Private & Hard Money Lenders in Scott County, IA
10 lenders funded 47 short-term investment-property loans in Scott County in 2024 at a median rate of 7.85%. Ranked by verified loan volume — not paid placement.
Scott County hard money lenders by 2024 loan count
| # | Lender | Hard money loans | Median rate | DSCR loans |
|---|---|---|---|---|
| 1 | DUTRAC COMMUNITY CREDIT UNION | 18 | 5.38% | 9 |
| 2 | CBI Bank & Trust | 16 | 7.85% | 11 |
| 3 | Dominion Financial Services, LLC | 4 | 11.00% | 4 |
| 4 | Morton Community Bank | 2 | — | — |
| 5 | RPE Home, Inc | 2 | — | — |
| 6 | ASCENTRA CREDIT UNION | 1 | — | 33 |
| 7 | American B&T C, N.A. | 1 | — | 5 |
| 8 | Loan Funder LLC | 1 | — | 2 |
| 9 | LIMA ONE CAPITAL, LLC | 1 | — | — |
| 10 | Nicolet National Bank | 1 | — | — |
DSCR / long-term rental lenders in Scott 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
10 lenders reported short-term, business-purpose investment loans in Scott County in 2024 verified lending records — 47 loans totaling $14.9M. Smaller local lenders below public reporting thresholds may also operate here.
The median note rate across Scott County's active lenders was 7.85% in 2024, with per-lender medians ranging from 5.38% to 11.00%. 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.