Construction Loan Lenders in Manhattan, IL (2026)

Lendersa® has curated an extensive catalog of construction loan lenders available within Manhattan, IL. This includes a wide array of financial entities such as regional banks, national lenders, and local hard money lenders, all employing private money to facilitate ground-up construction or substantial rehabilitation projects. With a range of options, borrowers can find tailored financial solutions suited to their unique needs.

In Manhattan, IL, lenders provide detailed cost estimations for constructing a 2,000 sq. ft. home, with prices starting at $209,525 for more basic constructions, extending up to $382,948 for more elaborate, luxury projects. The interest rates and construction loan terms will vary depending on several criteria, including the borrower's financial status, loan-to-value (LTV) ratio, after-repair value (ARV), and the specific type of lender selected to help finance your project.

Introducing the Magic Construction Loan Calculator

Utilizing cutting-edge AI technology, Lendersa® ensures that all your construction financing needs are comprehensively met by instantly matching your loan request with a multitude of construction lenders. Discover premium construction rates suited for funding a variety of projects, whether new builds, fix-and-flip strategies, or extensive rehabilitations on both residential and commercial properties in IL.

Searching for Construction Loan Lenders Near You?

In order to protect your credit score, it is crucial to avoid unnecessary credit inquiries. Achieving preapproval for a land loan can be done without revealing your social security number or other sensitive financial information, maintaining your privacy and security effectively.

You might become eligible for 100% LTV (Loan-to-Value) financing by agreeing to pledge additional property as collateral, primarily through a blanket loan approach, which facilitates greater financial flexibility and options.

Employ the Lendersa® land loan calculator to identify available vacant land loan providers in zip codes 60442, allowing you to access top-tier financial solutions tailored to your specific construction ideas and goals.

Manhattan Construction Loan Lenders
(815) 478-4611 Lender's profile and map 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.
815-603-0720 Lender's profile and map 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.
(815) 937-7447 Lender's profile and map 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.
(708) 645-8888 Lender's profile and map 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.
(815) 838-6614 Lender's profile and map 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
(844) 315-6267 Lender's profile and map Royalty Elite Mortgage Corp 19624 Governors Highway, Suite 1, Flossmoor, IL, 60422 Lends in Illinois Royalty Elite Mortgage Corp. is a Residential/Commercial mortgage brokerage company based in Flossmoor, Illinois. We serve as a premier provider of financial and strategic support for all of your real estate financing needs. Your home mortgage is a major financial commitment, and one of the most important decisions you'll make.
(708) 946-2246 Lender's profile and map First Community Bank and Trust 1111 Dixie Highway, Beecher, IL, 60401 Lends in Illinois First Community Bank and Trust is a privately owned bank. Established in 1916 First Community Bank and Trust has been serving Beecher, IL, Peotone, IL and the surrounding communities for over 100 years. Our commitment to providing the best banking products and services is matched only by our outstanding customer service.
(630) 854-3459 Lender's profile and map 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
(779) 252-2000 Lender's profile and map 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.