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Mortgage Lenders and Brokers in Algonquin, Illinois

Content reviewed by

Brian McKay | iEditorial Disclosure | ✓Fact Checked | Loan Rates Last Updated and Verified: October 7, 2026

Algonquin, Illinois mortgage lenders include JPMorgan Chase Bank, NAJPMorgan Chase Bank, NA1000 S Randall Rd, Algonquin, IL 60102A+5.0 ★Texas Ratio: 3.68%, US Bank, N.A.US Bank, N.A.798 S Randall Rd, Algonquin, IL 60102A+5.0 ★Texas Ratio: 2.85%, PNC Bank N.A.PNC Bank N.A.791 S Randall Rd, Algonquin, IL 60102A+5.0 ★Texas Ratio: 4.24%, Fifth Third Bank, National AssociationFifth Third Bank, National Association450 S Randall Rd, Algonquin, IL 60102A+5.0 ★Texas Ratio: 3.22%, BMO Harris Bank NABMO Harris Bank NA225 S Randall Rd, Algonquin, IL 60102A+5.0 ★Texas Ratio: 3.54%, Huntington National BankHuntington National Bank103 S Randall Rd, Algonquin, IL 60102A+5.0 ★Texas Ratio: 3.66%, Crystal Lake Bank & Trust Company, N.A.Crystal Lake Bank & Trust Company, N.A.4049 W Algonquin Rd, Algonquin, IL 60102A+5.0 ★Texas Ratio: 2.94%, Baxter Credit UnionBaxter Credit Union1200 Lakeside Dr, Bannockburn, IL 60015A5.0 ★Texas Ratio: 6.31%, Barrington Bank & Trust Company, N.A.Barrington Bank & Trust Company, N.A.233 W Northwest Hwy, Barrington, IL 60010A+5.0 ★Texas Ratio: 2.20%, and Consumers Credit UnionConsumers Credit Union950 E Rand Rd, Arlington Heights, IL 60004A5.0 ★Texas Ratio: 6.15%. Banks, credit unions and mortgage companies are listed together, with FHA, VA and local options flagged for quick comparison.

Lenders are ranked only by the number of home loans they closed in Algonquin, Illinois in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Algonquin are listed first, then lenders elsewhere in Illinois, then lenders from other states that closed loans there. Banks and credit unions carry a MonitorBankRates health grade, star rating and Texas Ratio, so you can judge how financially sound they are. Mortgage companies have no deposits to rate, so compare their loan programs, median loan and borrower reviews instead. Compare at least three lenders and ask each for a written loan estimate before you choose.

Mortgage Lenders and Brokers in Algonquin, Illinois

Market share is the lender's share of all home loans closed in Algonquin, Illinois. Approval share is approvals divided by completed applications. Grade is the MonitorBankRates Health and Safety Grade, available for banks and credit unions only. Average loan is the lender's mean loan amount here.

Lender	Programs	Loans closed	Market share	Approval share	Average loan	View
JPMorgan Chase Bank, NA 1 office in Algonquin 1000 S Randall Rd, Algonquin, IL 60102 A+5.0 ★Texas Ratio: 3.68%	Conventional, FHA, HELOC	25 +3 HELOCs	3.9%	96.3%	$327,000	View
US Bank, N.A. 1 office in Algonquin 798 S Randall Rd, Algonquin, IL 60102 A+5.0 ★Texas Ratio: 2.85%	Conventional, HELOC	5 +9 HELOCs	0.8%	45.5%	$255,000	View
PNC Bank N.A. ★ 1.7 stars, 3 reviews 1 office in Algonquin 791 S Randall Rd, Algonquin, IL 60102 A+5.0 ★Texas Ratio: 4.24%	Conventional, HELOC	4 +26 HELOCs	0.6%	100%	$317,500	View
Fifth Third Bank, National Association 1 office in Algonquin 450 S Randall Rd, Algonquin, IL 60102 A+5.0 ★Texas Ratio: 3.22%	Conventional, HELOC	4 +18 HELOCs	0.6%	80%	$260,000	View
BMO Harris Bank NA 1 office in Algonquin 225 S Randall Rd, Algonquin, IL 60102 A+5.0 ★Texas Ratio: 3.54%	Conventional, HELOC	3 +33 HELOCs	0.5%	50%	$241,666	View
Huntington National Bank 2 offices in Algonquin 103 S Randall Rd, Algonquin, IL 60102 A+5.0 ★Texas Ratio: 3.66%	Conventional, HELOC	3 +16 HELOCs	0.5%	50%	$381,666	View
Crystal Lake Bank & Trust Company, N.A. 1 office in Algonquin 4049 W Algonquin Rd, Algonquin, IL 60102 A+5.0 ★Texas Ratio: 2.94%	Conventional	2	0.3%	100%	$310,000	View
Baxter Credit Union 1200 Lakeside Dr, Bannockburn, IL 60015 A5.0 ★Texas Ratio: 6.31%	Conventional, HELOC	14 +6 HELOCs	2.2%	78.9%	$165,714	View
Barrington Bank & Trust Company, N.A. 233 W Northwest Hwy, Barrington, IL 60010 A+5.0 ★Texas Ratio: 2.20%	Conventional, FHA	11	1.7%	100%	$284,090	View
Consumers Credit Union 950 E Rand Rd, Arlington Heights, IL 60004 A5.0 ★Texas Ratio: 6.15%	Conventional, HELOC	10 +16 HELOCs	1.6%	80%	$121,000	View
First American Bank 1780 W Fullerton Ave, Addison, IL 60101 A+5.0 ★Texas Ratio: 2.93%	Conventional, HELOC	3 +18 HELOCs	0.5%	100%	$235,000	View
Bank of America NA 850 W Algonquin Rd, Arlington Heights, IL 60005 A+5.0 ★Texas Ratio: 4.14%	Conventional, HELOC	3 +15 HELOCs	0.5%	75%	$298,333	View
Alliant Credit Union 11545 W Touhy Ave, Chicago, IL 60666 A5.0 ★Texas Ratio: 6.04%	Conventional, HELOC	3 +6 HELOCs	0.5%	100%	$215,000	View
Old Second National Bank 2000 W Galena Blvd, Aurora, IL 60506 A5.0 ★Texas Ratio: 6.17%	Conventional, HELOC	3 +1 HELOCs	0.5%	100%	$465,000	View
Wells Fargo Bank NA 245 N Main St, Canton, IL 61520 A+5.0 ★Texas Ratio: 5.36%	Conventional	2	0.3%	100%	$325,000	View
Waterman Bank 1747 W North Ave, Chicago, IL 60622 A5.0 ★Texas Ratio: 8.69%	Conventional	2	0.3%	100%	$430,000	View
Home State Bank National Association Route 14 And Main Street, Crystal Lake, IL 60014 A+5.0 ★Texas Ratio: 0.47%	Conventional	2	0.3%	100%	$235,000	View
First Federal Savings Bank 111 E Main St, Amboy, IL 61310 A5.0 ★Texas Ratio: 8.80%	Conventional	2	0.3%	100%	$200,000	View
First National Bank of Omaha 1725 S State St, Belvidere, IL 61008 A+5.0 ★Texas Ratio: 4.82%	Conventional, FHA	2	0.3%	66.7%	$185,000	View
Old National Bank 11900 S Pulaski Rd, Alsip, IL 60803 A+5.0 ★Texas Ratio: 4.98%	Conventional, HELOC	1 +5 HELOCs	0.2%	100%	$265,000	View
Associated Bank NA 104 Homer M Adams Pkwy, Alton, IL 62002 A+5.0 ★Texas Ratio: 3.45%	Conventional, HELOC	1 +2 HELOCs	0.2%	100%	$335,000	View
North Shore Trust & Savings 3060 W Sand Lake Rd, Lindenhurst, IL 60046 A+5.0 ★Texas Ratio: 3.87%	FHA	1	0.2%	100%	$315,000	View
Lisle Savings Bank 1450 Maple Ave, Lisle, IL 60532 A+5.0 ★Texas Ratio: 2.09%	Conventional	1	0.2%	100%	$305,000	View
Cornerstone National Bank & Trust Company 1185 S Il Route 31, Crystal Lake, IL 60014 A+5.0 ★Texas Ratio: 0.20%	Conventional	1	0.2%	100%	$345,000	View
First Northern Credit Union 230 W Monroe St, Chicago, IL 60606 A+5.0 ★Texas Ratio: 4.14%	Conventional	1	0.2%	100%	$35,000	View
Republic Bank of Chicago 1640 W Lake St, Addison, IL 60101 A-5.0 ★Texas Ratio: 15.03%	Conventional	1	0.2%	100%	$215,000	View
Beverly Bank & Trust Company, N.A. 1908 W 103rd St, Chicago, IL 60643 A+5.0 ★Texas Ratio: 3.57%	Conventional	1	0.2%	100%	$665,000	View
Midland States Bank 951 Dixie Hwy, Beecher, IL 60401 A5.0 ★Texas Ratio: 9.50%	Conventional	1	0.2%	100%	$225,000	View
Selfreliance Federal Credit Union 302 E Army Trail Rd, Bloomingdale, IL 60108 A+5.0 ★Texas Ratio: 4.49%	Conventional	1	0.2%	100%	$225,000	View
CIBM Bank 1801 E Empire St, Bloomington, IL 61704 A5.0 ★Texas Ratio: 8.91%	Conventional	1	0.2%	100%	$85,000	View
I H Mississippi Valley Credit Union 358 17th Ave, East Moline, IL 61244 A5.0 ★Texas Ratio: 6.34%	Conventional	1	0.2%	100%	$45,000	View
Marquette Bank 234 N Bolingbrook Dr, Bolingbrook, IL 60440 A+5.0 ★Texas Ratio: 0.74%	Conventional	1	0.2%	100%	$315,000	View
The Federal Savings Bank 4000 W Diversey Ave, Chicago, IL 60639 B+4.8 ★Texas Ratio: 16.98%	Conventional	1	0.2%	100%	$405,000	View
Prairie Community Bank 1000 S Mclean Blvd, Elgin, IL 60123 C4.0 ★Texas Ratio: 27.11%	Conventional	1	0.2%	100%	$25,000	View
NuMark Credit Union 403 Asbury Dr, Aurora, IL 60502 A5.0 ★Texas Ratio: 8.07%	HELOC	0 +2 HELOCs	0%	n/a		View
Great Lakes Credit Union 351 E Il Route 173, Antioch, IL 60002 7355 A5.0 ★Texas Ratio: 9.76%	HELOC	0 +2 HELOCs	0%	n/a		View
Citibank, NA 1828 N Arlington Heights Rd, Arlington Heights, IL 60004 A+5.0 ★Texas Ratio: 2.82%	HELOC	0 +1 HELOCs	0%	n/a		View
Guaranteed Rate, Inc.	Conventional, FHA, VA, HELOC	31 +2 HELOCs	4.9%	100%	$313,064
Key Mortgage Services, Inc. A+5.0 ★Texas Ratio: 4.81%	Conventional, FHA	10	1.6%	100%	$319,000	View
Mutual of Omaha Mortgage	Conventional, FHA	9	1.4%	75%	$262,777
Originpoint, LLC	Conventional	5	0.8%	100%	$381,000
Compass Mortgage, Inc.	Conventional, FHA	4	0.6%	100%	$345,000
Guaranteed Rate Affinity, LLC	Conventional	3	0.5%	100%	$315,000
American Portfolio Mortgage Corporation	Conventional, FHA	2	0.3%	100%	$315,000
Cmg Mortgage Inc	Conventional	2	0.3%	100%	$375,000
Citizens Equity First Credit U	Conventional	1	0.2%	100%	$255,000
A&N Mortgage Services, Inc. A+5.0 ★Texas Ratio: 4.11%	FHA	1	0.2%	100%	$415,000	View
Crown Mortgage Company	Conventional	1	0.2%	100%	$195,000
Rocket Mortgage	Conventional, FHA, VA	52	8.2%	80.3%	$208,076
United Wholesale Mortgage	Conventional, FHA, VA, HELOC	47 +2 HELOCs	7.4%	88.7%	$341,808
Lennar Mortgage, LLC	Conventional, FHA, VA	30	4.7%	90.9%	$348,333
Fairway Independent Mort Corp	Conventional, FHA, VA	28	4.4%	100%	$293,928
DHI Mortgage Company, LTD.	Conventional, VA	20	3.1%	100%	$261,500
CrossCountry Mortgage, LLC	Conventional, FHA, VA, HELOC	16 +2 HELOCs	2.5%	94.1%	$314,375
Mld Mortgage, Inc.Dba the Money Store	Conventional, FHA, VA	15	2.4%	100%	$289,666
Greenstate Credit Union	Conventional, HELOC	14 +2 HELOCs	2.2%	100%	$167,142
loanDepot.com LLC	Conventional, FHA	12	1.9%	100%	$216,666
The Loan Store, Inc	Conventional, HELOC	11 +1 HELOCs	1.7%	100%	$260,454
Guild Mortgage Company	Conventional	11	1.7%	100%	$292,272
Newrez LLC	Conventional, FHA	10	1.6%	64.7%	$225,000
Union Home Mortgage Corp.	Conventional, FHA	9	1.4%	90%	$322,777
Lower, LLC	Conventional	9	1.4%	100%	$385,000
Nationstar Mortgage	Conventional, FHA	8	1.3%	81.8%	$271,250
Sofi Bank, National Association A+5.0 ★Texas Ratio: 0.51%	Conventional, FHA	8	1.3%	100%	$143,750	View
American Pacific Mortgage Corporation	Conventional	7	1.1%	70%	$282,142
New American Funding, LLC.	Conventional, FHA, VA	7	1.1%	87.5%	$325,000
Pennymac Loan Services LLC	Conventional, FHA	6	0.9%	85.7%	$240,000
Towne Mortgage Company	Conventional	6	0.9%	100%	$355,000
Plaza Home Mortgage, Inc	Conventional	6	0.9%	85.7%	$291,666
Discover Bank	Conventional	5	0.8%	38.5%	$51,000
Mortgage Research Center	VA	5	0.8%	83.3%	$389,000
Polish & Slavic Federal Credit	Conventional	5	0.8%	50%	$117,000
Spring Eq, LLC	Conventional, HELOC	4 +3 HELOCs	0.6%	50%	$82,500
AmeriHome Mortgage Company, LLC	Conventional	4	0.6%	100%	$270,000
Resicentral LLC	Conventional, FHA	4	0.6%	100%	$332,500
Amerisave Mortgage Company	Conventional, FHA	4	0.6%	30.8%	$110,000
Consumer Real Estate Finance Co DBA Society Mortgage	Conventional, FHA, VA	3	0.5%	100%	$338,333
Lakeview Loan Servicing, LLC	Conventional, FHA	3	0.5%	42.9%	$221,666
Bay Equity LLC	Conventional, FHA	3	0.5%	100%	$381,666
Prosperity Home Mortgage, LLC	Conventional	3	0.5%	75%	$378,333
Village Capital & Investment	FHA, VA	3	0.5%	83.3%	$348,333
Third Federal Savings and Loan A+5.0 ★Texas Ratio: 2.32%	Conventional, HELOC	2 +2 HELOCs	0.3%	66.7%	$90,000	View
Navy Federal Credit Union A5.0 ★Texas Ratio: 8.14%	Conventional, VA, HELOC	2 +1 HELOCs	0.3%	100%	$220,000
Cornerstone First Mortgage, LLC	Conventional	2	0.3%	100%	$285,000
American Financial Resources LLC	Conventional, FHA	2	0.3%	100%	$375,000
American Financial Network, Inc.	Conventional	2	0.3%	100%	$285,000
AmWest Funding Corp	Conventional	2	0.3%	100%	$175,000
Ocmbc, Inc. A+5.0 ★Texas Ratio: 5.05%	Conventional	2	0.3%	100%	$315,000	View
Sun West Mortgage Company, Inc	Conventional	2	0.3%	100%	$430,000
Select Lending Services, LLC	Conventional	2	0.3%	100%	$370,000
New Day Financial, LLC.	VA	2	0.3%	66.7%	$330,000
Provident Funding Associates	Conventional	2	0.3%	100%	$445,000
Zillow Home Loans, LLC	Conventional	2	0.3%	100%	$285,000
Ark-La-Tex Financial Services LLC	FHA	2	0.3%	100%	$355,000
Ameris Bank ★ 4 stars, 1 review A+5.0 ★Texas Ratio: 1.82%	Conventional	2	0.3%	100%	$385,000	View
Msu Federal Credit Union	Conventional, HELOC	1 +6 HELOCs	0.2%	100%	$315,000
Citizens Bank, NA A+5.0 ★Texas Ratio: 5.44%	Conventional, HELOC	1 +2 HELOCs	0.2%	100%	$255,000	View
EMM Loans LLC	FHA	1	0.2%	100%	$175,000
A&D Mortgage LLC A+5.0 ★Texas Ratio: 4.11%	Conventional	1	0.2%	100%	$365,000	View
Premier Mortgage Resources, LLC	Conventional	1	0.2%	100%	$125,000
Gold Star Mortgage Financial Group, Corporation	FHA	1	0.2%	100%	$515,000
Freedom Mortgage Corporation	VA	1	0.2%	100%	$335,000
Fidelity Bank A5.0 ★Texas Ratio: 12.33%	Conventional	1	0.2%	100%	$635,000	View
Equity Prime Mortgage LLC	FHA	1	0.2%	100%	$365,000
Guidance Residential, LLC	Conventional	1	0.2%	100%	$265,000
Loanunited.Com, LLC	VA	1	0.2%	100%	$515,000
M&T Bank A+5.0 ★Texas Ratio: 4.11%	FHA	1	0.2%	100%	$325,000	View
Filo Mortgage, LLC	FHA	1	0.2%	100%	$215,000
Princeton Mortgage Corporation	Conventional	1	0.2%	100%	$315,000
Home Mortgage Alliance Corp (Hmac)	Conventional	1	0.2%	100%	$105,000
Northpointe Bank A5.0 ★Texas Ratio: 8.47%	Conventional	1	0.2%	100%	$335,000	View
AML Funding LLC dba Absolute Mortgage & Lending	Conventional	1	0.2%	100%	$315,000
First Alliance Home Mortgage, LLC	Conventional	1	0.2%	100%	$425,000
Credit Union Mortgage Associat A+5.0 ★Texas Ratio: 3.45%	Conventional	1	0.2%	100%	$345,000	View
Point Mortgage Corp	Conventional	1	0.2%	100%	$275,000
Cardinal Financial Company, Li	Conventional	1	0.2%	100%	$325,000
Usaa Federal Savings Bank B-3.5 ★Texas Ratio: 6.80%	VA	1	0.2%	50%	$415,000	View
Planet Home Lending, LLC	VA	1	0.2%	100%	$495,000
First Federal Bank A+5.0 ★Texas Ratio: 1.10%	Conventional	1	0.2%	100%	$255,000	View
Mortgage Center LC	Conventional	1	0.2%	100%	$435,000
BoxCar Mortgage, LLC	FHA	1	0.2%	100%	$225,000
Lendsure Mortgage Corp.	Conventional	1	0.2%	100%	$275,000
Gardner Financial Services	Conventional	1	0.2%	100%	$155,000
Mission Loans, LLC	Conventional	1	0.2%	100%	$155,000
Better Mortgage Corporation A-5.0 ★Texas Ratio: 14.33%	FHA	1	0.2%	100%	$335,000	View
Nexbank A-5.0 ★Texas Ratio: 14.93%	Conventional	1	0.2%	100%	$295,000	View
RoundPoint Mortgage Servicing LLC	Conventional	1	0.2%	100%	$225,000
Endeavor Capital, LLC	FHA	1	0.2%	100%	$375,000
Nations Direct Mortgage, LLC	Conventional	1	0.2%	100%	$495,000
Summit Funding.Inc	Conventional	1	0.2%	100%	$325,000
Florida Capital Bank, N.A	Conventional	1	0.2%	100%	$285,000
Cedar Falls Community Credit Union	Conventional	1	0.2%	100%	$65,000
Thrivent Bank	Conventional	1	0.2%	100%	$65,000
Paramount Residential Mortgage	Conventional	1	0.2%	50%	$125,000
Plains Commerce Bank A5.0 ★Texas Ratio: 9.09%	Conventional	1	0.2%	100%	$455,000	View
Quontic Bank C+4.1 ★Texas Ratio: 25.91%	Conventional	1	0.2%	100%	$225,000	View
JMAC Lending, Inc.	Conventional	1	0.2%	100%	$275,000
Coastal Community Bank B4.5 ★Texas Ratio: 20.96%	HELOC	0 +8 HELOCs	0%	n/a		View
Figure Lending LLC	HELOC	0 +6 HELOCs	0%	n/a
Advia Credit Union	HELOC	0 +6 HELOCs	0%	n/a
Lendage, LLC dba Achieve Loans	HELOC	0 +3 HELOCs	0%	n/a
American Airlines Federal Cred	HELOC	0 +2 HELOCs	0%	n/a
Valon Mortgage	HELOC	0 +1 HELOCs	0%	n/a
HomeBridge Financial Services, Inc	HELOC	0 +1 HELOCs	0%	n/a
Quorum Federal Credit Union	HELOC	0 +1 HELOCs	0%	n/a
Uw Credit Union	HELOC	0 +1 HELOCs	0%	n/a
First Savings Bank A+5.0 ★Texas Ratio: 0.18%	HELOC	0 +1 HELOCs	0%	n/a		View
Pentagon Federal Credit Union	HELOC	0 +1 HELOCs	0%	n/a

Lender counts and market shares come from 2025 federal HMDA loan data, the public record of mortgage applications and closings. Health grades: MonitorBankRates, rates as of Oct 8, 2026.

Algonquin Mortgage Rate Trends

Daily average mortgage rates for Illinois compared with the national average, updated every evening.

30-Year Fixed IL Avg

7.539%

▲ 0.123 vs 7 days ago

15-Year Fixed IL Avg

7.032%

▲ 0.101 vs 7 days ago

Mortgage Lenders and Mortgage Brokers Near Me in Algonquin, Illinois

Looking for mortgage lenders near me or mortgage brokers near me in Algonquin? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Algonquin in 2025, with lenders based there listed first.

Types of Mortgage Lenders in Algonquin, IL

Use these to narrow the list above. Each category shows how many Algonquin, IL lenders fit and what that kind of lender is usually best for.

Mortgage companies and brokers 81 lenders. Nonbank lenders and brokers that shop several wholesale lenders; often the fastest closings Banks 46 lenders. Local and national banks with branches, portfolio and jumbo loans, and an MBR health grade Credit unions 21 lenders. Member owned, often lower fees and flexible underwriting for members FHA lenders 39 lenders. 3.5 percent down and credit scores into the 500s; the usual route for bad credit or low down payment buyers VA lenders 18 lenders. No down payment and no mortgage insurance for eligible veterans and service members Local lenders based in IL 36 lenders headquartered in Illinois, the closest thing to a mortgage lender near you

Who Lends in Algonquin, IL

Independent mortgage companies closed 72.9 percent of home loans in Algonquin, Illinois in 2025, banks 18.3 percent and credit unions 8.8 percent. Guaranteed Rate, Inc. was the largest mortgage company, JPMorgan Chase Bank, NA the largest bank and Baxter Credit Union the largest credit union. Among lenders headquartered in Illinois, BMO Harris Bank NA led with 3 loans.

72.9%

Mortgage companies

18.3%

Banks

8.8%

Credit unions

11%

FHA loans

VA loans

How to Read This List

A high approval share with a small median loan usually points to a lender comfortable with first time and FHA borrowers. A large median loan with conventional and jumbo programs points to a move up and jumbo specialist. The health grade says whether a bank or credit union is financially sound; it says nothing about service, which is what the reviews below are for.

Attorneys customarily handle closings in Illinois. State transfer tax of $0.50 per $500 plus a county tax of $0.25 per $500, usually paid by the seller; Chicago adds $3.75 per $500 paid by the buyer and $1.50 per $500 paid by the seller, and many suburbs levy their own stamps. No mortgage recording tax.

More Illinois Mortgage Lender Pages

All Illinois lenders 932 lenders Chicago 527 lenders Joliet 211 lenders Naperville 240 lenders Rockford 167 lenders Aurora 206 lenders Springfield 140 lenders Elgin 204 lenders Plainfield 186 lenders Peoria 137 lenders Bolingbrook 168 lenders Belleville 141 lenders Oswego 159 lenders

Frequently Asked Questions About Mortgage Lenders in Algonquin, IL

Who is the largest mortgage lender in Algonquin, IL?

By home loans closed in 2025, JPMorgan Chase Bank, NA was the largest mortgage lender in Algonquin, Illinois with 25 loans, about 3.9 percent of the market. The largest lender headquartered in Illinois was BMO Harris Bank NA with 3 loans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.

Which mortgage lenders in Algonquin, IL have the highest approval rates?

Among lenders with meaningful volume in Algonquin, Illinois, Rocket Mortgage approved the highest share of completed applications in 2025 at 80.3 percent, against a 86.5 percent average for all lenders. Approval share reflects the applicants a lender attracts as much as its underwriting, so compare it alongside loan programs and median loan size. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.

Which Algonquin, IL mortgage lenders offer FHA, VA and USDA loans?

39 lenders closed FHA loans in Algonquin, Illinois in 2025, led by CrossCountry Mortgage, LLC with 6. 18 lenders closed VA loans, led by United Wholesale Mortgage. Use the FHA and VA filters above the table to see only those lenders; FHA loans allow 3.5 percent down and lower credit scores, VA loans need no down payment for eligible veterans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.

Are credit unions and local banks included in this Algonquin, IL lender list?

Yes. 46 banks and 21 credit unions closed home loans in Algonquin, Illinois in 2025, alongside 81 independent mortgage companies and brokers. Banks and credit unions carry a MonitorBankRates health grade. Mortgage companies are not deposit institutions, so they have no health grade; their HMDA figures and borrower reviews stand in. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.

How are mortgage lenders in Algonquin, IL ranked on this page?

Lenders are ranked only by the number of home loans they closed in Algonquin, Illinois during 2025 as reported under the federal Home Mortgage Disclosure Act. No lender pays to be listed or to rank higher, and reviews do not change the order. Counts cover first and second lien loans on one to four unit homes for purchase, refinance and home improvement; home equity lines are counted separately.

Methodology and Sources

Lender rankings use the loan level records that lenders file under the Home Mortgage Disclosure Act, published by the FFIEC and the Consumer Financial Protection Bureau for the 2025 reporting year. Counts include originated first and subordinate lien loans on one to four unit homes in Algonquin, Illinois for purchase, refinance and other purposes; home equity lines of credit are counted separately and reverse mortgages and business purpose loans are excluded. Approval share is originations plus approved but not accepted applications divided by all completed applications (withdrawn and incomplete files are excluded). Lender type comes from the lender's federal regulator and the FFIEC National Information Center. City figures use the Census tracts that make up Algonquin. Health grades are MonitorBankRates data and are current as of the date shown. Lenders below the HMDA reporting thresholds do not appear. MonitorBankRates receives no payment for placement on this page. Last updated October 8, 2026.