Hard Money Lenders Chicago — Close in 7 Days | Private Capital LLC
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Chicago Hard Money Lenders

Close Your Deal
in 7 Days.

Chicago's most trusted private lender for real estate investors. No income docs. All credit scores. 100% of repairs funded. Fix & flip, DSCR, bridge, and new construction — IL, IN & WI.

Get Pre-Approved → Call (312) 564-5110
500+Deals Funded
$85MCapital Deployed
7Day Avg Close
100%Repairs Funded
✓No income verification required
✓All credit scores considered
✓Close in 7 days — guaranteed
✓IL · IN · WI licensed
✓Local lender — we answer the phone
What we fund

Every Loan Type
Chicago Investors Need

From your first fix-and-flip to a 6-unit DSCR rental portfolio — same-day term sheets, no bank red tape.

01 — Fix & Flip

Fix & Flip Loans

Purchase + rehab in one loan. We fund 100% of your repair draws so you're never out of pocket. Perfect for Chicagoland rehabs of any size.

Loan amount$50K – $5M
LTVUp to 80% of purchase
Repair fundingUp to 100%
Close timeAs fast as 7 days
02 — DSCR Rental

DSCR Rental Loans

Qualify based on property cash flow, not your personal income. Build your rental portfolio without W-2s, tax returns, or bank statements.

Loan amount$75K – $3M
Min DSCR1.10x
LTVUp to 75%
Property types1–8 units
03 — Bridge

Bridge Loans

Fast capital while you wait for a refinance, sale, or long-term loan. Move without missing a deal.

Loan amount$100K – $10M
LTVUp to 70%
Term6 – 18 months
Close timeAs fast as 5 days
04 — New Construction

New Construction

Ground-up builds across Chicago and the collar counties. Milestone draw schedules and local expertise that banks don't have.

Loan amount$150K – $5M
LTCUp to 85%
Draw scheduleMilestone-based
Close time10 – 14 days
The process

From Application
to Close in 7 Days

Three steps. One local lender. No bank red tape, no surprises.

1
Day 1

Apply in 5 Minutes

Submit your deal details — no financials, no tax returns. Tell us the address, purchase price, ARV, and repair budget. We send a same-day term sheet.

2
Days 2–4

Approval & Appraisal

We order a fast appraisal, underwrite the deal (not you), and issue a commitment letter. Your numbers matter more than your credit score.

3
Days 5–7

Close & Fund

Sign at title, get your keys, and we wire the funds. Repair draws released within 48 hours of inspection sign-off. No waiting, no games.

Qualification

You Probably
Already Qualify

We've said yes to investors banks turned down. Here's what we actually look at.

  • ✓
    Real estate investment property in IL, IN, or WIResidential, multi-family, mixed-use, or commercial
  • ✓
    Deal makes sense — strong ARV and rehab planWe underwrite the deal, not your W-2 or bank statements
  • ✓
    Any credit score consideredPreferred 620+ but we've funded lower — tell us your story
  • ✓
    10% skin in the gameDown payment or equity — we can often structure around this
  • ✓
    Clear exit strategy — sell, refi, or rentWe need to understand how the loan gets repaid
  • ✓
    New investors welcomeFirst deal? We'll walk you through everything start to finish
Get Your Term Sheet Today

5 minutes. No credit pull. No commitment. We'll tell you exactly what you qualify for.

No credit check · No spam · Response within 2 hours

Deal gallery

Real Deals.
Real Results.

Chicago investors closed, funded, and cashing checks. These are their words.

"

Two banks said no before I called Private Capital. They had a term sheet in my inbox by noon. We closed 8 days later. That Pilsen 3-flat was my biggest profit deal to date.

Loan: $187,500 Close: 8 days Profit: $74,200
MR
Marcus R.Pilsen fix & flip — 3-unit
"

I own 11 doors. The DSCR program let me refinance three properties without showing a single tax return. Total game changer for portfolio growth.

Loan: $415,000 DSCR: 1.28x 3-flat
TW
Tanya W.Evanston — DSCR rental refi
"

My very first real estate deal and they walked me through everything. Closed on a Logan Square greystone in 8 days. Already under contract on my second deal.

Loan: $262,000 Close: 8 days Profit: $83,500
JC
Jordan C.Logan Square — first deal
Service area

We Know Chicago.
Every Neighborhood.

From the North Shore to the South Side — plus Indiana and Wisconsin. Local lender. Local knowledge.

Pilsen Humboldt Park Logan Square Bridgeport Austin Englewood Portage Park West Pullman South Shore Norwood Park Oak Park Evanston Westmont Skokie Berwyn Cicero Hammond IN Gary IN Kenosha WI Waukegan Joliet Elgin Naperville All Chicagoland
FAQ

Questions Chicago
Investors Ask Us

We consider all credit scores. While 620+ is preferred, we've funded deals for investors with lower scores when the deal itself is strong. We underwrite the property and your exit strategy — not just your credit history. Bankruptcies, foreclosures, and short sales can all be worked around with the right deal numbers.
No. Hard money loans are asset-based lending. We don't require W-2s, tax returns, or bank statements for fix & flip or bridge loans. For DSCR rental loans, qualification is based on the property's rental income — still no personal income verification required.
Yes — 7 days is our average close time, not a marketing promise. Our fastest close was 4 days for an experienced investor on a straightforward deal. The key: submit a complete deal package on day one and respond quickly to our questions.
Rates vary by loan type, LTV, and deal specifics. Investor Gold (680+ FICO) runs 7–8%. Investor Silver (640–679) runs 10–12%. Investor Bronze (580+) runs 13–16%. Every deal is priced individually — submit your deal and we'll give you an exact term sheet the same day, no obligation.
We fund both purchase and rehab in one loan. For the renovation budget, we can fund up to 100% of approved repair costs, disbursed in draws tied to inspection milestones. Draw funds are released within 48 hours of sign-off.
Absolutely. Some of our best long-term borrowers were first-timers on deal #1. We'll walk you through the process start to finish. The numbers just need to make sense — a solid ARV, a reasonable rehab budget, and a clear exit strategy.
Investor programs

A Program for
Every Investor

From first-time flippers to seasoned portfolio builders.

Investor Gold
Gold
680+ FICO · 75% LTV
7–8%
interest rate
  • Best available rates
  • 75% LTV of purchase + repairs
  • 6 months reserves required
  • Rehab experience preferred
Apply Now →
Investor Silver
Silver
640–679 FICO · 70% LTV
10–12%
interest rate
  • Competitive rates
  • 70% LTV of purchase + repairs
  • 3 months reserves
  • 1–3 deals experience
Apply Now →
Investor Bronze
Bronze
580+ FICO · 65% LTV
13–16%
interest rate
  • All credit scores welcome
  • 65% LTV of purchase + repairs
  • Rehab funds escrowed
  • BK & short sale OK
Apply Now →

Ready to move fast?

Your Next Deal Won't Wait.
Neither Will We.

Submit your deal and get a same-day term sheet from Chicago's fastest hard money lender. No credit pull. No commitment.

Get Pre-Approved Today → (312) 564-5110
ChicagoRehabLoans

Private Capital LLC — Chicago's fastest hard money lender for real estate investors. Fix & flip, DSCR, bridge, and new construction loans across Chicagoland, Indiana, and Wisconsin.

(312) 564-5110
info@chicagorehabloans.com
Chicago, Illinois · IL · IN · WI
Loan Types
  • Fix & Flip Loans
  • DSCR Rental Loans
  • Bridge Loans
  • New Construction
Resources
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  • Hard Money Chicago
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Private Capital LLC is a private lender. All loans subject to underwriting approval. Not a bank or depository institution. Rates and terms vary by deal and borrower qualifications. Licensed in Illinois, Indiana, and Wisconsin. This is not a commitment to lend.

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