Mortgage Lenders and Brokers in Cherry Valley, Illinois
Brian McKay
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iEditorial Disclosure
Editorial DisclosureLender lists come from federal HMDA loan data. Average rates come from our daily monitoring network. Editorial content is independent of any advertiser relationships.
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✓Fact Checked
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Loan Rates Last Updated and Verified: October 7, 2026
Cherry Valley, Illinois mortgage lenders include MembersAlliance Credit UnionMembersAlliance Credit Union5286 Nimtz Rd, Loves Park, IL 61111A+5.0 ★Texas Ratio: 3.08%, First Northern Credit UnionFirst Northern Credit Union230 W Monroe St, Chicago, IL 60606A+5.0 ★Texas Ratio: 4.14%, First Mid Bank and Trust, NAFirst Mid Bank and Trust, NA101 W Washington Ave, Altamont, IL 62411A+5.0 ★Texas Ratio: 3.88%, JPMorgan Chase Bank, NAJPMorgan Chase Bank, NA600 W Lake St, Addison, IL 60101A+5.0 ★Texas Ratio: 3.68%, Associated Bank NAAssociated Bank NA104 Homer M Adams Pkwy, Alton, IL 62002A+5.0 ★Texas Ratio: 3.45%, Stillman Banccorp NAStillman Banccorp NA608 W Blackhawk Dr, Byron, IL 61010A+5.0 ★Texas Ratio: 3.99%, Midland States BankMidland States Bank951 Dixie Hwy, Beecher, IL 60401A5.0 ★Texas Ratio: 9.50%, BMO Harris Bank NABMO Harris Bank NA625 W Army Trail Blvd, Addison, IL 60101A+5.0 ★Texas Ratio: 3.54%, US Bank, N.A.US Bank, N.A.540 W Lake St, Addison, IL 60101A+5.0 ★Texas Ratio: 2.85%, and Umb Bank NAUmb Bank NA101 N High St, Belleville, IL 62220A+5.0 ★Texas Ratio: 1.78%. 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 Cherry Valley, Illinois in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Cherry Valley 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 Cherry Valley, Illinois
Market share is the lender's share of all home loans closed in Cherry Valley, 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 |
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5286 Nimtz Rd, Loves Park, IL 61111 A+5.0 ★Texas Ratio: 3.08% |
Conventional, HELOC | 13 +2 HELOCs |
6.1% | 86.7% | $111,923 | View |
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230 W Monroe St, Chicago, IL 60606 A+5.0 ★Texas Ratio: 4.14% |
Conventional | 12 | 5.7% | 85.7% | $171,666 | View |
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101 W Washington Ave, Altamont, IL 62411 A+5.0 ★Texas Ratio: 3.88% |
Conventional, HELOC | 9 +6 HELOCs |
4.2% | 100% | $210,555 | View |
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600 W Lake St, Addison, IL 60101 A+5.0 ★Texas Ratio: 3.68% |
Conventional | 5 | 2.4% | 83.3% | $233,000 | View |
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104 Homer M Adams Pkwy, Alton, IL 62002 A+5.0 ★Texas Ratio: 3.45% |
Conventional, HELOC | 4 +1 HELOCs |
1.9% | 100% | $232,500 | View |
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608 W Blackhawk Dr, Byron, IL 61010 A+5.0 ★Texas Ratio: 3.99% |
Conventional | 4 | 1.9% | 55.6% | $110,000 | View |
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951 Dixie Hwy, Beecher, IL 60401 A5.0 ★Texas Ratio: 9.50% |
Conventional, HELOC | 3 +5 HELOCs |
1.4% | 75% | $188,333 | View |
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625 W Army Trail Blvd, Addison, IL 60101 A+5.0 ★Texas Ratio: 3.54% |
Conventional, FHA, HELOC | 2 +7 HELOCs |
0.9% | 66.7% | $155,000 | View |
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540 W Lake St, Addison, IL 60101 A+5.0 ★Texas Ratio: 2.85% |
Conventional, HELOC | 2 +2 HELOCs |
0.9% | 33.3% | $50,000 | View |
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101 N High St, Belleville, IL 62220 A+5.0 ★Texas Ratio: 1.78% |
Conventional, HELOC | 2 +2 HELOCs |
0.9% | 100% | $150,000 | View |
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200 N Walnut St, Byron, IL 61010 A5.0 ★Texas Ratio: 10.13% |
Conventional | 2 | 0.9% | 100% | $120,000 | View |
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1201 Clifford Ave, Loves Park, IL 61111 A+5.0 ★Texas Ratio: 4.46% |
Conventional | 2 | 0.9% | 100% | $95,000 | View |
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504 W Blackhawk Dr, Byron, IL 61010 A+5.0 ★Texas Ratio: 0.32% |
Conventional | 2 | 0.9% | 100% | $110,000 | View |
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233 W Northwest Hwy, Barrington, IL 60010 A+5.0 ★Texas Ratio: 2.20% |
Conventional, VA | 2 | 0.9% | 100% | $315,000 | View |
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850 W Algonquin Rd, Arlington Heights, IL 60005 A+5.0 ★Texas Ratio: 4.14% |
Conventional, HELOC | 1 +1 HELOCs |
0.5% | 50% | $255,000 | View |
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950 E Rand Rd, Arlington Heights, IL 60004 A5.0 ★Texas Ratio: 6.15% |
Conventional, HELOC | 1 +1 HELOCs |
0.5% | 50% | $255,000 | View |
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1780 W Fullerton Ave, Addison, IL 60101 A+5.0 ★Texas Ratio: 2.93% |
Conventional, HELOC | 1 +1 HELOCs |
0.5% | 100% | $35,000 | View |
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103 S Randall Rd, Algonquin, IL 60102 A+5.0 ★Texas Ratio: 3.66% |
Conventional | 1 | 0.5% | 50% | $245,000 | View |
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12330 S Harlem Ave, Palos Heights, IL 60463 A+5.0 ★Texas Ratio: 3.55% |
VA | 1 | 0.5% | 100% | $325,000 | View |
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1320 N State St, Belvidere, IL 61008 A+5.0 ★Texas Ratio: 2.18% |
Conventional | 1 | 0.5% | 100% | $255,000 | View |
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100 Il Route 75 E, Davis, IL 61019 A5.0 ★Texas Ratio: 9.91% |
Conventional | 1 | 0.5% | 50% | $205,000 | View |
First State Mortgage Services
825 N Randall Rd, Batavia, IL 60510 |
Conventional | 1 | 0.5% | 100% | $285,000 | |
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1408 Airport Rd, Bloomington, IL 61704 2566 A+5.0 ★Texas Ratio: 3.66% |
Conventional | 1 | 0.5% | 100% | $135,000 | View |
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485 Lake St, Antioch, IL 60002 A+5.0 ★Texas Ratio: 0.84% |
Conventional | 1 | 0.5% | 100% | $265,000 | View |
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245 N Main St, Canton, IL 61520 A+5.0 ★Texas Ratio: 5.36% |
Conventional | 1 | 0.5% | 100% | $245,000 | View |
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1200 Lakeside Dr, Bannockburn, IL 60015 A5.0 ★Texas Ratio: 6.31% |
Conventional | 1 | 0.5% | 100% | $155,000 | View |
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Route 14 And Main Street, Crystal Lake, IL 60014 A+5.0 ★Texas Ratio: 0.47% |
Conventional | 1 | 0.5% | 100% | $245,000 | View |
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440 Mulberry St, Andover, IL 61233 A-5.0 ★Texas Ratio: 15.39% |
Conventional | 1 | 0.5% | 100% | $65,000 | View |
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4000 W Diversey Ave, Chicago, IL 60639 B+4.8 ★Texas Ratio: 16.98% |
VA | 1 | 0.5% | 100% | $205,000 | View |
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★ 1.7 stars, 3 reviews 791 S Randall Rd, Algonquin, IL 60102 A+5.0 ★Texas Ratio: 4.24% |
HELOC | 0 +5 HELOCs |
0% | n/a | View | |
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777 W Army Trail Blvd, Addison, IL 60101 A+5.0 ★Texas Ratio: 3.22% |
HELOC | 0 +1 HELOCs |
0% | 0% | View | |
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1725 S State St, Belvidere, IL 61008 A+5.0 ★Texas Ratio: 4.82% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Guaranteed Rate, Inc.
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Conventional | 3 | 1.4% | 100% | $125,000 | |
American Portfolio Mortgage Corporation
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FHA | 1 | 0.5% | 100% | $395,000 | |
Neighborhood Loans, Inc
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Conventional | 1 | 0.5% | 50% | $5,000 | |
Pacor Mortgage Corp
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Conventional | 1 | 0.5% | 100% | $225,000 | |
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A+5.0 ★Texas Ratio: 0.00% |
Conventional | 1 | 0.5% | 100% | $115,000 | View |
Greenstate Credit Union
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Conventional, FHA, HELOC | 29 +2 HELOCs |
13.7% | 100% | $207,413 | |
Rocket Mortgage
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Conventional, VA | 18 | 8.5% | 78.3% | $132,777 | |
Guild Mortgage Company
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Conventional, VA | 11 | 5.2% | 100% | $170,454 | |
Fairway Independent Mort Corp
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Conventional, FHA | 10 | 4.7% | 100% | $149,000 | |
United Wholesale Mortgage
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Conventional, VA | 7 | 3.3% | 87.5% | $276,428 | |
Mortgage Research Center
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VA | 6 | 2.8% | 85.7% | $321,666 | |
CrossCountry Mortgage, LLC
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Conventional, FHA | 4 | 1.9% | 100% | $185,000 | |
Nationstar Mortgage
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Conventional, FHA | 4 | 1.9% | 100% | $102,500 | |
Mld Mortgage, Inc.Dba the Money Store
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Conventional | 3 | 1.4% | 100% | $141,666 | |
Envoy Mortgage, Ltd
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Conventional | 2 | 0.9% | 100% | $275,000 | |
loanDepot.com LLC
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Conventional | 2 | 0.9% | 100% | $250,000 | |
First National Bank and Trust
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Conventional | 2 | 0.9% | 100% | $30,000 | |
Mortgage Solutions of Colorado
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VA | 2 | 0.9% | 100% | $250,000 | |
Prosperity Home Mortgage, LLC
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Conventional, FHA | 2 | 0.9% | 100% | $90,000 | |
EMM Loans LLC
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FHA | 1 | 0.5% | 100% | $205,000 | |
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A+5.0 ★Texas Ratio: 4.93% |
FHA | 1 | 0.5% | 100% | $125,000 | View |
Lakeview Loan Servicing, LLC
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Conventional | 1 | 0.5% | 25% | $215,000 | |
Newrez LLC
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Conventional | 1 | 0.5% | 100% | $55,000 | |
Kind Lending, LLC
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Conventional | 1 | 0.5% | 100% | $215,000 | |
Guidance Residential, LLC
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Conventional | 1 | 0.5% | 100% | $205,000 | |
Pennymac Loan Services LLC
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Conventional | 1 | 0.5% | 100% | $225,000 | |
Amerisave Mortgage Company
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Conventional | 1 | 0.5% | 100% | $135,000 | |
Synergy One Lending, Inc.
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Conventional | 1 | 0.5% | 100% | $185,000 | |
Sun West Mortgage Company, Inc
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FHA | 1 | 0.5% | 50% | $325,000 | |
Connexus Credit Union
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Conventional | 1 | 0.5% | 50% | $15,000 | |
Click n' Close, Inc.
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Conventional | 1 | 0.5% | 100% | $305,000 | |
Union Home Mortgage Corp.
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Conventional | 1 | 0.5% | 100% | $295,000 | |
New Day Financial, LLC.
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VA | 1 | 0.5% | 100% | $315,000 | |
Churchill Mortgage Corporation
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Conventional | 1 | 0.5% | 100% | $205,000 | |
Planet Home Lending, LLC
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Conventional | 1 | 0.5% | 100% | $125,000 | |
Waterstone Mortgage Corporation
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FHA | 1 | 0.5% | 100% | $285,000 | |
Towne Mortgage Company
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Conventional | 1 | 0.5% | 100% | $325,000 | |
Lower, LLC
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Conventional | 1 | 0.5% | 25% | $265,000 | |
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A5.0 ★Texas Ratio: 8.25% |
Conventional | 1 | 0.5% | 100% | $135,000 | View |
Paramount Residential Mortgage
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FHA | 1 | 0.5% | 100% | $315,000 | |
Spring Eq, LLC
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Conventional | 1 | 0.5% | 50% | $85,000 | |
Ark-La-Tex Financial Services LLC
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Conventional | 1 | 0.5% | 100% | $285,000 | |
Southwest Funding LP
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Conventional | 1 | 0.5% | 100% | $275,000 | |
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B4.5 ★Texas Ratio: 20.96% |
HELOC | 0 +3 HELOCs |
0% | n/a | View | |
Blackhawk Community Credit Uni
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
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A+5.0 ★Texas Ratio: 1.47% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
New American Funding, LLC.
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HELOC | 0 +1 HELOCs |
0% | 0% | ||
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A5.0 ★Texas Ratio: 8.14% |
HELOC | 0 +1 HELOCs |
0% | n/a | ||
Lendage, LLC dba Achieve Loans
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HELOC | 0 +1 HELOCs |
0% | n/a |
Cherry Valley Mortgage Rate Trends
Daily average mortgage rates for Illinois compared with the national average, updated every evening.
Mortgage Lenders and Mortgage Brokers Near Me in Cherry Valley, Illinois
Looking for mortgage lenders near me or mortgage brokers near me in Cherry Valley? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Cherry Valley in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Cherry Valley, IL
Use these to narrow the list above. Each category shows how many Cherry Valley, IL lenders fit and what that kind of lender is usually best for.
Who Lends in Cherry Valley, IL
Independent mortgage companies closed 45.8 percent of home loans in Cherry Valley, Illinois in 2025, banks 25.9 percent and credit unions 28.3 percent. Guaranteed Rate, Inc. was the largest mortgage company, First Mid Bank and Trust, NA the largest bank and MembersAlliance Credit Union the largest credit union. Among lenders headquartered in Illinois, MembersAlliance Credit Union led with 13 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
Frequently Asked Questions About Mortgage Lenders in Cherry Valley, IL
By home loans closed in 2025, MembersAlliance Credit Union was the largest mortgage lender in Cherry Valley, Illinois with 13 loans, about 6.1 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
12 lenders closed FHA loans in Cherry Valley, Illinois in 2025, led by Greenstate Credit Union with 3. 9 lenders closed VA loans, led by Mortgage Research Center. 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.
Yes. 33 banks and 10 credit unions closed home loans in Cherry Valley, Illinois in 2025, alongside 38 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.
Lenders are ranked only by the number of home loans they closed in Cherry Valley, 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 Cherry Valley, 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 Cherry Valley. 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.
