CIC FINANCES IN THESE AREAS...	...FOR THESE TYPES   OF PROPERTIES:
City of Chicago Suburban Cook County DuPage County Kane County Lake County McHenry County Will County	Multifamily (5+ units) residential buildings    Mixed-use properties      Condominium conversions        Cooperatives          SROs and special-needs housing            New multifamily construction

 

 

 

 

 

 

WHY SHOULD I

DO BUSINESS WITH CIC?

Revitalize a community:

Buy a new apartment building--or refinance and rehab one you currently own--with CIC’s combined permanent and construction financing in one process.

Do it easier, do it better:

Depending upon availability and eligibility, we also offer special programs including matching grants, interest rate subsidies and other financing tools that allow you to do more rehab.

Receive all the expertise you need:

Our staff will provide expert financing advice as well as construction, closing and servicing assistance. We’ll even help you refine rehab scope and costs.

Start quickly:

The typical time frame from application to approval is LESS THAN 2 MONTHS!

And...

• Expedited acquisition loans for experienced developers
• Flexibility to finance more than 80% LTV with extensive rehab
• NO PREPAYMENT PENALTY
• No legal fees at closing
• No payments during construction
• A line of credit for experienced developers
• Forward commitment take-out loans for buildings with an estimated completion date
• A tailored, can-do approach to every loan.

   Let us show you what we can do for you.  

CALL TODAY at (312) 258-0070, and ask for a loan officer.