Private & Hard Money Lenders in Wayne County, MI
22 lenders funded 572 short-term investment-property loans in Wayne County in 2024 at a median rate of 11.45%. Ranked by verified loan volume — not paid placement.
Wayne County hard money lenders by 2024 loan count
| # | Lender | Hard money loans | Median rate | DSCR loans |
|---|---|---|---|---|
| 1 | KIAVI FUNDING, INC. | 310 | 11.25% | 252 |
| 2 | Loan Funder LLC | 128 | 11.25% | 87 |
| 3 | RPE Home, Inc | 27 | 11.50% | — |
| 4 | LendingOne LLC | 17 | 10.49% | 19 |
| 5 | LIMA ONE CAPITAL, LLC | 16 | 11.45% | 70 |
| 6 | VELOCITY COMMERCIAL CAPITAL LLC | 12 | 11.49% | 96 |
| 7 | Dominion Financial Services, LLC | 12 | 11.00% | 36 |
| 8 | RF Renovo Management Company, LLC | 11 | 11.50% | 12 |
| 9 | FIRST MERCHANTS BANK | 10 | 7.57% | 20 |
| 10 | Merchants Mortgage & Trust Corporation | 9 | 12.50% | — |
| 11 | Secured Investment Corp | 6 | 14.49% | — |
| 12 | Michigan Schools and Governmen | 2 | — | 6 |
| 13 | Temple View Capital Funding LP | 2 | — | 2 |
| 14 | COMMUNITY FINANCIAL | 2 | — | — |
| 15 | BPL Mortgage, LLC | 1 | — | 200 |
| 16 | Independent Bank | 1 | — | 28 |
| 17 | GENISYS CREDIT UNION | 1 | — | 12 |
| 18 | DFCU FINANCIAL | 1 | — | 2 |
| 19 | Hometown Equity Mortgage, LLC | 1 | — | 2 |
| 20 | ABL RPC Residential Credit Acquisition LLC | 1 | — | 1 |
| 21 | Conventus Lending LLC | 1 | — | 1 |
| 22 | ORIGIN BANK | 1 | — | — |
DSCR / long-term rental lenders in Wayne 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
22 lenders reported short-term, business-purpose investment loans in Wayne County in 2024 verified lending records — 572 loans totaling $111.0M. Smaller local lenders below public reporting thresholds may also operate here.
The median note rate across Wayne County's active lenders was 11.45% in 2024, with per-lender medians ranging from 7.57% to 14.49%. 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.