Mortgage Lenders and Brokers in Richmond, 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
Richmond, Illinois mortgage lenders include Baxter Credit UnionBaxter Credit Union1200 Lakeside Dr, Bannockburn, IL 60015A5.0 ★Texas Ratio: 6.31%, JPMorgan Chase Bank, NAJPMorgan Chase Bank, NA600 W Lake St, Addison, IL 60101A+5.0 ★Texas Ratio: 3.68%, Consumers Credit UnionConsumers Credit Union950 E Rand Rd, Arlington Heights, IL 60004A5.0 ★Texas Ratio: 6.15%, 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%, First American BankFirst American Bank1780 W Fullerton Ave, Addison, IL 60101A+5.0 ★Texas Ratio: 2.93%, Huntington National BankHuntington National Bank103 S Randall Rd, Algonquin, IL 60102A+5.0 ★Texas Ratio: 3.66%, Associated Bank NAAssociated Bank NA10910 N Main St, Richmond, IL 60071A+5.0 ★Texas Ratio: 3.45%, Alliant Credit UnionAlliant Credit Union11545 W Touhy Ave, Chicago, IL 60666A5.0 ★Texas Ratio: 6.04%, Cornerstone National Bank & Trust CompanyCornerstone National Bank & Trust Company1185 S Il Route 31, Crystal Lake, IL 60014A+5.0 ★Texas Ratio: 0.20%, and Community Trust Credit UnionCommunity Trust Credit Union1263 N Il Route 83, Grayslake, IL 60030A+5.0 ★Texas Ratio: 0.26%. 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 Richmond, Illinois in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Richmond 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 Richmond, Illinois
Market share is the lender's share of all home loans closed in Richmond, 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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1200 Lakeside Dr, Bannockburn, IL 60015 A5.0 ★Texas Ratio: 6.31% |
Conventional, HELOC | 6 +3 HELOCs |
7.1% | 100% | $303,333 | View |
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600 W Lake St, Addison, IL 60101 A+5.0 ★Texas Ratio: 3.68% |
Conventional | 6 | 7.1% | 75% | $243,333 | View |
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950 E Rand Rd, Arlington Heights, IL 60004 A5.0 ★Texas Ratio: 6.15% |
Conventional, HELOC | 5 +4 HELOCs |
5.9% | 100% | $163,000 | View |
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233 W Northwest Hwy, Barrington, IL 60010 A+5.0 ★Texas Ratio: 2.20% |
Conventional | 4 | 4.7% | 100% | $315,000 | View |
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1780 W Fullerton Ave, Addison, IL 60101 A+5.0 ★Texas Ratio: 2.93% |
Conventional, HELOC | 2 +1 HELOCs |
2.4% | 100% | $240,000 | View |
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103 S Randall Rd, Algonquin, IL 60102 A+5.0 ★Texas Ratio: 3.66% |
Conventional, HELOC | 1 +1 HELOCs |
1.2% | 100% | $235,000 | View |
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10910 N Main St, Richmond, IL 60071 A+5.0 ★Texas Ratio: 3.45% |
Conventional, HELOC | 1 +1 HELOCs |
1.2% | 100% | $225,000 | View |
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11545 W Touhy Ave, Chicago, IL 60666 A5.0 ★Texas Ratio: 6.04% |
VA | 1 | 1.2% | 100% | $345,000 | View |
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1185 S Il Route 31, Crystal Lake, IL 60014 A+5.0 ★Texas Ratio: 0.20% |
Conventional | 1 | 1.2% | 100% | $335,000 | View |
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1263 N Il Route 83, Grayslake, IL 60030 A+5.0 ★Texas Ratio: 0.26% |
Conventional | 1 | 1.2% | 100% | $275,000 | View |
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440 Lake St, Antioch, IL 60002 A+5.0 ★Texas Ratio: 1.38% |
Conventional | 1 | 1.2% | 100% | $465,000 | View |
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1801 E Empire St, Bloomington, IL 61704 A5.0 ★Texas Ratio: 8.91% |
Conventional | 1 | 1.2% | 100% | $485,000 | View |
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8 S Main St, Elburn, IL 60119 A5.0 ★Texas Ratio: 7.06% |
Conventional | 1 | 1.2% | 100% | $255,000 | View |
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1725 S State St, Belvidere, IL 61008 A+5.0 ★Texas Ratio: 4.82% |
Conventional | 1 | 1.2% | 100% | $105,000 | View |
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625 W Army Trail Blvd, Addison, IL 60101 A+5.0 ★Texas Ratio: 3.54% |
HELOC | 0 +3 HELOCs |
0% | n/a | View | |
Guaranteed Rate, Inc.
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Conventional, VA, HELOC | 6 +2 HELOCs |
7.1% | 100% | $246,666 | |
Diamond Residential Mtg Corp
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Conventional | 2 | 2.4% | 100% | $185,000 | |
Mutual of Omaha Mortgage
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Conventional, FHA | 2 | 2.4% | 100% | $380,000 | |
Originpoint, LLC
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Conventional | 1 | 1.2% | 100% | $135,000 | |
Guaranteed Rate Affinity, LLC
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Conventional | 1 | 1.2% | 100% | $305,000 | |
Compass Mortgage, Inc.
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FHA | 1 | 1.2% | 100% | $405,000 | |
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A+5.0 ★Texas Ratio: 4.81% |
Conventional | 1 | 1.2% | 100% | $435,000 | View |
Citizens Equity First Credit U
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
Rocket Mortgage
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Conventional, FHA | 7 | 8.2% | 87.5% | $187,857 | |
CrossCountry Mortgage, LLC
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Conventional, VA, HELOC | 4 +2 HELOCs |
4.7% | 100% | $232,500 | |
Fairway Independent Mort Corp
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Conventional | 4 | 4.7% | 100% | $202,500 | |
Guild Mortgage Company
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Conventional, FHA | 2 | 2.4% | 100% | $390,000 | |
Nations Lending Corporation
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Conventional, FHA | 2 | 2.4% | 100% | $275,000 | |
Educators Credit Union
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Conventional | 2 | 2.4% | 100% | $385,000 | |
United Wholesale Mortgage
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VA, HELOC | 1 +2 HELOCs |
1.2% | 50% | $535,000 | |
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D3.3 ★Texas Ratio: 35.11% |
VA, HELOC | 1 +1 HELOCs |
1.2% | 100% | $565,000 | View |
American Financial Resources LLC
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Conventional | 1 | 1.2% | 100% | $365,000 | |
Newrez LLC
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Conventional | 1 | 1.2% | 100% | $185,000 | |
Sage Home Loans Corporation
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Conventional | 1 | 1.2% | 100% | $215,000 | |
Kind Lending, LLC
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FHA | 1 | 1.2% | 100% | $215,000 | |
Amerisave Mortgage Company
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Conventional | 1 | 1.2% | 100% | $245,000 | |
loanDepot.com LLC
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FHA | 1 | 1.2% | 100% | $165,000 | |
Homestead Funding Corp.
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Conventional | 1 | 1.2% | 100% | $325,000 | |
Bay Equity LLC
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Conventional | 1 | 1.2% | 100% | $175,000 | |
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B+4.1 ★Texas Ratio: 2.52% |
Conventional | 1 | 1.2% | 100% | $265,000 | View |
Intelliloan, Inc.
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FHA | 1 | 1.2% | 100% | $355,000 | |
Mortgage Research Center
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VA | 1 | 1.2% | 100% | $435,000 | |
New American Funding, LLC.
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Conventional | 1 | 1.2% | 100% | $65,000 | |
Lower, LLC
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Conventional | 1 | 1.2% | 100% | $345,000 | |
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A5.0 ★Texas Ratio: 8.14% |
Conventional | 1 | 1.2% | 100% | $115,000 | |
Spring Eq, LLC
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Conventional | 1 | 1.2% | 100% | $35,000 | |
Plaza Home Mortgage, Inc
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Conventional | 1 | 1.2% | 50% | $515,000 | |
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A+5.0 ★Texas Ratio: 2.32% |
HELOC | 0 +2 HELOCs |
0% | n/a | View | |
Msu Federal Credit Union
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
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A+5.0 ★Texas Ratio: 0.18% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Pentagon Federal Credit Union
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HELOC | 0 +1 HELOCs |
0% | n/a |
Richmond 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 Richmond, Illinois
Looking for mortgage lenders near me or mortgage brokers near me in Richmond? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Richmond in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Richmond, IL
Use these to narrow the list above. Each category shows how many Richmond, IL lenders fit and what that kind of lender is usually best for.
Who Lends in Richmond, IL
Independent mortgage companies closed 56.5 percent of home loans in Richmond, Illinois in 2025, banks 24.7 percent and credit unions 18.8 percent. Guaranteed Rate, Inc. was the largest mortgage company, JPMorgan Chase Bank, NA the largest bank and Baxter Credit Union the largest credit union. Among lenders headquartered in Illinois, Baxter Credit Union led with 6 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 Richmond, IL
By home loans closed in 2025, Baxter Credit Union was the largest mortgage lender in Richmond, Illinois with 6 loans, about 7.1 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
8 lenders closed FHA loans in Richmond, Illinois in 2025, led by Rocket Mortgage with 3. 6 lenders closed VA loans, led by Alliant Credit Union. 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. 15 banks and 9 credit unions closed home loans in Richmond, Illinois in 2025, alongside 27 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 Richmond, 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 Richmond, 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 Richmond. 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.
