Chicago Hard Money Lender

Close in 2 Weeks.
Not 60 Days.

Fast hard money loans for Chicago real estate investors. Fix-and-flip, bridge, and rental property financing with up to 90% LTV. Rates from 9.5%. Apply online today.

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✓ Close in 2 weeks • ✓ Up to 90% LTV • ✓ No prepayment penalty

📍Chicago-Based
14-Day Closings
💰70–75% LTV
📊Rates from 10%

Why Choose Hard Money Over Traditional Banks?

Traditional Bank Loans

60-90 Days
  • ❌ Slow approval process (weeks to months)
  • ❌ Extensive documentation required
  • ❌ Strict credit score requirements (700+)
  • ❌ Low LTV limits (70-75%)
  • ❌ Doesn't work for distressed properties
  • ❌ Miss time-sensitive deals
BEST FOR INVESTORS

Our Hard Money Loans

2 Weeks
  • ✅ Fast approval in 24-48 hours
  • ✅ Minimal documentation needed
  • ✅ Credit score flexible (620+)
  • ✅ Up to 90% LTV on purchase + rehab
  • ✅ Works for distressed properties
  • ✅ Close fast on competitive deals
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Chicago Hard Money Loan Products

Loan Type LTV Rate Term Best For
Fix-and-Flip Up to 90% 9.5% - 12% 6-12 months Property rehabs, quick flips
Bridge Loan Up to 80% 9.5% - 11% 6-24 months Fast closings, temporary financing
BRRRR Financing Up to 85% 10% - 12% 12-18 months Buy, rehab, rent, refinance strategy
Rental Property Up to 75% 9.5% - 11% 12-36 months Cash-flowing rental acquisitions
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How to Get Your Chicago Hard Money Loan

1

Apply Online

Fill out our simple application with property details and your experience. Takes 5 minutes.

2

Get Approved Fast

We review your application and get back to you within 24-48 hours with a decision.

3

Close in 2 Weeks

Once approved, we close your loan in 10-14 days so you can move on your deal quickly.

Frequently Asked Questions

What credit score do I need for a Chicago hard money loan?

We typically work with borrowers who have a credit score of 620 or higher. However, we focus more on the deal itself (property value, equity, exit strategy) than your credit score. If you have strong deal fundamentals and real estate experience, we may work with lower scores.

How much can I borrow with a hard money loan in Chicago?

Loan amounts typically range from $50,000 to $5 million depending on the property value and your experience. For fix-and-flip loans, we can lend up to 90% of the purchase price plus 100% of rehab costs. For bridge loans, up to 80% LTV.

What areas of Chicago do you lend in?

We lend throughout Chicago and the surrounding suburbs including Cook, DuPage, Lake, Will, and Kane counties. If you have a property outside these areas, contact us and we can discuss your specific situation.

Can I use a hard money loan for a rental property?

Yes! We offer hard money loans for rental property acquisitions with up to 75% LTV. These loans are ideal for investors who need to close quickly on a cash-flowing property or are planning a BRRRR strategy (buy, rehab, rent, refinance, repeat).

Do you charge prepayment penalties?

No prepayment penalties! You can pay off your loan early without any additional fees. This is especially beneficial for fix-and-flip investors who sell properties faster than expected.

How is a hard money loan different from a traditional mortgage?

Hard money loans are asset-based loans secured by real estate. They're faster to close (2 weeks vs 60+ days), require less documentation, have flexible credit requirements, and work for distressed properties that banks won't finance. The trade-off is higher interest rates (9.5-12% vs 6-8%) and shorter terms (6-24 months vs 30 years).

Ready to Fund Your Next Deal?

Apply online today and get approved in 24-48 hours. Close your Chicago hard money loan in 2 weeks and move faster on deals.

Apply for Funding →