Private & Hard Money Lenders in Danville city, VA
7 lenders funded 35 short-term investment-property loans in Danville city in 2024 at a median rate of 13.50%. Ranked by verified loan volume — not paid placement.
Danville city hard money lenders by 2024 loan count
| # | Lender | Hard money loans | Median rate | DSCR loans |
|---|---|---|---|---|
| 1 | Strategic Funding, LP | 20 | 13.50% | — |
| 2 | KIAVI FUNDING, INC. | 8 | 10.65% | 2 |
| 3 | First Ciitizens Bank and Trust | 2 | — | 2 |
| 4 | Easy Street Capital LLC | 2 | — | — |
| 5 | Atlantic Union Bank | 1 | — | 5 |
| 6 | Loan Funder LLC | 1 | — | 3 |
| 7 | RPE Home, Inc | 1 | — | — |
DSCR / long-term rental lenders in Danville city
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
7 lenders reported short-term, business-purpose investment loans in Danville city in 2024 verified lending records — 35 loans totaling $4.5M. Smaller local lenders below public reporting thresholds may also operate here.
The median note rate across Danville city's active lenders was 13.50% in 2024, with per-lender medians ranging from 10.65% to 13.50%. 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.