6 Construction Loan Lenders with AI in Springfield, Illinois 2026

With Lendersa®, discover a selection of construction loan lenders in Springfield, IL, including regional banks, national institutions, and local hard money lenders who use private funds for your new builds or extensive renovations.

In Springfield, IL, lenders will calculate the construction cost of a 2,000 square foot home, ranging from $212,286 for basic builds to $385,709 for more luxurious projects. Terms and interest rates on these loans are influenced by borrower financials, LTV, ARV, and the chosen lending institution.

Explore loan options from 100 different lenders

The Amazing Construction Loan Calculator

With Lendersa®’s advanced AI technology, connect instantly with hundreds of construction lenders to cover all your financing needs. Easily find optimal construction rates for new builds, fix N flips, or significant rehabs on both residential and commercial properties throughout IL.

Looking for Local Construction Loan Lenders?

By reducing unnecessary inquiries, you can maintain your credit score. Secure land loan preapproval without providing your social security number or other private information.

If you agree to use additional properties as collateral (i.e., a blanket loan), you might be eligible for 100% LTV (Loan to Value) financing.

Companion the Lendersa® land loan calculator to locate vacant land loan providers within the zip codes 62711.



  • Liberty Bank
  • 2403 Homer M Adams Pkwy, Alton, IL, 62002
  • Lends in Illinois
  • Liberty Bank, headquartered in Alton, Illinois, was founded by area businessmen in 1994. Expanding to Godfrey in 1997 and Bethalto in 2006, it has since grown to include a total of four locations serving Madison County. In 2017, Liberty Bank joined United Community Bank and now includes more than 100 Bank & ATM locations

  • Preferred Mortgage, Inc.
  • 2375 C Homer Adams Pkwy, Alton, IL, 62002
  • Lends in Illinois
  • At Preferred Mortgage, Inc., offers the best services in mortgage financing at the lowest cost to you. We make the process of securing a mortgage simple and straightforward by offering you the latest in financial tools that enable you to make sound choices. As full-service mortgage brokers, we offer a wide range of loans from government (VA, FHA)

  • First State Bank of Beecher City
  • 101 South Charles Street, Beecher City, IL, 62414
  • Lends in Illinois
  • 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.

  • 1ST MIDAMERICA CREDIT UNION
  • 1702 Troy Road, Edwardsville, IL, 62025
  • Lends in Illinois
  • 1st MidAmerica Credit Union has been helping families achieve their financial goals. 1st MidAmerica is a not-for-profit financial cooperative dedicated to the financial success of its members. 1st MidAmerica is a full service financial institution offering mortgages, auto loans, checking accounts, money markets, certificates and more

  • First State Bank of Bloomington
  • 204 North Prospect Road, Bloomington, IL, 61704
  • Lends in Illinois
  • First State Bank of Bloomington is unique because we’re 100% employee-owned. If that sounds uncommon, it’s because our ownership structure is extremely rare. In fact, industry analysts have estimated that fewer than 10 banks across the country have a similar structure to ours.We have the attitude & the commitment to make you financially successful.

  • Team USA Mortgage
  • 1709 Tullamore Ave, Suite D, Bloomington, IL, 61704
  • Lends in Illinois
  • "Team USA Mortgage is a national mortgage company offering retail mortgages and employment opportunities for qualified groups and individuals.

    Team USA Mortgage is committed to serving customers in all licensed states. Our core values of Honesty, Integrity, and Transparency flow from the corporate office

  • Goodfield State Bank
  • 201 S. Eureka Street, Goodfield, IL, 61742
  • Lends in Illinois
  • In December of 1914, W.R. Simpson, Byron Colburn, and S. E. Naffziger founded Goodfield State Bank in Mr. Naffziger’s country store. Patrons conducted banking business in one corner of the store until a building was completed in 1915.

    Goodfield State Bank was officially incorporated in the State of Illinois in December of 1920

  • Farmington Bank
  • 16 N Main St, Farmington, IL, 61531
  • The term ""individual independence"" has been associated with and intertwined with Farmington and its development since before the city was platted in 1834.

    A small band of Pottawatomi Indians, tired of continual warring and bloodshed, showed their independence when they left the rest of their tribe and settled in what is now Farmington