Lenders using AI on vacant land in Bloomingdale, IL 2026!
Browse and compare offers from 261 land loan lenders operating in Bloomingdale, IL.
The average price for an acre of land in IL is $60,385. For undeveloped land, the loan-to-value (LTV) ratio lies between 18.25% and 71.73%, while for developed land, it is estimated between 37.59% and 76.75%.
The true value and loan LTV of any land depends on its location, size, topography, zoning, and any entitlements applied to the property.
Explore your land loan options and rates by reaching out to the leading land loan lender in Bloomingdale, IL.
With Lendersa® AI technology, your loan request is instantly paired with hundreds of direct hard money lenders, meeting all your needs. Discover the best land loan rates today for financing any vacant land or land plus construction in IL.
Understanding Land Loans and Their Value
Keeping unnecessary inquiries to a minimum helps maintain your credit score. You can obtain preapproval for your land loan without needing to provide your social security number or any sensitive financial information.
Both construction and blanket loans are essential in vacant land lending. You might qualify for 100% LTV financing by offering additional property as security (blanket loan).
Exploring Nearby Hard Money Lending?
Finding a private investor through a local hard money broker significantly enhances your chances of getting a loan. Land loans in Bloomingdale, IL are best arranged by local lenders who understand the neighborhood. Proximity between the investor and the property improves approval odds and speeds up funding.
Use the Lendersa® land loan calculator to locate vacant land loan lenders in the zip codes 60108, 60117.
Farmers-Merchants Bank of Illinois, formerly known as Joy State Bank and Farmers-Merchants National Bank of Paxton, has served Illinois communities for more than 100 years. We strive to maintain the values that have driven the bank’s longevity: friendly customer service and a wide range of valuable products and services.
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.
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.
On August 1st, 1870, the private banking firm of Petefish, Skiles & Co. Bank opened its doors for business in Virginia, IL. Samuel H. Petefish, Ignatius Skiles and Jacob Epler, all prominent local businessmen, started the firm with Richard Elliott as cashier. Mr. Epler retired after the first year and George Virgin was admitted to the firm.
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.
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!
On January 10, 1903, Theodore S. Chapman, Frederick Jacobs, Joseph R. Fulkerson, and Allen M. Slaten were granted permission to organize a bank to be known as the Jersey State Bank with capital stock of $25, 000.On January 28, 1903 Jersey State Bank opened its door for business at 123 West Pearl Street in Jerseyville
The Bank of O’Fallon has been proudly serving the needs of O’Fallon, Shiloh and the surrounding areas since 1959. It stands as one of the oldest businesses in O’Fallon and is committed to the future of the metro east as the area continues to grow. Please stop in today or give us a call to see what we can do for you.
Since 1906, our bank has been serving Jefferson County, Illinois. From 1906 to 2008, we operated as First National Bank which was originally chartered in Woodlawn, IL. We are proud to have been the only national bank to survive the Depression in Jefferson County, and we’re proud of our history of service to Jefferson County.
