2026 Construction Loan Lenders for Shelbyville, Illinois
Lendersa® provides a detailed list of construction loan providers in Shelbyville, IL, featuring regional banks, national lenders, and local hard money lenders who utilize private funds for your ground-up construction or major renovation projects.
In Shelbyville, IL, lenders determine construction costs for a 2,000 square-foot home, starting at $208,458 for basic construction and increasing to $381,881 for more elaborate projects. Interest rates and the terms of construction loans vary based on the borrower's financial profile, Loan-to-Value (LTV) ratio, After Repair Value (ARV), and the chosen lender type.
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To ensure all your financing needs are catered to, Lendersa® AI technology swiftly matches your loan request with many construction lenders. You can now discover favorable construction rates to fund new builds, fix-and-flip, or significant rehabs on residential and commercial properties in IL.
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To protect your credit score, avoid unnecessary inquiries. You can gain preapproval for your land loan without exposing your social security number or sensitive financial data.
Consider qualifying for 100% LTV financing if you agree to use additional property as collateral with a blanket loan agreement.
Utilize Lendersa®'s land loan calculator to find vacant land loan lenders in zip codes 62565.
First Federal Savings and Loan Association of Central Illinois
200 N Morgan Street, Shelbyville, IL, 62565
Lends in Illinois
First Federal Savings & Loan Association of Central Illinois is the result of the merger of First Federal Savings & Loan Association of Shelbyville and Charleston Federal Savings & Loan. Both institutions were originally formed under state charters as cooperative home financing organizations to provide a safe place for their members.
Scott State Bank, originally named The Exchange Bank, was established in 1887. A. R. Scott, the founder, had an iron safe in his mill office and a number of his customers would leave money in it for safekeeping. He also cashed grain checks, and in this manner he “drifted” into the banking business.
At Community Banks of Shelby County, our industry leading consumer and business credit card products offer competitive pricing combined with a full range of reward options - making it easy to select and apply for the card that meets your needs. At COMMUNITY BANKS OF SHELBY COUNTY our Focus is You.
First State Bank of Beecher City has been providing personal service to its friends and neighbors.
Beginning as a private institution, P.R. Phillips & Co, Bankers of Beecher City started in 1907. Later in 1910, The First State Bank of Beecher City was incorporated with 14 original stockholders and began construction of a new building.
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.
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 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 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.
First Mid Bank & Trust, N.A. (“First Mid Bank”); First Mid Wealth Management Co.; and First Mid Insurance Group, Inc.First Mid is a $6.0 billion community-focused organization that provides a full-suite of financial services including banking, wealth management, brokerage, ag services, & insurance through a sizeable network of locations throughout.
