Demo Multifamily loan (DSCR-sized) 2
Demo Orchard Capital MarketsSpecialty Lender
Demo data
- Loan amount
- $90K – $2.7M
- Rate
- 7.66% – 11.94%
- Where
- 5 states
- Typical close
- 26 days
- Up to 80% LTV
- Min. credit 660
- Min. DSCR 1x
Multifamily Loans in Illinois
Looking for Multifamily financing in Illinois? The programs below come from lenders and brokers whose published criteria include Multifamily and who lend in Illinois, including nationwide programs. Each listing shows the published loan sizes, leverage and criteria so you can compare before you reach out.
30 active loan programs on LenderMatrix currently match Multifamily in Illinois, including nationwide programs.
Get FundingWhat Lenders Typically Require for Multifamily in Illinois
From the criteria 30 lenders have published for this page:
- Loan sizes from $60K to $60.8M
- Published maximum leverage averages 73% LTV
- Minimum DSCR around 1.08x where stated
- Indicative rates from 5.58% to 14.75%
- Typical close in about 41 days
Figures summarise what lenders list, not what any lender will offer you. Every loan is subject to the lender's own underwriting.
What to Have Ready
- Rent roll and trailing 12-month operating statement
- Purchase contract or current loan statement
- Personal financial statement and schedule of real estate owned
- Two to three years of tax returns
- Budget and timeline for any renovation or construction
Related Guides
- Mezzanine Loans and Preferred Equity: How the Capital Stack Works
- Blanket Mortgages: One Loan for Many Properties
- CMBS Conduit Loans: How They Work and Who They Fit
Questions
How do I find Multifamily lenders in Illinois?
The programs on this page come from lenders whose published criteria include Multifamily and who lend in Illinois or nationwide. Filter them, open one for its full criteria, or describe your deal once and see which programs fit.
Does a potential match mean I am approved?
No. A potential match compares your answers with the criteria a lender published. It is not an approval, a pre-approval or an offer; every lender underwrites for itself.
What does it cost?
Nothing for borrowers. There is no credit pull to search or to send a request, and your request goes only to the lenders you choose.
Results
Read as:
Demo data
- Loan amount
- $140K – $4.2M
- Rate
- 10.5% – 14.75%
- Where
- Nationwide
- Typical close
- 6 days
- Up to 73% LTV
Demo Multifamily loan (DSCR-sized) 4
Demo Quarry Equipment FinanceHard-Money Lender
Demo data
- Loan amount
- $60K – $1.9M
- Rate
- 6.78% – 9.28%
- Where
- IL, CO, MA
- Typical close
- 35 days
- Up to 83% LTV
- Min. credit 660
- Min. DSCR 1x
Demo data
- Loan amount
- $2.46M – $49.2M
- Rate
- 7.53% – 9.85%
- Where
- Nationwide
- Typical close
- 57 days
- Up to 73% LTV
Demo Mini Perm 3
Demo Ridgeway Capital MarketsFintech Lender
Demo data
- Loan amount
- $460K – $9.2M
- Rate
- 6.2% – 11.95%
- Where
- Nationwide
- Typical close
- 46 days
- Up to 66% LTV
Demo Mezzanine Debt
Demo Palmetto LendingWorking-Capital Lender
Demo data
- Loan amount
- $590K – $11.8M
- Rate
- 7.4% – 10.27%
- Where
- Nationwide
- Typical close
- 50 days
- Up to 71% LTV
Demo data
- Loan amount
- $520K – $10.4M
- Rate
- 7.65% – 9.4%
- Where
- 5 states
- Typical close
- 28 days
- Up to 70% LTV
Demo Construction loan 4
Demo Lighthouse MortgageBridge Lender
Demo data
- Loan amount
- $1.64M – $32.8M
- Rate
- 6.76% – 11.39%
- Where
- 6 states
- Typical close
- 64 days
- Up to 69% LTV
Demo data
- Loan amount
- $890K – $44.5M
- Rate
- 7.63% – 10.09%
- Where
- Nationwide
- Typical close
- 45 days
- Up to 72% LTV
- Min. DSCR 1.25x
Demo CRE bridge loan 2
Demo Sagebrush CapitalRegional Bank
Demo data
- Loan amount
- $1.15M – $28.8M
- Rate
- 9.7% – 14.43%
- Where
- Nationwide
- Typical close
- 30 days
- Up to 80% LTV
Demo Construction loan 2
Demo Meridian Capital MarketsAsset-Based Lender
Demo data
- Loan amount
- $3.04M – $60.8M
- Rate
- 7.59% – 10.85%
- Where
- 6 states
- Typical close
- 77 days
- Up to 66% LTV
Demo Mini Perm 2
Demo Riverbend Debt FundConstruction Lender
Demo data
- Loan amount
- $490K – $9.7M
- Rate
- 7.85% – 9.57%
- Where
- Nationwide
- Typical close
- 38 days
- Up to 72% LTV
Before you rely on a listing: LenderMatrix is an advertising and marketplace platform only. It is not a lender, broker, adviser or underwriter, makes no credit decisions and is not a party to any transaction. Rates, fees, terms and criteria are submitted by the lenders and brokers shown, are indicative only, may be out of date, incomplete or changed without notice, and have not been verified or endorsed by LenderMatrix. Nothing here is a rate quote, a commitment to lend, an approval, a pre-approval or an offer of credit, and a "potential match" is only an automated comparison with published criteria. All financing is subject to the lender's own application, underwriting, documentation and approval. "Featured" and "Sponsored" mark paid placement, not a recommendation.
Protect yourself: confirm every rate, fee and term in writing with the lender; check the lender's license and registration with your state regulator; get independent legal, tax and financial advice before you sign or pay anything; and never pay an upfront fee to "secure" or "guarantee" a loan. Scam prevention · Advertising disclosure · Marketplace disclaimer · Terms of Use