Construction Loan Lenders in Coal-City, Illinois (2026)

Lendersa® offers a list of construction loan lenders in Coal-City, IL, including regional banks, national lenders, and local hard money lenders, all of which utilize private funds for ground-up construction or major rehab projects. This varied selection ensures you can find the right financing options tailored to your needs.

In Coal-City, IL, lenders estimate the cost of constructing a 2,000 square foot home, ranging from $208,744 for basic builds to $382,167 for more elaborate projects. The interest rates and loan terms can vary based on the borrower's financial details, Loan-to-Value (LTV) ratio, After-Repair Value (ARV), and the type of lender chosen.

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Using Lendersa®'s AI technology, your loan request is rapidly matched with hundreds of construction lenders, addressing all your financing needs. Discover superior construction rates to fund new builds, fix-and-flip projects, or major renovations on both residential and commercial properties in IL.

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To maintain a healthy credit score, avoid unnecessary inquiries. Secure preapproval for your land loan without needing to provide your social security number or other sensitive financial information, preserving your credit strength.

By offering additional property as collateral, you may qualify for 100% LTV (Loan to Value) financing through a blanket loan.

Utilize the Lendersa® land loan calculator to locate vacant land loan providers in zip codes 60407, helping you connect with the financing partners suited to your projects.



Coal-City Construction Loan Lenders

  • Morris Building & Loan
  • 211 E Jefferson St, Morris, IL, 60450
  • Lends in Illinois
  • Morris Building and Loan is a branch of First Secure Community Bank that serves residents of Morris and the surrounding areas. We offer a full range of personal and business banking products. We have been proud to serve the Morris area for more than 100 years.

    Member FDIC. Equal Housing Lender.

  • State Bank of Herscher
  • 10 Tobey Drive, Herscher, IL, 60941
  • Lends in Illinois
  • The State Bank of Herscher was chartered in 1902 by a group of residents who understood what a local bank meant for the well-being of their community. The growth that we have experienced since that time has allowed us to move to our present location in Herscher as well as expand to Limestone.

  • First Bank of Manhattan
  • 230 South State Street, Manhattan, IL, 60442
  • Lends in Illinois
  • The First Bank of Manhattan has been providing high quality, full service personal and business banking services to Manhattan and our neighboring communities of New Lenox, Elwood, Wilmington and Wilton Center.
    The bank offers a full range of deposit products such as Checking, savings, CD’s, IRA’s, children’s and teen’s accounts.

  • CommonWealth Credit Union
  • 563 William Latham Drive, Bourbonnais, IL, 60914
  • Lends in Illinois
  • It grew to become CommonWealth Credit Union, a multi-site, full-service financial cooperative that is now community chartered to serve anyone who lives or works in Kankakee, Ford, Iroquois, Livingston, Kendall, Grundy, or Will Counties. CommonWealth Credit Union is the largest credit union in Kankakee County.

  • Smart Mortgage Center - Patty Harrison
  • 16151 S Lincoln Highway, Plainfield, IL, 60586
  • Lends in Illinois
  • Smart Mortgage Centers is a Better Business Bureau A+ rated Mortgage Company. We are a family owned and operated business helping the community obtain mortgages for purchase and refinancing since 1997. At Smart Mortgage Centers, we work with over 30 of the top lenders in the industry to help find you the best rate

  • Oak Leaf Community Mortgage
  • 24252 W. Main Street, Plainfield, IL, 60544
  • Lends in Illinois
  • We focus on providing our customers purchase and refinance options that fit their needs. We specialize in home purchase, refinance, rehabilitation and new constructions loans. We have the ability to lend in 46 states and would love the opportunity to help you find a solution that fits your needs.

  • PARLAY MORTGAGE & PROPERTY, INC
  • 16612 W. 159th St, Suite 201, Lockport, IL, 60441
  • Lends in Illinois
  • Parlay Mortgage & Property, where we are constantly striving to make a complicated process a little bit better. We offer all types of mortgage products including, but not limited to, Conventional, FHA, VA, Purchase, Refinance, Fresh Start (recent bankruptcy, foreclosure or short sale) and First-time Homebuyer

  • Rental Property Lending Group of America, Inc
  • 12533 Surrey Ct, Mokena, IL, 60448
  • Lends in Illinois
  • Our main goal is to help real estate investors grow their rental portfolios sooner rather than later. We offer a one stop shop program to acquire and rehab property with a line of credit that can be termed out with NO value seasoning up to 75% of fair market value. This strategy will allow you to recycle the same money over and over again.

  • Allied First Bank SB
  • 3201 Orchard Road, Oswego, IL, 60543
  • Lends in Illinois
  • Allied First Bank is Oswego's only true community bank. We're Your Hi-Tech Hometown Assist​ with a full range of consumer, commercial, and mortgage products and banking services. The bank is a centerpiece of the community with its creation and sponsorship of the Oswego CrossTown Challenge.