Real Estate Loans In Chicago
Chicago is our hometown; we have been headquartered here since we were founded in 2011. Our reach is far and wide, extending from the city limits to the suburban neighborhoods.
Real Estate Loans in Chicago
Chicago is our home town. Renovo has been here since we were founded in 2011. Our reach is far, so if your project is outside the city limits, we can make it work.
Our understanding of real estate investing in Chicago provides insight into larger economic investments and trends. Layered with historical data and real-time boots-on-the-ground insight, Renovo investors receive the benefit of improved decision making and the flexibility to get into transitioning markets faster. When you’re looking for the real estate loans Chicago investors trust, whether it’s a rehab, rental, new construction or multi-family loan, Renovo is here.
Whether you’re looking for fix-and-flip loans or the perfect financing to rehab and rent, our rehab loans can suit your needs. These short-term loans of 6 to 24 months provide the ideal bridge funding before you sell or refinance into a mortgage.
Rental "Term" Loans
If you’re building a portfolio of investment properties, you will need the right kind of financing. Our rental loans offer the maximum flexibility of 5-year to 30-year terms and full amortization. We’re happy to help you finance the initial purchase, refinance existing loans and even cash-out.
New Construction Loans
As relationship-based lenders – not asset-based lenders – we can help you finance your multifamily property investment plans. We offer financing on 5 to 30 units and a variety of short-term and long-term loan options, including rehab, new construction and rental loans.
Your Local Chicago Lenders
Chief Lending Officer, Co-Founder
Managing Director, Chicago
An Established Footprint
We believe local lending, with CDFI loans and more, plays an important role in generating economic growth and opportunity in Chicago’s communities. Renovo’s support of entrepreneurs, with a proven track record of rehabbing, developing, and operating single-family and multifamily housing, is enabled by our in-depth understanding of the markets we live in and lend in.
Our timeline starts with a letter of intent and moves quickly through processing and underwriting, taking clients to closing as soon as possible. This enables us to play a vital role in supporting the real estate investors who are not only committed to transforming neighborhoods, but want to make a profit, too.
Renovo’s local lenders are in-person and on-site with expert market knowledge and insights. Paired with the pricing of a national lender, you get the best of both worlds.
One Stop Shop
With in-house servicing and a full suite of loan options, Renovo is your one stop shop from one project to the next. Grow your portfolio of investment properties today.
At Renovo, we will help you close quickly and have access to draws in 24 to 48 hours for your real estate investment loans because, in real estate, timing is everything.
We don’t do “one size fits all,” because in this industry, it doesn’t. Our lenders will listen to your specific needs and work with you to help you achieve your unique goals.
222 W. Adams St, Chicago, IL 60606