Private & Hard Money Lenders in Lackawanna County, PA
13 lenders funded 68 short-term investment-property loans in Lackawanna County in 2024 at a median rate of 11.25%. Ranked by verified loan volume — not paid placement.
Lackawanna County hard money lenders by 2024 loan count
| # | Lender | Hard money loans | Median rate | DSCR loans |
|---|---|---|---|---|
| 1 | KIAVI FUNDING, INC. | 28 | 11.25% | 9 |
| 2 | Loan Funder LLC | 17 | 11.25% | 55 |
| 3 | Peoples Security Bank and Trust Company | 5 | 8.50% | 46 |
| 4 | WAYNE BANK | 3 | 8.00% | 9 |
| 5 | BPL Mortgage, LLC | 2 | — | 22 |
| 6 | THE HONESDALE NATIONAL BANK | 2 | — | 22 |
| 7 | First Keystone Community Bank | 2 | — | 8 |
| 8 | VELOCITY COMMERCIAL CAPITAL LLC | 2 | — | 8 |
| 9 | PLANET MANAGMENT GROUP, LLC | 2 | — | — |
| 10 | RPE Home, Inc | 2 | — | — |
| 11 | Fidelity Deposit & Discount Bank | 1 | — | 9 |
| 12 | LUZERNE BANK | 1 | — | 7 |
| 13 | Easy Street Capital LLC | 1 | — | — |
DSCR / long-term rental lenders in Lackawanna 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
13 lenders reported short-term, business-purpose investment loans in Lackawanna County in 2024 verified lending records — 68 loans totaling $15.5M. Smaller local lenders below public reporting thresholds may also operate here.
The median note rate across Lackawanna County's active lenders was 11.25% in 2024, with per-lender medians ranging from 8.00% to 11.25%. 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.