chattanooga, Tennessee is one of our most active flip markets outside of Texas.
Our flagship Velocity program funds 100% of (purchase + rehab) at 12.99% interest-only, 3.5 origination points, $2,500 processing, with no exit fee. For investors with stronger files, our Optimal program runs 9.25%–11.25% on matrix-derived leverage (typically 80–95% LTC) — a smaller down payment in exchange for a meaningfully lower rate.
Both programs operate across all of our Tennessee-approved cities. Run your numbers below.
Run your Tennessee deal now
Calculator opens with Tennessee pre-selected. Add your purchase, rehab, and ARV — see both programs side by side in seconds.
Open Tennessee calculator →Tennessee approved-area cities (Velocity 100%)
Velocity (100% financing) requires the property to be in an approved-area city. Optimal works in any Tennessee city. The Velocity-approved Tennessee cities are:
Property in a Tennessee city not listed? It still qualifies for the Optimal program — same calculator, just slightly less leverage.
Tennessee fix and flip loan FAQ
Are AGS Lending Partners' Tennessee fix and flip loans 100% financed?
Yes. Our Velocity program funds 100% of purchase plus rehab in Tennessee, up to a 70% ARV cap. You'll cover origination points (3.5%), $2,500 processing, and third-party closing costs (title insurance, hazard insurance, recording, etc.) at closing. No separate down payment is required.
Does Tennessee's non-judicial foreclosure status affect my loan terms?
Yes — favorably. Non-judicial states like Tennessee allow our capital partners to apply higher ARLTV caps (75% on Optimal, vs 70% in judicial states like Florida). That translates to higher leverage on the same deal, particularly on Optimal where experience-tier matrix pricing is at play.
How fast can a Tennessee fix and flip loan close?
Typical close timeline is 10–14 business days from full application + documents in hand. Faster is possible with clean title, fast appraisal/BPO, and a pre-bound insurance policy. Submit your deal via the calculator's "Get your real quote" CTA and we'll lock you a closer within 24 hours.
What if my Tennessee property isn't in an approved Velocity city?
Outside the approved-city list, the deal moves to Optimal — same lender, same speed, slightly less leverage (typically 85–90% LTC instead of 100%). Optimal covers the entire state. Many Tennessee submarkets (Murfreesboro, Franklin, Cleveland, Maryville) route this way.
Not in Tennessee? See the main calculator (works for all 12 active states), or read our full fix and flip program guide .