53 Construction Loan Lenders with AI in Elgin, Illinois 2026

Lendersa® presents a selection of construction loan lenders in Elgin, IL, comprising regional banks, national lenders, and local hard money lenders who use private funding for your new construction or extensive renovation projects.

Construction costs for a 2,000 square foot home in Elgin, IL, range from $212,242 for basic construction to $385,665 for more elaborate projects. Loan interest rates and terms differ based on the borrower's financial profile, including LTV, ARV, and selected lender.

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The Remarkable Construction Loan Calculator

Leveraging Lendersa®'s advanced AI technology, you can address all your construction financing needs by matching your request with a vast range of lenders. Find the best construction rates for new builds, fix-and-flip, or major renovations on both residential and commercial properties within IL.

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Reduce unnecessary inquiries to protect your credit score. Obtain preapproval for a land loan without the hassle of sharing your social security number or sensitive financial details.

Qualify for 100% LTV financing by pledging additional property as a blanket loan.

Explore the Lendersa® land loan calculator to locate vacant land loan providers in zip codes 60120.



  • Lakeside Bank
  • 55 W. Wacker Dr, Chicago, IL, 60601
  • Lends in Illinois
  • We're a family-owned Chicago bank. In 2022, we'll be 56 years old. We've grown to over $2.4 Billion in assets and ten branches throughout the city & suburbs. Our dramatic growth is due to how we work. Simply put, we build Relationships. And we build them to last. Our people have the authority to make decisions.

  • American Street Capital
  • 121 W. Wacker Drive Suite 2206, Chicago, IL, 60601
  • Lends in Illinois
  • American Street Capital, LLC (“ASC”) is a national commercial mortgage banking firm with extensive correspondent lending relationships. ASC specializes in securing balance sheet and CMBS loans for multi-family, mixed-use, student housing, mobile home parks, assisted living, hospitality, retail, office, self storage, owner-occupied properties

  • Burling Bank
  • 141 West Jackson Boulevard, Chicago, IL, 60604
  • Lends in Illinois
  • Burling Bank is a full-service, privately owned retail bank located in the heart of Chicago’s financial district. Burling Bank was founded on the desire to provide a higher level of personalized customer service & to treat all clients with discretion & respect. We offer a full suite of banking products & services to meet the deposit & credit needs.

  • Wintrust Bank, National Association
  • 231 S LaSalle St, Chicago, IL, 60604
  • Lends in Illinois
  • Wintrust Bank offers banking solutions tailored to our customers, their needs, and our unique community. No matter what your financial need, we can help. But, we also go above and beyond basic banking solutions. We host financial education courses, hold community events and throw neighborhood cookouts. We believe a bank should be a true asset the a

  • Riverbank Business Capital
  • 444 N Michigan Ave, Chicago, IL, 60611
  • Lends in Illinois
  • Riverbank Business Capital

    Fueling Real Estate Investment Growth

    Riverbank Business Capital helps investors and entrepreneurs access flexible commercial financing for Multi Family, Mixed Use, Retail, Warehouse, Self Storage, Automotive properties, no income documentation, fast process. Ready to strengthen your cash flow and seize new opportunities, to purchase, refinance or cash-out? We fund fast Call 800-575-7144 or email admin@riverbankbusinesscapital.com.

  • Femme Capital Partners LLC
  • 355 East Ohio Street, Suite 2010, Chicago, IL, 60611
  • Lends in Illinois
  • Femme Capital Partners, LLC is a company by women, for women that understands the challenges that women and minorities face with discrimination for their marital status, familial status and ethnicity. The company will provide that value, paving the way to financial freedom and wealth creation.

  • Black Onyx, LLC
  • 605 N Michigan Ave 4th Floor, Chicago, IL, 60611
  • Black Onyx Lending, LLC is a multifaceted business and finance company with specialists experienced in business lending, consulting, real estate and development, and construction and remodeling. At Black Onyx Lending Firm, LLC, we want to be the best in the world at creating outstanding opportunities for our clients. It is because of our profession

  • Marquette Bank
  • 6316 South Western Ave, Chicago, IL, 60636
  • Lends in Illinois
  • We are committed to helping our customers meet their financial goals. Marquette Bank provides convenient offices and accessible drive-thrus near work or home, 24-hour Teller-Phone, over 55, 000 free ATMs worldwide, Mobile Banking, Online Banking and Bill Payment, 24/7 Remote Deposit services for Business.

  • Real Estate Resource Home Loans
  • 16530 106th Court, Orland Park, IL, 60467
  • Lends in Illinois
  • Our goal is to offer competitive mortgage rates and fees while providing a level of service that exceeds our client’s expectations. We offer clients customized mortgage solutions to obtain the BEST rate possible. Our average employee has over 12 years of banking and home loan financing experience.

  • Amiachi Property Advisers
  • 4625 S. Calumet, Chicago, IL, IL, 60653
  • Lends in Illinois
  • Elevate your real estate journey with Amiachi Property Advisers. Led by Melissa Pitts, we offer tailored property solutions that redefine client satisfaction. With a commitment to integrity and excellence, trust us to guide you through every investment decision. Choose Amiachi for unmatched expertise and personal dedication, turning your real estat

  • Elite Residential Lending Inc
  • 9300 South Ashland Avenue, Chicago, IL, 60620
  • Lends in Illinois
  • Elite Commercial Lending dba Elite Residential Lending is currently licensed in Illinois and is a full-service mortgage broker, headquartered in Chicago, Illinois and we offer fast service, low rates and we provide an innovative mix of mortgage products. Our Vice President has over 27 years of mortgage experience.

  • Draper and Kramer Mortgage Corp.
  • 1431 Opus Place, Suite 200, Chicago, IL, 60615
  • Lends in Illinois
  • Draper and Kramer Mortgage Corp. is the residential mortgage division of Draper and Kramer, one of the country’s premier full-service property and financial services firms. While still a family-owned company headquartered in Chicago, we help identify and structure mortgage financing programs for clients across the United States, and have been doing