Illinois Hard Money Lenders

Looking for a Illinois Hard Money Lender – Private Equity Loan? Need to act quickly so as not to miss an opportunity. If your current credit, employment or asset situation won’t allow you to get a conventional Illinois loan or you can’t wait the typical 40 days to have your loan funded through Illinois conventional lenders – because you need your loan funded fast – consider a Illinois private equity or hard money loan.

Illinois Hard Money Loans

Illinois Private equity – hard money – loans are asset based loans placed with Illinois private investors who use their private money to finance or refinance real estate loans. Illinois Private equity hard money loans are based almost solely on the property value as apposed to conventional lending institutions which have strict underwriting guidelines for borrower credit, loan to value amount and real estate asset value.

Through years in the mortgage lending business hard money lenders have seen all types of borrower situations were conventional lenders will not or can not accommodate the borrowers needs – due to credit issues, time frame issues or income and employment issues.

Illinois Private Equity Loans

In order to meet the needs of just such Illinois hard money loan borrowers hard money lenders have developed relationships with a number of private equity lenders that loan their private funds based on the secured asset value of your property alone. Private equity lenders typically do not require proof of income, they will loan based on your stated income and the value of your property or profitability of your project.

Illinois Bridge Loans

Funding is available for all types of borrowers and credit situations. If you need a Illinois bridge loan, a Illinois sub prime loan or a loan from Illinois high risk lender visit these pages and visit the private equity hard money high risk lenders you’ll find listed.

Contact these hard money lenders they will explain all your Illinois hard money private equity loan options including: Illinois commercial, residential and refinance of current mortgages – with their help you will make a fully informed hard money mortgage choice!

State of Illinois

Marquette and Joliet, French explorers, came to the region in 1673. In 1699 the first permanent French settlement was established near what is now East Saint Louis. The end of the French and Indian Wars saw Great Britain in possession of the area. There was significant fighting in the region during the Revolution. More settlers came with the completion of the Erie Canal in 1825. The last significant Indian war was the Black Hawk War.

The capital of Illinois is Springfield. Other major cities are Chicago, Aurora, Naperville and Joliet. The population in 2005 was 12,763,371. Oil production and coal mining are major industries, as well as chemical and steel production. The Illinois agricultural industry produces corn, soybeans, wheat, hay and oats, as well as beef cattle.

Illinois is home to many attractions associated with the life of Abraham Lincoln, whose home is in Springfield. The home of Mormon leader Joseph Smith is in Nauvoo.

Disclaimer: The hard money loan calculators found on this website are offered only to estimate monthly loan payments. No guarantee is offered or implied as to their accuracy. Hard money loans are non conforming, they do not conform to the underwriting guidelines of Fannie Mae or Freddie Mac. Each private equity hard money lender has their own fee structures which may include points at closing and early prepayment penalties. Discuss all of the details of your particular hard money loan including all costs and fees with your selected hard money lender.

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