Private & Hard Money Lenders in Mobile County, AL
20 lenders funded 111 short-term investment-property loans in Mobile County in 2024 at a median rate of 9.40%. Ranked by verified loan volume — not paid placement.
Mobile County hard money lenders by 2024 loan count
| # | Lender | Hard money loans | Median rate | DSCR loans |
|---|---|---|---|---|
| 1 | Community Bank of Mississippi | 30 | 8.50% | 34 |
| 2 | Cadence Bank | 13 | 9.00% | 19 |
| 3 | KIAVI FUNDING, INC. | 12 | 11.95% | 15 |
| 4 | River Bank & Trust | 12 | 8.50% | 7 |
| 5 | TRUSTMARK NATIONAL BANK | 6 | 9.40% | 4 |
| 6 | BANKPLUS | 5 | 8.50% | 4 |
| 7 | The First Bank | 4 | 9.00% | 19 |
| 8 | BRYANT BANK | 4 | 9.50% | 10 |
| 9 | RPE Home, Inc | 4 | 11.00% | — |
| 10 | SERVISFIRST BANK | 3 | 7.75% | 4 |
| 11 | VELOCITY COMMERCIAL CAPITAL LLC | 3 | 10.49% | 3 |
| 12 | RF Renovo Management Company, LLC | 3 | 10.25% | — |
| 13 | LIMA ONE CAPITAL, LLC | 2 | — | 16 |
| 14 | LendingOne LLC | 2 | — | 3 |
| 15 | Loan Funder LLC | 2 | — | 1 |
| 16 | Centennial Bank | 2 | — | — |
| 17 | RENASANT BANK | 1 | — | 9 |
| 18 | Dominion Financial Services, LLC | 1 | — | 1 |
| 19 | Easy Street Capital LLC | 1 | — | — |
| 20 | PEOPLESSOUTH BANK | 1 | — | — |
DSCR / long-term rental lenders in Mobile 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
20 lenders reported short-term, business-purpose investment loans in Mobile County in 2024 verified lending records — 111 loans totaling $23.4M. Smaller local lenders below public reporting thresholds may also operate here.
The median note rate across Mobile County's active lenders was 9.40% in 2024, with per-lender medians ranging from 7.75% to 11.95%. 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.