Private & Hard Money Lenders in Hanover County, VA
5 lenders funded 16 short-term investment-property loans in Hanover County in 2024 at a median rate of 9.25%. Ranked by verified loan volume — not paid placement.
Hanover County hard money lenders by 2024 loan count
| # | Lender | Hard money loans | Median rate | DSCR loans |
|---|---|---|---|---|
| 1 | Village Bank | 6 | 5.50% | 2 |
| 2 | KIAVI FUNDING, INC. | 4 | 11.95% | 1 |
| 3 | UNITED BANK | 3 | 9.25% | 1 |
| 4 | TowneBank | 2 | — | — |
| 5 | Carter Bank and Trust | 1 | — | — |
DSCR / long-term rental lenders in Hanover 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 Hanover County in 2024 verified lending records — 16 loans totaling $4.6M. Smaller local lenders below public reporting thresholds may also operate here.
The median note rate across Hanover County's active lenders was 9.25% in 2024, with per-lender medians ranging from 5.50% to 11.95%. 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.