Private & Hard Money Lenders in Lee County, AL
15 lenders funded 44 short-term investment-property loans in Lee County in 2024 at a median rate of 8.75%. Ranked by verified loan volume — not paid placement.
Lee County hard money lenders by 2024 loan count
| # | Lender | Hard money loans | Median rate | DSCR loans |
|---|---|---|---|---|
| 1 | River Bank & Trust | 9 | 8.50% | 5 |
| 2 | KIAVI FUNDING, INC. | 7 | 10.95% | — |
| 3 | Merchants Mortgage & Trust Corporation | 5 | 10.75% | — |
| 4 | Phenix-Girard Bank | 4 | 8.75% | 10 |
| 5 | RENASANT BANK | 4 | 8.50% | 10 |
| 6 | SouthState Bank, N.A. | 2 | — | 5 |
| 7 | Max Credit Union | 2 | — | 3 |
| 8 | BANKPLUS | 2 | — | — |
| 9 | Dominion Financial Services, LLC | 2 | — | — |
| 10 | LIMA ONE CAPITAL, LLC | 2 | — | — |
| 11 | Community Bank of Mississippi | 1 | — | 1 |
| 12 | TRUSTMARK NATIONAL BANK | 1 | — | 1 |
| 13 | Cadence Bank | 1 | — | — |
| 14 | Loan Funder LLC | 1 | — | — |
| 15 | PEOPLESSOUTH BANK | 1 | — | — |
DSCR / long-term rental lenders in Lee County
These lenders reported only longer-term (>36 month) business-purpose rental loans here in 2024— a different product from hard money, listed separately so the two aren't conflated.
Frequently asked questions
15 lenders reported short-term, business-purpose investment loans in Lee County in 2024 verified lending records — 44 loans totaling $14.2M. Smaller local lenders below public reporting thresholds may also operate here.
The median note rate across Lee County's active lenders was 8.75% in 2024, with per-lender medians ranging from 8.50% to 10.95%. Hard money runs well above conventional mortgage rates because loans are short, asset-based, and close fast.
Verified public lending records for 2024. We count originated, business-purpose loans on investment properties with terms of 36 months or less — the bridge and fix-and-flip products hard money lenders make. Rankings reflect verified loan counts, never paid placement.