Illinois Construction Lenders for Residential Real Estate

A list of private construction lenders for Illinois home builders to finance residential ground-up construction projects - SFR, condo, townhomes. Most lenders will require the project to be fully entitled and shovel ready. A small percentage of lenders will consider land acquisition and/or land development financing.
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Park Place Finance

Nationwide Direct Private Lender for Residential Real Estate Investors

$100,000 - $2,500,000
12 to 23 months
9.99% - 12.99%
1.50% - 3.00%
HouseMax Funding

Hard Money Loans to Fund Your Next Big Project

$75,000 - $7,000,000
12 to 360 months
7.00% - 12.99%
1.00% - 4.00%
RCN Capital

Direct Lender for Residential Fix & Flip, Long-Term Rental, Bridge Loans

$75,000 - $10,000,000
12 to 360 months
8.00% - 13.00%
2.00% - 5.00%
Rehab Financial Group

100% Financing for Rehab, Flip and Construction Projects - NO DOWN PAYMENT!

$50,000 - $2,000,000
4 to 12 months
11.88% - 13.00%
2.00% - 4.00%
Yieldi LLC

Direct Lender for Investment Properties - Bridge, Rehab, Construction

$500,000 - $5,000,000
6 to 24 months
10.00% - 14.00%
1.00% - 4.00%
LendingOne

Rental, Fix & Flip, Construction & Multifamily Bridge Loans Nationwide

$75,000 - $50,000,000
12 to 360 months
1.00% - 2.00%
Malve Capital LLC

Fast And Easy Real Estate Loans. Closing as fast as 5 business days, subject to clear title.

$50,000 - $5,000,000
6 to 24 months
9.00% - 12.00%
1.00% - 2.00%
Pimlico Capital

Direct Lender for Real Estate Investors | Established in 2016

$75,000 - $5,000,000
3 to 360 months
10.50% - 12.00%
2.00% - 3.00%
KECO Capital, LLC

Funding for Investors By Investors

$250,000 - $100,000,000
6 to 360 months

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