Mortgage Lenders and Brokers in Downs, 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
Downs, Illinois mortgage lenders include First State Mortgage ServicesFirst State Mortgage Services825 N Randall Rd, Batavia, IL 60510, US Bank, N.A.US Bank, N.A.540 W Lake St, Addison, IL 60101A+5.0 ★Texas Ratio: 2.85%, Morton Community BankMorton Community Bank209 S Main St, Albany, IL 61230A+5.0 ★Texas Ratio: 5.85%, Heartland Bank & Trust CompanyHeartland Bank & Trust Company485 Lake St, Antioch, IL 60002A+5.0 ★Texas Ratio: 0.84%, Illinois State Credit UnionIllinois State Credit Union1408 Airport Rd, Bloomington, IL 61704 2566A+5.0 ★Texas Ratio: 3.66%, JPMorgan Chase Bank, NAJPMorgan Chase Bank, NA600 W Lake St, Addison, IL 60101A+5.0 ★Texas Ratio: 3.68%, Prairie State Bank & TrustPrairie State Bank & Trust1101 Trinity Ln, Bloomington, IL 61704A+5.0 ★Texas Ratio: 2.86%, Flanagan State BankFlanagan State Bank403 State St, Benson, IL 61516A4.7 ★Texas Ratio: 2.58%, Busey BankBusey Bank4415 Martin Luther King Dr, Alton, IL 62002A+5.0 ★Texas Ratio: 2.31%, and Bank of PontiacBank of Pontiac4001 General Electric Rd, Bloomington, IL 61704A+5.0 ★Texas Ratio: 1.83%. 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 Downs, Illinois in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Downs 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 Downs, Illinois
Market share is the lender's share of all home loans closed in Downs, 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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First State Mortgage Services
825 N Randall Rd, Batavia, IL 60510 |
Conventional, FHA, VA | 41 | 24.7% | 100% | $367,682 | |
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540 W Lake St, Addison, IL 60101 A+5.0 ★Texas Ratio: 2.85% |
Conventional, HELOC | 6 +2 HELOCs |
3.6% | 87.5% | $283,333 | View |
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209 S Main St, Albany, IL 61230 A+5.0 ★Texas Ratio: 5.85% |
Conventional, HELOC | 5 +4 HELOCs |
3% | 100% | $425,000 | View |
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485 Lake St, Antioch, IL 60002 A+5.0 ★Texas Ratio: 0.84% |
Conventional, HELOC | 3 +4 HELOCs |
1.8% | 100% | $315,000 | View |
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1408 Airport Rd, Bloomington, IL 61704 2566 A+5.0 ★Texas Ratio: 3.66% |
Conventional, HELOC | 3 +1 HELOCs |
1.8% | 100% | $285,000 | View |
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600 W Lake St, Addison, IL 60101 A+5.0 ★Texas Ratio: 3.68% |
Conventional | 3 | 1.8% | 100% | $325,000 | View |
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1101 Trinity Ln, Bloomington, IL 61704 A+5.0 ★Texas Ratio: 2.86% |
Conventional | 3 | 1.8% | 100% | $301,666 | View |
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403 State St, Benson, IL 61516 A4.7 ★Texas Ratio: 2.58% |
Conventional | 3 | 1.8% | 100% | $245,000 | View |
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4415 Martin Luther King Dr, Alton, IL 62002 A+5.0 ★Texas Ratio: 2.31% |
Conventional, HELOC | 2 +5 HELOCs |
1.2% | 50% | $460,000 | View |
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4001 General Electric Rd, Bloomington, IL 61704 A+5.0 ★Texas Ratio: 1.83% |
Conventional | 2 | 1.2% | 100% | $40,000 | View |
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777 W Army Trail Blvd, Addison, IL 60101 A+5.0 ★Texas Ratio: 3.22% |
Conventional | 2 | 1.2% | 100% | $415,000 | View |
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★ 1.7 stars, 3 reviews 791 S Randall Rd, Algonquin, IL 60102 A+5.0 ★Texas Ratio: 4.24% |
VA, HELOC | 1 +4 HELOCs |
0.6% | 100% | $515,000 | View |
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1015 W Windsor Rd, Champaign, IL 61821 A5.0 ★Texas Ratio: 13.68% |
Conventional, Jumbo | 1 | 0.6% | 100% | $905,000 | View |
Longview Community Bank
100 E Olive St, Chestnut, IL 62518 |
Conventional | 1 | 0.6% | 100% | $205,000 | |
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1811 Eastland Dr, Bloomington, IL 61704 A5.0 ★Texas Ratio: 13.78% |
Conventional | 1 | 0.6% | 100% | $85,000 | View |
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1711 General Electric Rd, Bloomington, IL 61704 2286 A+5.0 ★Texas Ratio: 1.90% |
Conventional | 1 | 0.6% | 50% | $155,000 | View |
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1722 E Hamilton Rd, Bloomington, IL 61704 A+5.0 ★Texas Ratio: 4.34% |
Conventional | 1 | 0.6% | 100% | $545,000 | View |
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2402 E Washington St, Bloomington, IL 61704 A5.0 ★Texas Ratio: 9.74% |
FHA | 1 | 0.6% | 100% | $145,000 | View |
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131 N Main St, Atwood, IL 61913 A+5.0 ★Texas Ratio: 2.03% |
Conventional | 1 | 0.6% | 50% | $275,000 | View |
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825 N Randall Rd, Batavia, IL 60510 A+5.0 ★Texas Ratio: 3.55% |
Conventional | 1 | 0.6% | 100% | $45,000 | View |
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180 E Bodman St, Bement, IL 61813 A+5.0 ★Texas Ratio: 3.18% |
Conventional | 1 | 0.6% | 100% | $105,000 | View |
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300 Washington St, Beardstown, IL 62618 A+5.0 ★Texas Ratio: 1.02% |
Conventional | 1 | 0.6% | 100% | $345,000 | View |
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2850 Homer M Adams Pkwy, Alton, IL 62002 A+5.0 ★Texas Ratio: 4.37% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
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442 S Demazenod Dr, Belleville, IL 62223 A+5.0 ★Texas Ratio: 0.89% |
HELOC | 0 +1 HELOCs |
0% | 0% | View | |
Citizens Equity First Credit U
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Conventional, HELOC | 6 +12 HELOCs |
3.6% | 100% | $283,333 | |
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A5.0 ★Texas Ratio: 13.21% |
Conventional | 3 | 1.8% | 100% | $375,000 | View |
Compass Mortgage, Inc.
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Conventional | 2 | 1.2% | 100% | $190,000 | |
Guaranteed Rate, Inc.
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VA | 1 | 0.6% | 100% | $435,000 | |
Rocket Mortgage
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Conventional, FHA, VA | 13 | 7.8% | 92.9% | $177,307 | |
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A+5.0 ★Texas Ratio: 2.14% |
Conventional, FHA, VA | 10 | 6% | 100% | $303,000 | View |
United Wholesale Mortgage
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Conventional | 9 | 5.4% | 90.9% | $349,444 | |
Point Mortgage Corp
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Conventional | 4 | 2.4% | 100% | $255,000 | |
Nationstar Mortgage
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Conventional | 4 | 2.4% | 80% | $67,500 | |
Freedom Mortgage Corporation
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VA | 2 | 1.2% | 66.7% | $285,000 | |
Compeer Financial
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Conventional | 2 | 1.2% | 100% | $150,000 | |
Pennymac Loan Services LLC
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Conventional | 2 | 1.2% | 100% | $160,000 | |
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B-3.5 ★Texas Ratio: 6.80% |
VA | 2 | 1.2% | 100% | $515,000 | View |
The Loan Store, Inc
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Conventional, FHA | 2 | 1.2% | 100% | $380,000 | |
Spring Eq, LLC
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Conventional, HELOC | 1 +1 HELOCs |
0.6% | 33.3% | $85,000 | |
Alameda Mortgage Corporation
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Conventional | 1 | 0.6% | 100% | $465,000 | |
Servion
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Conventional | 1 | 0.6% | 100% | $85,000 | |
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A5.0 ★Texas Ratio: 9.85% |
Conventional | 1 | 0.6% | 100% | $395,000 | View |
CrossCountry Mortgage, LLC
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Conventional | 1 | 0.6% | 100% | $385,000 | |
Guidance Residential, LLC
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Conventional | 1 | 0.6% | 100% | $505,000 | |
AmeriHome Mortgage Company, LLC
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Conventional | 1 | 0.6% | 100% | $255,000 | |
Movement Mortgage, LLC
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FHA | 1 | 0.6% | 100% | $495,000 | |
PHH Mortgage Corporation
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VA | 1 | 0.6% | 100% | $465,000 | |
Amerisave Mortgage Company
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Conventional | 1 | 0.6% | 50% | $105,000 | |
Synergy One Lending, Inc.
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FHA | 1 | 0.6% | 50% | $195,000 | |
Guild Mortgage Company
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Conventional, Jumbo | 1 | 0.6% | 100% | $1,495,000 | |
American Financing Corporation
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VA | 1 | 0.6% | 50% | $145,000 | |
Provident Funding Associates
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Conventional | 1 | 0.6% | 100% | $365,000 | |
Mortgage Research Center
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VA | 1 | 0.6% | 50% | $405,000 | |
Digital Federal Credit Union
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Conventional | 1 | 0.6% | 100% | $545,000 | |
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A-5.0 ★Texas Ratio: 14.33% |
Conventional | 1 | 0.6% | 100% | $325,000 | View |
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A5.0 ★Texas Ratio: 8.14% |
VA | 1 | 0.6% | 50% | $285,000 | |
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A+5.0 ★Texas Ratio: 0.51% |
Conventional | 1 | 0.6% | 100% | $65,000 | View |
Village Capital & Investment
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VA | 1 | 0.6% | 100% | $225,000 | |
Figure Lending LLC
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HELOC | 0 +2 HELOCs |
0% | n/a |
Downs 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 Downs, Illinois
Looking for mortgage lenders near me or mortgage brokers near me in Downs? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Downs in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Downs, IL
Use these to narrow the list above. Each category shows how many Downs, IL lenders fit and what that kind of lender is usually best for.
Who Lends in Downs, IL
Independent mortgage companies closed 36.1 percent of home loans in Downs, Illinois in 2025, banks 55.4 percent and credit unions 8.4 percent. Premia Mortgage, LLC was the largest mortgage company, First State Mortgage Services the largest bank and Illinois State Credit Union the largest credit union. Among lenders headquartered in Illinois, First State Mortgage Services led with 41 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 Downs, IL
By home loans closed in 2025, First State Mortgage Services was the largest mortgage lender in Downs, Illinois with 41 loans, about 24.7 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
7 lenders closed FHA loans in Downs, Illinois in 2025, led by Ixonia Bank with 3. 12 lenders closed VA loans, led by First State Mortgage Services. 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. 24 banks and 7 credit unions closed home loans in Downs, Illinois in 2025, alongside 28 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 Downs, 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 Downs, 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 Downs. 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.
