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Mortgage Lenders and Brokers in Elgin, Illinois

Content reviewed by

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

Elgin, Illinois mortgage lenders include JPMorgan Chase Bank, NAJPMorgan Chase Bank, NA270 S Randall Rd, Elgin, IL 60123A+5.0 ★Texas Ratio: 3.68%, US Bank, N.A.US Bank, N.A.815 S Randall Rd, Elgin, IL 60123A+5.0 ★Texas Ratio: 2.85%, Huntington National BankHuntington National Bank1660 Larkin Ave, Elgin, IL 60123A+5.0 ★Texas Ratio: 3.66%, Fifth Third Bank, National AssociationFifth Third Bank, National Association1645 Larkin Ave, Elgin, IL 60123A+5.0 ★Texas Ratio: 3.22%, BMO Harris Bank NABMO Harris Bank NA250 Dundee Ave, Elgin, IL 60120A+5.0 ★Texas Ratio: 3.54%, PNC Bank N.A.PNC Bank N.A.1695 Larkin Ave, Elgin, IL 60123A+5.0 ★Texas Ratio: 4.24%, Bank of America NABank of America NA635 S Randall Rd, Elgin, IL 60123A+5.0 ★Texas Ratio: 4.14%, St. Charles Bank & Trust Company, N.A.St. Charles Bank & Trust Company, N.A.445 Summit St, Elgin, IL 60120A+5.0 ★Texas Ratio: 5.27%, Associated Bank NAAssociated Bank NA2001 Larkin Ave, Elgin, IL 60123A+5.0 ★Texas Ratio: 3.45%, and First Federal Savings BankFirst Federal Savings Bank325 S Randall Rd, Elgin, IL 60123A5.0 ★Texas Ratio: 8.80%. 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 Elgin, Illinois in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Elgin 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 Elgin, Illinois

Market share is the lender's share of all home loans closed in Elgin, 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 3 offices in Elgin 270 S Randall Rd, Elgin, IL 60123 A+5.0 ★Texas Ratio: 3.68%	Conventional, FHA, Jumbo, HELOC	101 +10 HELOCs	5.1%	95.4%	$254,603	View
US Bank, N.A. 1 office in Elgin 815 S Randall Rd, Elgin, IL 60123 A+5.0 ★Texas Ratio: 2.85%	Conventional, HELOC	30 +12 HELOCs	1.5%	62%	$219,666	View
Huntington National Bank 1 office in Elgin 1660 Larkin Ave, Elgin, IL 60123 A+5.0 ★Texas Ratio: 3.66%	Conventional, FHA, HELOC	17 +31 HELOCs	0.9%	77.3%	$259,117	View
Fifth Third Bank, National Association 2 offices in Elgin 1645 Larkin Ave, Elgin, IL 60123 A+5.0 ★Texas Ratio: 3.22%	Conventional, FHA, Jumbo, HELOC	15 +44 HELOCs	0.8%	65.2%	$358,333	View
BMO Harris Bank NA 2 offices in Elgin 250 Dundee Ave, Elgin, IL 60120 A+5.0 ★Texas Ratio: 3.54%	Conventional, FHA, HELOC	14 +37 HELOCs	0.7%	60.9%	$291,428	View
PNC Bank N.A. ★ 1.7 stars, 3 reviews 3 offices in Elgin 1695 Larkin Ave, Elgin, IL 60123 A+5.0 ★Texas Ratio: 4.24%	Conventional, FHA, HELOC	8 +51 HELOCs	0.4%	72.7%	$275,000	View
Bank of America NA 1 office in Elgin 635 S Randall Rd, Elgin, IL 60123 A+5.0 ★Texas Ratio: 4.14%	Conventional, HELOC	5 +19 HELOCs	0.3%	62.5%	$247,000	View
St. Charles Bank & Trust Company, N.A. 3 offices in Elgin 445 Summit St, Elgin, IL 60120 A+5.0 ★Texas Ratio: 5.27%	Conventional	5	0.3%	100%	$311,000	View
Associated Bank NA 2 offices in Elgin 2001 Larkin Ave, Elgin, IL 60123 A+5.0 ★Texas Ratio: 3.45%	Conventional, HELOC	4 +20 HELOCs	0.2%	57.1%	$185,000	View
First Federal Savings Bank 1 office in Elgin 325 S Randall Rd, Elgin, IL 60123 A5.0 ★Texas Ratio: 8.80%	Conventional	4	0.2%	100%	$242,500	View
Old Second National Bank 1 office in Elgin 3290 Us Highway 20 And Nesler Road, Elgin, IL 60123 A5.0 ★Texas Ratio: 6.17%	Conventional, HELOC	3 +16 HELOCs	0.2%	100%	$425,000	View
TBK Bank, SSB 1 office in Elgin 3151 Us Highway 20, Elgin, IL 60124 A5.0 ★Texas Ratio: 8.52%	Conventional	2	0.1%	100%	$365,000	View
Corporate America Family CU 2075 Big Timber Rd, Elgin, IL 60123 1140	Conventional	1	0.1%	100%	$85,000
Consumers Credit Union 111 S HAWTHORNE ST, ELGIN, IL 60123 A5.0 ★Texas Ratio: 6.15%	Conventional, HELOC	47 +101 HELOCs	2.4%	87.3%	$97,340	View
Barrington Bank & Trust Company, N.A. 233 W Northwest Hwy, Barrington, IL 60010 A+5.0 ★Texas Ratio: 2.20%	Conventional, FHA, VA	28	1.4%	93.8%	$258,928	View
First National Bank of Omaha 1725 S State St, Belvidere, IL 61008 A+5.0 ★Texas Ratio: 4.82%	Conventional, HELOC	17 +28 HELOCs	0.9%	89.5%	$267,941	View
The Federal Savings Bank 4000 W Diversey Ave, Chicago, IL 60639 B+4.8 ★Texas Ratio: 16.98%	Conventional, FHA, VA	14	0.7%	87.5%	$307,857	View
First American Bank 1780 W Fullerton Ave, Addison, IL 60101 A+5.0 ★Texas Ratio: 2.93%	Conventional, HELOC	9 +25 HELOCs	0.5%	75%	$147,222	View
CIBM Bank 1801 E Empire St, Bloomington, IL 61704 A5.0 ★Texas Ratio: 8.91%	Conventional, FHA, VA	9	0.5%	81.8%	$329,444	View
Wells Fargo Bank NA 245 N Main St, Canton, IL 61520 A+5.0 ★Texas Ratio: 5.36%	Conventional	7	0.4%	87.5%	$283,571	View
Citibank, NA 1828 N Arlington Heights Rd, Arlington Heights, IL 60004 A+5.0 ★Texas Ratio: 2.82%	Conventional, HELOC	6 +3 HELOCs	0.3%	100%	$356,666	View
Old National Bank 11900 S Pulaski Rd, Alsip, IL 60803 A+5.0 ★Texas Ratio: 4.98%	Conventional, HELOC	5 +4 HELOCs	0.3%	55.6%	$209,000	View
United Home Loans, Inc. 4747 W Peterson Ave Ste 100, Chicago, IL 60646	Conventional, FHA, VA	5	0.3%	100%	$249,000
Home State Bank National Association Route 14 And Main Street, Crystal Lake, IL 60014 A+5.0 ★Texas Ratio: 0.47%	Conventional	4	0.2%	100%	$220,000	View
First State Mortgage Services 825 N Randall Rd, Batavia, IL 60510	Conventional, FHA, VA	3	0.2%	100%	$315,000
Cornerstone National Bank & Trust Company 1185 S Il Route 31, Crystal Lake, IL 60014 A+5.0 ★Texas Ratio: 0.20%	Conventional	3	0.2%	100%	$428,333	View
Waterman Bank 1747 W North Ave, Chicago, IL 60622 A5.0 ★Texas Ratio: 8.69%	Conventional	3	0.2%	100%	$321,666	View
Homeland Mortgage Company 305 N 48th St, Quincy, IL 62305	Conventional	3	0.2%	100%	$435,000
Baxter Credit Union 1200 Lakeside Dr, Bannockburn, IL 60015 A5.0 ★Texas Ratio: 6.31%	Conventional, HELOC	2 +5 HELOCs	0.1%	66.7%	$210,000	View
Alliant Credit Union 11545 W Touhy Ave, Chicago, IL 60666 A5.0 ★Texas Ratio: 6.04%	Conventional, HELOC	2 +3 HELOCs	0.1%	100%	$270,000	View
DuPage Credit Union 725 Ogden Ave, Downers Grove, IL 60515 2915 A+5.0 ★Texas Ratio: 3.55%	Conventional, HELOC	2 +3 HELOCs	0.1%	100%	$205,000	View
Regions Bank 2850 Homer M Adams Pkwy, Alton, IL 62002 A+5.0 ★Texas Ratio: 4.37%	Conventional, HELOC	2 +1 HELOCs	0.1%	100%	$60,000	View
North Shore Trust & Savings 3060 W Sand Lake Rd, Lindenhurst, IL 60046 A+5.0 ★Texas Ratio: 3.87%	Conventional, FHA	2	0.1%	66.7%	$220,000	View
Success Lending, LLC 1807 W Cermak Rd, Broadview, IL 60155 A+5.0 ★Texas Ratio: 3.62%	Conventional	2	0.1%	100%	$300,000	View
NuMark Credit Union 403 Asbury Dr, Aurora, IL 60502 A5.0 ★Texas Ratio: 8.07%	Conventional	2	0.1%	100%	$230,000	View
First Northern Credit Union 230 W Monroe St, Chicago, IL 60606 A+5.0 ★Texas Ratio: 4.14%	Conventional	2	0.1%	100%	$185,000	View
American Community Bank & Trust 85 W Algonquin Rd, Arlington Heights, IL 60005 A5.0 ★Texas Ratio: 6.61%	Conventional	2	0.1%	100%	$165,000	View
Healthcare Associates Credit Union 249 S River Rd, Des Plaines, IL 60016 A+5.0 ★Texas Ratio: 5.30%	Conventional	2	0.1%	50%	$60,000	View
Republic Bank of Chicago 1640 W Lake St, Addison, IL 60101 A-5.0 ★Texas Ratio: 15.03%	Conventional	2	0.1%	100%	$165,000	View
American Commercial Bank & Trust, National Association 1315 N North Branch St, Chicago, IL 60642 A+5.0 ★Texas Ratio: 3.75%	Conventional	2	0.1%	100%	$415,000	View
American B&T C, N.A. 8 S Main St, Elburn, IL 60119 A5.0 ★Texas Ratio: 7.06%	Conventional, FHA	2	0.1%	100%	$195,000	View
First Mid Bank and Trust, NA 101 W Washington Ave, Altamont, IL 62411 A+5.0 ★Texas Ratio: 3.88%	Conventional, HELOC	1 +1 HELOCs	0.1%	50%	$235,000	View
CIBC Bank USA 23840 W Eames St, Channahon, IL 60410 A+5.0 ★Texas Ratio: 5.05%	FHA	1	0.1%	100%	$165,000	View
Devon Bank 6445 N Western Ave, Chicago, IL 60645 B+4.0 ★Texas Ratio: 2.09%	Conventional	1	0.1%	50%	$325,000	View
TrustBank 401 Park St, Cisne, IL 62823 A5.0 ★Texas Ratio: 13.67%	Conventional	1	0.1%	100%	$225,000	View
First National Bank of Brookfield 9136 Washington Ave, Brookfield, IL 60513 A+5.0 ★Texas Ratio: 0.00%	Conventional	1	0.1%	100%	$245,000	View
Illinois State Police Federal Credit Union 730 Engineering Ave, Springfield, IL 62703 A+5.0 ★Texas Ratio: 0.03%	Conventional	1	0.1%	100%	$55,000	View
Scott Credit Union 4807 W Main St, Belleville, IL 62226 4722 A+5.0 ★Texas Ratio: 3.36%	Conventional	1	0.1%	100%	$515,000	View
Iaa Credit Union 1711 General Electric Rd, Bloomington, IL 61704 2286 A+5.0 ★Texas Ratio: 1.90%	Conventional	1	0.1%	100%	$155,000	View
Sauk Valley Bank & Trust Company 224 N Galena Ave, Dixon, IL 61021 A5.0 ★Texas Ratio: 7.96%	Conventional	1	0.1%	100%	$105,000	View
Central Credit Union of Illinois 440 Mulberry St, Andover, IL 61233 A-5.0 ★Texas Ratio: 15.39%	Conventional	1	0.1%	100%	$35,000	View
Bank First N.A. 300 E Main St, Rockton, IL 61072 A+5.0 ★Texas Ratio: 3.47%	Conventional	1	0.1%	100%	$625,000	View
Illiana Financial Credit Union 1130 Armour Rd, Bourbonnais, IL 60914 A+5.0 ★Texas Ratio: 3.13%	Conventional	1	0.1%	100%	$75,000	View
Heartland Bank & Trust Company 485 Lake St, Antioch, IL 60002 A+5.0 ★Texas Ratio: 0.84%	Conventional, Jumbo	1	0.1%	100%	$1,185,000	View
Midland States Bank 951 Dixie Hwy, Beecher, IL 60401 A5.0 ★Texas Ratio: 9.50%	FHA	1	0.1%	50%	$295,000	View
Resource Bank N.A. 10 W North Ave, Cortland, IL 60112 B+4.7 ★Texas Ratio: 18.28%	Conventional	1	0.1%	100%	$235,000	View
Central Bank Illinois 440 Mulberry St, Andover, IL 61233 A-5.0 ★Texas Ratio: 15.39%	Conventional	1	0.1%	100%	$225,000	View
Marquette Bank 234 N Bolingbrook Dr, Bolingbrook, IL 60440 A+5.0 ★Texas Ratio: 0.74%	FHA	1	0.1%	100%	$275,000	View
CBI Bank & Trust 123 E Knoxville St, Brimfield, IL 61517 A+5.0 ★Texas Ratio: 5.41%	Conventional	1	0.1%	100%	$275,000	View
Credit Union 1 750 S Halsted St Rm 220C, Chicago, IL 60607 7008	HELOC	0 +3 HELOCs	0%	0%
Guaranteed Rate, Inc.	Conventional, FHA, VA, HELOC	88 +5 HELOCs	4.4%	94.7%	$298,977
Mutual of Omaha Mortgage	Conventional, FHA, VA	24	1.2%	80%	$277,083
Compass Mortgage, Inc.	Conventional, FHA	23	1.2%	95.8%	$271,521
Key Mortgage Services, Inc. A+5.0 ★Texas Ratio: 4.81%	Conventional, FHA	18	0.9%	100%	$319,444	View
Neighborhood Loans, Inc	Conventional	16	0.8%	41.9%	$10,000
Guaranteed Rate Affinity, LLC	Conventional	13	0.7%	92.9%	$217,307
Originpoint, LLC	Conventional	8	0.4%	100%	$350,000
A&N Mortgage Services, Inc. A+5.0 ★Texas Ratio: 4.11%	Conventional	7	0.4%	100%	$305,000	View
Cmg Mortgage Inc	Conventional, HELOC	4 +2 HELOCs	0.2%	100%	$232,500
American Portfolio Mortgage Corporation	Conventional	1	0.1%	100%	$325,000
Evergreen Bank Group A+5.0 ★Texas Ratio: 0.00%	Conventional	1	0.1%	100%	$155,000	View
Crown Mortgage Company	Conventional	1	0.1%	100%	$195,000
Abbott Laboratories Employees Credit Union	Conventional	1	0.1%	100%	$105,000
Proper Rate, LLC	HELOC	0 +1 HELOCs	0%	n/a
Rocket Mortgage	Conventional, FHA, VA, Jumbo	154	7.8%	88.2%	$250,844
United Wholesale Mortgage	Conventional, FHA, VA, HELOC	151 +4 HELOCs	7.6%	87%	$341,821
M/I Financial. LLC	Conventional, FHA, VA	92	4.6%	94.4%	$370,326
CrossCountry Mortgage, LLC	Conventional, FHA, VA, HELOC	79 +2 HELOCs	4%	100%	$275,759
Fairway Independent Mort Corp	Conventional, FHA, VA	73	3.7%	92.7%	$227,054
Greenstate Credit Union	Conventional, FHA, HELOC	71 +6 HELOCs	3.6%	95%	$166,267
Guild Mortgage Company	Conventional, FHA	66	3.3%	98.6%	$252,121
loanDepot.com LLC	Conventional, FHA, VA, HELOC	47 +2 HELOCs	2.4%	75.8%	$247,340
Lennar Mortgage, LLC	Conventional, FHA	36	1.8%	90%	$464,444
Nationstar Mortgage	Conventional, FHA, VA	32	1.6%	85.7%	$135,625
Pennymac Loan Services LLC	Conventional, FHA, VA	30	1.5%	75%	$267,666
DHI Mortgage Company, LTD.	Conventional, FHA	29	1.5%	88.2%	$446,379
Lower, LLC	Conventional, FHA	28	1.4%	96.6%	$417,857
American Pacific Mortgage Corporation	Conventional	26	1.3%	92.9%	$325,384
Freedom Mortgage Corporation	Conventional, FHA, VA	23	1.2%	80%	$314,565
New American Funding, LLC.	Conventional, FHA, HELOC	20 +1 HELOCs	1%	95.2%	$237,000
Pulte Mortgage LLC	Conventional, VA	19	1%	95%	$476,578
Union Home Mortgage Corp.	Conventional, FHA, VA, HELOC	18 +1 HELOCs	0.9%	81.8%	$348,333
Mld Mortgage, Inc.Dba the Money Store	Conventional, FHA	18	0.9%	100%	$286,666
Newrez LLC	Conventional, VA	16	0.8%	51.4%	$222,500
The Loan Store, Inc	Conventional	15	0.8%	94.1%	$299,666
Towne Mortgage Company	Conventional, FHA	13	0.7%	100%	$322,692
Sofi Bank, National Association A+5.0 ★Texas Ratio: 0.51%	Conventional	13	0.7%	77.8%	$149,615	View
A&D Mortgage LLC A+5.0 ★Texas Ratio: 4.11%	Conventional	12	0.6%	100%	$393,333	View
Mortgage Research Center	Conventional, VA	11	0.6%	64.7%	$383,181
Plaza Home Mortgage, Inc	Conventional, VA	11	0.6%	73.3%	$336,818
Lakeview Loan Servicing, LLC	Conventional, FHA, VA	10	0.5%	43.2%	$277,000
Movement Mortgage, LLC	Conventional, FHA	10	0.5%	100%	$303,000
Spring Eq, LLC	Conventional, HELOC	9 +2 HELOCs	0.5%	50%	$66,111
Provident Funding Associates	Conventional	9	0.5%	100%	$419,444
Navy Federal Credit Union A5.0 ★Texas Ratio: 8.14%	Conventional, VA, HELOC	8 +6 HELOCs	0.4%	72.7%	$183,750
Amerisave Mortgage Company	Conventional, FHA, HELOC	8 +1 HELOCs	0.4%	28.6%	$136,250
Guidance Residential, LLC	Conventional	8	0.4%	100%	$361,250
Kind Lending, LLC	Conventional, FHA	7	0.4%	87.5%	$346,428
AmeriHome Mortgage Company, LLC	Conventional, FHA	6	0.3%	100%	$290,000
Nvr Mortgage Finance, Inc.	Conventional	6	0.3%	100%	$345,000
Prosperity Home Mortgage, LLC	Conventional, VA	6	0.3%	85.7%	$355,000
Resicentral LLC	Conventional, FHA	5	0.3%	100%	$275,000
Sun West Mortgage Company, Inc	Conventional, FHA	5	0.3%	83.3%	$353,000
Bay Equity LLC	Conventional, FHA	5	0.3%	100%	$369,000
Uif Corporation	Conventional	5	0.3%	100%	$471,000
First National Bank of America B-4.3 ★Texas Ratio: 23.12%	Conventional	5	0.3%	100%	$245,000	View
Consumer Real Estate Finance Co DBA Society Mortgage	Conventional, FHA	4	0.2%	80%	$242,500
Luminate Bank A5.0 ★Texas Ratio: 11.06%	Conventional, FHA	4	0.2%	100%	$252,500	View
Ocmbc, Inc. A+5.0 ★Texas Ratio: 5.05%	Conventional	4	0.2%	85.7%	$250,000	View
Click n' Close, Inc.	Conventional, FHA, VA	4	0.2%	100%	$270,000
Paramount Residential Mortgage	Conventional, FHA	4	0.2%	100%	$397,500
Carrington Mortgage Services LLC A5.0 ★Texas Ratio: 12.35%	Conventional, FHA, VA	4	0.2%	43.8%	$155,000	View
Countryplace Mortgage, Ltd.	Conventional	3	0.2%	75%	$31,666
Sage Home Loans Corporation	Conventional	3	0.2%	100%	$218,333
PHH Mortgage Corporation	Conventional, FHA	3	0.2%	100%	$381,666
Synergy One Lending, Inc.	Conventional, FHA	3	0.2%	100%	$281,666
Point Mortgage Corp	Conventional	3	0.2%	100%	$345,000
Cardinal Financial Company, Li	Conventional	3	0.2%	100%	$208,333
Geneva Financial LLC	Conventional	3	0.2%	100%	$268,333
Summit Funding.Inc	Conventional	3	0.2%	60%	$141,666
Zillow Home Loans, LLC	Conventional	3	0.2%	100%	$331,666
Ark-La-Tex Financial Services LLC	Conventional, FHA	3	0.2%	100%	$271,666
JMAC Lending, Inc.	Conventional, FHA	3	0.2%	100%	$305,000
Third Federal Savings and Loan A+5.0 ★Texas Ratio: 2.32%	Conventional, HELOC	2 +2 HELOCs	0.1%	66.7%	$230,000	View
American Financial Resources LLC	Conventional	2	0.1%	100%	$195,000
Everett Financial, Inc.	Conventional, FHA	2	0.1%	100%	$140,000
Envoy Mortgage, Ltd	Conventional, FHA	2	0.1%	100%	$285,000
Nbkc Bank	Conventional	2	0.1%	100%	$350,000
Equity Prime Mortgage LLC	FHA, VA	2	0.1%	100%	$370,000
Flagstar Bank NA D3.3 ★Texas Ratio: 35.11%	Conventional	2	0.1%	66.7%	$255,000	View
Farmers Bank & Trust A+5.0 ★Texas Ratio: 0.65%	Conventional	2	0.1%	100%	$160,000	View
Home Mortgage Alliance Corp (Hmac)	Conventional	2	0.1%	100%	$385,000
General Mortgage Capital Corporation	Conventional	2	0.1%	100%	$265,000
Success Mortgage Partners, Inc	Conventional	2	0.1%	100%	$300,000
Discover Bank	Conventional	2	0.1%	9.5%	$120,000
Nations Lending Corporation	Conventional, FHA	2	0.1%	100%	$275,000
T2 Financial LLC	Conventional	2	0.1%	100%	$535,000
BoxCar Mortgage, LLC	Conventional, FHA	2	0.1%	100%	$285,000
Lake Michigan Credit Union	Conventional	2	0.1%	100%	$450,000
Mission Loans, LLC	Conventional, FHA	2	0.1%	100%	$225,000
Self Help Federal Credit Union	Conventional	2	0.1%	100%	$350,000
Nations Direct Mortgage, LLC	Conventional, FHA	2	0.1%	100%	$130,000
Polish & Slavic Federal Credit	Conventional	2	0.1%	100%	$270,000
Better Mortgage Corporation A-5.0 ★Texas Ratio: 14.33%	Conventional, HELOC	1 +2 HELOCs	0.1%	20%	$495,000	View
Covantage Credit Union	Conventional, HELOC	1 +1 HELOCs	0.1%	100%	$295,000
Arc Home LLC	Conventional	1	0.1%	100%	$275,000
Zippy Loans, LLC	Conventional	1	0.1%	50%	$65,000
Alameda Mortgage Corporation	Conventional	1	0.1%	100%	$285,000
Primelending	Conventional	1	0.1%	100%	$355,000
Fundloans Capital	Conventional	1	0.1%	100%	$205,000
Affordable Mortgage Advisors	Conventional	1	0.1%	100%	$195,000
Atlantic Union Bank A+5.0 ★Texas Ratio: 2.51%	Conventional	1	0.1%	100%	$635,000	View
ALCOVA Mortgage, LLC	Conventional	1	0.1%	100%	$285,000
Dart Bank	Conventional	1	0.1%	100%	$345,000
M&T Bank A+5.0 ★Texas Ratio: 4.11%	FHA	1	0.1%	50%	$375,000	View
Filo Mortgage, LLC	Conventional	1	0.1%	100%	$275,000
Emporium Tpo LLC	Conventional	1	0.1%	100%	$305,000
American Financial Network, Inc.	FHA	1	0.1%	100%	$235,000
Developer's Mortgage Company	Conventional	1	0.1%	50%	$255,000
Flexpoint, Inc.	Conventional	1	0.1%	100%	$275,000
Select Lending Services, LLC	Conventional	1	0.1%	100%	$245,000
Credit Human Federal Credit Un	Conventional	1	0.1%	33.3%	$105,000
American Financing Corporation	FHA	1	0.1%	33.3%	$305,000
Weichert Financial Services	Conventional	1	0.1%	100%	$85,000
Nfm, Inc	Conventional	1	0.1%	100%	$315,000
American Internet Mortgage, Inc.	Conventional	1	0.1%	100%	$355,000
Usaa Federal Savings Bank B-3.5 ★Texas Ratio: 6.80%	Conventional	1	0.1%	100%	$175,000	View
Servis One, Inc	Conventional	1	0.1%	100%	$105,000
Leader Bank NA A+5.0 ★Texas Ratio: 0.22%	Conventional	1	0.1%	100%	$565,000	View
Churchill Mortgage Corporation	Conventional	1	0.1%	100%	$215,000
Planet Home Lending, LLC	VA	1	0.1%	50%	$255,000
Waterstone Mortgage Corporation	Conventional	1	0.1%	100%	$355,000
Mortgage Center LC	Conventional	1	0.1%	100%	$395,000
Fay Servicing LLC	Conventional	1	0.1%	100%	$175,000
Sierra Pacific Mortgage Co. Inc	FHA	1	0.1%	100%	$365,000
Stifel Bank & Trust A-4.8 ★Texas Ratio: 12.33%	Conventional	1	0.1%	100%	$315,000	View
Nexbank A-5.0 ★Texas Ratio: 14.93%	Conventional	1	0.1%	100%	$455,000	View
V.I.P. Mortgage, Inc.	Conventional	1	0.1%	100%	$165,000
Geo-Corp, Inc.	FHA	1	0.1%	100%	$265,000
RoundPoint Mortgage Servicing LLC	Conventional	1	0.1%	100%	$535,000
Endeavor Capital, LLC	Conventional	1	0.1%	100%	$195,000
Citadel Servicing Corporation	Conventional	1	0.1%	100%	$425,000
Bankers' Bank A5.0 ★Texas Ratio: 7.37%	Conventional	1	0.1%	100%	$155,000	View
Nmsi, Inc.	Conventional	1	0.1%	100%	$415,000
Merchants Bank of Indiana A5.0 ★Texas Ratio: 11.97%	Conventional	1	0.1%	100%	$405,000	View
Magnolia Bank A-5.0 ★Texas Ratio: 14.97%	VA	1	0.1%	100%	$495,000	View
Ixonia Bank A+5.0 ★Texas Ratio: 2.14%	Conventional	1	0.1%	100%	$345,000	View
Florida Capital Bank, N.A	Conventional	1	0.1%	100%	$125,000
Morgan Stanley Private Bank NA A4.8 ★Texas Ratio: 2.45%	Conventional	1	0.1%	100%	$225,000	View
Angel Oak Mortgage Solutions LLC	Conventional	1	0.1%	100%	$545,000
The Mortgage Link, Inc.	FHA	1	0.1%	100%	$385,000
Luxury Mortgage Corp.	Conventional	1	0.1%	100%	$195,000
Leaderone Financial Corp.	Conventional	1	0.1%	50%	$325,000
Southwest Funding LP	FHA	1	0.1%	100%	$425,000
Ameris Bank ★ 4 stars, 1 review A+5.0 ★Texas Ratio: 1.82%	Conventional	1	0.1%	100%	$175,000	View
American Neighborhood Mortgage Acceptance Company	Conventional	1	0.1%	100%	$215,000
Coastal Community Bank B4.5 ★Texas Ratio: 20.96%	HELOC	0 +25 HELOCs	0%	n/a		View
Figure Lending LLC	HELOC	0 +23 HELOCs	0%	n/a
Lendage, LLC dba Achieve Loans	HELOC	0 +9 HELOCs	0%	n/a
HomeBridge Financial Services, Inc	HELOC	0 +3 HELOCs	0%	0%
American Airlines Federal Cred	HELOC	0 +2 HELOCs	0%	n/a
Citizens Bank, NA A+5.0 ★Texas Ratio: 5.44%	HELOC	0 +2 HELOCs	0%	n/a		View
Valon Mortgage	HELOC	0 +2 HELOCs	0%	n/a
Uw Credit Union	HELOC	0 +2 HELOCs	0%	n/a
Digital Federal Credit Union	HELOC	0 +1 HELOCs	0%	n/a
Northrop Grumman Federal Credit Union	HELOC	0 +1 HELOCs	0%	n/a
North Shore Bank A+5.0 ★Texas Ratio: 0.50%	HELOC	0 +1 HELOCs	0%	n/a		View

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.

Elgin 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 Elgin, Illinois

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

Types of Mortgage Lenders in Elgin, IL

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

Mortgage companies and brokers 118 lenders. Nonbank lenders and brokers that shop several wholesale lenders; often the fastest closings Banks 72 lenders. Local and national banks with branches, portfolio and jumbo loans, and an MBR health grade Credit unions 27 lenders. Member owned, often lower fees and flexible underwriting for members FHA lenders 68 lenders. 3.5 percent down and credit scores into the 500s; the usual route for bad credit or low down payment buyers VA lenders 29 lenders. No down payment and no mortgage insurance for eligible veterans and service members Jumbo lenders 4 lenders. Loans above the conforming limit for higher priced homes Local lenders based in IL 57 lenders headquartered in Illinois, the closest thing to a mortgage lender near you

Who Lends in Elgin, IL

Independent mortgage companies closed 72.4 percent of home loans in Elgin, Illinois in 2025, banks 19.9 percent and credit unions 7.8 percent. United Home Loans, Inc. was the largest mortgage company, JPMorgan Chase Bank, NA the largest bank and Corporate America Family CU the largest credit union. Among lenders headquartered in Illinois, BMO Harris Bank NA led with 14 loans.

72.4%

Mortgage companies

19.9%

Banks

7.8%

Credit unions

14%

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 Plainfield 186 lenders Peoria 137 lenders Bolingbrook 168 lenders Belleville 141 lenders Oswego 159 lenders Bloomington 127 lenders

Frequently Asked Questions About Mortgage Lenders in Elgin, IL

Who is the largest mortgage lender in Elgin, IL?

By home loans closed in 2025, JPMorgan Chase Bank, NA was the largest mortgage lender in Elgin, Illinois with 101 loans, about 5.1 percent of the market. The largest lender headquartered in Illinois was BMO Harris Bank NA with 14 loans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.

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

Among lenders with meaningful volume in Elgin, Illinois, CrossCountry Mortgage, LLC approved the highest share of completed applications in 2025 at 100 percent, against a 84.4 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 Elgin, IL mortgage lenders offer FHA, VA and USDA loans?

68 lenders closed FHA loans in Elgin, Illinois in 2025, led by United Wholesale Mortgage with 37. 29 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 Elgin, IL lender list?

Yes. 72 banks and 27 credit unions closed home loans in Elgin, Illinois in 2025, alongside 118 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 Elgin, IL ranked on this page?

Lenders are ranked only by the number of home loans they closed in Elgin, 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 Elgin, 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 Elgin. 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.