Private & Hard Money Lenders in Rapides Parish, LA
4 lenders funded 33 short-term investment-property loans in Rapides Parish in 2024 at a median rate of 8.25%. Ranked by verified loan volume — not paid placement.
Rapides Parish hard money lenders by 2024 loan count
| # | Lender | Hard money loans | Median rate | DSCR loans |
|---|---|---|---|---|
| 1 | Evangeline Bank & Trust Company | 20 | 8.25% | 38 |
| 2 | Red River Bank | 6 | 8.25% | 29 |
| 3 | Cadence Bank | 5 | 9.00% | 3 |
| 4 | LIMA ONE CAPITAL, LLC | 2 | — | 1 |
DSCR / long-term rental lenders in Rapides Parish
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
4 lenders reported short-term, business-purpose investment loans in Rapides Parish in 2024 verified lending records — 33 loans totaling $15.1M. Smaller local lenders below public reporting thresholds may also operate here.
The median note rate across Rapides Parish's active lenders was 8.25% in 2024, with per-lender medians ranging from 8.25% to 9.00%. 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.