Private & Hard Money Lenders in Logan County, KY
5 lenders funded 17 short-term investment-property loans in Logan County in 2024 at a median rate of 8.25%. Ranked by verified loan volume — not paid placement.
Logan County hard money lenders by 2024 loan count
| # | Lender | Hard money loans | Median rate | DSCR loans |
|---|---|---|---|---|
| 1 | FIRST SOUTHERN NATIONAL BANK | 10 | 8.25% | 14 |
| 2 | SOUTH CENTRAL BANK INC | 3 | 8.25% | 6 |
| 3 | INDEPENDENCE BANK OF KENTUCKY | 2 | — | — |
| 4 | Loan Funder LLC | 1 | — | — |
| 5 | MORGANTOWN BANK & TRUST CO INC | 1 | — | — |
DSCR / long-term rental lenders in Logan 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
5 lenders reported short-term, business-purpose investment loans in Logan County in 2024 verified lending records — 17 loans totaling $3.2M. Smaller local lenders below public reporting thresholds may also operate here.
The median note rate across Logan County's active lenders was 8.25% in 2024, with per-lender medians ranging from 8.25% to 8.25%. 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.