Private & Hard Money Lenders in Dane County, WI
22 lenders funded 86 short-term investment-property loans in Dane County in 2024 at a median rate of 7.75%. Ranked by verified loan volume — not paid placement.
Dane County hard money lenders by 2024 loan count
| # | Lender | Hard money loans | Median rate | DSCR loans |
|---|---|---|---|---|
| 1 | ONE COMMUNITY BANK | 23 | 7.95% | 18 |
| 2 | Lake Ridge Bank | 11 | 8.50% | 16 |
| 3 | The Park Bank | 9 | 7.75% | 12 |
| 4 | Heartland Credit Union | 8 | 6.50% | 9 |
| 5 | THE BANK OF NEW GLARUS | 8 | 7.75% | 7 |
| 6 | THE GREENWOOD'S STATE BANK | 5 | 6.38% | 1 |
| 7 | Starion Bank | 4 | 8.50% | 10 |
| 8 | Summit Credit Union | 2 | — | 11 |
| 9 | JOHNSON BANK | 2 | — | 9 |
| 10 | HORICON BANK | 2 | — | — |
| 11 | Landmark Credit Union | 1 | — | 20 |
| 12 | Old National Bank | 1 | — | 10 |
| 13 | WINGS FINANCIAL CREDIT UNION | 1 | — | 8 |
| 14 | UW CREDIT UNION | 1 | — | 7 |
| 15 | Associated Bank NA | 1 | — | 1 |
| 16 | BANK FIRST N.A. | 1 | — | 1 |
| 17 | CAPITAL CREDIT UNION | 1 | — | — |
| 18 | Dominion Financial Services, LLC | 1 | — | — |
| 19 | Genesis Capital, LLC | 1 | — | — |
| 20 | KIAVI FUNDING, INC. | 1 | — | — |
| 21 | Merchants Bank of Indiana | 1 | — | — |
| 22 | Thompson Kane & Company, Inc | 1 | — | — |
DSCR / long-term rental lenders in Dane 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
22 lenders reported short-term, business-purpose investment loans in Dane County in 2024 verified lending records — 86 loans totaling $135.7M. Smaller local lenders below public reporting thresholds may also operate here.
The median note rate across Dane County's active lenders was 7.75% in 2024, with per-lender medians ranging from 6.38% to 8.50%. 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.