Private & Hard Money Lenders in Lucas County, OH
14 lenders funded 66 short-term investment-property loans in Lucas County in 2024 at a median rate of 10.75%. Ranked by verified loan volume — not paid placement.
Lucas County hard money lenders by 2024 loan count
| # | Lender | Hard money loans | Median rate | DSCR loans |
|---|---|---|---|---|
| 1 | Loan Funder LLC | 22 | 10.50% | 16 |
| 2 | KIAVI FUNDING, INC. | 21 | 10.75% | 11 |
| 3 | The Farmers & Merchants State Bank | 4 | 9.50% | 10 |
| 4 | FIRST MERCHANTS BANK | 3 | 8.75% | 11 |
| 5 | LIMA ONE CAPITAL, LLC | 3 | 10.95% | 10 |
| 6 | RPE Home, Inc | 3 | 11.50% | — |
| 7 | Easy Street Capital LLC | 2 | — | — |
| 8 | Hilton Financial Corporation | 2 | — | — |
| 9 | THE STATE BANK & TRUST COMPANY | 1 | — | 12 |
| 10 | THE CITIZENS NATIONAL BANK | 1 | — | 10 |
| 11 | SUPERIOR CREDIT UNION, INC. | 1 | — | 6 |
| 12 | LendingOne LLC | 1 | — | 1 |
| 13 | Merchants Mortgage & Trust Corporation | 1 | — | — |
| 14 | Secured Investment Corp | 1 | — | — |
DSCR / long-term rental lenders in Lucas 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 Lucas County in 2024 verified lending records — 66 loans totaling $9.4M. Smaller local lenders below public reporting thresholds may also operate here.
The median note rate across Lucas County's active lenders was 10.75% in 2024, with per-lender medians ranging from 8.75% to 11.50%. 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.