Private & Hard Money Lenders in Washtenaw County, MI
9 lenders funded 38 short-term investment-property loans in Washtenaw County in 2024 at a median rate of 11.80%. Ranked by verified loan volume — not paid placement.
Washtenaw County hard money lenders by 2024 loan count
| # | Lender | Hard money loans | Median rate | DSCR loans |
|---|---|---|---|---|
| 1 | KIAVI FUNDING, INC. | 14 | 11.99% | 5 |
| 2 | LIMA ONE CAPITAL, LLC | 8 | 11.80% | 3 |
| 3 | Old National Bank | 7 | 8.50% | 17 |
| 4 | Loan Funder LLC | 3 | 11.25% | — |
| 5 | FIRST MERCHANTS BANK | 2 | — | 5 |
| 6 | CREDIT UNION ONE | 1 | — | 5 |
| 7 | LendingOne LLC | 1 | — | 1 |
| 8 | RPE Home, Inc | 1 | — | — |
| 9 | The Farmers & Merchants State Bank | 1 | — | — |
DSCR / long-term rental lenders in Washtenaw 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 Washtenaw County in 2024 verified lending records — 38 loans totaling $20.4M. Smaller local lenders below public reporting thresholds may also operate here.
The median note rate across Washtenaw County's active lenders was 11.80% in 2024, with per-lender medians ranging from 8.50% to 11.99%. 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.