Private Lending Group

18W140 Butterfield Rd., Villa Park, IL, 60181  

We are income or credit driven for our loans. These loans are perfect for investment projects or cash out on free and clear properties. Most loans close in 7-14 days. All loans will be considered, and are based on EQUITY, exit strategy, value, and ability to demonstrate repayment of the loan.


We have the only nationwide asset based hard money loan program. We do not look at income or credit on our hard money loans. These are for hard money investment projects or cash out on free and clear properties. Most loans close in 7-14 days
We have a nationwide asset based hard money loan program.
All loans will be considered, and are based on exit strategy, value, and ability to demonstrate repayment of the loan; hard backed by the value of the property, flexible on credit worthiness of the borrower.
The loan-to-value for hard money is typically 65-75%. We lend up to 75% of the purchase price and repairs. Interest rates for hard money loans are 10% - 15%. These loans are Interest-Only. We offer 1-2 year term on all hard money loans, with an option for 1 additional year. We require a minimum $80,000 property value.


LENDING PROFILE

Private Lending Group arranges the following loan types:
  • RESIDENTIAL: Hard Money , FHA , Construction loans , Fix and Flip , Portfolio
  • COMMERCIAL: Hard Money , Construction
  • LAND: Hard Money , Construction , Portfolio
Lending territories: IL

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