Private & Hard Money Lenders in Tazewell County, IL
10 lenders funded 25 short-term investment-property loans in Tazewell County in 2024 at a median rate of 7.75%. Ranked by verified loan volume — not paid placement.
Tazewell County hard money lenders by 2024 loan count
| # | Lender | Hard money loans | Median rate | DSCR loans |
|---|---|---|---|---|
| 1 | Morton Community Bank | 9 | 7.25% | 44 |
| 2 | INB, NATIONAL ASSOCIATION | 4 | 7.75% | 3 |
| 3 | CBI Bank & Trust | 3 | 8.50% | 1 |
| 4 | Heartland Bank and Trust Company | 2 | — | 2 |
| 5 | First State Bank | 2 | — | 1 |
| 6 | CITIZENS EQUITY FIRST CREDIT U | 1 | — | 14 |
| 7 | FORTRESS BANK | 1 | — | 7 |
| 8 | LIMA ONE CAPITAL, LLC | 1 | — | — |
| 9 | Loan Funder LLC | 1 | — | — |
| 10 | RPE Home, Inc | 1 | — | — |
DSCR / long-term rental lenders in Tazewell 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
10 lenders reported short-term, business-purpose investment loans in Tazewell County in 2024 verified lending records — 25 loans totaling $3.8M. Smaller local lenders below public reporting thresholds may also operate here.
The median note rate across Tazewell County's active lenders was 7.75% in 2024, with per-lender medians ranging from 7.25% to 8.50%. 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.