Private & Hard Money Lenders in Lake County, IN
22 lenders funded 216 short-term investment-property loans in Lake County in 2024 at a median rate of 11.00%. Ranked by verified loan volume — not paid placement.
Lake County hard money lenders by 2024 loan count
| # | Lender | Hard money loans | Median rate | DSCR loans |
|---|---|---|---|---|
| 1 | KIAVI FUNDING, INC. | 97 | 11.45% | 23 |
| 2 | Loan Funder LLC | 34 | 10.99% | 39 |
| 3 | RF Renovo Management Company, LLC | 19 | 11.25% | 37 |
| 4 | Secured Investment Corp | 11 | 12.49% | — |
| 5 | LIMA ONE CAPITAL, LLC | 10 | 10.32% | 15 |
| 6 | Dominion Financial Services, LLC | 10 | 11.00% | 11 |
| 7 | MM Lending, LLC | 7 | 12.00% | — |
| 8 | CENTIER BANK | 6 | 9.00% | 24 |
| 9 | BPL Mortgage, LLC | 4 | 10.99% | 33 |
| 10 | FIRST MERCHANTS BANK | 3 | 9.50% | 7 |
| 11 | RPE Home, Inc | 3 | 12.00% | — |
| 12 | Indiana University CU | 2 | — | 14 |
| 13 | LendingOne LLC | 1 | — | 19 |
| 14 | VELOCITY COMMERCIAL CAPITAL LLC | 1 | — | 9 |
| 15 | US BANK, N.A. | 1 | — | 4 |
| 16 | FORTRESS BANK | 1 | — | 3 |
| 17 | PROVIDENCE BANK & TRUST | 1 | — | 3 |
| 18 | Constructive Loans LLC | 1 | — | 2 |
| 19 | American Heritage Lending, LLC | 1 | — | 1 |
| 20 | Old Second National Bank | 1 | — | 1 |
| 21 | Purdue Federal Cu | 1 | — | 1 |
| 22 | Easy Street Capital LLC | 1 | — | — |
DSCR / long-term rental lenders in Lake 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
22 lenders reported short-term, business-purpose investment loans in Lake County in 2024 verified lending records — 216 loans totaling $38.9M. Smaller local lenders below public reporting thresholds may also operate here.
The median note rate across Lake County's active lenders was 11.00% in 2024, with per-lender medians ranging from 9.00% to 12.49%. 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.