Private & Hard Money Lenders in Erie County, NY
14 lenders funded 58 short-term investment-property loans in Erie County in 2024 at a median rate of 11.99%. Ranked by verified loan volume — not paid placement.
Erie County hard money lenders by 2024 loan count
| # | Lender | Hard money loans | Median rate | DSCR loans |
|---|---|---|---|---|
| 1 | KIAVI FUNDING, INC. | 20 | 11.25% | 11 |
| 2 | Loan Funder LLC | 16 | 11.25% | 13 |
| 3 | LendingOne LLC | 4 | 11.99% | 9 |
| 4 | Ice Lender Holdings LLC | 3 | 12.50% | 3 |
| 5 | Hometown Funding, INC. D/B/A CNB Mortgage Company | 3 | 7.50% | — |
| 6 | Temple View Capital Funding LP | 3 | 12.00% | — |
| 7 | RPE Home, Inc | 2 | — | — |
| 8 | VELOCITY COMMERCIAL CAPITAL LLC | 1 | — | 28 |
| 9 | Cornerstone Community FCU | 1 | — | 21 |
| 10 | Five Star Bank | 1 | — | 21 |
| 11 | Tompkins Community Bank | 1 | — | 21 |
| 12 | Northwest Bank | 1 | — | 17 |
| 13 | LIMA ONE CAPITAL, LLC | 1 | — | 13 |
| 14 | CNB Bank | 1 | — | 6 |
DSCR / long-term rental lenders in Erie 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
14 lenders reported short-term, business-purpose investment loans in Erie County in 2024 verified lending records — 58 loans totaling $33.5M. Smaller local lenders below public reporting thresholds may also operate here.
The median note rate across Erie County's active lenders was 11.99% in 2024, with per-lender medians ranging from 7.50% 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.