Mortgage Lenders and Brokers in Madison, 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
Madison, Illinois mortgage lenders include Regions BankRegions Bank600 Madison Ave, Madison, IL 62060A+5.0 ★Texas Ratio: 4.37%, Revity Credit UnionRevity Credit Union4105 Humbert Rd, Alton, IL 62002A+5.0 ★Texas Ratio: 2.35%, Busey BankBusey Bank4415 Martin Luther King Dr, Alton, IL 62002A+5.0 ★Texas Ratio: 2.31%, Fcb BanksFcb Banks201 N Commercial St, Albers, IL 62215A5.0 ★Texas Ratio: 7.31%, US Bank, N.A.US Bank, N.A.540 W Lake St, Addison, IL 60101A+5.0 ★Texas Ratio: 2.85%, Carrollton BankCarrollton Bank120 Homer M Adams Pkwy, Alton, IL 62002A+5.0 ★Texas Ratio: 3.58%, 1St Midamerica Credit Union1St Midamerica Credit Union3553 College Ave, Alton, IL 62002A5.0 ★Texas Ratio: 11.80%, JPMorgan Chase Bank, NAJPMorgan Chase Bank, NA600 W Lake St, Addison, IL 60101A+5.0 ★Texas Ratio: 3.68%, First BankFirst Bank350 Riverpark Dr, East Saint Louis, IL 62201A+5.0 ★Texas Ratio: 2.49%, and Collinsville Building and Loan AssociationCollinsville Building and Loan Association701 Belt Line Rd, Collinsville, IL 62234A+5.0 ★Texas Ratio: 0.23%. 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 Madison, Illinois in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Madison 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 Madison, Illinois
Market share is the lender's share of all home loans closed in Madison, 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 Madison 600 Madison Ave, Madison, IL 62060 A+5.0 ★Texas Ratio: 4.37% |
Conventional, HELOC | 6 +7 HELOCs |
5.8% | 53.8% | $56,666 | View |
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4105 Humbert Rd, Alton, IL 62002 A+5.0 ★Texas Ratio: 2.35% |
Conventional | 8 | 7.7% | 80% | $101,250 | View |
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4415 Martin Luther King Dr, Alton, IL 62002 A+5.0 ★Texas Ratio: 2.31% |
Conventional, FHA, HELOC | 4 +1 HELOCs |
3.8% | 100% | $102,500 | View |
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201 N Commercial St, Albers, IL 62215 A5.0 ★Texas Ratio: 7.31% |
Conventional, HELOC | 2 +1 HELOCs |
1.9% | 66.7% | $110,000 | View |
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540 W Lake St, Addison, IL 60101 A+5.0 ★Texas Ratio: 2.85% |
Conventional | 2 | 1.9% | 66.7% | $215,000 | View |
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120 Homer M Adams Pkwy, Alton, IL 62002 A+5.0 ★Texas Ratio: 3.58% |
Conventional, FHA | 2 | 1.9% | 33.3% | $80,000 | View |
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3553 College Ave, Alton, IL 62002 A5.0 ★Texas Ratio: 11.80% |
Conventional | 2 | 1.9% | 100% | $60,000 | View |
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600 W Lake St, Addison, IL 60101 A+5.0 ★Texas Ratio: 3.68% |
Conventional | 1 | 1% | 100% | $175,000 | View |
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350 Riverpark Dr, East Saint Louis, IL 62201 A+5.0 ★Texas Ratio: 2.49% |
Conventional | 1 | 1% | 100% | $285,000 | View |
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701 Belt Line Rd, Collinsville, IL 62234 A+5.0 ★Texas Ratio: 0.23% |
Conventional | 1 | 1% | 100% | $35,000 | View |
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115 S Madison St, Lebanon, IL 62254 B+4.8 ★Texas Ratio: 17.14% |
Conventional | 1 | 1% | 100% | $265,000 | View |
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951 Dixie Hwy, Beecher, IL 60401 A5.0 ★Texas Ratio: 9.50% |
FHA | 1 | 1% | 100% | $165,000 | View |
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850 W Algonquin Rd, Arlington Heights, IL 60005 A+5.0 ★Texas Ratio: 4.14% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
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4807 W Main St, Belleville, IL 62226 4722 A+5.0 ★Texas Ratio: 3.36% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
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777 W Army Trail Blvd, Addison, IL 60101 A+5.0 ★Texas Ratio: 3.22% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
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101 N High St, Belleville, IL 62220 A+5.0 ★Texas Ratio: 1.78% |
HELOC | 0 +1 HELOCs |
0% | 0% | View | |
Mutual of Omaha Mortgage
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Conventional, FHA | 2 | 1.9% | 100% | $215,000 | |
Heartland Credi T Union
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Conventional | 1 | 1% | 100% | $215,000 | |
Zippy Loans, LLC
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Conventional | 26 | 25% | 31.8% | $22,692 | |
New American Funding, LLC.
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Conventional, FHA, HELOC | 6 +1 HELOCs |
5.8% | 100% | $160,000 | |
United Wholesale Mortgage
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Conventional, FHA, VA | 4 | 3.8% | 100% | $202,500 | |
Nqm Funding, LLC
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Conventional | 4 | 3.8% | 100% | $115,000 | |
Mortgage Research Center
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VA | 4 | 3.8% | 100% | $225,000 | |
Rocket Mortgage
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Conventional, FHA | 3 | 2.9% | 42.9% | $188,333 | |
Guild Mortgage Company
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Conventional, VA | 3 | 2.9% | 100% | $168,333 | |
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A+5.0 ★Texas Ratio: 5.29% |
Conventional, FHA | 2 | 1.9% | 100% | $180,000 | View |
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A+5.0 ★Texas Ratio: 1.51% |
Conventional | 2 | 1.9% | 40% | $70,000 | View |
Movement Mortgage, LLC
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Conventional, FHA | 2 | 1.9% | 100% | $135,000 | |
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A5.0 ★Texas Ratio: 8.14% |
Conventional, VA | 2 | 1.9% | 100% | $80,000 | |
Newrez LLC
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Conventional | 1 | 1% | 100% | $55,000 | |
Royal Banks of Missouri
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Conventional | 1 | 1% | 100% | $255,000 | |
Amerisave Mortgage Company
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FHA | 1 | 1% | 33.3% | $115,000 | |
American Financial Network, Inc.
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FHA | 1 | 1% | 100% | $105,000 | |
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B-3.5 ★Texas Ratio: 6.80% |
Conventional | 1 | 1% | 100% | $45,000 | View |
First Community Credit Union
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Conventional | 1 | 1% | 33.3% | $105,000 | |
American Pacific Mortgage Corporation
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Conventional | 1 | 1% | 50% | $45,000 | |
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A+5.0 ★Texas Ratio: 5.66% |
VA | 1 | 1% | 100% | $295,000 | View |
Endeavor Capital, LLC
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VA | 1 | 1% | 100% | $255,000 | |
Lower, LLC
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VA | 1 | 1% | 100% | $275,000 | |
21St Mortgage
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Conventional | 1 | 1% | 25% | $55,000 | |
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A5.0 ★Texas Ratio: 12.35% |
Conventional | 1 | 1% | 100% | $185,000 | View |
Madison 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 Madison, Illinois
Looking for mortgage lenders near me or mortgage brokers near me in Madison? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Madison in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Madison, IL
Use these to narrow the list above. Each category shows how many Madison, IL lenders fit and what that kind of lender is usually best for.
Who Lends in Madison, IL
Independent mortgage companies closed 63.5 percent of home loans in Madison, Illinois in 2025, banks 23.1 percent and credit unions 13.5 percent. Mutual of Omaha Mortgage was the largest mortgage company, Regions Bank the largest bank and Revity Credit Union the largest credit union. Among lenders headquartered in Illinois, Revity Credit Union led with 8 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 Madison, IL
By home loans closed in 2025, Regions Bank was the largest mortgage lender in Madison, Illinois with 6 loans, about 5.8 percent of the market. The largest lender headquartered in Illinois was Revity Credit Union with 8 loans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
11 lenders closed FHA loans in Madison, Illinois in 2025, led by New American Funding, LLC. with 4. 7 lenders closed VA loans, led by Mortgage Research Center. 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. 16 banks and 6 credit unions closed home loans in Madison, 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 Madison, 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 Madison, 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 Madison. 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.
