Private & Hard Money Lenders in Sullivan County, TN
9 lenders funded 22 short-term investment-property loans in Sullivan County in 2024 at a median rate of 9.00%. Ranked by verified loan volume — not paid placement.
Sullivan County hard money lenders by 2024 loan count
| # | Lender | Hard money loans | Median rate | DSCR loans |
|---|---|---|---|---|
| 1 | KIAVI FUNDING, INC. | 8 | 11.25% | 1 |
| 2 | THE FIRST BANK & TRUST COMPANY | 4 | 8.75% | 14 |
| 3 | RENASANT BANK | 3 | 9.00% | 7 |
| 4 | Loan Funder LLC | 2 | — | 1 |
| 5 | BANK OF TENNESSEE | 1 | — | 8 |
| 6 | New Peoples Bank, Inc | 1 | — | 6 |
| 7 | BPL Mortgage, LLC | 1 | — | 2 |
| 8 | CONSUMER CREDIT UNION | 1 | — | 2 |
| 9 | LIMA ONE CAPITAL, LLC | 1 | — | — |
DSCR / long-term rental lenders in Sullivan 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
9 lenders reported short-term, business-purpose investment loans in Sullivan County in 2024 verified lending records — 22 loans totaling $4.7M. Smaller local lenders below public reporting thresholds may also operate here.
The median note rate across Sullivan County's active lenders was 9.00% in 2024, with per-lender medians ranging from 8.75% 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.