Construction Loans from Private Investors in Olney, IL

Lendersa® provides a comprehensive list of construction loan lenders available in Olney, IL. This list includes regional banks, national lenders, and local hard money lenders that utilize private funds to finance ground-up construction or major rehabilitations.

In Olney, IL, lenders estimate the construction cost for a 2,000 sq. ft. home, costing between $209,646 for more basic builds up to $383,069 for more lavish constructions. The interest rates and loan terms are variable, depending on the borrower's financial situation, loan-to-value (LTV) ratios, after-repair values (ARV), and the type of lender chosen.

Compare offers from 100 different lenders to find the best financial solution.

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Lendersa®'s AI technology efficiently matches your loan requests with hundreds of construction lenders, ensuring all your financing needs are fulfilled. Uncover competitive construction rates that can fund various projects, from ground-up builds to fix-and-flip undertakings, across residential and commercial properties in IL.

Construction Loan Lenders Near You

To protect your credit score, be sure to avoid unnecessary inquiries. Secure preapproval for your land loan without the need to disclose your social security number or any sensitive financial details.

You might qualify for 100% LTV financing by pledging additional property as collateral under a blanket loan agreement, giving you increased financial flexibility.

Use Lendersa®'s land loan calculator to discover vacant land loan providers in the zip codes 62450 to ensure you obtain the best financial options available.



Olney Construction Loan Lenders

  • 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.

  • 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.

  • 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.

  • 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!

  • 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.

  • 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

  • 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.

  • 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.

  • 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.