Illinois Rental Loans

Rental Loans in Illinois

[State] property investors secure meaningful advantages through Watermen Capital's specialized rental loans designed for the varying market conditions found throughout the state. Our rental financing programs serve landlords across Illinois's urban areas, suburban communities, and developing regions with solutions specifically created for income property acquisition and optimization. As dedicated rental property lenders with in depth knowledge of Illinois's diverse rental landscapes, we structure loans for single family homes through eight unit buildings that address local economic factors and resident demographics. This regionally tailored approach to rental loans helps investors construct strategically balanced portfolios across Illinois's different real estate environments without traditional borrower income restrictions.


Our Illinois Rates

  • Single Family Homes, Condominiums and Multifamily Apartments
  • Loan Amount - $75,000 to $2,500,000+ per property
  • Interest Rates - Starting at 5.625%
  • Interest Only or Fully Amortizing Loans
  • Loan Term - 30 Years (3, 5, 7, 10 Years Available)
  • Loan Advance - Up to 80% of Purchase Price and 80% of As Is Value for Acquisitions, and up to 80% for Refinance

Watermen Capital delivers rental loans with regionally optimized underwriting criteria designed specifically for property investors throughout Illinois. Our rental financing programs support both purchasing and refinancing of residential income properties and small multifamily buildings across diverse market environments, from downtown districts to suburban communities and rural settings. Whether maintaining stabilized properties or implementing enhancement strategies to increase rental revenue, we provide dependable rental loans structured around the economic realities of each regional market. Partner with Watermen Capital, your dedicated rental property lender for investment properties throughout Illinois, offering the specialized financing expertise essential for building enduring wealth through strategically positioned real estate portfolios.

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Fix and Flip Profit Analyzer

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Rental Yield Analyzer

Analyze your Estimated Annualized ROI on your next Rental Property! Analyze

Refinance Analyzer

Analyze the Cash-out on Your Next Refinance! Analyze

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Call Us Today: (949) 785-5150

Where We Lend

Where We Lend Map

Watermen currently lends on residential properties in Alabama, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Mississippi, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, Wisconsin, and Wyoming.

Watermen is not currently licensed in AZ, ID, MN, ND, NV, OR, SD, UT or VT. Watermen Capital LLC is licensed or exempt from licensing in all other states. Your annual percentage rate may be increased after the fixed-rate period expires. Loans are subject to additional underwriting criteria.