Private & Hard Money Lenders in Vanderburgh County, IN
17 lenders funded 32 short-term investment-property loans in Vanderburgh County in 2024 at a median rate of 8.50%. Ranked by verified loan volume — not paid placement.
Vanderburgh County hard money lenders by 2024 loan count
| # | Lender | Hard money loans | Median rate | DSCR loans |
|---|---|---|---|---|
| 1 | GERMAN AMERICAN BANK | 6 | 8.50% | 30 |
| 2 | Boonville Federal Savings Bank | 5 | 9.75% | 1 |
| 3 | Old National Bank | 4 | 8.50% | 24 |
| 4 | KIAVI FUNDING, INC. | 2 | — | 1 |
| 5 | Loan Funder LLC | 2 | — | — |
| 6 | MM Lending, LLC | 2 | — | — |
| 7 | Liberty Federal Credit Union | 1 | — | 16 |
| 8 | FIRST FEDERAL SAVINGS BANK | 1 | — | 5 |
| 9 | INDIANA MEMBERS CREDIT UNION | 1 | — | 4 |
| 10 | Indiana University CU | 1 | — | 4 |
| 11 | SOUTH CENTRAL BANK INC | 1 | — | 3 |
| 12 | HOOSIER HILLS CREDIT UNION | 1 | — | 1 |
| 13 | Temple View Capital Funding LP | 1 | — | 1 |
| 14 | Carrollton Bank | 1 | — | — |
| 15 | Ice Lender Holdings LLC | 1 | — | — |
| 16 | Merchants Mortgage & Trust Corporation | 1 | — | — |
| 17 | Secured Investment Corp | 1 | — | — |
DSCR / long-term rental lenders in Vanderburgh 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
17 lenders reported short-term, business-purpose investment loans in Vanderburgh County in 2024 verified lending records — 32 loans totaling $11.5M. Smaller local lenders below public reporting thresholds may also operate here.
The median note rate across Vanderburgh County's active lenders was 8.50% in 2024, with per-lender medians ranging from 8.50% to 9.75%. 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.