Private & Hard Money Lenders in Michigan
60 lenders funded 1,183 short-term investment-property loans ($639M) across Michigan in 2024, at a median note rate of 11.00%. Ranked by verified loan volume — not paid placement.
Top 10 hard money lenders in Michigan by 2024 loan count
| # | Lender | Hard money loans | Median rate |
|---|---|---|---|
| 1 | KIAVI FUNDING, INC. | 622 | 11.49% |
| 2 | Loan Funder LLC | 170 | 11.25% |
| 3 | RPE Home, Inc | 60 | 13.00% |
| 4 | LIMA ONE CAPITAL, LLC | 46 | 11.45% |
| 5 | Dominion Financial Services, LLC | 31 | 11.00% |
| 6 | LendingOne LLC | 23 | 10.49% |
| 7 | FIRST MERCHANTS BANK | 22 | 7.57% |
| 8 | Merchants Mortgage & Trust Corporation | 20 | 10.50% |
| 9 | RF Renovo Management Company, LLC | 19 | 11.50% |
| 10 | VELOCITY COMMERCIAL CAPITAL LLC | 14 | 11.49% |
Michigan hard money lending by county
Counties with at least 3 active lenders have a full directory page.
Limited 2024 activity (1–2 reporting lenders): Barry County, Lenawee County, Hillsdale County, Branch County, Alpena County, Chippewa County, Ionia County, Marquette County, Mecosta County, Menominee County, Oscoda County, Sanilac County, Alger County, Antrim County, Baraga County, Benzie County, Charlevoix County, Clare County, Clinton County, Gogebic County, Iosco County, Oceana County, Ontonagon County, Shiawassee County, Van Buren County. These counties are typically served by the statewide lenders above.