Multifamily & Apartment Financing in Illinois

Commercial Loan Direct (CLD) provides apartment loans in Illinois. Current apartment loan rates in Illinois range from 4.6% to 16.01%, depending on the loan program. CLD originates multifamily mortgages for its parent company CLD Financial. CLD offers competitive pricing, professional mortgage specialists, and quick execution on multifamily mortgages. Our firm is currently offering the following lending products for multifamily mortgages: Conventional, FHA, Freddie Mac, Fannie Mae, Conduit, Conventional, and hedge funds. We also provide other types of commercial loans in Illinois.

Illinois Flag

Illinois Multifamily Loan Rates & Information

Multifamily Loan Types Average Illinois Rates LTV Loan Amount
Fannie Mae (FNMA) 0.01% - 5.43% 80% $750,000+
Freddie Mac (FHLMC) 4.63% - 5.19% 80% $1,000,000+
FHA / HUD 4.49% - 5.34% 83.3% $5,000,000+
Conduit / CMBS 5.49% - 6.61% 75% $2,000,000+
Insurance 4.94% - 7.19% 75% $5,000,000+
USDA 5.60% - 8.60% 85% $1,000,000+
Bridge 7.01% - 16.01% 80% $1,500,000+
Construction 7.10% - 12.10% 83.3% $1,000,000+
Conventional 5.01% - 7.94% 80% $1,000,000+

Apply for an Apartment Loan in Illinois

Note: The commercial mortgage rates displayed in this website should be used as a guideline and do not represent a commitment to lend. Commercial Loan Direct and CLD Financial, LLC are not liable for any commercial mortgage interest rate or data entry errors that might affect the displayed commercial loan rates. Commercial loan rates may change at any time and without notice.

Locations Served in IL

We are proud to be serving the state of Illinois. Here are our commercial loan statistics for this state.

Illinois Cities and Towns Served

128

Illinois Economic Data

Please note that commercial loan rates are dependent on the market. We have provided market data for IL below to help you understand what kind of market you are in. Simply click one of the options below to see the data for your state. Economic data reports provided by Data USA.

Economy

Housing

Lending Cities

Commercial loan direct provides services in the following Illinois cities. Please note we may be able to provide services in other cities as well by request. Rates are dependent on the market in your locale, feel free to use the provided Illinois economic reports to get a better understanding of your market.

  • Abingdon
  • Adams County
  • Addison
  • Albany Park
  • Albers
  • Albion
  • Aledo
  • Alexander County
  • Algonquin
  • Alorton
  • Alsip
  • Altamont
  • Alton
  • Amboy
  • Andalusia
  • Anna
  • Antioch
  • Arcola
  • Arlington Heights
  • Arthur
  • Ashburn
  • Ashland
  • Assumption
  • Astoria
  • Athens
  • Atlanta
  • Atwood
  • Auburn
  • Auburn Gresham
  • Aurora
  • Aviston
  • Avondale
  • Bannockburn
  • Barrington
  • Barrington Hills
  • Barry
  • Bartlett
  • Bartonville
  • Batavia
  • Beach Park
  • Beardstown
  • Beckemeyer
  • Beecher
  • Belleville
  • Bellevue
  • Bellwood
  • Belmont Cragin
  • Belvidere
  • Bement
  • Benld
  • Bensenville
  • Benton
  • Berkeley
  • Berwyn
  • Bethalto
  • Bethany
  • Big Rock
  • Bloomingdale
  • Bloomington
  • Blue Island
  • Blue Mound
  • Bolingbrook
  • Bond County
  • Boone County
  • Boulder Hill
  • Bourbonnais
  • Bradley
  • Braidwood
  • Breese
  • Bridgeport
  • Bridgeview
  • Brighton
  • Brighton Park
  • Broadview
  • Brookfield
  • Brown County
  • Buffalo Grove
  • Bull Valley
  • Bunker Hill
  • Burbank
  • Bureau County
  • Burnham
  • Burr Ridge
  • Bushnell
  • Byron
  • Cahokia
  • Cairo
  • Calhoun County
  • Calumet City
  • Calumet Park
  • Cambria
  • Cambridge
  • Camp Point
  • Canton
  • Capron
  • Carbon Cliff
  • Carbondale
  • Carlinville
  • Carlyle
  • Carmi
  • Carol Stream
  • Carpentersville
  • Carrier Mills
  • Carroll County
  • Carrollton
  • Carterville
  • Carthage
  • Cary
  • Casey
  • Caseyville
  • Cass County
  • Catlin
  • Central City
  • Centralia
  • Centreville
  • Cerro Gordo
  • Champaign
  • Champaign County
  • Channahon
  • Channel Lake
  • Charleston
  • Chatham
  • Chatsworth
  • Chebanse
  • Chenoa
  • Cherry Valley
  • Chester
  • Chicago
  • Chicago Heights
  • Chicago Lawn
  • Chicago Loop
  • Chicago Ridge
  • Chillicothe
  • Chrisman
  • Christian County
  • Christopher
  • Cicero
  • Clarendon Hills
  • Clark County
  • Clay County
  • Clifton
  • Clinton
  • Clinton County
  • Coal City
  • Coal Valley
  • Cobden
  • Colchester
  • Coles County
  • Colfax
  • Collinsville
  • Colona
  • Columbia
  • Cook County
  • Cortland
  • Country Club Hills
  • Countryside
  • Crainville
  • Crawford County
  • Crest Hill
  • Crestwood
  • Crete
  • Creve Coeur
  • Crystal Lake
  • Crystal Lawns
  • Cuba
  • Cumberland County
  • Danvers
  • Danville
  • Darien
  • Davis Junction
  • De Soto
  • De Witt County
  • Decatur
  • Deer Park
  • Deerfield
  • DeKalb
  • DeKalb County
  • Delavan
  • Depue
  • Des Plaines
  • Diamond
  • Divernon
  • Dixmoor
  • Dixon
  • Dolton
  • Douglas
  • Douglas County
  • Downers Grove
  • Du Quoin
  • Dunlap
  • DuPage County
  • Dupo
  • Durand
  • Dwight
  • Earlville
  • East Alton
  • East Dubuque
  • East Dundee
  • East Garfield Park
  • East Hazel Crest
  • East Moline
  • East Peoria
  • East Saint Louis
  • Edgar County
  • Edgewater
  • Edinburg
  • Edwards County
  • Edwardsville
  • Effingham
  • Effingham County
  • El Paso
  • Elburn
  • Eldorado
  • Elgin
  • Elizabethtown
  • Elk Grove Village
  • Elmhurst
  • Elmwood
  • Elmwood Park
  • Elwood
  • Energy
  • Englewood
  • Erie
  • Eureka
  • Evanston
  • Evergreen Park
  • Fairbury
  • Fairfield
  • Fairmont
  • Fairmont City
  • Fairview Heights
  • Farmer City
  • Farmington
  • Fayette County
  • Fisher
  • Flanagan
  • Flora
  • Flossmoor
  • Ford County
  • Ford Heights
  • Forest Lake
  • Forest Park
  • Forrest
  • Forreston
  • Forsyth
  • Fox Lake
  • Fox Lake Hills
  • Fox River Grove
  • Frankfort
  • Frankfort Square
  • Franklin County
  • Franklin Park
  • Freeburg
  • Freeport
  • Fulton
  • Fulton County
  • Gage Park
  • Gages Lake
  • Galena
  • Galesburg
  • Gallatin County
  • Galva
  • Gardner
  • Geneseo
  • Geneva
  • Genoa
  • Georgetown
  • Germantown
  • Germantown Hills
  • Gibson City
  • Gifford
  • Gilberts
  • Gillespie
  • Gilman
  • Girard
  • Glasford
  • Glen Carbon
  • Glen Ellyn
  • Glencoe
  • Glendale Heights
  • Glenview
  • Glenwood
  • Godfrey
  • Golconda
  • Goodings Grove
  • Goreville
  • Grand Boulevard
  • Grandview
  • Grandwood Park
  • Granite City
  • Grant Park
  • Granville
  • Grayslake
  • Grayville
  • Greater Grand Crossing
  • Green Oaks
  • Green Rock
  • Greene County
  • Greenfield
  • Greenup
  • Greenville
  • Gridley
  • Griggsville
  • Grundy County
  • Gurnee
  • Hainesville
  • Hamilton
  • Hamilton County
  • Hampshire
  • Hampton
  • Hancock County
  • Hanna City
  • Hanover Park
  • Hardin
  • Hardin County
  • Harrisburg
  • Harristown
  • Hartford
  • Harvard
  • Harvey
  • Harwood Heights
  • Havana
  • Hawthorn Woods
  • Hazel Crest
  • Hebron
  • Henderson County
  • Hennepin
  • Henry
  • Henry County
  • Heritage Lake
  • Herrin
  • Herscher
  • Heyworth
  • Hickory Hills
  • Highland
  • Highland Park
  • Highwood
  • Hillcrest
  • Hillsboro
  • Hillside
  • Hinckley
  • Hinsdale
  • Hodgkins
  • Hoffman Estates
  • Holiday Shores
  • Homer
  • Homer Glen
  • Hometown
  • Homewood
  • Hoopeston
  • Hudson
  • Huntley
  • Hyde Park
  • Ina
  • Indian Head Park
  • Ingalls Park
  • Inverness
  • Iroquois County
  • Irving Park
  • Island Lake
  • Itasca
  • Jackson County
  • Jacksonville
  • Jasper County
  • Jefferson County
  • Jerome
  • Jersey County
  • Jerseyville
  • Jo Daviess County
  • Johnsburg
  • Johnson County
  • Johnston City
  • Joliet
  • Jonesboro
  • Justice
  • Kane County
  • Kankakee
  • Kankakee County
  • Kendall County
  • Kenilworth
  • Kenwood
  • Kewanee
  • Kildeer
  • Kincaid
  • Kingston
  • Kirkland
  • Knollwood
  • Knox County
  • Knoxville
  • La Grange
  • La Grange Park
  • La Harpe
  • La Salle
  • Lacon
  • Ladd
  • Lake Barrington
  • Lake Bluff
  • Lake Camelot
  • Lake Catherine
  • Lake County
  • Lake Forest
  • Lake Holiday
  • Lake in the Hills
  • Lake of the Woods
  • Lake Summerset
  • Lake Villa
  • Lake Zurich
  • Lakemoor
  • Lakewood
  • Lakewood Shores
  • Lanark
  • Lansing
  • LaSalle County
  • Lawrence County
  • Lawrenceville
  • Le Roy
  • Lebanon
  • Lee County
  • Leland Grove
  • Lemont
  • Lena
  • Lewistown
  • Lexington
  • Libertyville
  • Lily Lake
  • Limestone
  • Lincoln
  • Lincoln Park
  • Lincoln Square
  • Lincolnshire
  • Lincolnwood
  • Lindenhurst
  • Lisle
  • Litchfield
  • Livingston County
  • Lockport
  • Logan County
  • Logan Square
  • Lombard
  • Long Creek
  • Long Grove
  • Long Lake
  • Louisville
  • Loves Park
  • Lovington
  • Lower West Side
  • Lynwood
  • Lyons
  • Machesney Park
  • Mackinaw
  • Macomb
  • Macon
  • Macon County
  • Macoupin County
  • Madison
  • Madison County
  • Mahomet
  • Malta
  • Manhattan
  • Manito
  • Manteno
  • Maple Park
  • Marengo
  • Marion
  • Marion County
  • Marissa
  • Markham
  • Maroa
  • Marquette Heights
  • Marseilles
  • Marshall
  • Marshall County
  • Martinsville
  • Maryville
  • Mascoutah
  • Mason City
  • Mason County
  • Massac County
  • Matteson
  • Mattoon
  • Maywood
  • McCullom Lake
  • McDonough County
  • McHenry
  • McHenry County
  • McKinley Park
  • McLean County
  • McLeansboro
  • Melrose Park
  • Menard County
  • Mendota
  • Mercer County
  • Meredosia
  • Merrionette Park
  • Metamora
  • Metropolis
  • Midlothian
  • Milan
  • Milford
  • Millstadt
  • Minier
  • Minonk
  • Minooka
  • Mitchell
  • Mokena
  • Moline
  • Momence
  • Monee
  • Monmouth
  • Monroe County
  • Montgomery
  • Montgomery County
  • Monticello
  • Morgan County
  • Morgan Park
  • Morris
  • Morrison
  • Morrisonville
  • Morton
  • Morton Grove
  • Moultrie County
  • Mound City
  • Mount Carmel
  • Mount Carroll
  • Mount Greenwood
  • Mount Morris
  • Mount Olive
  • Mount Prospect
  • Mount Pulaski
  • Mount Sterling
  • Mount Vernon
  • Mount Zion
  • Moweaqua
  • Mundelein
  • Murphysboro
  • Naperville
  • Nashville
  • Nauvoo
  • Near North Side
  • Near South Side
  • Neoga
  • New Athens
  • New Baden
  • New Berlin
  • New City
  • New Lenox
  • Newark
  • Newton
  • Niles
  • Nokomis
  • Normal
  • Norridge
  • Norris City
  • North Aurora
  • North Barrington
  • North Center
  • North Chicago
  • North Lawndale
  • North Pekin
  • North Peoria
  • North Riverside
  • Northbrook
  • Northfield
  • Northlake
  • O'Fallon
  • Oak Brook
  • Oak Forest
  • Oak Lawn
  • Oak Park
  • Oakbrook Terrace
  • Oakwood
  • Oakwood Hills
  • Oblong
  • Odin
  • Ogle County
  • Oglesby
  • Okawville
  • Olney
  • Olympia Fields
  • Onarga
  • Oquawka
  • Oregon
  • Orion
  • Orland Hills
  • Orland Park
  • Oswego
  • Ottawa
  • Palatine
  • Palestine
  • Palos Heights
  • Palos Hills
  • Palos Park
  • Pana
  • Paris
  • Park City
  • Park Forest
  • Park Ridge
  • Pawnee
  • Paxton
  • Payson
  • Pecatonica
  • Pekin
  • Peoria
  • Peoria County
  • Peoria Heights
  • Peotone
  • Perry County
  • Peru
  • Petersburg
  • Philo
  • Phoenix
  • Piatt County
  • Pike County
  • Pinckneyville
  • Pingree Grove
  • Pistakee Highlands
  • Pittsfield
  • Plainfield
  • Plano
  • Polo
  • Pontiac
  • Pontoon Beach
  • Pope County
  • Poplar Grove
  • Port Barrington
  • Port Byron
  • Portage Park
  • Posen
  • Prairie Grove
  • Prestbury
  • Preston Heights
  • Princeton
  • Princeville
  • Prophetstown
  • Prospect Heights
  • Pulaski County
  • Putnam County
  • Quincy
  • Ramsey
  • Randolph County
  • Rantoul
  • Red Bud
  • Richland County
  • Richmond
  • Richton Park
  • River Forest
  • River Grove
  • Riverdale
  • Riverside
  • Riverton
  • Riverwoods
  • Roanoke
  • Robbins
  • Robinson
  • Rochelle
  • Rochester
  • Rock Falls
  • Rock Island
  • Rock Island County
  • Rockdale
  • Rockford
  • Rockton
  • Rogers Park
  • Rolling Meadows
  • Rome
  • Romeoville
  • Roodhouse
  • Roscoe
  • Roselle
  • Rosemont
  • Rosewood Heights
  • Rosiclare
  • Rossville
  • Round Lake
  • Round Lake Beach
  • Round Lake Heights
  • Round Lake Park
  • Roxana
  • Royalton
  • Rushville
  • Saint Anne
  • Saint Charles
  • Saint Clair County
  • Saint Elmo
  • Saint Jacob
  • Saint Joseph
  • Salem
  • Saline County
  • Sandoval
  • Sandwich
  • Sangamon County
  • Sauk Village
  • Savanna
  • Savoy
  • Schaumburg
  • Schiller Park
  • Schuyler County
  • Scott Air Force Base
  • Scott County
  • Seneca
  • Sesser
  • Shawneetown
  • Shelby County
  • Shelbyville
  • Sheldon
  • Sheridan
  • Sherman
  • Shiloh
  • Shorewood
  • Sidney
  • Silvis
  • Skokie
  • Sleepy Hollow
  • Smithton
  • Somonauk
  • South Barrington
  • South Beloit
  • South Chicago
  • South Chicago Heights
  • South Elgin
  • South Holland
  • South Jacksonville
  • South Lawndale
  • South Pekin
  • South Roxana
  • South Shore
  • Southern View
  • Sparta
  • Spring Grove
  • Spring Valley
  • Springfield
  • Stark County
  • Staunton
  • Steeleville
  • Steger
  • Stephenson County
  • Sterling
  • Stickney
  • Stillman Valley
  • Stockton
  • Stone Park
  • Streamwood
  • Streator
  • Sugar Grove
  • Sullivan
  • Summit
  • Sumner
  • Swansea
  • Sycamore
  • Taylorville
  • Tazewell County
  • Teutopolis
  • The Galena Territory
  • Third Lake
  • Thomasboro
  • Thornton
  • Tilton
  • Tinley Park
  • Toledo
  • Tolono
  • Toluca
  • Toulon
  • Tower Lake
  • Tremont
  • Trenton
  • Troy
  • Tuscola
  • Twin Grove
  • Union County
  • University Park
  • Upper Alton
  • Uptown
  • Urbana
  • Valmeyer
  • Vandalia
  • Venetian Village
  • Venice
  • Vermilion County
  • Vernon Hills
  • Vienna
  • Villa Grove
  • Villa Park
  • Village of Campton Hills
  • Virden
  • Virginia
  • Volo
  • Wabash County
  • Wadsworth
  • Walnut
  • Wamac
  • Warren
  • Warren County
  • Warrensburg
  • Warrenville
  • Warsaw
  • Wasco
  • Washburn
  • Washington
  • Washington County
  • Washington Park
  • Waterloo
  • Waterman
  • Watseka
  • Wauconda
  • Waukegan
  • Waverly
  • Wayne
  • Wayne City
  • Wayne County
  • West Chicago
  • West Dundee
  • West Elsdon
  • West Englewood
  • West Frankfort
  • West Garfield Park
  • West Lawn
  • West Peoria
  • West Ridge
  • West Town
  • Westchester
  • Western Springs
  • Westmont
  • Westville
  • Wheaton
  • Wheeling
  • White County
  • White Hall
  • Whiteside County
  • Will County
  • Williamson County
  • Williamsville
  • Willow Springs
  • Willowbrook
  • Wilmette
  • Wilmington
  • Winchester
  • Windsor
  • Winfield
  • Winnebago
  • Winnebago County
  • Winnetka
  • Winthrop Harbor
  • Wonder Lake
  • Wood Dale
  • Wood River
  • Woodford County
  • Woodlawn
  • Woodridge
  • Woodstock
  • Worden
  • Worth
  • Wyoming
  • Yorkville
  • Zeigler
  • Zion
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