Private & Hard Money Lenders in Kane County, IL
13 lenders funded 70 short-term investment-property loans in Kane County in 2024 at a median rate of 10.95%. Ranked by verified loan volume — not paid placement.
Kane County hard money lenders by 2024 loan count
| # | Lender | Hard money loans | Median rate | DSCR loans |
|---|---|---|---|---|
| 1 | KIAVI FUNDING, INC. | 24 | 10.95% | 45 |
| 2 | RF Renovo Management Company, LLC | 15 | 10.25% | 5 |
| 3 | Loan Funder LLC | 8 | 11.25% | 16 |
| 4 | Heartland Bank and Trust Company | 6 | 9.50% | 2 |
| 5 | ABL RPC Residential Credit Acquisition LLC | 5 | 15.63% | — |
| 6 | First State Bank | 3 | 7.80% | 9 |
| 7 | BPL Mortgage, LLC | 2 | — | 4 |
| 8 | PROVIDENCE BANK & TRUST | 2 | — | 2 |
| 9 | Old Second National Bank | 1 | — | 3 |
| 10 | CIBC Bank USA | 1 | — | — |
| 11 | Fifth Third Bank, National Association | 1 | — | — |
| 12 | GRUNDY BANK | 1 | — | — |
| 13 | Merchants Mortgage & Trust Corporation | 1 | — | — |
DSCR / long-term rental lenders in Kane County
These lenders reported only longer-term (>36 month) business-purpose rental loans here in 2024— a different product from hard money, listed separately so the two aren't conflated.
Frequently asked questions
13 lenders reported short-term, business-purpose investment loans in Kane County in 2024 verified lending records — 70 loans totaling $53.8M. Smaller local lenders below public reporting thresholds may also operate here.
The median note rate across Kane County's active lenders was 10.95% in 2024, with per-lender medians ranging from 7.80% to 15.63%. Hard money runs well above conventional mortgage rates because loans are short, asset-based, and close fast.
Verified public lending records for 2024. We count originated, business-purpose loans on investment properties with terms of 36 months or less — the bridge and fix-and-flip products hard money lenders make. Rankings reflect verified loan counts, never paid placement.