Private & Hard Money Lenders in Illinois
102 lenders funded 2,282 short-term investment-property loans ($1.5B) across Illinois in 2024, at a median note rate of 8.50%. Ranked by verified loan volume — not paid placement.
Top 10 hard money lenders in Illinois by 2024 loan count
| # | Lender | Hard money loans | Median rate |
|---|---|---|---|
| 1 | Loan Funder LLC | 547 | 10.99% |
| 2 | RF Renovo Management Company, LLC | 340 | 10.25% |
| 3 | KIAVI FUNDING, INC. | 205 | 10.95% |
| 4 | Carrollton Bank | 101 | 7.95% |
| 5 | Heartland Bank and Trust Company | 81 | 9.50% |
| 6 | BPL Mortgage, LLC | 73 | 10.99% |
| 7 | Bank of Springfield | 68 | 8.00% |
| 8 | INB, NATIONAL ASSOCIATION | 57 | 7.75% |
| 9 | RPE Home, Inc | 56 | 12.00% |
| 10 | CNB BANK & TRUST, N.A. | 55 | 8.50% |
Illinois hard money lending by county
Counties with at least 3 active lenders have a full directory page.
Limited 2024 activity (1–2 reporting lenders): Macon County, McDonough County, Bond County, Bureau County, Coles County, Hancock County, Boone County, Fulton County, Jo Daviess County, Livingston County, Marshall County, Mason County, Menard County, Randolph County, Stephenson County, Alexander County, Brown County, Christian County, De Witt County, Fayette County, Franklin County, Gallatin County, Hamilton County, Jefferson County, Massac County, Mercer County, Montgomery County, Pulaski County, Saline County, Shelby County, Warren County, Wayne County, Whiteside County. These counties are typically served by the statewide lenders above.