Private & Hard Money Lenders in Portage County, WI
8 lenders funded 15 short-term investment-property loans in Portage County in 2024 at a median rate of 7.63%. Ranked by verified loan volume — not paid placement.
Portage County hard money lenders by 2024 loan count
| # | Lender | Hard money loans | Median rate | DSCR loans |
|---|---|---|---|---|
| 1 | Nicolet National Bank | 5 | 7.63% | 1 |
| 2 | SIMPLICITY CREDIT UNION | 4 | 7.00% | 5 |
| 3 | COVANTAGE CREDIT UNION | 1 | — | 3 |
| 4 | Peoples State Bank | 1 | — | 3 |
| 5 | PREVAIL BANK | 1 | — | 2 |
| 6 | Incrediblebank | 1 | — | 1 |
| 7 | KIAVI FUNDING, INC. | 1 | — | — |
| 8 | ONE COMMUNITY BANK | 1 | — | — |
DSCR / long-term rental lenders in Portage 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
8 lenders reported short-term, business-purpose investment loans in Portage County in 2024 verified lending records — 15 loans totaling $4.1M. Smaller local lenders below public reporting thresholds may also operate here.
The median note rate across Portage County's active lenders was 7.63% in 2024, with per-lender medians ranging from 7.00% to 7.63%. 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.