The #1 Rated Hard Money Lenders Illinois since 1998 for Real Estate Investors
Hard money lenders in Illinois, HardMoneyMan.com offers hard money loans in IL for fix and flips, construction and rental loans. Click get your loan above to apply today.
Investment Property Hard Money Loans in Illinois lending throughout the state
The Leader in Hard Money Loans in Illinois
Submitting your application package is quick and easy.
Hard Money Loans Illinois – Close in 7–10 Days
Hard Money Lenders Illinois offering Fix & Flip, Spec Construction, DSCR Rentals, Multifamily, and Commercial loans statewide. Approvals in 24 hours. Same‑day draws.
We Lend in:
Chicago, Aurora, Rockford, Joliet, Naperville, Springfield, Peoria, Elgin, Waukegan, Champagne and all other cities in Illinois
Looking for fast closings and flexible terms? Click here to learn how our Chicago asset based lending program works—no income docs, no credit score required.
Illinois’s Trusted Hard Money Lender
With over 25,000 deals funded and $3.5 billion in loans closed, HardMoneyMan.com LLC is the leading choice for investors seeking hard money loans in Illinois. We specialize in fast closings, approvals in 24 hours, and same‑day draws to keep your projects moving.
Hard Money Loan Programs in Illinois
- Fix & Flip Loans: Up to 90% purchase + 100% rehab. Popular in Chicago, Peoria, and Rockford.
- Spec Construction Loans: Builder financing with staged draws. Ideal for new builds in Champaign and Bloomington.
- DSCR Loans: Rental income qualification, no personal income docs. Great for investors in Chicago’s South Loop and Springfield.
- Multifamily Loans: Financing for 5+ unit apartment buildings across Illinois metros.
- Commercial Loans: Offices, retail, mixed‑use, and industrial properties in Chicago and beyond.
- Asset Based Loans: Collateral‑driven financing for investors statewide.
Where We Lend in Illinois
We provide hard money loans across Illinois, including Chicago, Peoria, Champaign, Bloomington, Springfield, Rockford, Aurora, Naperville, Joliet, and Elgin. Whether you’re flipping a condo in Chicago or building new construction in Champaign, we’ve got you covered.
Case Studies: Illinois Hard Money Loans
Fix & Flip in Chicago
An investor purchased a distressed 2‑flat in Chicago’s South Side for $150,000. We funded 90% of the purchase and 100% of the rehab. After $80,000 in renovations, the property sold for $350,000, netting a $120,000 profit.
New Construction in Champaign
A licensed builder secured financing for a 4‑bedroom new build near the University of Illinois. With staged draws and same‑day inspections, the project stayed on schedule and sold above asking price.
DSCR Rental in Springfield
A landlord refinanced a duplex in Springfield using DSCR qualification. Rental income covered debt service, allowing the investor to cash‑out equity and expand their portfolio into nearby Peoria.
Illinois Fix and Flip Loans
Illinois Construction Loans
Illinois Rental Loans
Illinois Multi Family Loans
Asset Based Loans in Illinois
Commercial Hard Money Loans in Illinois
Frequently Asked Questions
How fast can I close in Illinois?
Most loans close in 7–10 days, with approvals issued in 24 hours.
Do you offer fix and flip loans?
Yes. We provide short-term fix and flip loans with flexible draws and fast closings.
What equity is required for spec home loans?
Builders typically need 20–30% equity, with lot value often counting toward this requirement.
Do you finance rental properties?
Yes. DSCR loans qualify based on rental income, not personal income documentation.
Do you finance multifamily properties?
Yes. We provide loans for 5+ unit apartment buildings across Illinois.
Are commercial properties eligible?
Yes. We provide asset-based loans for offices, retail, mixed-use, and industrial properties.
Do you lend to LLCs and entities?
Yes. All programs can be closed in LLCs or other entities.
Is Airbnb or short-term rental income considered?
Yes. Documented short-term rental income can be used for DSCR qualification.