Hard Money Lenders Indiana
Get approved in less than 5 minutes with instant term sheet + proof of funds
Fast Indiana Hard Money Loans
Ready to close in less than a week
- Interest rates 9.25 – 11.25%
- Credit score 650+
- Loan-to-Cost Up to 90%
- No income verification
- Get approved online in 5 minutes
- Instant proof of funds letter
- Interest only payments

Need financing for your upcoming real estate project? Get approved for a hard money loan in 5 minutes using our online application
Need funding fast? Look no further than New Silver. New Silver has the perfect selection hard money loans for property investors in Indiana.
New Silver has a variety of different hard money loan products available to suit the needs of any property investor. Run by a team of experienced real estate professionals, our loans are ideal for real estate investors in IN.
Loan Programs
Fix & Flip
For house flippers hoping to purchase a fixer upper to renovate and resell in Indiana. Interest rates from 9.25 – 11.25%, Loan-To-Cost up to 90%, with loan terms up to up to 18 months. Hard Money Refinance Loans also available.
- Get up to $5,000,000
- Interest rate 9.25 – 11.25%
- Origination fee from 1.25 - 1.75%
- Up to 100% construction
Rent
30-year rental loans for stabilized rental properties. Ideal for investors hoping to acquire an investment property. Interest rates from 6.5, loan-to-purchase price up to 80%. Built for buy and hold investors that purchase rental properties.
- Get up to $3,000,000
- Interest rate 6.5
- Origination fee 0 - 2%
- 30-year fixed rate
Ground Up
Designed for residential builders, our ground up construction loans can finance up to 90% Loan-to-Cost (LTC). Interest Rates from 10.5 to 11.5%
The perfect solution for builders in Indiana that need quick access to capital to fund construction costs.
- Get up to $5,000,000
- Interest rate 10.5 - 11.5%
- Origination fee from 1.5 - 2%
- Up to 18 months
Recently Funded In Indiana

$127,500
Cedar Lake, IN

$136,500
East Chicago, IN

$106,250
East Chicago, IN

$112,500
East Chicago, IN

$130,500
East Chicago, IN

$113,050
Hammond, IN

$206,250
Hammond, IN

$187,500
Hammond, IN

$150,000
Hammond, IN

$156,000
Hammond, IN
Indiana House Market Overview
Average Home Value
$250,392
1-Year Home Appreciation
4.0%
Average
1 Bedroom Rent
$1,098/month
Average 3 Bedroom Rent
$1,571/month
Strategic Opportunities in Indiana’s Real Estate Market: Indiana’s real estate landscape in 2025 presents a compelling case for investors seeking both affordability and growth. With an average home value of $250,392, properties are priced below the national average, providing a lower barrier to entry. The state’s 4.0% year-over-year appreciation indicates a stable market with potential for long-term gains.
Rental Market Dynamics: The rental market in Indiana remains robust, with average rents for one-bedroom apartments at $1,098 and three-bedroom units at $1,571. These figures suggest strong demand for rental properties, offering investors opportunities for steady cash flow.
Strategic Investment Considerations: Investors should focus on markets with strong economic fundamentals and population growth. Cities like Indianapolis and its surrounding suburbs continue to attract residents and businesses, supporting both property appreciation and rental income potential. Identifying undervalued properties in these areas can yield significant returns, especially when combined with value-add strategies such as renovations or repositioning.
Real Estate Investing Hot Spots In Indiana
Indianapolis continues to be a top choice for real estate investors, ranking as the second hottest housing market in the U.S. for 2025. The city’s strong job growth, relative affordability, and robust demand contribute to its appeal. Investors can find opportunities in both residential and commercial properties, with neighborhoods like Fountain Square and Broad Ripple offering promising returns.
Fort Wayne has emerged as a leading market, offering homes priced below $200,000. The city’s balanced market leans towards sellers, with strong demand for affordable homes often resulting in multiple offers. Key industries such as healthcare, e-commerce, and manufacturing support the local economy, making it an attractive option for buy-and-hold investors.
Indiana Real Estate Investor Associations
- Central Indiana REIA Club
- Indiana State Real Estate Investors Association
- Michiana Rental Association
- REIA of North Central Indiana, Inc
Resources Used In This Post
Zillow | Apartments.com | Axios | NY Post | Clever
Reasons to Fund Your Investment Property with New Silver
It doesn’t matter if you are a buy and hold investor or a house flipping specialist. New Silver is one of the highest-rated Indiana hard money lenders, with a selection of real estate loans perfectly matched to meet your real estate investing needs. Unlike a conventional mortgage which can take ages to complete, our hard money loans can be approved online in less than 5 minutes, with an instant proof of funds letter to help real estate investors secure the purchase. We are ready to help you purchase investment properties with fast closing hard money loans.

Yes. New Silver is both a hard money lender and private money lender specializing in asset-based financing for real estate investors across the U.S. This makes us an excellent option for investors who need quick access to capital – with instant term sheets, competitive rates, and, most importantly, fast closings that typically happen within 5 to 7 business days.
New Silver offers a variety of loan terms to suit different real estate investing strategies in Indiana, including:
- Short-term fix and flip loans with durations typically between up to 18 months.
- 30 rental property loans for long-term investment stability.
- Construction loans structured around your development timeline, typically 18 months.
These terms allow real estate investors to match financing to their strategy—whether that’s a quick resale or long-term cash flow.
New Silver provides ground-up construction loans for real estate investors and developers building Residential 1-4 units, condos, townhomes in Indiana. We fund projects up to $5,000,000, with terms tailored to construction timelines. These loans are ideal for single-family residential builds that need reliable capital from start to finish.
New Silver offers short-term bridge financing through our fix and flip loan program. These loans have terms of up to 18 months and are ideal for real estate investors who need immediate funding to purchase and improve properties before resale.
Interest rates on hard money loans are higher than traditional mortgages because of the increased risk and speed involved. These loans are used for investment properties that need renovation, quick closing timelines, or flexible qualification—situations traditional lenders usually avoid.
Hard money loans are asset-based, meaning the property’s value drives the approval and serves as collateral for the loan. Since they’re short-term and fund riskier projects, the higher interest compensates for that risk. In return, investors gain access to fast, flexible capital that can help them act on time-sensitive opportunities and scale their portfolio faster.
Origination fees for New Silver loans typically range between 1.25 - 1.75%. Monthly payments on short-term loans are interest-only, reducing cash flow strain during renovations. For an accurate estimate, we recommend using our Hard Money Loan Calculator to preview fees and monthly costs.
Credit scores are part of our evaluation process, but they’re not the primary factor. Unlike traditional lenders, New Silver focuses on the asset and overall deal strength. A lower credit score may still qualify if the investment opportunity is strong.
New Silver offers a range of loan products designed for real estate investors in Indiana, including:
Each product is tailored for specific investment strategies, whether you’re renovating, holding, or building.
New Silver specializes in residential investment properties up to 4 units. We do not currently fund commercial properties with more than 4 units. However, we have partners we can refer you to if your project exceeds our scope.
We offer a DSCR-based 30-year rental property loan.This loan qualifies largely based on the income generated by the investment property, with a minimum DSCR requirement of 0.75. It’s ideal for buy-and-hold investors who want long-term financing in Indiana.
Where We Lend
Hard Money Loans Across The US
- Alabama
- Alaska
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- Connecticut
- Delaware
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
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- Kentucky
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- Maine
- Maryland
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- Mississippi
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- New Hampshire
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- New York
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- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- Washington DC
- West Virginia
- Wisconsin
- Wyoming
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