Nashville, Illinois mortgage lenders include The Farmers and Merchants National BankThe Farmers and Merchants National Bank120 W Saint Louis St, Nashville, IL 62263A+5.0 ★Texas Ratio: 5.55%, Regions BankRegions Bank112 E Saint Louis St, Nashville, IL 62263A+5.0 ★Texas Ratio: 4.37%, The Bradford National Bank of GreenvilleThe Bradford National Bank of Greenville17872 Exchange Ave, Nashville, IL 62263A5.0 ★Texas Ratio: 11.76%, 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%, Bank of America NABank of America NA850 W Algonquin Rd, Arlington Heights, IL 60005A+5.0 ★Texas Ratio: 4.14%, Bank of BellevilleBank of Belleville215 S Illinois St, Belleville, IL 62220B4.6 ★Texas Ratio: 19.57%, First Federal Savings Bank of MascoutahFirst Federal Savings Bank of Mascoutah115 S Madison St, Lebanon, IL 62254B+4.8 ★Texas Ratio: 17.14%, Fifth Third Bank, National AssociationFifth Third Bank, National Association777 W Army Trail Blvd, Addison, IL 60101A+5.0 ★Texas Ratio: 3.22%, and 1NB Bank1NB Bank500 W Harrison St, Aviston, IL 62216A+5.0 ★Texas Ratio: 0.48%. 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 Nashville, Illinois in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Nashville 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.
Market share is the lender's share of all home loans closed in Nashville, 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 Nashville 120 W Saint Louis St, Nashville, IL 62263 A+5.0 ★Texas Ratio: 5.55% |
Conventional | 6 | 11.8% | 100% | $111,666 | View |
|
1 office in Nashville 112 E Saint Louis St, Nashville, IL 62263 A+5.0 ★Texas Ratio: 4.37% |
Conventional, FHA, HELOC | 5 +3 HELOCs |
9.8% | 62.5% | $113,000 | View |
|
1 office in Nashville 17872 Exchange Ave, Nashville, IL 62263 A5.0 ★Texas Ratio: 11.76% |
Conventional | 5 | 9.8% | 100% | $119,000 | View |
|
201 N Commercial St, Albers, IL 62215 A5.0 ★Texas Ratio: 7.31% |
Conventional, FHA | 3 | 5.9% | 100% | $188,333 | View |
|
540 W Lake St, Addison, IL 60101 A+5.0 ★Texas Ratio: 2.85% |
Conventional | 2 | 3.9% | 100% | $150,000 | View |
|
850 W Algonquin Rd, Arlington Heights, IL 60005 A+5.0 ★Texas Ratio: 4.14% |
Conventional, HELOC | 1 +1 HELOCs |
2% | 100% | $185,000 | View |
|
215 S Illinois St, Belleville, IL 62220 B4.6 ★Texas Ratio: 19.57% |
Conventional | 1 | 2% | 100% | $55,000 | View |
|
115 S Madison St, Lebanon, IL 62254 B+4.8 ★Texas Ratio: 17.14% |
Conventional | 1 | 2% | 100% | $65,000 | View |
|
777 W Army Trail Blvd, Addison, IL 60101 A+5.0 ★Texas Ratio: 3.22% |
Conventional | 1 | 2% | 100% | $335,000 | View |
|
500 W Harrison St, Aviston, IL 62216 A+5.0 ★Texas Ratio: 0.48% |
Conventional | 1 | 2% | 100% | $45,000 | View |
Guaranteed Rate, Inc.
|
Conventional, VA | 2 | 3.9% | 66.7% | $240,000 | |
Rocket Mortgage
|
Conventional, FHA | 5 | 9.8% | 71.4% | $171,000 | |
New American Funding, LLC.
|
Conventional, FHA | 4 | 7.8% | 100% | $95,000 | |
Freedom Mortgage Corporation
|
Conventional, VA | 2 | 3.9% | 100% | $160,000 | |
|
A+5.0 ★Texas Ratio: 5.29% |
Conventional | 1 | 2% | 100% | $85,000 | View |
Filo Mortgage, LLC
|
Conventional | 1 | 2% | 100% | $175,000 | |
Pennymac Loan Services LLC
|
FHA | 1 | 2% | 100% | $125,000 | |
Mazuma Credit Union
|
Conventional | 1 | 2% | 100% | $185,000 | |
Guild Mortgage Company
|
Conventional | 1 | 2% | 100% | $195,000 | |
Discover Bank
|
Conventional | 1 | 2% | 33.3% | $35,000 | |
Flat Branch Mortgage, Inc.
|
FHA | 1 | 2% | 100% | $95,000 | |
|
A+5.0 ★Texas Ratio: 1.05% |
Conventional | 1 | 2% | 100% | $205,000 | View |
Pike Creek Mortgage Services, Inc.
|
Conventional | 1 | 2% | 100% | $95,000 | |
Geneva Financial LLC
|
FHA | 1 | 2% | 100% | $235,000 | |
Gershman Investment Corp.
|
FHA | 1 | 2% | 50% | $175,000 | |
Leaderone Financial Corp.
|
Conventional | 1 | 2% | 100% | $145,000 |
Daily average mortgage rates for Illinois compared with the national average, updated every evening.
Looking for mortgage lenders near me or mortgage brokers near me in Nashville? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Nashville in 2025, with lenders based there listed first.
Use these to narrow the list above. Each category shows how many Nashville, IL lenders fit and what that kind of lender is usually best for.
Independent mortgage companies closed 43.1 percent of home loans in Nashville, Illinois in 2025, banks 54.9 percent and credit unions 2 percent. Guaranteed Rate, Inc. was the largest mortgage company, The Farmers and Merchants National Bank the largest bank and Mazuma Credit Union the largest credit union. Among lenders headquartered in Illinois, The Farmers and Merchants National Bank led with 6 loans.
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.
By home loans closed in 2025, The Farmers and Merchants National Bank was the largest mortgage lender in Nashville, Illinois with 6 loans, about 11.8 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
8 lenders closed FHA loans in Nashville, Illinois in 2025, led by Regions Bank with 2. 2 lenders closed VA loans, led by Guaranteed Rate, Inc.. 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. 12 banks and 1 credit unions closed home loans in Nashville, Illinois in 2025, alongside 13 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 Nashville, 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.
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 Nashville, 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 Nashville. 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.