How many hard money lenders are active in Marion County?

38 lenders reported short-term, business-purpose investment loans in Marion County in 2024 verified lending records — 451 loans totaling $478.3M. Smaller local lenders below public reporting thresholds may also operate here.

What do hard money loans cost in Marion County?

The median note rate across Marion County's active lenders was 11.00% in 2024, with per-lender medians ranging from 8.00% to 13.99%. Hard money runs well above conventional mortgage rates because loans are short, asset-based, and close fast.

Lender directory

Private & Hard Money Lenders in Marion County, IN

38 lenders funded 451 short-term investment-property loans in Marion County in 2024 at a median rate of 11.00%. Ranked by verified loan volume — not paid placement.

2024 verified lending records·Pulled 2026-09-01

Hard money loans (2024)

451$478.3M

Median note rate

11.00%8.0–14.0%

DSCR / rental loans

1,173

Marion County hard money lenders by 2024 loan count

#	Lender	Hard money loans	Median rate	DSCR loans
1	KIAVI FUNDING, INC.	155	11.25%	30
2	MM Lending, LLC	105	12.00%	—
3	Loan Funder LLC	48	11.25%	61
4	RPE Home, Inc	20	12.00%	—
5	Merchants Bank of Indiana	12	8.10%	8
6	Indiana University CU	11	8.00%	28
7	STOCK YARDS BANK & TRUST COMPANY	11	8.50%	18
8	LendingOne LLC	11	11.25%	10
9	Genesis Capital, LLC	11	9.63%	—
10	LIMA ONE CAPITAL, LLC	8	11.30%	13
11	VELOCITY COMMERCIAL CAPITAL LLC	6	12.74%	20
12	Dominion Financial Services, LLC	6	11.00%	18
13	Easy Street Capital LLC	6	10.90%	—
14	BPL Mortgage, LLC	5	10.38%	43
15	FIRST MERCHANTS BANK	5	9.00%	11
16	LAKE CITY BANK	4	8.07%	2
17	Secured Investment Corp	3	13.99%	—
18	Old National Bank	2	—	7
19	FORUM Credit Union	2	—	5
20	Arixa Secured Income Fund, LLC	2	—	—
21	CRANE CREDIT UNION	1	—	69
22	American Heritage Lending, LLC	1	—	17
23	HORIZON BANK	1	—	6
24	JACKSON COUNTY BANK	1	—	5
25	Ice Lender Holdings LLC	1	—	4
26	CENTIER BANK	1	—	3
27	First Farmers Bank & Trust	1	—	3
28	Temple View Capital Funding LP	1	—	3
29	Constructive Loans LLC	1	—	2
30	1ST SOURCE BANK	1	—	—
31	AMERICAN BANK OF FREEDOM	1	—	—
32	Arixa Enhanced Income Fund, LP	1	—	—
33	Associated Bank NA	1	—	—
34	Bank of Springfield	1	—	—
35	BUSEY BANK	1	—	—
36	CIBC Bank USA	1	—	—
37	Merchants Mortgage & Trust Corporation	1	—	—
38	THE CENTRAL TRUST BANK	1	—	—

DSCR / long-term rental lenders in Marion 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.

United Wholesale Mortgage · 113JPMorgan Chase Bank, NA · 36HomeXpress Mortgage Corp. · 32FAIRWAY INDEPENDENT MORT CORP · 24INDIANA MEMBERS CREDIT UNION · 24CROSSCOUNTRY MORTGAGE, LLC · 22Union Savings Bank · 22Deephaven Mortgage LLC · 21Union Home Mortgage Corp. · 19THE FEDERAL SAVINGS BANK · 18NEWREZ LLC · 16OCMBC, INC. · 16GUARANTEED RATE, INC. · 14GUILD MORTGAGE COMPANY · 14Highlands Residential Mortgage, Ltd. · 14A&D MORTGAGE LLC · 13Arbor Realty Trust, Inc. · 12CMG MORTGAGE INC · 12RF Renovo Management Company, LLC · 11SECURITYNATIONAL MORTGAGE COMPANY · 11

Methodology

Counts come from 2024 verified public lending records: originated, business-purpose loans on investment properties with terms of 36 months or less — the bridge and fix-and-flip products that define hard money. Longer-term business-purpose loans are shown separately as DSCR/rental lending. Median rates are published only where at least 3 loans disclosed one.

Smaller local lenders below public reporting thresholds may be active in Marion Countywithout appearing here. Rankings are never paid placement.

Frequently asked questions

Researching deals in Marion County? Marion Countyparcel & owner data · all Indiana lenders