Private & Hard Money Lenders in Ramsey County, MN
17 lenders funded 64 short-term investment-property loans in Ramsey County in 2024 at a median rate of 10.45%. Ranked by verified loan volume — not paid placement.
Ramsey County hard money lenders by 2024 loan count
| # | Lender | Hard money loans | Median rate | DSCR loans |
|---|---|---|---|---|
| 1 | KIAVI FUNDING, INC. | 31 | 10.45% | 2 |
| 2 | RF Renovo Management Company, LLC | 6 | 9.50% | — |
| 3 | CCM FINANCE, LLC | 5 | 12.50% | — |
| 4 | RPE Home, Inc | 4 | 11.00% | — |
| 5 | Merchants Bank of Indiana | 3 | 7.31% | — |
| 6 | MIDWESTONE BANK | 2 | — | 4 |
| 7 | BPL Mortgage, LLC | 2 | — | 3 |
| 8 | First Bank & Trust | 2 | — | 1 |
| 9 | Old National Bank | 1 | — | 14 |
| 10 | ROYAL CREDIT UNION | 1 | — | 9 |
| 11 | ALERUS FINANCIAL NA | 1 | — | 8 |
| 12 | Granite Bank | 1 | — | 4 |
| 13 | LendingOne LLC | 1 | — | 1 |
| 14 | LIMA ONE CAPITAL, LLC | 1 | — | 1 |
| 15 | Merchants Bank, National Association | 1 | — | 1 |
| 16 | TRUSTONE FINANCIAL CREDIT UNION | 1 | — | 1 |
| 17 | Nationwide Life Insurance Company | 1 | — | — |
DSCR / long-term rental lenders in Ramsey 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
17 lenders reported short-term, business-purpose investment loans in Ramsey County in 2024 verified lending records — 64 loans totaling $102.1M. Smaller local lenders below public reporting thresholds may also operate here.
The median note rate across Ramsey County's active lenders was 10.45% in 2024, with per-lender medians ranging from 7.31% to 12.50%. 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.