Private & Hard Money Lenders in Madison County, IN
14 lenders funded 77 short-term investment-property loans in Madison County in 2024 at a median rate of 11.75%. Ranked by verified loan volume — not paid placement.
Madison County hard money lenders by 2024 loan count
| # | Lender | Hard money loans | Median rate | DSCR loans |
|---|---|---|---|---|
| 1 | MM Lending, LLC | 34 | 10.50% | — |
| 2 | KIAVI FUNDING, INC. | 22 | 11.25% | 6 |
| 3 | RPE Home, Inc | 5 | 11.75% | — |
| 4 | Loan Funder LLC | 4 | 12.00% | 6 |
| 5 | CENTIER BANK | 2 | — | — |
| 6 | Community First Bank of IND | 2 | — | — |
| 7 | FIRST MERCHANTS BANK | 1 | — | 12 |
| 8 | Indiana University CU | 1 | — | 9 |
| 9 | Dominion Financial Services, LLC | 1 | — | 5 |
| 10 | The Farmers & Merchants State Bank | 1 | — | 1 |
| 11 | VELOCITY COMMERCIAL CAPITAL LLC | 1 | — | 1 |
| 12 | Genesis Capital, LLC | 1 | — | — |
| 13 | LAKE CITY BANK | 1 | — | — |
| 14 | STOCK YARDS BANK & TRUST COMPANY | 1 | — | — |
DSCR / long-term rental lenders in Madison 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 Madison County in 2024 verified lending records — 77 loans totaling $17.0M. Smaller local lenders below public reporting thresholds may also operate here.
The median note rate across Madison County's active lenders was 11.75% in 2024, with per-lender medians ranging from 10.50% to 12.00%. 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.