Mortgage Lenders and Brokers in Morrison, Illinois
Brian McKay
|
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.
|
✓Fact Checked
|
Loan Rates Last Updated and Verified: October 7, 2026
Morrison, Illinois mortgage lenders include Farmers National BankFarmers National Bank1100 E Lincolnway, Morrison, IL 61270A+5.0 ★Texas Ratio: 0.91%, TBK Bank, SSBTBK Bank, SSB211 W Main St, Morrison, IL 61270A5.0 ★Texas Ratio: 8.52%, Central Bank IllinoisCentral Bank Illinois440 Mulberry St, Andover, IL 61233A-5.0 ★Texas Ratio: 15.39%, US Bank, N.A.US Bank, N.A.540 W Lake St, Addison, IL 60101A+5.0 ★Texas Ratio: 2.85%, 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%, Midland States BankMidland States Bank951 Dixie Hwy, Beecher, IL 60401A5.0 ★Texas Ratio: 9.50%, First National Bank of OmahaFirst National Bank of Omaha1725 S State St, Belvidere, IL 61008A+5.0 ★Texas Ratio: 4.82%, Empeople Credit UnionEmpeople Credit Union1100 13th Ave, East Moline, IL 61244 1455A+5.0 ★Texas Ratio: 5.75%, Fifth Third Bank, National AssociationFifth Third Bank, National Association777 W Army Trail Blvd, Addison, IL 60101A+5.0 ★Texas Ratio: 3.22%, and Sauk Valley Bank & Trust CompanySauk Valley Bank & Trust Company224 N Galena Ave, Dixon, IL 61021A5.0 ★Texas Ratio: 7.96%. 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 Morrison, Illinois in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Morrison 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 Morrison, Illinois
Market share is the lender's share of all home loans closed in Morrison, 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 |
|---|---|---|---|---|---|---|
|
1 office in Morrison 1100 E Lincolnway, Morrison, IL 61270 A+5.0 ★Texas Ratio: 0.91% |
Conventional | 17 | 20.7% | 100% | $67,352 | View |
|
1 office in Morrison 211 W Main St, Morrison, IL 61270 A5.0 ★Texas Ratio: 8.52% |
Conventional | 1 | 1.2% | 100% | $175,000 | View |
|
440 Mulberry St, Andover, IL 61233 A-5.0 ★Texas Ratio: 15.39% |
Conventional | 4 | 4.9% | 100% | $77,500 | View |
|
540 W Lake St, Addison, IL 60101 A+5.0 ★Texas Ratio: 2.85% |
Conventional, VA, HELOC | 3 +1 HELOCs |
3.7% | 100% | $161,666 | View |
|
233 W Northwest Hwy, Barrington, IL 60010 A+5.0 ★Texas Ratio: 2.20% |
VA | 2 | 2.4% | 100% | $175,000 | View |
|
951 Dixie Hwy, Beecher, IL 60401 A5.0 ★Texas Ratio: 9.50% |
Conventional, USDA | 2 | 2.4% | 100% | $80,000 | View |
|
1725 S State St, Belvidere, IL 61008 A+5.0 ★Texas Ratio: 4.82% |
Conventional | 2 | 2.4% | 100% | $130,000 | View |
|
1100 13th Ave, East Moline, IL 61244 1455 A+5.0 ★Texas Ratio: 5.75% |
Conventional, HELOC | 1 +1 HELOCs |
1.2% | 100% | $15,000 | View |
|
777 W Army Trail Blvd, Addison, IL 60101 A+5.0 ★Texas Ratio: 3.22% |
Conventional, HELOC | 1 +1 HELOCs |
1.2% | 100% | $35,000 | View |
|
224 N Galena Ave, Dixon, IL 61021 A5.0 ★Texas Ratio: 7.96% |
Conventional | 1 | 1.2% | 50% | $25,000 | View |
First State Mortgage Services
825 N Randall Rd, Batavia, IL 60510 |
VA | 1 | 1.2% | 100% | $255,000 | |
|
608 W Blackhawk Dr, Byron, IL 61010 A+5.0 ★Texas Ratio: 3.99% |
Conventional | 1 | 1.2% | 100% | $155,000 | View |
|
11545 W Touhy Ave, Chicago, IL 60666 A5.0 ★Texas Ratio: 6.04% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
|
209 S Main St, Albany, IL 61230 A+5.0 ★Texas Ratio: 5.85% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Ruhl Mortgage LLC
|
Conventional | 1 | 1.2% | 100% | $415,000 | |
Mutual of Omaha Mortgage
|
Conventional | 1 | 1.2% | 100% | $185,000 | |
Rocket Mortgage
|
Conventional, FHA | 7 | 8.5% | 77.8% | $116,428 | |
Mortgage Research Center
|
VA | 7 | 8.5% | 77.8% | $176,428 | |
Greenstate Credit Union
|
Conventional, HELOC | 6 +1 HELOCs |
7.3% | 85.7% | $133,333 | |
|
A+5.0 ★Texas Ratio: 4.68% |
Conventional, HELOC | 3 +1 HELOCs |
3.7% | 75% | $128,333 | |
Guild Mortgage Company
|
Conventional, FHA | 2 | 2.4% | 100% | $225,000 | |
New Day Financial, LLC.
|
VA | 2 | 2.4% | 100% | $165,000 | |
Nationstar Mortgage
|
Conventional, FHA | 2 | 2.4% | 100% | $155,000 | |
Newrez LLC
|
VA | 1 | 1.2% | 100% | $385,000 | |
Nbkc Bank
|
FHA | 1 | 1.2% | 100% | $165,000 | |
Compeer Financial
|
Conventional | 1 | 1.2% | 100% | $85,000 | |
|
D3.3 ★Texas Ratio: 35.11% |
Conventional | 1 | 1.2% | 100% | $45,000 | View |
|
B+4.8 ★Texas Ratio: 17.16% |
Conventional | 1 | 1.2% | 100% | $185,000 | View |
Pennymac Loan Services LLC
|
Conventional | 1 | 1.2% | 50% | $35,000 | |
loanDepot.com LLC
|
FHA | 1 | 1.2% | 100% | $125,000 | |
|
B-3.5 ★Texas Ratio: 6.80% |
VA | 1 | 1.2% | 100% | $165,000 | View |
|
A+5.0 ★Texas Ratio: 1.64% |
Conventional | 1 | 1.2% | 100% | $405,000 | View |
Churchill Mortgage Corporation
|
Conventional | 1 | 1.2% | 100% | $145,000 | |
Mortgage Center LC
|
Conventional | 1 | 1.2% | 100% | $195,000 | |
Towne Mortgage Company
|
USDA | 1 | 1.2% | 100% | $85,000 | |
New American Funding, LLC.
|
FHA | 1 | 1.2% | 50% | $225,000 | |
|
A5.0 ★Texas Ratio: 9.09% |
FHA | 1 | 1.2% | 100% | $135,000 | View |
Plaza Home Mortgage, Inc
|
FHA | 1 | 1.2% | 100% | $125,000 | |
Figure Lending LLC
|
HELOC | 0 +1 HELOCs |
0% | n/a | ||
Midwestone Bank
|
HELOC | 0 +1 HELOCs |
0% | n/a | ||
Lendage, LLC dba Achieve Loans
|
HELOC | 0 +1 HELOCs |
0% | n/a |
Morrison 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 Morrison, Illinois
Looking for mortgage lenders near me or mortgage brokers near me in Morrison? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Morrison in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Morrison, IL
Use these to narrow the list above. Each category shows how many Morrison, IL lenders fit and what that kind of lender is usually best for.
Who Lends in Morrison, IL
Independent mortgage companies closed 36.6 percent of home loans in Morrison, Illinois in 2025, banks 50 percent and credit unions 13.4 percent. Ruhl Mortgage LLC was the largest mortgage company, Farmers National Bank the largest bank and Empeople Credit Union the largest credit union. Among lenders headquartered in Illinois, Farmers National Bank led with 17 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 Morrison, IL
By home loans closed in 2025, Farmers National Bank was the largest mortgage lender in Morrison, Illinois with 17 loans, about 20.7 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
8 lenders closed FHA loans in Morrison, Illinois in 2025, led by Rocket Mortgage with 3. 7 lenders closed VA loans, led by Mortgage Research Center, and 2 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 5 credit unions closed home loans in Morrison, Illinois in 2025, alongside 17 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 Morrison, 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 Morrison, 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 Morrison. 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.
