Private & Hard Money Lenders in Delaware County, IN
8 lenders funded 14 short-term investment-property loans in Delaware County in 2024 at a median rate of 11.50%. Ranked by verified loan volume — not paid placement.
Delaware County hard money lenders by 2024 loan count
| # | Lender | Hard money loans | Median rate | DSCR loans |
|---|---|---|---|---|
| 1 | MM Lending, LLC | 5 | 11.50% | — |
| 2 | FIRST MERCHANTS BANK | 2 | — | 12 |
| 3 | Merchants Bank of Indiana | 2 | — | — |
| 4 | The Farmers & Merchants State Bank | 1 | — | 6 |
| 5 | Loan Funder LLC | 1 | — | 3 |
| 6 | KIAVI FUNDING, INC. | 1 | — | 2 |
| 7 | CENTIER BANK | 1 | — | — |
| 8 | Secured Investment Corp | 1 | — | — |
DSCR / long-term rental lenders in Delaware 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
8 lenders reported short-term, business-purpose investment loans in Delaware County in 2024 verified lending records — 14 loans totaling $6.1M. Smaller local lenders below public reporting thresholds may also operate here.
The median note rate across Delaware County's active lenders was 11.50% 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.