2026 Construction Loans in Newton, Illinois

Lendersa® offers a comprehensive list of construction loan lenders in Newton, IL. This includes regional banks, national lenders, and local hard money lenders who employ private funds for ground-up projects or extensive rehabs.

Within Newton, IL, lenders calculate the construction cost for building a 2,000 square foot home. The cost ranges from $207,490 for basic construction to $380,913 for more luxurious builds. Interest rates and loan terms vary based on borrowers' financial health, loan-to-value ratio (LTV), after-repair value (ARV), and the type of lender.

Discover the power of the construction loan calculator

Lendersa® uses advanced AI technology to meet all your construction financing needs by aligning your loan request with an array of construction lenders. Discover optimal construction rates for funding new builds, fix-and-flip projects, or substantial rehabs for residential and commercial properties in IL.

Looking for construction loan lenders in your area?

Minimizing unnecessary inquiries is crucial for preserving your credit score. Obtain preapproval for your land loan without needing to provide your social security number or any sensitive financial information.

You could qualify for 100% LTV (Loan to Value) financing by using additional property as collateral, sometimes referred to as a blanket loan.

Explore the Lendersa® land loan calculator to find vacant land loan lenders within zip codes 62448.

Newton Construction Loan Lenders
(618) 783-2321 Lender's profile and map The Peoples State Bank of Newton, Illinois 104 West Washington Street, Newton, IL, 62448 Lends in Illinois The Peoples State Bank of Newton, the oldest financial institution in Jasper County, was organized under the Illinois state banking laws on May 01, 1875, as People’s Bank. The first directors were Bernard Faller, Simpson Johnson, Aloysius Boos, John Mason, Joseph Boos, John A. Brown, St. Clair Andrews and Anthony Litzelman.
(217) 925-2265 Lender's profile and map Dieterich Bank 101 S Main St, Dieterich, IL, 62424 Lends in Illinois We are a community bank, with community values. Our employees are your friends and neighbors, which is why we are so passionate about helping our customers and the communities we serve. Live for Today. Bank for Tomorrow. We’ve served the people of Illinois for over 100 years. Now, the good people of Edwardsville are also in those ranks!
(217) 857-3166 Lender's profile and map Teutopolis State Bank 106 East Main St., Teutopolis, IL, 62467 Lends in Illinois Since our inception on October 4th 1913, Teutopolis State Bank has been a fixture on Main Street in Teutopolis, Illinois. Over the years, we have helped local businesses, individuals, and families develop, grow, and sustain prosperity through our wide range of financial services.
(618) 395-8541 Lender's profile and map First National Bank in Olney 101 E. Main St., Olney, IL, 62450 Lends in Illinois The First National Bank in Olney is an independent, locally owned and managed provider of financial services that is dedicated to serving Richland, Clay, Crawford and Jasper Counties with quality products and services designed to maintain a profitable relationship with its customer base, and to support our role in attracting.
(217) 347-7173 Lender's profile and map Washington Savings Bank 200 South Banker Street, Effingham, IL, 62401 Lends in Illinois In 1883, a group of men got together, to establish an organization whose primary purpose was to help its members purchase homes. The mission of Washington Savings Bank is to be a financially strong, progressive bank, serving our customers by providing quality, professional and innovative products and services they need and want, in a safe
(800) 305-7751 Lender's profile and map Crossroads Bank 2000 S Banker Street, Effingham, IL, 62401 Lends in Illinois Crossroads Bank was founded in the midst of that growth. Chartered in 1973 and opened in 1974 on South Banker Street in front of the new shopping mall, the bank grew quickly. As Crossroads Bank grew, a second facility was built in 1987 on Keller Drive, making banking convenient for all of the bank’s customers.
(855) 696-4352 Lender's profile and map Midland States Bank 1201 Network Centre Drive, Effingham, IL, 62401 Lends in Illinois Midland States Bancorp, Inc. is a community-based financial holding company headquartered in Effingham, Illinois, and is the sole shareholder of Midland States Bank. As of September 30, 2021, the Company had total assets of approximately $7.09 billion, and its Wealth Management Group had assets under administration of approximately $4.06 billion.
(217) 932-2136 Lender's profile and map Casey State Bank 305 North Central Avenue, Casey, IL, 62420 Lends in Illinois Casey State Bank serves the agriculture, oil, and consumer markets located in the Clark, Crawford, Henderson, and Lawrence Counties. Casey State Bank has 8 branches to assist customers with their financial needs. At Casey State Bank we are deeply rooted in the communities we serve. We have been family owned and operated since 1968.
(217) 932-4048 Lender's profile and map First Neighbor Bank, National Association 918 IL-49, Casey, IL, 62420 Lends in Illinois First Neighbor Bank, N.A. is proud to be in your communities, owned and operated by your neighbors and working together to serve you. While staying current with technologies, we institute a philosophy of old-fashioned banking. We strive daily to remain on a first name basis with our customers.
(618) 662-4441 Lender's profile and map Flora Bank and Trust 1478 N. Worthey St, Flora, IL, 62839 Lends in Illinois In 1977, a group of area business people noticed that Flora, Illinois had limited choices when it came to financial institutions. These business leaders from Flora and the surrounding communities came together and, on January 19, 1978, Flora Bank & Trust opened for business in a temporary banking facility located at 1010 West North Avenue in Flora.