Indianapolis remains one of the top cash-flow markets in the Midwest for real estate investors. With a median home price hovering around $315,000 and a stable rental market, opportunities for “BRRRR” (Buy, Rehab, Rent, Refinance) and fix-and-flip projects are abundant.
However, in competitive neighborhoods like Broad Ripple or Fountain Square, speed is everything. Traditional banks can take 45 days to close—by then, the deal is gone.
Below is our curated directory of the best hard money lenders serving Marion County. These lenders specialize in speed, high leverage, and asset-based underwriting.
🏆 Featured Pick: New Silver
Best For: Instant Proof of Funds & Fast Closing
New Silver is a fintech-first lender that has revolutionized the hard money space. Their automated underwriting engine allows Indianapolis flippers to generate a Proof of Funds letter in minutes, not days.
- Rates: Starting at 9.75%
- Leverage: Up to 90% LTC (Loan-to-Cost)
- Speed: Closes in as little as 5 days
- Loan Types: Fix and Flip, Rent, Ground Up
Top 7 Hard Money Lenders in Indianapolis
Note: The following lenders are verified to lend in Indiana. We recommend comparing quotes from at least 3 lenders.
| Lender Name | Specialty | Est. Terms (2025) | Action |
| 1. New Silver (National Fintech) | Fastest Closing | Up to 90% LTC Rates from 10.25% | Check Rates » |
| 2. Easy Street Capital (Top for BRRRR) | DSCR / Rental | Up to 90% LTC Rates from 8.90% | (866) 828-0062 |
| 3. RCN Capital (National Direct) | Bridge & Rental | Up to 85% LTV Rates from 10.0% | (860) 432-5858 |
| 4. Rehab Financial (100% Financing) | 100% of Rehab Costs | Up to 70% ARV Rates from 10.99% | (610) 890-8512 |
| 5. Kiavi (Volume Flippers) | Experienced Investors | Up to 95% LTC Rates from 9.50% | (844) 415-4663 |
| 6. Lima One Capital (Institutional) | New Construction | Up to 90% LTC Rates from 9.99% | (800) 390-4212 |
| 7. Longhorn Investments (Direct Lender) | Quick Close | Up to 75% ARV Rates from 10.99% | (214) 420-7330 |
Rates and terms are estimated based on late 2025 market projections and borrower credit tier.
Frequently Asked Questions about Indianapolis Hard Money
What are current hard money rates in Indianapolis?
As of late 2025, most private lenders in Indiana are charging between 10% and 12% interest. Experienced investors with a track record of 3+ successful exits may qualify for rates in the high 9s, while beginners should expect 10-12%.
Does Indianapolis require a rental license for BRRRR investors?
Yes. Indianapolis has a Landlord Registration Program. If you are using a hard money loan to buy a property you intend to rent out (BRRRR strategy), ensure your lender allows for a “term conversion” into a DSCR rental loan once the rehab is complete.
Can I get 100% financing in Indiana?
It is rare to find 100% financing for the entire purchase price. However, lenders like Rehab Financial Group offer “100% of Rehab Costs” loans, provided you put a down payment on the purchase (usually 10-15%).
How fast can I close on a deal in Marion County?
While traditional mortgages take 30-45 days, the lenders in our directory can typically close in 5 to 10 business days, provided the title work is clear.
Ready to Fund Your Indy Flip?
Don’t let a slow approval cost you a profitable deal. Get a Proof of Funds letter today.