Illinois Hard Money Lending Guide
Our platform has 390 hard money lenders that service Illinois. The loans they offer range from no minimum to $500M with an average cap of $53M. The maximum loan-to-value (LTV) accepted is 100% with an average limit of 82%. The lowest minimum required credit score to qualify for a loan is 300 while the highest is 700. Illinois ranks as #17 in popularity for hard money lenders. The areas with the most real estate and lending activity are Chicago, Aurora and Rockford. To find a lender that meets your exact criteria, submit a quick request.
Straightline Funding
Loans from $25K to $1M. Maximum loan-to-value percentage of 90%. 680 credit score required.
Velocity Mortgage Capital
Loans up to $10M. Maximum loan-to-value percentage of 100%. 550 credit score required.
Meecorp Capital Markets
Loans from $5M to $300M. Maximum loan-to-value percentage of 75%. No credit score required.
Thorpe Commercial Capital
Loans from $1M to $75M. Maximum loan-to-value percentage of 80%. 550 credit score required.
P2 Funding
Loans from $5M to $100M. Maximum loan-to-value percentage of 70%. No credit score required.
Dividend America
Loans up to $10M. Maximum loan-to-value percentage of 75%. No credit score required.
Sharestates
Loans from $100K to $5M. Maximum loan-to-value percentage of 75%. 620 credit score required.
George Smith Partners
Loans up to $10M. Maximum loan-to-value percentage of 100%. 550 credit score required.
AESG Capital, Inc
Loans from $1M to $10M. Maximum loan-to-value percentage of 75%. No credit score required.
Royalty Business Lending
Loans from $60K to $10M. Maximum loan-to-value percentage of 75%. No credit score required.
Private Lending Group
Loans from $50K to $5M. Maximum loan-to-value percentage of 80%. 580 credit score required.
Carlyle Capital
Loans from $10K to $100M. Maximum loan-to-value percentage of 90%. 580 credit score required.
Hawk Funding Group
Loans from $1M to $15M. Maximum loan-to-value percentage of 80%. 650 credit score required.
ABEZ Funding Solutions
Loans from $100K to $50M. Maximum loan-to-value percentage of 90%. 620 credit score required.
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