Mortgage Lenders and Brokers in Oakwood, 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
Oakwood, Illinois mortgage lenders include First Farmers Bank & TrustFirst Farmers Bank & Trust106 S Oakwood St, Oakwood, IL 61858A5.0 ★Texas Ratio: 7.53%, The Fisher National BankThe Fisher National Bank109 E Vermilion St, Catlin, IL 61817A5.0 ★Texas Ratio: 10.85%, University of Illinois Community Credit UnionUniversity of Illinois Community Credit Union1722 E Hamilton Rd, Bloomington, IL 61704A+5.0 ★Texas Ratio: 4.34%, Longview BankLongview Bank121 S Pennsylvania St, Chrisman, IL 61924A5.0 ★Texas Ratio: 8.41%, Morton Community BankMorton Community Bank209 S Main St, Albany, IL 61230A+5.0 ★Texas Ratio: 5.85%, Busey BankBusey Bank4415 Martin Luther King Dr, Alton, IL 62002A+5.0 ★Texas Ratio: 2.31%, First Financial Bank NAFirst Financial Bank NA400 Public Sq, Benton, IL 62812A+5.0 ★Texas Ratio: 3.47%, First Mid Bank and Trust, NAFirst Mid Bank and Trust, NA101 W Washington Ave, Altamont, IL 62411A+5.0 ★Texas Ratio: 3.88%, PNC Bank N.A.PNC Bank N.A.791 S Randall Rd, Algonquin, IL 60102A+5.0 ★Texas Ratio: 4.24%, and Iroquois Federal Savings & Loan AssociationIroquois Federal Savings & Loan AssociationWatseka, IL. 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 Oakwood, Illinois in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Oakwood 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 Oakwood, Illinois
Market share is the lender's share of all home loans closed in Oakwood, 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 Oakwood 106 S Oakwood St, Oakwood, IL 61858 A5.0 ★Texas Ratio: 7.53% |
HELOC | 0 +1 HELOCs |
0% | 100% | View | |
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109 E Vermilion St, Catlin, IL 61817 A5.0 ★Texas Ratio: 10.85% |
Conventional, USDA | 12 | 20% | 100% | $183,333 | View |
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1722 E Hamilton Rd, Bloomington, IL 61704 A+5.0 ★Texas Ratio: 4.34% |
Conventional | 5 | 8.3% | 100% | $145,000 | View |
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121 S Pennsylvania St, Chrisman, IL 61924 A5.0 ★Texas Ratio: 8.41% |
Conventional | 5 | 8.3% | 100% | $155,000 | View |
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209 S Main St, Albany, IL 61230 A+5.0 ★Texas Ratio: 5.85% |
Conventional | 2 | 3.3% | 100% | $120,000 | View |
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4415 Martin Luther King Dr, Alton, IL 62002 A+5.0 ★Texas Ratio: 2.31% |
Conventional, HELOC | 1 +2 HELOCs |
1.7% | 100% | $75,000 | View |
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400 Public Sq, Benton, IL 62812 A+5.0 ★Texas Ratio: 3.47% |
Conventional, HELOC | 1 +1 HELOCs |
1.7% | 50% | $195,000 | View |
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101 W Washington Ave, Altamont, IL 62411 A+5.0 ★Texas Ratio: 3.88% |
Conventional | 1 | 1.7% | 100% | $95,000 | 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 +2 HELOCs |
0% | n/a | View | |
Iroquois Federal Savings & Loan Association
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Conventional | 3 | 5% | 100% | $68,333 | |
The Gifford State Bank
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Conventional | 2 | 3.3% | 100% | $150,000 | |
New American Funding, LLC.
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Conventional, FHA | 5 | 8.3% | 100% | $153,000 | |
Fairway Independent Mort Corp
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Conventional, FHA | 4 | 6.7% | 100% | $80,000 | |
Freedom Mortgage Corporation
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FHA | 2 | 3.3% | 100% | $145,000 | |
Rocket Mortgage
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Conventional, VA | 2 | 3.3% | 40% | $245,000 | |
Primelending
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Conventional | 2 | 3.3% | 100% | $175,000 | |
Flat Branch Mortgage, Inc.
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Conventional, USDA | 2 | 3.3% | 100% | $135,000 | |
Point Mortgage Corp
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Conventional | 2 | 3.3% | 100% | $115,000 | |
CrossCountry Mortgage, LLC
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USDA, HELOC | 1 +1 HELOCs |
1.7% | 100% | $135,000 | |
Consumer Real Estate Finance Co DBA Society Mortgage
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FHA | 1 | 1.7% | 50% | $205,000 | |
Zippy Loans, LLC
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Conventional | 1 | 1.7% | 100% | $45,000 | |
United Wholesale Mortgage
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Conventional | 1 | 1.7% | 100% | $35,000 | |
Newrez LLC
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Conventional | 1 | 1.7% | 100% | $55,000 | |
Pennymac Loan Services LLC
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FHA | 1 | 1.7% | 100% | $115,000 | |
Mortgage Center LC
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Conventional | 1 | 1.7% | 100% | $45,000 | |
Wolfe Financial Inc
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Conventional | 1 | 1.7% | 100% | $195,000 | |
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A5.0 ★Texas Ratio: 12.35% |
VA | 1 | 1.7% | 100% | $165,000 | View |
Lendage, LLC dba Achieve Loans
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HELOC | 0 +1 HELOCs |
0% | n/a |
Oakwood 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 Oakwood, Illinois
Looking for mortgage lenders near me or mortgage brokers near me in Oakwood? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Oakwood in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Oakwood, IL
Use these to narrow the list above. Each category shows how many Oakwood, IL lenders fit and what that kind of lender is usually best for.
Who Lends in Oakwood, IL
Independent mortgage companies closed 41.7 percent of home loans in Oakwood, Illinois in 2025, banks 48.3 percent and credit unions 10 percent. New American Funding, LLC. was the largest mortgage company, First Farmers Bank & Trust the largest bank and University of Illinois Community Credit Union the largest credit union. Among lenders headquartered in Illinois, The Fisher National Bank led with 12 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 Oakwood, IL
By home loans closed in 2025, First Farmers Bank & Trust was the largest mortgage lender in Oakwood, Illinois with 0 loans, about 0 percent of the market. The largest lender headquartered in Illinois was The Fisher National Bank with 12 loans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
5 lenders closed FHA loans in Oakwood, Illinois in 2025, led by New American Funding, LLC. with 4. 2 lenders closed VA loans, led by Rocket Mortgage, and 3 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. 11 banks and 2 credit unions closed home loans in Oakwood, Illinois in 2025, alongside 15 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 Oakwood, 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 Oakwood, 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 Oakwood. 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.
