Construction Loans from Private Investors in Rochester, IL

Lendersa® offers a comprehensive list of construction loan lenders in Rochester, IL, including regional banks, national lenders, and local hard money lenders. These lenders utilize private money for ground-up construction or major rehab projects.

In Rochester, IL, lenders estimate the cost to build a 2,000 square-foot home, ranging from $207,952 for basic builds to $381,375 for more elaborate constructions. Interest rates and loan terms vary based on the borrower's financial situation, the Loan-to-Value (LTV) ratio, After Repair Value (ARV), and the chosen lender type.

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To fully address all your construction financing needs, Lendersa® AI technology instantly matches your loan request with hundreds of construction lenders. Discover exceptional construction rates to fund new builds, fix-and-flip projects, or significant rehabs on residential and commercial properties in IL.

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Keep your credit score intact by avoiding unnecessary inquiries. Preapproval for your land loan is available without needing your social security number or any sensitive financial information.

Consider qualifying for 100% LTV financing by agreeing to use additional property as collateral under a blanket loan arrangement.

Use the Lendersa® land loan calculator to find vacant land loan lenders in zip codes 62563.



Rochester Construction Loan Lenders

  • INB, N.A.
  • 322 E. Capitol Avenue, Springfield, IL, 62701
  • Lends in Illinois
  • INB offers personal and commercial banking services. The INB team works to help customers have a life free of financial hardships. We help businesses by handling financial transactions through our lockbox services so they can focus on their core operations. We also provide mortgage and commercial loans.

  • Illinois Educators Credit Union
  • 3101 Montvale Drive, Springfield, IL, 62704
  • Lends in Illinois
  • Illinois Educators Credit Union is a member-owned full-service financial cooperative with over $50M in assets serving 7,000 members. Founded in 1938, IECU operates from two locations in Springfield, Illinois and participates in the Co-Op Network, providing shared branching offices and free ATM locations across the state and country.

  • Marine Bank
  • 3050 Wabash Avenue, Springfield, IL, 62704
  • Lends in Illinois
  • Marine Bank takes an active role in building Central Illinois. We are committed to making our communities better places to live because we live here, too. We recognize that improving the vitality and quality of life in Springfield, Champaign, Bloomington-Normal, Macomb, Rushville and surrounding areas is in the best interest of our customers

  • Midland Community Bank
  • 112 Market Street, Kincaid, IL, 62540
  • Lends in Illinois
  • Midland Community Bank is a full-service community bank serving the residents of Christian and Sangamon Counties. Some of the communities served are Kincaid, Tovey, Bulpitt, Taylorville, Edinburg, Pawnee and Springfield.

    In 1966, a group of local businessmen and residents began the process to organize a community bank to serve the Midland area

  • Prairie State Bank and Trust
  • 3751 W Wabash, Springfield, IL, 62711
  • Lends in Illinois
  • Prairie State Bank & Trust is a community Bank with over $700 million in total assets, over 150 employees and 20 Bank locations throughout central Illinois. Prairie State Bank & Trust is the successor to a group of smaller community Banks acquired as early as 1968. We merged these Banks together over the past 20 years.

  • The Farmers Bank of Mt. Pulaski
  • 130 South Washington Street, Mount Pulaski, IL, 62548
  • Lends in Illinois
  • The history of The Farmers Bank of Mt. Pulaski, Illinois begins in 1872 when Leonard K. Scroggin, with the assistance of Walter Sawyer, formed a private bank, known as the Scroggin & Sawyer Bank. Mr. Scroggin was a local land owner and had a successful farming business which had grown to such an extent that he decided to open a private bank.

  • First National Bank of Pana
  • 306 S. Locust St, Pana, IL, 62557
  • Lends in Illinois
  • As one of the oldest financial institutions in Christian County the First National Bank of Pana was chartered on June 26, 1930. Local businessmen built the Bank to fill a void in the local community created by the collapse of two prior financial institutions; Schuyler State Bank and National Bank of Pana during the great depression.

  • Alliance Community Bank
  • 321 N. Sixth Street, Petersburg, IL, 62675
  • Lends in Illinois
  • Alliance Community Bank is a $325 million financial institution operating four full service bank locations in Menard and Sangamon Counties. Trust services as well as the non-insured ACB Wealth Management division compliment the full array of traditional FDIC insured banking products offered through the bank.

  • Hickory Point Bank & Trust
  • 225 North Water Street, Decatur, IL, 62523
  • Lends in Illinois
  • Hickory Point Bank is proud to call Central Illinois home. It’s that pride that shapes us and influences the way we interact with our customers and our communities. What affects you, affects us, and that includes everything from the economy to the weather to the results of last night’s games.