Private & Hard Money Lenders in Ottawa County, MI
8 lenders funded 23 short-term investment-property loans in Ottawa County in 2024 at a median rate of 11.49%. Ranked by verified loan volume — not paid placement.
Ottawa County hard money lenders by 2024 loan count
| # | Lender | Hard money loans | Median rate | DSCR loans |
|---|---|---|---|---|
| 1 | KIAVI FUNDING, INC. | 12 | 11.49% | — |
| 2 | ChoiceOne Bank | 3 | 7.50% | 2 |
| 3 | Merchants Bank of Indiana | 2 | — | — |
| 4 | Nicolet National Bank | 2 | — | — |
| 5 | ABL RPC Residential Credit Acquisition LLC | 1 | — | — |
| 6 | Conventus Lending LLC | 1 | — | — |
| 7 | LIMA ONE CAPITAL, LLC | 1 | — | — |
| 8 | RPE Home, Inc | 1 | — | — |
DSCR / long-term rental lenders in Ottawa 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
8 lenders reported short-term, business-purpose investment loans in Ottawa County in 2024 verified lending records — 23 loans totaling $45.8M. Smaller local lenders below public reporting thresholds may also operate here.
The median note rate across Ottawa County's active lenders was 11.49% in 2024, with per-lender medians ranging from 7.50% to 11.49%. 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.