Private & Hard Money Lenders in Will County, IL
18 lenders funded 103 short-term investment-property loans in Will County in 2024 at a median rate of 10.25%. Ranked by verified loan volume — not paid placement.
Will County hard money lenders by 2024 loan count
| # | Lender | Hard money loans | Median rate | DSCR loans |
|---|---|---|---|---|
| 1 | Loan Funder LLC | 26 | 10.75% | 34 |
| 2 | KIAVI FUNDING, INC. | 20 | 11.49% | 6 |
| 3 | RF Renovo Management Company, LLC | 15 | 10.25% | 6 |
| 4 | CNB BANK & TRUST, N.A. | 10 | 8.00% | 2 |
| 5 | Heartland Bank and Trust Company | 9 | 9.50% | — |
| 6 | GRUNDY BANK | 6 | 7.75% | 3 |
| 7 | LendingOne LLC | 3 | 10.25% | 6 |
| 8 | BPL Mortgage, LLC | 3 | 10.99% | 4 |
| 9 | Merchants Mortgage & Trust Corporation | 2 | — | — |
| 10 | Midland States Bank | 1 | — | 6 |
| 11 | VELOCITY COMMERCIAL CAPITAL LLC | 1 | — | 6 |
| 12 | BUSEY BANK | 1 | — | 4 |
| 13 | American Heritage Lending, LLC | 1 | — | 3 |
| 14 | FIRST NATIONAL BANK OF OMAHA | 1 | — | 3 |
| 15 | Peoples Bank | 1 | — | 1 |
| 16 | LIMA ONE CAPITAL, LLC | 1 | — | — |
| 17 | NATIONS LENDING CORPORATION | 1 | — | — |
| 18 | Secured Investment Corp | 1 | — | — |
DSCR / long-term rental lenders in Will 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
18 lenders reported short-term, business-purpose investment loans in Will County in 2024 verified lending records — 103 loans totaling $23.0M. Smaller local lenders below public reporting thresholds may also operate here.
The median note rate across Will County's active lenders was 10.25% in 2024, with per-lender medians ranging from 7.75% to 11.49%. 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.