The real estate market in Illinois has been growing at a rapid pace, for both buy-and-hold borrowers and fix-and-flip investors. Regardless of your next investment project, EquityMax wants to be the hard money lender to assist with all of your real estate investment needs. Throughout the greater Chicago region, Cook county and even smaller metro areas around the state, EquityMax can offer competitive rates and terms to ensure that our clients turn a profit with each and every transaction.

A Solution-Oriented Approach For Every Hard Money Loan

Flexible And Competitive Terms

There are several hard or private money options that investors currently have at their disposal in today’s active marketplace. EquityMax is looking to be the industry lender that offers the best combination of term, rate, points, while also minimizing third-party costs. If you find a better deal, we will always look to beat the competition.

Large Geographic Landscape

Investing around the state has never been easier, with simplified and transparent financing options throughout the state. Investors in Cook, DuPage, Lake, Will, or even Kane county, receive multiple EquityMax hard money loan proposals on each deal. More options at a borrower’s disposal means multiple avenues to maximize his or her return on investment.

Customized Solution For Your Next Loan

We are always receptive to client feedback, whether this is your first deal as an investor or are a returning borrower. The EquityMax team will always look at your deal points, ensuring it makes sense from a borrower and lender perspective. Simply put, we always tailor financing terms and criteria that will enable your deal to be as profitable as possible.

Speak To The Owners

At EquityMax, we believe in having our clients speak directly with the bosses. We are a family owned-and-operated lender of our own funds. The owners of the company are the final decision makers and are happy to chat directly with you about your particular financing needs on each and every real estate investment project.

Close In 48 Hours Or Less! Ready To Get Started On Your Next Deal In Illinois?

Latest Success Story

A first-time borrower was purchasing a small rental property in the Chicagoland area. While the property was not turnkey, it only required light rehab to be rent-ready. The borrower was well-qualified but had trouble securing a smaller loan from his local community bank. EquityMax entered the fold, offering a “no appraisal” option to ensure the quick closing the borrower was requesting.


Location - Chicago, IL

Loan Amount - $30,000

Purchase Price - $46,000

Loan Type - Purchase

Term - 12 Moths - 17 Years (Borrower Option)

Rehab Amount - $5,000

Actual Retail Value - $65,000

Profit - $400/Monthly Positive Cash Flow

Driving Factors For Illinois Real Estate Market

Recovering Economy

Rising home prices and a significant drop in unemployment rates (10.4% to 6.8%) indicate that the market effects of 2020 are past, and 2021 looks to be a banner year for investing.

High Foreclosure Rates

Illinois has one of the highest foreclosure rates in the country which presents many opportunities for investors to secure deals below market value and even push for pre-foreclosure/short sale buys.

Seller’s Market

Will it continue to be a seller’s market moving forward. Steady demand and a shortage of homes bodes well for investors looking to profit in the current marketplace.

Illinois Real Estate Market Breakdown


Median Home Value


Foreclosure Properties


Bank Owned Properties



Popular Counties: Cook, Dupage, Lake, Will, Kane

EquityMax Insight

The average home in Illinois was priced at $217,672 in November 2020, a 4.8% increase from 2019. All signs point to an even better year forthcoming, as experts are predicting housing prices will rise another 7.5% over the next 12 months. The one obstacle is increasing property taxes in the Land of Lincoln, and investors must find a way to navigate these rising costs as much as possible. Even so, with real estate pricing trending upwards, the question is not whether an investor will profit…it will be how much he/she will profit.

What Our Clients Say

May 3, 2021

My first deal with EquityMax was a refi in Chicago and it went conveniently as planned.  I was very satisfied with the loan process that I am now on my second loan with the company. Even though it is a small deal at $15,000, there are few lenders, other than EquityMax, that will provide a loan of this size.

Loan Programs

Fix and Flip / Cash-Out REFI

High LTV / Low Rates / Flexible TermMinimal Insurance RequirementsZero Prepayment Penalty

Foreign National Loans

ZERO Credit or Qualification RequirementsNo Personal Guarantee RequiredFree Comparable and Repair Analysis

Transactional Funding

Catering to Real Estate Wholesalers1-3 Day FundingMinimal Notice to Close

Non-Recourse Lending

Invest through a Self-Directed IRA or Solo 401KNet Proceeds from Investing are Tax-DeferredNo Personal Guarantee

Have You Been Previously Denied By A Lender? Get A Second Chance With EquityMax

Did You Know

Gregory Emmer, one of the Principals at EquityMax, is also a licensed general contractor in Florida. This licensure enabled EquityMax to build speculative properties in Pompano Beach on land that had been previously owned by the company, dating back to 2004.

Frequently Asked Questions

EquityMax does not require our borrowers to be a Corporation of LLC.  We can originate loans to individuals, LLCs, Corporations, Land Trusts, and Self-Directed IRAs.

Certainly markets like Champagne are great during the school year, and investors should always seek to max out returns and look at investing in college markets as a seasonal endeavor.

Yes. EquityMax has multiple borrowers with several active loans in our portfolio.

Yes, however, as stated previously, we certainly recommend these pockets of investing to more experienced or local investors to those areas. However, EquityMax will not base an underwriting decision on how far an investor is from the property.

EquityMax can send a borrower a Proof of Funds within 5 minutes of receipt of an acceptable, three-score credit report.  If a borrower does not have a recent report, he/she can request that Equitymax pull it.  For instructions, please click here.

EquityMax always suggests investing in the larger metro areas of Illinois, such as Chicago, when starting out. This will simply provide more gross opportunities for you to invest in. As you grow more comfortable with investing, we can certainly suggest moving to outlying suburbs and more rural areas.

EquityMax lends on any form of residential property, including single family homes, 1-4 multi-unit properties, condominiums & townhomes, and even small apartment complexes (20 units or less).  We also lend on commercial property and industrial warehouses.

Receive Immediate Pre-qualification Within 10 Minutes!