Private & Hard Money Lenders in Washington County, TN
5 lenders funded 19 short-term investment-property loans in Washington County in 2024 at a median rate of 8.75%. Ranked by verified loan volume — not paid placement.
Washington County hard money lenders by 2024 loan count
| # | Lender | Hard money loans | Median rate | DSCR loans |
|---|---|---|---|---|
| 1 | RENASANT BANK | 6 | 8.65% | 11 |
| 2 | CONSUMER CREDIT UNION | 6 | 7.75% | 4 |
| 3 | THE FIRST BANK & TRUST COMPANY | 3 | 8.75% | 6 |
| 4 | KIAVI FUNDING, INC. | 3 | 11.25% | — |
| 5 | New Peoples Bank, Inc | 1 | — | — |
DSCR / long-term rental lenders in Washington 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
5 lenders reported short-term, business-purpose investment loans in Washington County in 2024 verified lending records — 19 loans totaling $5.4M. Smaller local lenders below public reporting thresholds may also operate here.
The median note rate across Washington County's active lenders was 8.75% in 2024, with per-lender medians ranging from 7.75% 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.