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You can get a hard money loan for your fix-and-flip property in as few as 5 days with our simplified process, premium technology, and committed staff. As the nation’s largest hard money lender, LendingHome funded $20 million in loans in Illinois last year alone.
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Raw Land Hard Money Loans. Raw Land Hard Money loans or Private Capital Land Mortgage is a particular kind of asset-based loan funding with which a customer gets funds secured by the value of a property. With no credit check or income documents required, these loans are very simple and quick to fund.
Hard money loans make the most sense for short term loans. Fix-and-flip investors are a good example of hard money users: they own a property just long enough to increase the value – they don’t live there forever. They’ll sell the property and repay the loan, often within a year or so.
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About Hard Money Loans in Illinois. Among other things, Illinois is famous for producing big business, big names, and big crops. Hard money loans are famous for their big advantages to real estate investors. Our Illinois hard money loans help investors who need to get into deals with little or no money down. This is especially helpful to first.
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Illinois Hard Money Loans Fairview Commercial Lending is a privately funded private hard money lender in Chicago, Illinois with an office in Chicago. The partners have over 100 years of Chicago commercial real-estate lending experience and have been lending since 1975.
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