Private & Hard Money Lenders in Rock Island County, IL
7 lenders funded 12 short-term investment-property loans in Rock Island County in 2024 at a median rate of 7.50%. Ranked by verified loan volume — not paid placement.
Rock Island County hard money lenders by 2024 loan count
| # | Lender | Hard money loans | Median rate | DSCR loans |
|---|---|---|---|---|
| 1 | CBI Bank & Trust | 6 | 7.50% | 15 |
| 2 | ASCENTRA CREDIT UNION | 1 | — | 16 |
| 3 | American B&T C, N.A. | 1 | — | 4 |
| 4 | DUTRAC COMMUNITY CREDIT UNION | 1 | — | 3 |
| 5 | Dominion Financial Services, LLC | 1 | — | 2 |
| 6 | KIAVI FUNDING, INC. | 1 | — | 2 |
| 7 | RPE Home, Inc | 1 | — | — |
DSCR / long-term rental lenders in Rock Island 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
7 lenders reported short-term, business-purpose investment loans in Rock Island County in 2024 verified lending records — 12 loans totaling $1.5M. Smaller local lenders below public reporting thresholds may also operate here.
The median note rate across Rock Island County's active lenders was 7.50% in 2024. 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.