Private & Hard Money Lenders in Roanoke city, VA
9 lenders funded 34 short-term investment-property loans in Roanoke city in 2024 at a median rate of 11.45%. Ranked by verified loan volume — not paid placement.
Roanoke city hard money lenders by 2024 loan count
| # | Lender | Hard money loans | Median rate | DSCR loans |
|---|---|---|---|---|
| 1 | KIAVI FUNDING, INC. | 15 | 11.45% | — |
| 2 | Merchants Mortgage & Trust Corporation | 7 | 10.50% | 2 |
| 3 | LendingOne LLC | 4 | 10.24% | 16 |
| 4 | Loan Funder LLC | 3 | 12.00% | 1 |
| 5 | CNB Bank | 1 | — | 2 |
| 6 | LIMA ONE CAPITAL, LLC | 1 | — | 2 |
| 7 | THE FIRST BANK & TRUST COMPANY | 1 | — | 2 |
| 8 | BURKE & HERBERT BK & TR CO | 1 | — | — |
| 9 | Strategic Funding, LP | 1 | — | — |
DSCR / long-term rental lenders in Roanoke 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
9 lenders reported short-term, business-purpose investment loans in Roanoke city in 2024 verified lending records — 34 loans totaling $5.4M. Smaller local lenders below public reporting thresholds may also operate here.
The median note rate across Roanoke city's active lenders was 11.45% in 2024, with per-lender medians ranging from 10.24% 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.