Mortgage Lenders and Brokers in Effingham, 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
Effingham, Illinois mortgage lenders include Dieterich BankDieterich Bank300 Sur Woods Dr, Effingham, IL 62401B+4.7 ★Texas Ratio: 18.69%, Midland States BankMidland States Bank1201 Network Centre Dr, Effingham, IL 62401A5.0 ★Texas Ratio: 9.50%, Fifth Third Bank, National AssociationFifth Third Bank, National Association200 E Jefferson Ave, Effingham, IL 62401A+5.0 ★Texas Ratio: 3.22%, First Mid Bank and Trust, NAFirst Mid Bank and Trust, NA902 N Keller Dr, Effingham, IL 62401A+5.0 ★Texas Ratio: 3.88%, First National Bank of WaterlooFirst National Bank of Waterloo210 E Fayette Ave, Effingham, IL 62401A5.0 ★Texas Ratio: 8.07%, Petefish, Skiles, & Company BankPetefish, Skiles, & Company Bank300 Washington St, Beardstown, IL 62618A+5.0 ★Texas Ratio: 1.02%, US Bank, N.A.US Bank, N.A.540 W Lake St, Addison, IL 60101A+5.0 ★Texas Ratio: 2.85%, JPMorgan Chase Bank, NAJPMorgan Chase Bank, NA600 W Lake St, Addison, IL 60101A+5.0 ★Texas Ratio: 3.68%, Scott Credit UnionScott Credit Union4807 W Main St, Belleville, IL 62226 4722A+5.0 ★Texas Ratio: 3.36%, and The Peoples State Bank of NewtonThe Peoples State Bank of Newton201 N Main St, Bridgeport, IL 62417A+5.0 ★Texas Ratio: 3.16%. 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 Effingham, Illinois in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Effingham 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 Effingham, Illinois
Market share is the lender's share of all home loans closed in Effingham, 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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3 offices in Effingham 300 Sur Woods Dr, Effingham, IL 62401 B+4.7 ★Texas Ratio: 18.69% |
Conventional | 29 | 19.7% | 93.5% | $165,000 | View |
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2 offices in Effingham 1201 Network Centre Dr, Effingham, IL 62401 A5.0 ★Texas Ratio: 9.50% |
Conventional, FHA, USDA, HELOC | 10 +5 HELOCs |
6.8% | 100% | $190,000 | View |
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1 office in Effingham 200 E Jefferson Ave, Effingham, IL 62401 A+5.0 ★Texas Ratio: 3.22% |
Conventional, HELOC | 4 +8 HELOCs |
2.7% | 80% | $170,000 | View |
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1 office in Effingham 902 N Keller Dr, Effingham, IL 62401 A+5.0 ★Texas Ratio: 3.88% |
Conventional, HELOC | 4 +2 HELOCs |
2.7% | 100% | $265,000 | View |
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1 office in Effingham 210 E Fayette Ave, Effingham, IL 62401 A5.0 ★Texas Ratio: 8.07% |
Conventional | 3 | 2% | 100% | $135,000 | View |
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300 Washington St, Beardstown, IL 62618 A+5.0 ★Texas Ratio: 1.02% |
Conventional, USDA | 8 | 5.4% | 80% | $156,250 | View |
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540 W Lake St, Addison, IL 60101 A+5.0 ★Texas Ratio: 2.85% |
Conventional, FHA, HELOC | 2 +1 HELOCs |
1.4% | 66.7% | $180,000 | View |
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600 W Lake St, Addison, IL 60101 A+5.0 ★Texas Ratio: 3.68% |
Conventional | 2 | 1.4% | 100% | $185,000 | View |
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4807 W Main St, Belleville, IL 62226 4722 A+5.0 ★Texas Ratio: 3.36% |
Conventional | 2 | 1.4% | 100% | $155,000 | View |
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201 N Main St, Bridgeport, IL 62417 A+5.0 ★Texas Ratio: 3.16% |
Conventional | 2 | 1.4% | 100% | $155,000 | View |
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915 8th Ave, Erie, IL 61250 B+4.8 ★Texas Ratio: 17.30% |
Conventional | 2 | 1.4% | 100% | $240,000 | View |
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120 Homer M Adams Pkwy, Alton, IL 62002 A+5.0 ★Texas Ratio: 3.58% |
Conventional | 1 | 0.7% | 100% | $185,000 | View |
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1310 E City Route 40, Greenville, IL 62246 A+5.0 ★Texas Ratio: 4.91% |
Conventional | 1 | 0.7% | 100% | $125,000 | View |
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4855 Aldi Dr, Decatur, IL 62521 A+5.0 ★Texas Ratio: 2.47% |
Conventional | 1 | 0.7% | 100% | $165,000 | View |
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East Illinois Street And Route 51, Assumption, IL 62510 A+5.0 ★Texas Ratio: 0.49% |
Conventional | 1 | 0.7% | 100% | $55,000 | View |
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2403 Homer M Adams Pkwy, Alton, IL 62002 A+5.0 ★Texas Ratio: 2.53% |
Conventional | 1 | 0.7% | 100% | $115,000 | View |
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400 Public Sq, Benton, IL 62812 A+5.0 ★Texas Ratio: 3.47% |
Conventional | 1 | 0.7% | 100% | $15,000 | View |
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101 W Main St, Bethany, IL 61914 A+5.0 ★Texas Ratio: 1.21% |
Conventional | 1 | 0.7% | 100% | $35,000 | View |
Community Banc Mortgage Corp
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Conventional, USDA | 3 | 2% | 75% | $191,666 | |
New American Funding, LLC.
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Conventional, FHA, VA, USDA, HELOC | 21 +1 HELOCs |
14.3% | 95.5% | $184,047 | |
Rocket Mortgage
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Conventional, FHA | 14 | 9.5% | 77.8% | $137,142 | |
Castle & Cooke Mortgage, LLC
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Conventional, FHA | 6 | 4.1% | 100% | $158,333 | |
Mortgage Research Center
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Conventional, VA, USDA | 6 | 4.1% | 66.7% | $210,000 | |
United Wholesale Mortgage
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Conventional, FHA, VA | 3 | 2% | 100% | $205,000 | |
Pennymac Loan Services LLC
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Conventional, VA | 3 | 2% | 100% | $161,666 | |
Vanderbilt Mortgage and Finance, Inc
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Conventional | 3 | 2% | 26.7% | $81,666 | |
Discover Bank
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Conventional | 2 | 1.4% | 66.7% | $65,000 | |
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A5.0 ★Texas Ratio: 8.14% |
Conventional, VA | 2 | 1.4% | 100% | $300,000 | |
Consumer Real Estate Finance Co DBA Society Mortgage
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USDA | 1 | 0.7% | 100% | $135,000 | |
Freedom Mortgage Corporation
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VA | 1 | 0.7% | 100% | $315,000 | |
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A+5.0 ★Texas Ratio: 5.29% |
Conventional | 1 | 0.7% | 100% | $275,000 | View |
Amerisave Mortgage Company
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Conventional | 1 | 0.7% | 33.3% | $45,000 | |
Das Acquisition Company, LLC
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Conventional | 1 | 0.7% | 100% | $155,000 | |
Nationstar Mortgage
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Conventional | 1 | 0.7% | 33.3% | $45,000 | |
Lower, LLC
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Conventional | 1 | 0.7% | 50% | $235,000 | |
Fairway Independent Mort Corp
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Conventional | 1 | 0.7% | 50% | $195,000 | |
21St Mortgage
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Conventional | 1 | 0.7% | 100% | $35,000 | |
Figure Lending LLC
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HELOC | 0 +3 HELOCs |
0% | n/a | ||
Lendage, LLC dba Achieve Loans
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HELOC | 0 +3 HELOCs |
0% | n/a | ||
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B4.5 ★Texas Ratio: 20.96% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Spring Eq, LLC
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HELOC | 0 +1 HELOCs |
0% | 0% |
Effingham 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 Effingham, Illinois
Looking for mortgage lenders near me or mortgage brokers near me in Effingham? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Effingham in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Effingham, IL
Use these to narrow the list above. Each category shows how many Effingham, IL lenders fit and what that kind of lender is usually best for.
Who Lends in Effingham, IL
Independent mortgage companies closed 44.2 percent of home loans in Effingham, Illinois in 2025, banks 52.4 percent and credit unions 3.4 percent. New American Funding, LLC. was the largest mortgage company, Dieterich Bank the largest bank and Scott Credit Union the largest credit union. Among lenders headquartered in Illinois, Dieterich Bank led with 29 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 Effingham, IL
By home loans closed in 2025, Dieterich Bank was the largest mortgage lender in Effingham, Illinois with 29 loans, about 19.7 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
6 lenders closed FHA loans in Effingham, Illinois in 2025, led by New American Funding, LLC. with 11. 6 lenders closed VA loans, led by Mortgage Research Center, and 6 closed USDA rural loans. 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. 19 banks and 3 credit unions closed home loans in Effingham, Illinois in 2025, alongside 19 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 Effingham, 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 Effingham, 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 Effingham. 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.
