Mortgage Lenders and Brokers in Island Lake, 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
Island Lake, Illinois mortgage lenders include Fifth Third Bank, National AssociationFifth Third Bank, National Association525 Newport Ct, Island Lake, IL 60042A+5.0 ★Texas Ratio: 3.22%, JPMorgan Chase Bank, NAJPMorgan Chase Bank, NA600 W Lake St, Addison, IL 60101A+5.0 ★Texas Ratio: 3.68%, 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%, Baxter Credit UnionBaxter Credit Union1200 Lakeside Dr, Bannockburn, IL 60015A5.0 ★Texas Ratio: 6.31%, Consumers Credit UnionConsumers Credit Union950 E Rand Rd, Arlington Heights, IL 60004A5.0 ★Texas Ratio: 6.15%, Old Second National BankOld Second National Bank2000 W Galena Blvd, Aurora, IL 60506A5.0 ★Texas Ratio: 6.17%, Cornerstone National Bank & Trust CompanyCornerstone National Bank & Trust Company1185 S Il Route 31, Crystal Lake, IL 60014A+5.0 ★Texas Ratio: 0.20%, US Bank, N.A.US Bank, N.A.540 W Lake St, Addison, IL 60101A+5.0 ★Texas Ratio: 2.85%, North Shore Trust & SavingsNorth Shore Trust & Savings3060 W Sand Lake Rd, Lindenhurst, IL 60046A+5.0 ★Texas Ratio: 3.87%, and Home State Bank National AssociationHome State Bank National AssociationRoute 14 And Main Street, Crystal Lake, IL 60014A+5.0 ★Texas Ratio: 0.47%. 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 Island Lake, Illinois in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Island Lake 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 Island Lake, Illinois
Market share is the lender's share of all home loans closed in Island Lake, 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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1 office in Island Lake 525 Newport Ct, Island Lake, IL 60042 A+5.0 ★Texas Ratio: 3.22% |
Conventional, HELOC | 6 +18 HELOCs |
1.9% | 60% | $195,000 | View |
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600 W Lake St, Addison, IL 60101 A+5.0 ★Texas Ratio: 3.68% |
Conventional, FHA, VA, HELOC | 17 +4 HELOCs |
5.4% | 90% | $277,941 | View |
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233 W Northwest Hwy, Barrington, IL 60010 A+5.0 ★Texas Ratio: 2.20% |
Conventional, FHA | 9 | 2.9% | 90.9% | $272,777 | View |
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1200 Lakeside Dr, Bannockburn, IL 60015 A5.0 ★Texas Ratio: 6.31% |
Conventional, HELOC | 7 +3 HELOCs |
2.2% | 90.9% | $73,571 | View |
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950 E Rand Rd, Arlington Heights, IL 60004 A5.0 ★Texas Ratio: 6.15% |
Conventional, HELOC | 6 +9 HELOCs |
1.9% | 100% | $103,333 | View |
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2000 W Galena Blvd, Aurora, IL 60506 A5.0 ★Texas Ratio: 6.17% |
Conventional | 5 | 1.6% | 100% | $287,000 | View |
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1185 S Il Route 31, Crystal Lake, IL 60014 A+5.0 ★Texas Ratio: 0.20% |
Conventional | 3 | 1% | 100% | $225,000 | View |
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540 W Lake St, Addison, IL 60101 A+5.0 ★Texas Ratio: 2.85% |
Conventional | 2 | 0.6% | 50% | $260,000 | View |
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3060 W Sand Lake Rd, Lindenhurst, IL 60046 A+5.0 ★Texas Ratio: 3.87% |
Conventional | 2 | 0.6% | 66.7% | $270,000 | View |
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Route 14 And Main Street, Crystal Lake, IL 60014 A+5.0 ★Texas Ratio: 0.47% |
Conventional, FHA | 2 | 0.6% | 100% | $245,000 | View |
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103 S Randall Rd, Algonquin, IL 60102 A+5.0 ★Texas Ratio: 3.66% |
FHA, HELOC | 1 +7 HELOCs |
0.3% | 100% | $315,000 | View |
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625 W Army Trail Blvd, Addison, IL 60101 A+5.0 ★Texas Ratio: 3.54% |
Conventional, HELOC | 1 +7 HELOCs |
0.3% | 100% | $365,000 | View |
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850 W Algonquin Rd, Arlington Heights, IL 60005 A+5.0 ★Texas Ratio: 4.14% |
Conventional, HELOC | 1 +3 HELOCs |
0.3% | 50% | $155,000 | View |
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11545 W Touhy Ave, Chicago, IL 60666 A5.0 ★Texas Ratio: 6.04% |
Conventional | 1 | 0.3% | 100% | $215,000 | View |
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23840 W Eames St, Channahon, IL 60410 A+5.0 ★Texas Ratio: 5.05% |
Conventional | 1 | 0.3% | 100% | $505,000 | View |
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249 S River Rd, Des Plaines, IL 60016 A+5.0 ★Texas Ratio: 5.30% |
Conventional | 1 | 0.3% | 100% | $55,000 | View |
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1263 N Il Route 83, Grayslake, IL 60030 A+5.0 ★Texas Ratio: 0.26% |
Conventional | 1 | 0.3% | 100% | $355,000 | View |
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1780 W Fullerton Ave, Addison, IL 60101 A+5.0 ★Texas Ratio: 2.93% |
Conventional | 1 | 0.3% | 50% | $135,000 | 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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11900 S Pulaski Rd, Alsip, IL 60803 A+5.0 ★Texas Ratio: 4.98% |
HELOC | 0 +2 HELOCs |
0% | n/a | View | |
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101 W Washington Ave, Altamont, IL 62411 A+5.0 ★Texas Ratio: 3.88% |
HELOC | 0 +2 HELOCs |
0% | n/a | View | |
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485 Lake St, Antioch, IL 60002 A+5.0 ★Texas Ratio: 0.84% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
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104 Homer M Adams Pkwy, Alton, IL 62002 A+5.0 ★Texas Ratio: 3.45% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Guaranteed Rate, Inc.
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Conventional, FHA, VA, HELOC | 19 +2 HELOCs |
6.1% | 95% | $291,315 | |
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A+5.0 ★Texas Ratio: 4.81% |
Conventional | 4 | 1.3% | 100% | $180,000 | View |
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A+5.0 ★Texas Ratio: 4.11% |
Conventional, FHA | 3 | 1% | 100% | $311,666 | View |
Mutual of Omaha Mortgage
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Conventional | 3 | 1% | 100% | $358,333 | |
Compass Mortgage, Inc.
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Conventional, VA | 3 | 1% | 100% | $195,000 | |
Originpoint, LLC
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Conventional | 1 | 0.3% | 50% | $285,000 | |
Neighborhood Loans, Inc
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Conventional | 1 | 0.3% | 25% | $5,000 | |
Pacor Mortgage Corp
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Conventional | 1 | 0.3% | 100% | $355,000 | |
Diamond Residential Mtg Corp
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Conventional | 1 | 0.3% | 100% | $255,000 | |
Cmg Mortgage Inc
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Conventional | 1 | 0.3% | 100% | $225,000 | |
Rocket Mortgage
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Conventional, FHA | 24 | 7.6% | 83.3% | $180,000 | |
United Wholesale Mortgage
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Conventional, FHA, VA | 21 | 6.7% | 84% | $270,238 | |
CrossCountry Mortgage, LLC
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Conventional, FHA, VA | 19 | 6.1% | 90.5% | $238,684 | |
Fairway Independent Mort Corp
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Conventional, FHA, HELOC | 14 +1 HELOCs |
4.5% | 100% | $189,285 | |
loanDepot.com LLC
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Conventional, FHA | 9 | 2.9% | 83.3% | $178,333 | |
American Pacific Mortgage Corporation
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Conventional, FHA | 9 | 2.9% | 100% | $229,444 | |
New American Funding, LLC.
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Conventional, FHA, HELOC | 7 +1 HELOCs |
2.2% | 77.8% | $225,000 | |
Greenstate Credit Union
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Conventional | 7 | 2.2% | 100% | $163,571 | |
Union Home Mortgage Corp.
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Conventional, VA | 6 | 1.9% | 100% | $268,333 | |
Nationstar Mortgage
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Conventional | 6 | 1.9% | 100% | $95,000 | |
Lower, LLC
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Conventional, FHA | 6 | 1.9% | 85.7% | $265,000 | |
Freedom Mortgage Corporation
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FHA, VA | 4 | 1.3% | 100% | $227,500 | |
Pennymac Loan Services LLC
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Conventional, FHA | 4 | 1.3% | 100% | $160,000 | |
Guild Mortgage Company
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Conventional | 3 | 1% | 60% | $215,000 | |
Towne Mortgage Company
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Conventional, FHA | 3 | 1% | 100% | $238,333 | |
Prosperity Home Mortgage, LLC
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Conventional, FHA | 3 | 1% | 100% | $238,333 | |
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A+5.0 ★Texas Ratio: 4.11% |
Conventional, FHA | 2 | 0.6% | 100% | $215,000 | View |
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A5.0 ★Texas Ratio: 11.06% |
Conventional | 2 | 0.6% | 100% | $170,000 | View |
Lakeview Loan Servicing, LLC
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Conventional | 2 | 0.6% | 40% | $240,000 | |
Newrez LLC
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Conventional | 2 | 0.6% | 66.7% | $285,000 | |
Brighton Bank
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Conventional, FHA | 2 | 0.6% | 100% | $230,000 | |
AmeriHome Mortgage Company, LLC
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Conventional | 2 | 0.6% | 66.7% | $450,000 | |
Amerisave Mortgage Company
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Conventional | 2 | 0.6% | 40% | $65,000 | |
American Financial Network, Inc.
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Conventional | 2 | 0.6% | 100% | $210,000 | |
Lennar Mortgage, LLC
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Conventional | 2 | 0.6% | 100% | $340,000 | |
American Financing Corporation
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Conventional, FHA | 2 | 0.6% | 66.7% | $395,000 | |
Mortgage Research Center
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VA | 2 | 0.6% | 100% | $330,000 | |
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A-5.0 ★Texas Ratio: 14.33% |
Conventional | 2 | 0.6% | 66.7% | $230,000 | View |
Zillow Home Loans, LLC
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Conventional, FHA | 2 | 0.6% | 100% | $230,000 | |
The Loan Store, Inc
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Conventional | 2 | 0.6% | 100% | $190,000 | |
Mld Mortgage, Inc.Dba the Money Store
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Conventional, FHA | 2 | 0.6% | 100% | $250,000 | |
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A5.0 ★Texas Ratio: 12.35% |
Conventional, FHA | 2 | 0.6% | 66.7% | $130,000 | View |
Spring Eq, LLC
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Conventional | 2 | 0.6% | 100% | $35,000 | |
Plaza Home Mortgage, Inc
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Conventional | 2 | 0.6% | 50% | $200,000 | |
Ark-La-Tex Financial Services LLC
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FHA | 2 | 0.6% | 100% | $225,000 | |
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A5.0 ★Texas Ratio: 8.14% |
Conventional, HELOC | 1 +3 HELOCs |
0.3% | 100% | $255,000 | |
Southwest Airlines FCU
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Conventional | 1 | 0.3% | 100% | $275,000 | |
Cornerstone First Mortgage, LLC
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Conventional | 1 | 0.3% | 100% | $195,000 | |
Premier Mortgage Resources, LLC
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FHA | 1 | 0.3% | 100% | $255,000 | |
American Financial Resources LLC
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Conventional | 1 | 0.3% | 100% | $245,000 | |
Sage Home Loans Corporation
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Conventional | 1 | 0.3% | 100% | $465,000 | |
Equity Prime Mortgage LLC
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FHA | 1 | 0.3% | 100% | $215,000 | |
Resicentral LLC
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Conventional | 1 | 0.3% | 100% | $135,000 | |
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A+5.0 ★Texas Ratio: 5.05% |
Conventional | 1 | 0.3% | 100% | $165,000 | View |
Oceanside Mortgage Company
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FHA | 1 | 0.3% | 100% | $195,000 | |
Securitynational Mortgage Company
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FHA | 1 | 0.3% | 100% | $225,000 | |
First National Bank and Trust
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Conventional | 1 | 0.3% | 100% | $355,000 | |
Bay Equity LLC
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FHA | 1 | 0.3% | 100% | $175,000 | |
Point Mortgage Corp
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FHA | 1 | 0.3% | 100% | $275,000 | |
Cardinal Financial Company, Li
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VA | 1 | 0.3% | 100% | $505,000 | |
Nations Lending Corporation
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Conventional | 1 | 0.3% | 100% | $175,000 | |
BoxCar Mortgage, LLC
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FHA | 1 | 0.3% | 100% | $315,000 | |
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C3.9 ★Texas Ratio: 27.97% |
Conventional | 1 | 0.3% | 100% | $385,000 | View |
Stockton Mortgage Corporation
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Conventional | 1 | 0.3% | 100% | $245,000 | |
Nations Direct Mortgage, LLC
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FHA | 1 | 0.3% | 100% | $505,000 | |
Summit Funding.Inc
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Conventional | 1 | 0.3% | 100% | $295,000 | |
Gmfs, LLC
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FHA | 1 | 0.3% | 100% | $255,000 | |
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A+5.0 ★Texas Ratio: 0.51% |
Conventional | 1 | 0.3% | 50% | $125,000 | View |
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A5.0 ★Texas Ratio: 9.09% |
Conventional | 1 | 0.3% | 100% | $415,000 | View |
Polish & Slavic Federal Credit
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Conventional | 1 | 0.3% | 50% | $245,000 | |
Tomo Mortgage LLC
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Conventional | 1 | 0.3% | 100% | $235,000 | |
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★ 4 stars, 1 review A+5.0 ★Texas Ratio: 1.82% |
Conventional | 1 | 0.3% | 100% | $205,000 | View |
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B4.5 ★Texas Ratio: 20.96% |
HELOC | 0 +3 HELOCs |
0% | n/a | View | |
Msu Federal Credit Union
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HELOC | 0 +2 HELOCs |
0% | n/a | ||
Figure Lending LLC
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
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A+5.0 ★Texas Ratio: 5.44% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Valon Mortgage
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
Lendage, LLC dba Achieve Loans
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HELOC | 0 +1 HELOCs |
0% | n/a |
Island Lake 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 Island Lake, Illinois
Looking for mortgage lenders near me or mortgage brokers near me in Island Lake? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Island Lake in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Island Lake, IL
Use these to narrow the list above. Each category shows how many Island Lake, IL lenders fit and what that kind of lender is usually best for.
Who Lends in Island Lake, IL
Independent mortgage companies closed 72.6 percent of home loans in Island Lake, Illinois in 2025, banks 18.8 percent and credit unions 8.6 percent. Guaranteed Rate, Inc. was the largest mortgage company, Fifth Third Bank, National Association the largest bank and Baxter Credit Union the largest credit union. Among lenders headquartered in Illinois, Barrington Bank & Trust Company, N.A. led with 9 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 Island Lake, IL
By home loans closed in 2025, Fifth Third Bank, National Association was the largest mortgage lender in Island Lake, Illinois with 6 loans, about 1.9 percent of the market. The largest lender headquartered in Illinois was Barrington Bank & Trust Company, N.A. with 9 loans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
34 lenders closed FHA loans in Island Lake, Illinois in 2025, led by United Wholesale Mortgage with 7. 9 lenders closed VA loans, led by Freedom Mortgage Corporation. 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. 26 banks and 11 credit unions closed home loans in Island Lake, Illinois in 2025, alongside 64 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 Island Lake, 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 Island Lake, 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 Island Lake. 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.
