Private & Hard Money Lenders in Cole County, MO
6 lenders funded 70 short-term investment-property loans in Cole County in 2024 at a median rate of 8.00%. Ranked by verified loan volume — not paid placement.
Cole County hard money lenders by 2024 loan count
| # | Lender | Hard money loans | Median rate | DSCR loans |
|---|---|---|---|---|
| 1 | THE CENTRAL TRUST BANK | 55 | 8.00% | 23 |
| 2 | SULLIVAN BANK | 6 | 7.75% | 4 |
| 3 | HAWTHORN BANK | 3 | 8.50% | 6 |
| 4 | FIRST STATE COMMUNITY BANK | 3 | 8.00% | — |
| 5 | First Mid Bank and Trust, NA | 2 | — | — |
| 6 | GREAT SOUTHERN BANK | 1 | — | 1 |
DSCR / long-term rental lenders in Cole 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
6 lenders reported short-term, business-purpose investment loans in Cole County in 2024 verified lending records — 70 loans totaling $13.7M. Smaller local lenders below public reporting thresholds may also operate here.
The median note rate across Cole County's active lenders was 8.00% in 2024, with per-lender medians ranging from 7.75% to 8.50%. 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.