Private & Hard Money Lenders in Monroe County, MS
4 lenders funded 37 short-term investment-property loans in Monroe County in 2024 at a median rate of 8.89%. Ranked by verified loan volume — not paid placement.
Monroe County hard money lenders by 2024 loan count
| # | Lender | Hard money loans | Median rate | DSCR loans |
|---|---|---|---|---|
| 1 | Community Bank of Mississippi | 23 | 8.60% | 21 |
| 2 | RENASANT BANK | 7 | 8.50% | 11 |
| 3 | Cadence Bank | 4 | 9.00% | — |
| 4 | BankFirst Financial Services | 3 | 8.89% | — |
DSCR / long-term rental lenders in Monroe 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
4 lenders reported short-term, business-purpose investment loans in Monroe County in 2024 verified lending records — 37 loans totaling $4.7M. Smaller local lenders below public reporting thresholds may also operate here.
The median note rate across Monroe County's active lenders was 8.89% in 2024, with per-lender medians ranging from 8.50% to 9.00%. 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.