Private & Hard Money Lenders in Johnson County, IA
9 lenders funded 60 short-term investment-property loans in Johnson County in 2024 at a median rate of 8.75%. Ranked by verified loan volume — not paid placement.
Johnson County hard money lenders by 2024 loan count
| # | Lender | Hard money loans | Median rate | DSCR loans |
|---|---|---|---|---|
| 1 | HILLS BANK AND TRUST COMPANY | 48 | 8.75% | 73 |
| 2 | CBI Bank & Trust | 3 | 9.50% | 12 |
| 3 | MIDWESTONE BANK | 3 | 8.75% | 10 |
| 4 | First Interstate Bank | 1 | — | 3 |
| 5 | Heartland Bank and Trust Company | 1 | — | 1 |
| 6 | LINCOLN SAVINGS BANK | 1 | — | 1 |
| 7 | DUTRAC COMMUNITY CREDIT UNION | 1 | — | — |
| 8 | Fidelity Bank & Trust | 1 | — | — |
| 9 | RPE Home, Inc | 1 | — | — |
DSCR / long-term rental lenders in Johnson 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
9 lenders reported short-term, business-purpose investment loans in Johnson County in 2024 verified lending records — 60 loans totaling $18.5M. Smaller local lenders below public reporting thresholds may also operate here.
The median note rate across Johnson County's active lenders was 8.75% in 2024, with per-lender medians ranging from 8.75% to 9.50%. 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.