Hard Money Lenders Chicago IL

As one of the go-to hard money lenders in Chicago IL, HardMoneyMan.com offers hard money loans in Chicago with fair terms and a fast process. Click the button to get started by sending a few quick pieces of info.


Where To Find Chicago IL Hard Money Lenders


The Leader in Hard Money Loans in Chicago

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American Association of private lenders member

The Top Rated Hard Money Lenders Chicago – HardMoneyMan.com

HardMoneyMan.com, LLC began lending on investment properties to real estate investors in Chicago in 1998. We have made over 3,000 loans in Chicago Illinois since our inception and we pride ourselves on being second to none on knowing our real estate market, in customer service, transparency and terms when it comes to hard money loans. We make loans in all of Chicago. Our niche are 1-4 unit residential properties that are in need of renovation. We also lend to local builders that are putting up new housing.

Being rehabbers ourselves, this is a huge benefit to our borrowers as we know what challenges many borrowers run into when dealing with lenders and we try to make sure those are avoided at all costs. There are unique opportunities and challenges in Chicago and its investors are taking advantage and dealing with them of them every day.

Ken has been a hard money lender for over 25 years. He has funded over 25k deals for investors in that time. Ken specializes in fix and flips, ground up spec construction and 30 year DSCR loans. He is also a real estate investor in NJ and NY.

Find out in this video what is needed to get an investment property loan from the #1 Rated Hard Money Lenders Chicago 

Who are the Hard Money Lenders Chicago?

Hard Money Lenders Chicago are dedicated financial allies who navigate the bustling real estate scene of Chicago with finesse. Providing rapid and adaptable short-term loans secured by property assets, they are the trusted partners for investors, builders, and renovators seeking swift transactions. Setting themselves apart from conventional lenders, Hard Money Lenders Chicago prioritize the value of collateral, ensuring expedited loan approvals in as little as 10 business days. Though interest rates may trend higher, typically between 10% and 18%, the streamlined process and convenience of these loans position them as a strategic tool for individuals aiming to optimize profits within the real estate domain.

What makes Chicago Hard Money Lenders unique?

Chicago Hard Money Lenders shine by offering financial solutions perfectly crafted to suit the ever-evolving demands of the local real estate market. Their commitment to collaboration and fast decision-making processes cements their position as the preferred choice for property investors aiming to capitalize on lucrative prospects. By blending speed, expertise, and an intimate knowledge of the market dynamics, they propel the success of real estate enthusiasts looking to carve a niche in the competitive Chicago landscape.

How will borrowing from Hard Money Lenders Chicago HardMoneyMan.com will help grow your Real Estate Investing Business?

Hard money lenders Chicago offer a unique solution to real estate investors and property owners looking to take advantage of investment opportunities. These hard money loans are a form of short-term, high-interest financing specifically designed to aid those seeking quick access to funds for purchasing an investment property or rehabbing one already owned. Hard money lenders Chicago specialize in understanding the needs of local real estate investors and have the resources and knowledge necessary to deliver funding quickly, so that investments can be made with confidence.

Unlike traditional banks, hard money lenders Chicago, like HardMoneyMan.com LLC, provide financial solutions tailored to each borrower’s individual needs and circumstances. Hard Money Lenders Chicago typically approve hard money loan applications within days, sometimes hours, which is especially helpful when competing for a time sensitive opportunity such as a distressed property. With hard money loans, investors in Chicago can make an offer on the property knowing they have the funds to back it up and get the deal done quickly.

Hard money lenders Chicago are also able to provide more flexible terms than traditional lenders as hard money loans often do not require employment verification or credit checks. This means that even those with bad credit scores or limited income can still qualify for hard money financing when seeking investment opportunities in Chicago.

Overall, hard money lending is a valuable resource for real estate investors and investment property owners in Chicago who need quick access to capital and appreciate the flexibility of hard money loans. When compared to traditional banks, hard money lenders offer a speedier application process, less stringent requirements, and financial solutions tailored to the needs of local investors.

Chicago Fix and Flip Loans

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Chicago Construction Loans

Chicago Rental Loans

Chicago Multi Family Loans

Chicago Hard Money Lenders – Why Choose Us?


We're in the Business

We’ve rehabbed, sold and rented investment properties ourselves. We know what to look for so you can be confident that your project will result in profit. 


We're a Direct Lender

We loan the money. We don’t find the money form someone else. This means you can rest easy knowing that if we approve your loan, it’s going to get funded. No surprises.


We're Fast and Efficient

We can give you preliminary approval in as little as 24 hours and have your loan closed and paid out in less than 7-10 days. We’re the most efficient hard money lender in Chicago.


We're Investor Focused

We consider you our partner and we want you to make money. We make it a point to look at our loans from all angles to make sure you’re going to get a fair return. 

Shaun Dozier
Shaun Dozier
My company has closed over 5 deals with Ken Vesely . He's very knowledgeable and will get it done . Good communication and responsive!
Demetri Williams
Demetri Williams
This is the best lender I've used for all my deals. Very fast and efficient. Never any glitch always a smooth sail to closing. Don't waste your time using someone else.
Dario Olivere
Dario Olivere
I have closed multiple deals with Ken. He’s to the point, very straight forward and won’t lead you on. He’s helped guide me along the way. I will always recommend him to my friends and I will always use him for my deals.
Tom Tinsey
Tom Tinsey
This was my first time using any type of hard money financing so I had tons of questions along the way. Ken answered every one and even helped me out a lot with great recommendations as far as building my real eatate portfolio. Look forward to working with him on future deals and would recommend. No nonsense. No bs. All buisness!!
Brandi Pernell
Brandi Pernell
The experience my husband’s and my company (Kingdom Realty, LLC) had with HardMoneyMan.com, LLC/Ken Vesely was five-star, from our very first interaction to closing. Ken is efficient, responsive, transparent and extremely knowledgeable. He kept his word on all things discussed, with no surprises along the way, which is extremely important with matters such as these. This was Kingdom Realty LLC's first experience with a hard money loan. Ken took the time to answer all of our questions and taught us a lot throughout our loan approval process. We closed our deal in less than 30 days; and would have closed sooner had it not been for the holidays. We are very much looking forward to working with HardMoneyMan.com LLC for our next deal, and strongly recommend this company to others looking to invest in real estate, close a deal quickly, and learn some tips along the way.
Christian Rodriguez
Christian Rodriguez
I have worked with Ken multiple times and every transaction was a breeze if I have to recommend a straight forward Hard Money Lender, Ken is the man to go with
Christina McCann
Christina McCann
Great company great experience
Joe Matthews
Joe Matthews
Dealing with Ken and his team is flawless. The process is very streamline from start to finish with excite communication throughout the process

Chicago Hard Money Real Estate Market

If you’re in need of a loan in Chicago and traditional lenders aren’t an option, hard money lenders Chicago may be the solution. This guide will take you through the process of securing a loan from a hard money lenders Chicago, providing you with the information you need to make an informed decision. From understanding the basics of hard money lending to finding the right lender for your needs, this guide has you covered.

Understand the Basics of Hard Money Loans Chicago

Before diving into the process of getting a loan from a hard money lenders Chicago, it’s important to understand the basics of hard money loans. Unlike traditional loans from banks or credit unions, hard money loans are typically provided by private individuals or companies. These loans are secured by real estate and are often used by borrowers who may not qualify for traditional financing due to factors such as poor credit or unconventional property types. Hard money loans typically have higher interest rates and shorter repayment terms compared to traditional loans, but they can provide quick access to funding for real estate investments or other financial needs.

Research and Choose a Reputable Hard Money Lender.

The first step in the process of getting a loan from a hard money lenders Chicago is to research and choose a reputable lender. It’s important to do your due diligence and find a lender that has a good reputation in the industry. Look for lenders who have experience in the Chicago market and who specialize in the type of loan you are seeking. You can start by asking for recommendations from other real estate investors or professionals in the industry. Additionally, you can search online for reviews and testimonials from past borrowers. Once you have a list of potential lenders, take the time to compare their terms, interest rates, and fees to ensure you are getting the best deal possible. Remember, working with a reputable lender is crucial to ensure a smooth and successful loan process.

Gather and Prepare the Necessary Documentation.

After choosing a reputable hard money lenders Chicago, like HardMoneyMan.com LLC, the next step in the loan process is to gather and prepare the necessary documentation. Hard money lenders Chicago typically do not require more documentation than traditional lenders, so it’s important to be prepared with what they will need, like the purchase contract, budget and your real estate investing experience.  Additionally, you may need to provide documentation on any existing liens or mortgages on the property. It’s important to gather all of these documents in advance and have them organized and ready to submit to the lender. This will help streamline the loan process and increase your chances of approval.

Submit Your Hard Money Loan Application.

Once you have gathered all the necessary documentation, it’s time to submit your loan application to the hard money lenders  Chicago. Most lenders have an online application process, making it convenient and easy to apply. Fill out the application accurately and provide all the required information. Be prepared to provide details about the property you are seeking a loan for, including its address, purchase price, and any repairs or renovations that are planned. You may also need to provide information about your credit history and financial situation. Once you have completed the application, review it carefully to ensure all the information is accurate and complete. Then, submit the application and wait for the lender to review and process it.

Foreclosure Rates for Chicago IL

Investors who want to find deals from foreclosure properties can consider these statistics to understand the Chicago real estate market for pre-foreclosures, auctions, and bank-owned properties.

As one of the top hard money lenders in Chicago, we work with investors every day who are looking for foreclosure opportunitites. 

Sale Prices in Chicago IL

Real estate sales in Chicago still support an active fix/flip market. You want to closely monitor your average days on the market because when you are flipping properties, this is the best indicator of how long it will take you to sell once the property is completed.

As one of the top hard money lenders in Chicago, we work with investors every day who are looking for flip/rehab opportunities in Chicago.

Get Approved For A Hard Money Loan in Chicago

Simple and Fast Application Process