Private & Hard Money Lenders in Madison County, KY
9 lenders funded 18 short-term investment-property loans in Madison County in 2024 at a median rate of 7.99%. Ranked by verified loan volume — not paid placement.
Madison County hard money lenders by 2024 loan count
| # | Lender | Hard money loans | Median rate | DSCR loans |
|---|---|---|---|---|
| 1 | WHITAKER BANK INC | 4 | 7.75% | 27 |
| 2 | Community Trust Bank, Inc. | 3 | 8.50% | 6 |
| 3 | FIRST SOUTHERN NATIONAL BANK | 3 | 7.99% | 5 |
| 4 | UNIVERSITY OF KY FCU | 2 | — | 5 |
| 5 | Traditional Bank Inc | 2 | — | 3 |
| 6 | STOCK YARDS BANK & TRUST COMPANY | 1 | — | 13 |
| 7 | MAGNOLIA BANK | 1 | — | 2 |
| 8 | MM Lending, LLC | 1 | — | — |
| 9 | PARK COMMUNITY CREDIT UNION | 1 | — | — |
DSCR / long-term rental lenders in Madison 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 Madison County in 2024 verified lending records — 18 loans totaling $16.0M. Smaller local lenders below public reporting thresholds may also operate here.
The median note rate across Madison County's active lenders was 7.99% in 2024, with per-lender medians ranging from 7.75% to 8.50%. 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.