Private & Hard Money Lenders in Craighead County, AR
14 lenders funded 176 short-term investment-property loans in Craighead County in 2024 at a median rate of 8.75%. Ranked by verified loan volume — not paid placement.
Craighead County hard money lenders by 2024 loan count
| # | Lender | Hard money loans | Median rate | DSCR loans |
|---|---|---|---|---|
| 1 | SIMMONS BANK | 47 | 8.54% | 1 |
| 2 | Southern Bank | 30 | 8.19% | 19 |
| 3 | First Community Bank | 25 | 8.88% | 4 |
| 4 | ARVEST BANK | 24 | 8.25% | 21 |
| 5 | First National Bank | 17 | 8.75% | 15 |
| 6 | Evolve Bank & Trust | 12 | 8.50% | 39 |
| 7 | The Farmers & Merchants Bank | 7 | 8.75% | — |
| 8 | KIAVI FUNDING, INC. | 4 | 11.50% | 1 |
| 9 | Cadence Bank | 3 | 8.50% | 10 |
| 10 | Centennial Bank | 3 | 8.75% | 2 |
| 11 | SOUTHERN BANCORP BANK | 1 | — | 8 |
| 12 | Encore Bank | 1 | — | 7 |
| 13 | First Security Bank | 1 | — | 3 |
| 14 | BANK OZK | 1 | — | 1 |
DSCR / long-term rental lenders in Craighead 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
14 lenders reported short-term, business-purpose investment loans in Craighead County in 2024 verified lending records — 176 loans totaling $32.0M. Smaller local lenders below public reporting thresholds may also operate here.
The median note rate across Craighead County's active lenders was 8.75% in 2024, with per-lender medians ranging from 8.19% to 11.50%. 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.