Private & Hard Money Lenders in Shelby County, TN
32 lenders funded 269 short-term investment-property loans in Shelby County in 2024 at a median rate of 9.00%. Ranked by verified loan volume — not paid placement.
Shelby County hard money lenders by 2024 loan count
| # | Lender | Hard money loans | Median rate | DSCR loans |
|---|---|---|---|---|
| 1 | KIAVI FUNDING, INC. | 139 | 10.70% | 148 |
| 2 | Community Bank of Mississippi | 24 | 8.65% | 35 |
| 3 | Loan Funder LLC | 22 | 11.50% | 69 |
| 4 | Cadence Bank | 15 | 9.00% | 21 |
| 5 | SIMMONS BANK | 14 | 8.65% | 13 |
| 6 | Planters Bank and Trust Company | 6 | 8.50% | 26 |
| 7 | LendingOne LLC | 4 | 11.50% | 24 |
| 8 | FIRST CITIZENS NATIONAL BANK | 4 | 9.00% | 6 |
| 9 | RENASANT BANK | 3 | 8.50% | 64 |
| 10 | Evolve Bank & Trust | 3 | 7.25% | 53 |
| 11 | American Heritage Lending, LLC | 3 | 11.25% | 43 |
| 12 | PATRIOT BANK | 3 | 8.50% | 39 |
| 13 | Temple View Capital Funding LP | 3 | 10.50% | 4 |
| 14 | RPE Home, Inc | 3 | 12.00% | — |
| 15 | LIMA ONE CAPITAL, LLC | 2 | — | 71 |
| 16 | Dominion Financial Services, LLC | 2 | — | 7 |
| 17 | SOUTHERN BANCORP BANK | 2 | — | 5 |
| 18 | BANKPLUS | 2 | — | — |
| 19 | Easy Street Capital LLC | 2 | — | — |
| 20 | Financial Federal Bank | 1 | — | 60 |
| 21 | THE BANK OF FAYETTE COUNTY | 1 | — | 18 |
| 22 | VELOCITY COMMERCIAL CAPITAL LLC | 1 | — | 18 |
| 23 | Independent Bank | 1 | — | 15 |
| 24 | TRUSTMARK NATIONAL BANK | 1 | — | 7 |
| 25 | FIRSTBANK | 1 | — | 5 |
| 26 | Bank Independent | 1 | — | — |
| 27 | BankFirst Financial Services | 1 | — | — |
| 28 | Conventus Lending LLC | 1 | — | — |
| 29 | First Community Bank | 1 | — | — |
| 30 | Merchants Bank of Indiana | 1 | — | — |
| 31 | RF Renovo Management Company, LLC | 1 | — | — |
| 32 | Southern Bank | 1 | — | — |
DSCR / long-term rental lenders in Shelby 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
32 lenders reported short-term, business-purpose investment loans in Shelby County in 2024 verified lending records — 269 loans totaling $74.6M. Smaller local lenders below public reporting thresholds may also operate here.
The median note rate across Shelby County's active lenders was 9.00% in 2024, with per-lender medians ranging from 7.25% to 12.00%. 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.