Private & Hard Money Lenders in McHenry County, IL
12 lenders funded 25 short-term investment-property loans in McHenry County in 2024 at a median rate of 10.99%. Ranked by verified loan volume — not paid placement.
McHenry County hard money lenders by 2024 loan count
| # | Lender | Hard money loans | Median rate | DSCR loans |
|---|---|---|---|---|
| 1 | Loan Funder LLC | 5 | 10.99% | 8 |
| 2 | Heartland Bank and Trust Company | 4 | 9.50% | — |
| 3 | RF Renovo Management Company, LLC | 3 | 10.25% | 1 |
| 4 | ABL RPC Residential Credit Acquisition LLC | 3 | 14.88% | — |
| 5 | HOME STATE BANK, N.A. | 2 | — | 17 |
| 6 | Conventus Lending LLC | 2 | — | — |
| 7 | BPL Mortgage, LLC | 1 | — | 3 |
| 8 | KIAVI FUNDING, INC. | 1 | — | 1 |
| 9 | Associated Bank NA | 1 | — | — |
| 10 | First Financial Bank | 1 | — | — |
| 11 | RPE Home, Inc | 1 | — | — |
| 12 | Temple View Capital Funding LP | 1 | — | — |
DSCR / long-term rental lenders in McHenry 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
12 lenders reported short-term, business-purpose investment loans in McHenry County in 2024 verified lending records — 25 loans totaling $47.6M. Smaller local lenders below public reporting thresholds may also operate here.
The median note rate across McHenry County's active lenders was 10.99% in 2024, with per-lender medians ranging from 9.50% to 14.88%. 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.