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.
Find out in this video what is needed to get an investment property loan from the #1 Rated Hard Money Lenders Chicago
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.
We offer Chicago IL hard money loans for the following programs:
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 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.
Chicago Hard Money Real Estate Market
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.