Private & Hard Money Lenders in Iowa
58 lenders funded 604 short-term investment-property loans ($279M) across Iowa in 2024, at a median note rate of 8.50%. Ranked by verified loan volume — not paid placement.
Top 10 hard money lenders in Iowa by 2024 loan count
| # | Lender | Hard money loans | Median rate |
|---|---|---|---|
| 1 | HILLS BANK AND TRUST COMPANY | 162 | 9.00% |
| 2 | Fidelity Bank & Trust | 86 | 7.85% |
| 3 | CENTRAL BANK | 43 | 8.25% |
| 4 | CBI Bank & Trust | 36 | 8.75% |
| 5 | DUTRAC COMMUNITY CREDIT UNION | 28 | 6.38% |
| 6 | Bank Iowa | 27 | 8.50% |
| 7 | MIDWESTONE BANK | 26 | 8.50% |
| 8 | NORTHWEST BANK | 19 | 9.50% |
| 9 | Fidelity Bank | 15 | 9.25% |
| 10 | United Bank of Iowa | 13 | — |
Iowa hard money lending by county
Counties with at least 3 active lenders have a full directory page.
Limited 2024 activity (1–2 reporting lenders): Clayton County, Benton County, Bremer County, Mahaska County, Cedar County, Jones County, Cherokee County, Crawford County, Jasper County, Marion County, Wapello County, Clay County, Delaware County, Jackson County, Lee County, Warren County, Calhoun County, Chickasaw County, Fremont County, Harrison County, Humboldt County, Keokuk County, Madison County, Marshall County, Page County, Plymouth County, Sioux County, Webster County, Winneshiek County, Allamakee County, Buchanan County, Davis County, Decatur County, Emmet County, Fayette County, Grundy County, Guthrie County, Ida County, Iowa County, Jefferson County, Louisa County, Lyon County, Mills County, Monona County, Montgomery County, Sac County, Shelby County, Story County, Union County. These counties are typically served by the statewide lenders above.