Private & Hard Money Lenders in Olmsted County, MN
5 lenders funded 9 short-term investment-property loans in Olmsted County in 2024 at a median rate of 9.95%. Ranked by verified loan volume — not paid placement.
Olmsted County hard money lenders by 2024 loan count
| # | Lender | Hard money loans | Median rate | DSCR loans |
|---|---|---|---|---|
| 1 | KIAVI FUNDING, INC. | 4 | 9.95% | — |
| 2 | FRANDSEN BANK & TRUST | 2 | — | 11 |
| 3 | First Alliance Credit Union | 1 | — | 17 |
| 4 | THINK MUTUAL BANK | 1 | — | 7 |
| 5 | Bremer Bank NA | 1 | — | 5 |
DSCR / long-term rental lenders in Olmsted 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
5 lenders reported short-term, business-purpose investment loans in Olmsted County in 2024 verified lending records — 9 loans totaling $23.7M. Smaller local lenders below public reporting thresholds may also operate here.
The median note rate across Olmsted County's active lenders was 9.95% in 2024. 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.