Construction loans with AI in Mendota, IL [2025 list]

In the city of Mendota, located in IL, Lendersa® offers a comprehensive list of construction loan providers. This selection includes regional banks, national lending institutions, and local hard money lenders employing private funds for ground-up construction projects or significant rehabilitation efforts. It's designed to meet the diverse needs of borrowers seeking funding for various types of construction or renovation projects.

Lenders assess the construction costs for building a 2,000 square foot home in Mendota, IL, which range from $209,195 for standard basic construction to $382,618 for more elaborate and luxurious projects. The interest rates and terms available for construction loans can vary substantially based on several factors, including the financial situation of the borrower, the Loan-to-Value (LTV) ratio, After-Repair Value (ARV), and the specific lender chosen by the borrower.

The advanced construction loan calculator

Leveraging the latest Lendersa® AI technology, your loan request can be instantly matched with a wide array of construction lenders, ensuring all your financing needs are met effectively and expediently. This advanced tool allows you to discover superior construction rates which are ideal for funding new builds, fix-and-flip projects, or extensive renovations on both residential and commercial properties located within the state of IL.

Searching for local construction loan lenders?

By limiting unnecessary inquiries, you can better maintain your credit score. Secure preapproval for your land loan without needing to share your social security number or other sensitive financial information, thus safeguarding your private data.

If you're open to offering additional property as collateral, you may qualify for 100% LTV (Loan to Value) financing by pledging extra property as security through a blanket loan agreement, which provides additional financial flexibility.

Utilize the Lendersa® land loan calculator to locate potential lenders offering vacant land loans in designated zip codes 61342, helping you find the financial support you need in your specific area.

(513) 247-0300 Lender's profile and map Reviews Union Savings Bank 8534 E. Kemper Rd., Cincinnati, OH, 45249 At Union Savings Bank, we believe that buying a home should be affordable for all of our neighbors. Providing a high-quality home mortgage lending and servicing experience is at the root of everything we do. It’s the reason we are the #1 mortgage lender in the communities we serve. We funded more than $6.2 billion
(513) 613-4834 Lender's profile and map Reviews Cinfed Credit Union 4801 Kennedy Avenue, Cincinnati, OH, 45209 Our family approach to business is built on a foundation of personal service, trusted care, and the belief that our bottom line succeeds only when you do. Our full range of comprehensive programs gives you the most options, with the best rates, to take your dreams of today and turn them into the realities of tomorrow.
(513) 313-7899 Lender's profile and map Reviews Zipfel Capital 3440 Edwards Rd, Cincinnati, OH, 45208 We’re connected to countless lending institutions. We’re obligated to none. Building, buying, refinancing, investing both residential and commercial: put your confidence in Zipfel Capital. As a broker, we leverage our network and expertise to connect you with the right lender. Michael Zipfel, the founder and President of Zipfel Mortgage Group
(573) 334-9000 Lender's profile and map Reviews First Missouri State Bank of Cape County 2 South Mount Auburn Road, Cape Girardeau, MO, 63703 We are a community bank committed to providing high quality service to our customers and an excellent working environment for our employees and are actively involved in the communities that we serve. We offer a wide range of traditional depository products, mortgage loans, business and consumer loans, online banking and mobile banking.
(573) 381-0000 Lender's profile and map Reviews The Mortgage Place, LLC 2511 Independence, Suite 400, Cape Girardeau, MO, 63703 The Mortgage Place is a local start-up that began in Cape Girardeau’s Marquette Tech District as a member at Codefi. The Mortgage Place leverages sophisticated technology developed by NexSpring to give borrowers hundreds of home loan options when purchasing, refinancing, constructing or obtaining a reverse mortgage.
(810) 715-3542 Lender's profile and map Reviews ELGA Credit Union 2305 S. Center Rd., Burton, MI, 48519 We are a not-for-profit cooperative; formed, owned and operated for a single purpose: members helping members. We have a proud tradition of service to our members since 1951. ELGA Credit Union had a humble beginning, helping Consumers Energy employees that were paid below the average of other industrial workers in the 1940’s and 50’s.
(507) 744-2361 Lender's profile and map Reviews Frandsen Bank & Trust 116 Central St W, Lonsdale, MN, 55046 Frandsen Bank & Trust is a full-service community Bank with offices in Minnesota, North Dakota, and Wisconsin. Our complete selection of Banking products and services is delivered with superior customer service. We proudly offer business and personal Banking solutions along with wealth management trust* services.
(989) 684-1873 Lender's profile and map Reviews COPOCO Community Credit Union 4265 Wilder Road, Bay City, MI, 48706 COPOCO Community Credit Union is a credit union, not a bank. What's the difference? The difference is the credit union exists out of an International social purpose of people helping people. Credit unions are not for profit, not for charity, but for service decisions made based on what is best for the credit union members
(734) 721-5700 Lender's profile and map Reviews Wayne Westland Federal Credit Union 500 S. Wayne Rd, Westland, MI, 48186 Wayne Westland Federal Credit Union began in 1954 based on the credit union “people helping people” philosophy. As a community-chartered credit union, we put our members first in all we do. We’re not like a typical bank. WWFCU is not-for-profit, which means all of our earnings go back to you.