Mortgage Lenders and Brokers in Machesney Park, 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
Machesney Park, Illinois mortgage lenders include First Mid Bank and Trust, NAFirst Mid Bank and Trust, NA9609 Forest Hills Rd, Machesney Park, IL 61115A+5.0 ★Texas Ratio: 3.88%, Midland States BankMidland States Bank613 Harlem Rd, Machesney Park, IL 61115A5.0 ★Texas Ratio: 9.50%, Associated Bank NAAssociated Bank NA622 Roosevelt Rd, Machesney Park, IL 61115A+5.0 ★Texas Ratio: 3.45%, BMO Harris Bank NABMO Harris Bank NA1530 W Lane Rd, Machesney Park, IL 61115A+5.0 ★Texas Ratio: 3.54%, Foresight BankForesight Bank1100 Ralston Rd, Machesney Park, IL 61115A5.0 ★Texas Ratio: 9.91%, St. Charles Bank & Trust Company, N.A.St. Charles Bank & Trust Company, N.A.7005 N Perryville Road, Machesney Park, IL 61115A+5.0 ★Texas Ratio: 5.27%, MembersAlliance Credit UnionMembersAlliance Credit Union5286 Nimtz Rd, Loves Park, IL 61111A+5.0 ★Texas Ratio: 3.08%, Rock Valley Credit UnionRock Valley Credit Union11280 Forest Hills Rd, Machesney Park, IL 61115A+5.0 ★Texas Ratio: 4.46%, First Northern Credit UnionFirst Northern Credit Union230 W Monroe St, Chicago, IL 60606A+5.0 ★Texas Ratio: 4.14%, and US Bank, N.A.US Bank, N.A.540 W Lake St, Addison, IL 60101A+5.0 ★Texas Ratio: 2.85%. 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 Machesney Park, Illinois in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Machesney Park 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 Machesney Park, Illinois
Market share is the lender's share of all home loans closed in Machesney Park, 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 Machesney Park 9609 Forest Hills Rd, Machesney Park, IL 61115 A+5.0 ★Texas Ratio: 3.88% |
Conventional, VA, HELOC | 29 +11 HELOCs |
5.8% | 82.9% | $171,206 | View |
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1 office in Machesney Park 613 Harlem Rd, Machesney Park, IL 61115 A5.0 ★Texas Ratio: 9.50% |
Conventional, FHA, HELOC | 12 +8 HELOCs |
2.4% | 92.3% | $79,166 | View |
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1 office in Machesney Park 622 Roosevelt Rd, Machesney Park, IL 61115 A+5.0 ★Texas Ratio: 3.45% |
Conventional, HELOC | 4 +15 HELOCs |
0.8% | 80% | $110,000 | View |
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1 office in Machesney Park 1530 W Lane Rd, Machesney Park, IL 61115 A+5.0 ★Texas Ratio: 3.54% |
Conventional, HELOC | 3 +12 HELOCs |
0.6% | 60% | $65,000 | View |
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1 office in Machesney Park 1100 Ralston Rd, Machesney Park, IL 61115 A5.0 ★Texas Ratio: 9.91% |
Conventional | 3 | 0.6% | 50% | $158,333 | View |
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1 office in Machesney Park 7005 N Perryville Road, Machesney Park, IL 61115 A+5.0 ★Texas Ratio: 5.27% |
Conventional | 1 | 0.2% | 100% | $215,000 | View |
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5286 Nimtz Rd, Loves Park, IL 61111 A+5.0 ★Texas Ratio: 3.08% |
Conventional | 22 | 4.4% | 92% | $111,818 | View |
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11280 Forest Hills Rd, Machesney Park, IL 61115 A+5.0 ★Texas Ratio: 4.46% |
Conventional | 20 | 4% | 100% | $97,000 | View |
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230 W Monroe St, Chicago, IL 60606 A+5.0 ★Texas Ratio: 4.14% |
Conventional | 18 | 3.6% | 100% | $158,888 | View |
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540 W Lake St, Addison, IL 60101 A+5.0 ★Texas Ratio: 2.85% |
Conventional, FHA, HELOC | 13 +5 HELOCs |
2.6% | 61.9% | $139,615 | View |
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233 W Northwest Hwy, Barrington, IL 60010 A+5.0 ★Texas Ratio: 2.20% |
Conventional, FHA | 10 | 2% | 100% | $149,000 | View |
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200 N Walnut St, Byron, IL 61010 A5.0 ★Texas Ratio: 10.13% |
Conventional | 8 | 1.6% | 100% | $181,250 | View |
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600 W Lake St, Addison, IL 60101 A+5.0 ★Texas Ratio: 3.68% |
Conventional | 7 | 1.4% | 90% | $119,285 | View |
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608 W Blackhawk Dr, Byron, IL 61010 A+5.0 ★Texas Ratio: 3.99% |
Conventional | 7 | 1.4% | 87.5% | $142,142 | View |
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103 S Randall Rd, Algonquin, IL 60102 A+5.0 ★Texas Ratio: 3.66% |
Conventional | 4 | 0.8% | 100% | $197,500 | View |
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1320 N State St, Belvidere, IL 61008 A+5.0 ★Texas Ratio: 2.18% |
Conventional, Jumbo | 4 | 0.8% | 80% | $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% |
Conventional, HELOC | 3 +8 HELOCs |
0.6% | 100% | $115,000 | View |
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950 E Rand Rd, Arlington Heights, IL 60004 A5.0 ★Texas Ratio: 6.15% |
Conventional, HELOC | 3 +2 HELOCs |
0.6% | 75% | $125,000 | View |
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4000 W Diversey Ave, Chicago, IL 60639 B+4.8 ★Texas Ratio: 16.98% |
FHA, VA | 3 | 0.6% | 100% | $211,666 | View |
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504 W Blackhawk Dr, Byron, IL 61010 A+5.0 ★Texas Ratio: 0.32% |
Conventional | 2 | 0.4% | 100% | $110,000 | View |
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777 W Army Trail Blvd, Addison, IL 60101 A+5.0 ★Texas Ratio: 3.22% |
Conventional, HELOC | 1 +3 HELOCs |
0.2% | 66.7% | $75,000 | View |
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11545 W Touhy Ave, Chicago, IL 60666 A5.0 ★Texas Ratio: 6.04% |
VA, HELOC | 1 +1 HELOCs |
0.2% | 100% | $285,000 | View |
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1408 Airport Rd, Bloomington, IL 61704 2566 A+5.0 ★Texas Ratio: 3.66% |
Conventional, HELOC | 1 +1 HELOCs |
0.2% | 50% | $35,000 | View |
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11900 S Pulaski Rd, Alsip, IL 60803 A+5.0 ★Texas Ratio: 4.98% |
Conventional | 1 | 0.2% | 100% | $135,000 | View |
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224 N Galena Ave, Dixon, IL 61021 A5.0 ★Texas Ratio: 7.96% |
Conventional | 1 | 0.2% | 100% | $95,000 | View |
First State Mortgage Services
825 N Randall Rd, Batavia, IL 60510 |
Conventional | 1 | 0.2% | 100% | $85,000 | |
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550 W Meadows Dr, Freeport, IL 61032 7610 A5.0 ★Texas Ratio: 8.59% |
Conventional | 1 | 0.2% | 100% | $45,000 | View |
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245 N Main St, Canton, IL 61520 A+5.0 ★Texas Ratio: 5.36% |
Conventional | 1 | 0.2% | 100% | $75,000 | View |
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1200 Lakeside Dr, Bannockburn, IL 60015 A5.0 ★Texas Ratio: 6.31% |
Conventional | 1 | 0.2% | 100% | $105,000 | View |
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101 N High St, Belleville, IL 62220 A+5.0 ★Texas Ratio: 1.78% |
Conventional | 1 | 0.2% | 100% | $95,000 | View |
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1780 W Fullerton Ave, Addison, IL 60101 A+5.0 ★Texas Ratio: 2.93% |
Conventional | 1 | 0.2% | 100% | $105,000 | View |
Neighborhood Loans, Inc
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Conventional | 3 | 0.6% | 75% | $8,333 | |
Guaranteed Rate, Inc.
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FHA | 2 | 0.4% | 66.7% | $190,000 | |
Cmg Mortgage Inc
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FHA | 2 | 0.4% | 100% | $210,000 | |
Northwest Bank of Rockford
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Conventional | 2 | 0.4% | 100% | $145,000 | |
Mutual of Omaha Mortgage
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Conventional, FHA | 2 | 0.4% | 100% | $125,000 | |
Guaranteed Rate Affinity, LLC
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Conventional | 1 | 0.2% | 100% | $245,000 | |
Compass Mortgage, Inc.
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FHA | 1 | 0.2% | 100% | $175,000 | |
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A+5.0 ★Texas Ratio: 4.81% |
Conventional | 1 | 0.2% | 100% | $125,000 | View |
Greenstate Credit Union
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Conventional, FHA, HELOC | 55 +8 HELOCs |
10.9% | 93.2% | $184,454 | |
Rocket Mortgage
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Conventional, FHA, VA | 44 | 8.7% | 90% | $127,954 | |
Guild Mortgage Company
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Conventional, FHA | 29 | 5.8% | 96.7% | $110,517 | |
Envoy Mortgage, Ltd
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Conventional, FHA, VA | 19 | 3.8% | 95% | $189,210 | |
CrossCountry Mortgage, LLC
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Conventional, FHA, VA | 16 | 3.2% | 94.1% | $181,875 | |
Fairway Independent Mort Corp
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Conventional, FHA | 14 | 2.8% | 87.5% | $160,000 | |
Pennymac Loan Services LLC
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Conventional, VA | 10 | 2% | 91.7% | $200,000 | |
Mortgage Research Center
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Conventional, FHA, VA | 10 | 2% | 71.4% | $156,000 | |
United Wholesale Mortgage
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Conventional, FHA, VA | 9 | 1.8% | 90.9% | $180,555 | |
Nationstar Mortgage
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Conventional, FHA | 9 | 1.8% | 81.8% | $96,111 | |
Amerisave Mortgage Company
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Conventional, FHA | 8 | 1.6% | 57.1% | $73,750 | |
loanDepot.com LLC
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Conventional, FHA, VA | 6 | 1.2% | 85.7% | $180,000 | |
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A+5.0 ★Texas Ratio: 1.51% |
Conventional | 6 | 1.2% | 55.6% | $73,333 | View |
First National Bank and Trust
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Conventional | 6 | 1.2% | 100% | $101,666 | |
Freedom Mortgage Corporation
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FHA, VA | 4 | 0.8% | 83.3% | $215,000 | |
First Community Credit Union of Beloit
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Conventional | 3 | 0.6% | 100% | $101,666 | |
Newrez LLC
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Conventional, FHA, VA | 3 | 0.6% | 75% | $148,333 | |
Discover Bank
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Conventional | 3 | 0.6% | 30% | $88,333 | |
New Day Financial, LLC.
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VA | 3 | 0.6% | 100% | $215,000 | |
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A+5.0 ★Texas Ratio: 1.10% |
Conventional | 3 | 0.6% | 75% | $178,333 | View |
Lower, LLC
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Conventional, VA | 3 | 0.6% | 100% | $155,000 | |
Mld Mortgage, Inc.Dba the Money Store
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Conventional, VA | 3 | 0.6% | 100% | $111,666 | |
Primelending
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Conventional, FHA | 2 | 0.4% | 100% | $225,000 | |
Summit Credit Union
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Conventional | 2 | 0.4% | 100% | $130,000 | |
Mortgage Center LC
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Conventional | 2 | 0.4% | 100% | $45,000 | |
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A5.0 ★Texas Ratio: 8.14% |
Conventional, VA | 2 | 0.4% | 100% | $280,000 | |
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A+5.0 ★Texas Ratio: 0.51% |
Conventional, FHA | 2 | 0.4% | 100% | $125,000 | View |
Plaza Home Mortgage, Inc
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Conventional, FHA | 2 | 0.4% | 100% | $105,000 | |
Leaderone Financial Corp.
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Conventional, FHA | 2 | 0.4% | 100% | $75,000 | |
Connexus Credit Union
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Conventional, HELOC | 1 +1 HELOCs |
0.2% | 33.3% | $45,000 | |
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A+5.0 ★Texas Ratio: 2.32% |
Conventional, HELOC | 1 +1 HELOCs |
0.2% | 100% | $95,000 | View |
Premier Mortgage Resources, LLC
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Conventional | 1 | 0.2% | 100% | $125,000 | |
Royal United Mortgage LLC
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Conventional | 1 | 0.2% | 50% | $125,000 | |
RANLife, Inc.
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FHA | 1 | 0.2% | 100% | $195,000 | |
All Credit Considered Mortgage, Inc.
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Conventional | 1 | 0.2% | 100% | $145,000 | |
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A+5.0 ★Texas Ratio: 4.11% |
Conventional | 1 | 0.2% | 100% | $135,000 | View |
Synergy One Lending, Inc.
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FHA | 1 | 0.2% | 100% | $95,000 | |
American Financing Corporation
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FHA | 1 | 0.2% | 50% | $175,000 | |
Union Home Mortgage Corp.
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Conventional | 1 | 0.2% | 100% | $95,000 | |
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B-3.5 ★Texas Ratio: 6.80% |
VA | 1 | 0.2% | 50% | $105,000 | View |
Credence Funding Corporation
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VA | 1 | 0.2% | 100% | $255,000 | |
Nations Lending Corporation
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FHA | 1 | 0.2% | 100% | $225,000 | |
T2 Financial LLC
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FHA | 1 | 0.2% | 100% | $265,000 | |
Waterstone Mortgage Corporation
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FHA | 1 | 0.2% | 100% | $215,000 | |
American Pacific Mortgage Corporation
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FHA | 1 | 0.2% | 100% | $165,000 | |
Towne Mortgage Company
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FHA | 1 | 0.2% | 100% | $195,000 | |
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A+5.0 ★Texas Ratio: 1.47% |
Conventional | 1 | 0.2% | 100% | $265,000 | View |
The Loan Store, Inc
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Conventional | 1 | 0.2% | 100% | $185,000 | |
Vanderbilt Mortgage and Finance, Inc
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Conventional | 1 | 0.2% | 50% | $95,000 | |
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A5.0 ★Texas Ratio: 12.35% |
FHA | 1 | 0.2% | 50% | $125,000 | View |
Tomo Mortgage LLC
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FHA | 1 | 0.2% | 100% | $155,000 | |
Village Capital & Investment
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VA | 1 | 0.2% | 66.7% | $335,000 | |
Figure Lending LLC
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HELOC | 0 +3 HELOCs |
0% | n/a | ||
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B4.5 ★Texas Ratio: 20.96% |
HELOC | 0 +3 HELOCs |
0% | n/a | View | |
Advia Credit Union
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HELOC | 0 +2 HELOCs |
0% | n/a | ||
Msu Federal Credit Union
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
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A+5.0 ★Texas Ratio: 3.87% |
HELOC | 0 +1 HELOCs |
0% | n/a | ||
Lendage, LLC dba Achieve Loans
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HELOC | 0 +1 HELOCs |
0% | n/a |
Machesney Park 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 Machesney Park, Illinois
Looking for mortgage lenders near me or mortgage brokers near me in Machesney Park? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Machesney Park in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Machesney Park, IL
Use these to narrow the list above. Each category shows how many Machesney Park, IL lenders fit and what that kind of lender is usually best for.
Who Lends in Machesney Park, IL
Independent mortgage companies closed 45.4 percent of home loans in Machesney Park, Illinois in 2025, banks 28.4 percent and credit unions 26.2 percent. Neighborhood Loans, 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, First Mid Bank and Trust, NA 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 Machesney Park, IL
By home loans closed in 2025, First Mid Bank and Trust, NA was the largest mortgage lender in Machesney Park, Illinois with 29 loans, about 5.8 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Among lenders with meaningful volume in Machesney Park, Illinois, Greenstate Credit Union approved the highest share of completed applications in 2025 at 93.2 percent, against a 85.8 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.
35 lenders closed FHA loans in Machesney Park, Illinois in 2025, led by Rocket Mortgage with 17. 19 lenders closed VA loans, led by Pennymac Loan Services LLC. 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. 35 banks and 17 credit unions closed home loans in Machesney Park, Illinois in 2025, alongside 45 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 Machesney Park, 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 Machesney Park, 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 Machesney Park. 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.
