Private & Hard Money Lenders in Somerset County, NJ
10 lenders funded 45 short-term investment-property loans in Somerset County in 2024 at a median rate of 11.25%. Ranked by verified loan volume — not paid placement.
Somerset County hard money lenders by 2024 loan count
| # | Lender | Hard money loans | Median rate | DSCR loans |
|---|---|---|---|---|
| 1 | KIAVI FUNDING, INC. | 16 | 10.95% | — |
| 2 | Loan Funder LLC | 12 | 11.25% | 7 |
| 3 | ABL RPC Residential Credit Acquisition LLC | 7 | 12.38% | — |
| 4 | TD Bank | 2 | — | 11 |
| 5 | Temple View Capital Funding LP | 2 | — | 1 |
| 6 | RPE Home, Inc | 2 | — | — |
| 7 | American Heritage Lending, LLC | 1 | — | 3 |
| 8 | US BANK, N.A. | 1 | — | 3 |
| 9 | Genesis Capital, LLC | 1 | — | — |
| 10 | Lument Structured Finance, LLC | 1 | — | — |
DSCR / long-term rental lenders in Somerset 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
10 lenders reported short-term, business-purpose investment loans in Somerset County in 2024 verified lending records — 45 loans totaling $101.2M. Smaller local lenders below public reporting thresholds may also operate here.
The median note rate across Somerset County's active lenders was 11.25% in 2024, with per-lender medians ranging from 10.95% to 12.38%. 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.