536 Construction Loan Lenders with AI in Barrington, Illinois 2025
Lendersa® compiles a thorough list of construction loan lenders in Barrington, IL, including regional banks, national financial institutions, and local hard money lenders. These lenders utilize private funds for projects ranging from ground-up constructions to significant rehabilitations or renovations, accommodating different types and sizes of financial needs.
For such projects in Barrington, IL, lenders typically assess the building cost of a 2,000 square foot home. This assessment ranges from $209,888 for a more basic construction to $383,311 for homes with more extravagant features. The interest rate and terms for construction loans are highly variable, depending on the financial details of the borrowers, including factors like their financial strength, loan-to-value (LTV) ratios, after-repair values (ARV), and the particular type of lender they choose.
Introducing Our Magic Construction Loan Calculator
Lendersa®'s sophisticated AI technology ensures that each of your construction financing requirements is efficiently matched with a large pool of construction lenders. This way, you can instantly discover the most favorable construction rates that will effectively fund projects spanning from new builds to major renovations, applicable to both residential and commercial properties throughout IL.
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By steering clear of unnecessary inquiries, you can avoid potentially negative impacts on your credit score. With our services, you can easily obtain preapproval for your land loan without needing to provide your social security number or other sensitive financial information, ensuring your privacy is protected.
Furthermore, you might qualify for 100% LTV (Loan-to-Value) financing if you agree to offer additional properties as collateral under a blanket loan structure, enhancing your financing options.
Use Lendersa®'s land loan calculator to identify available vacant land loan providers across different zip codes, as listed in 60010, to secure the financing you need.
Edgar County Bank opened its doors in 1873 with a single mission: To help people achieve the American Dream. That mission is as true today as it was 144 years ago.Over time, we’ve grown alongside the Central Illinois community—and thanks to your support, we’ve expanded beyond Edgar County
Scott State Bank, originally named The Exchange Bank, was established in 1887. A. R. Scott, the founder, had an iron safe in his mill office and a number of his customers would leave money in it for safekeeping. He also cashed grain checks, and in this manner he “drifted” into the banking business.
INB offers personal and commercial banking services. The INB team works to help customers have a life free of financial hardships. We help businesses by handling financial transactions through our lockbox services so they can focus on their core operations. We also provide mortgage and commercial loans.
Merchants Capital is a multifamily, affordable and healthcare lender offering a direct way to access fixed-rate, long-term, non-recourse financing via our bank, Merchants Bank, all with a single point of contact.
We strive to provide the best origination and service of loan products with exceptional customer service, accuracy, creativity
Illinois Educators Credit Union is a member-owned full-service financial cooperative with over $50M in assets serving 7,000 members. Founded in 1938, IECU operates from two locations in Springfield, Illinois and participates in the Co-Op Network, providing shared branching offices and free ATM locations across the state and country.
Marine Bank takes an active role in building Central Illinois. We are committed to making our communities better places to live because we live here, too. We recognize that improving the vitality and quality of life in Springfield, Champaign, Bloomington-Normal, Macomb, Rushville and surrounding areas is in the best interest of our customers
Prairie State Bank & Trust is a community Bank with over $700 million in total assets, over 150 employees and 20 Bank locations throughout central Illinois. Prairie State Bank & Trust is the successor to a group of smaller community Banks acquired as early as 1968. We merged these Banks together over the past 20 years.
On August 1st, 1870, the private banking firm of Petefish, Skiles & Co. Bank opened its doors for business in Virginia, IL. Samuel H. Petefish, Ignatius Skiles and Jacob Epler, all prominent local businessmen, started the firm with Richard Elliott as cashier. Mr. Epler retired after the first year and George Virgin was admitted to the firm.
First Mid Bank & Trust, N.A. (“First Mid Bank”); First Mid Wealth Management Co.; and First Mid Insurance Group, Inc.First Mid is a $6.0 billion community-focused organization that provides a full-suite of financial services including banking, wealth management, brokerage, ag services, & insurance through a sizeable network of locations throughout.
Real Community Bank, which means that when we accept your deposits, we invest that money back into this area in the form of home mortgages for your neighbors, business loans for your merchants, and education savings plans for your school children. We support our community with our donations to local schools, clubs, charitable organizations.
Midland Community Bank is a full-service community bank serving the residents of Christian and Sangamon Counties. Some of the communities served are Kincaid, Tovey, Bulpitt, Taylorville, Edinburg, Pawnee and Springfield.
In 1966, a group of local businessmen and residents began the process to organize a community bank to serve the Midland area
For over 100 years, that’s how banking has been at The First National Bank of Beardstown, Murrayville & Winchester. We’re dedicated to helping you in any way we can with a full line of financial products delivered by caring, experienced professionals. Thank you for choosing us for your financial needs.