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Home / Mortgage Lenders / Illinois / Schaumburg
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Mortgage Lenders and Brokers in Schaumburg, Illinois

Schaumburg, Illinois mortgage lenders include JPMorgan Chase Bank, NAJPMorgan Chase Bank, NA600 N Meacham Rd, Schaumburg, IL 60173A+5.0 ★Texas Ratio: 3.68%, Huntington National BankHuntington National Bank2501 W Schaumburg Rd, Schaumburg, IL 60194A+5.0 ★Texas Ratio: 3.66%, US Bank, N.A.US Bank, N.A.60 S Meacham Rd, Schaumburg, IL 60193A+5.0 ★Texas Ratio: 2.85%, Bank of America NABank of America NA1805 E Golf Rd, Schaumburg, IL 60173A+5.0 ★Texas Ratio: 4.14%, Fifth Third Bank, National AssociationFifth Third Bank, National Association121 N Barrington Rd, Schaumburg, IL 60194A+5.0 ★Texas Ratio: 3.22%, BMO Harris Bank NABMO Harris Bank NA2401 W Schaumburg Rd, Schaumburg, IL 60194A+5.0 ★Texas Ratio: 3.54%, Citibank, NACitibank, NA601 N Martingale Rd, Schaumburg, IL 60173A+5.0 ★Texas Ratio: 2.82%, PNC Bank N.A.PNC Bank N.A.2425 W Schaumburg Rd, Schaumburg, IL 60194A+5.0 ★Texas Ratio: 4.24%, Wells Fargo Bank NAWells Fargo Bank NA210 S Roselle Rd, Schaumburg, IL 60193A+5.0 ★Texas Ratio: 5.36%, and Old National BankOld National Bank2601 W Schaumburg Rd, Schaumburg, IL 60194A+5.0 ★Texas Ratio: 4.98%. 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 Schaumburg, Illinois in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Schaumburg 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 Schaumburg, Illinois

Market share is the lender's share of all home loans closed in Schaumburg, 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.

LenderProgramsLoans closedMarket shareApproval shareAverage loanView
2 offices in Schaumburg
600 N Meacham Rd, Schaumburg, IL 60173
A+5.0 ★Texas Ratio: 3.68%
Conventional, HELOC 45
+2 HELOCs
4.1% 87% $293,222 View
2 offices in Schaumburg
2501 W Schaumburg Rd, Schaumburg, IL 60194
A+5.0 ★Texas Ratio: 3.66%
Conventional, FHA, Jumbo, HELOC 34
+21 HELOCs
3.1% 85% $585,294 View
1 office in Schaumburg
60 S Meacham Rd, Schaumburg, IL 60193
A+5.0 ★Texas Ratio: 2.85%
Conventional, Jumbo, HELOC 20
+8 HELOCs
1.8% 84% $243,500 View
2 offices in Schaumburg
1805 E Golf Rd, Schaumburg, IL 60173
A+5.0 ★Texas Ratio: 4.14%
Conventional, Jumbo, HELOC 14
+17 HELOCs
1.3% 87.5% $397,142 View
2 offices in Schaumburg
121 N Barrington Rd, Schaumburg, IL 60194
A+5.0 ★Texas Ratio: 3.22%
Conventional, HELOC 9
+14 HELOCs
0.8% 90.9% $281,666 View
2 offices in Schaumburg
2401 W Schaumburg Rd, Schaumburg, IL 60194
A+5.0 ★Texas Ratio: 3.54%
Conventional, FHA, HELOC 5
+66 HELOCs
0.5% 62.5% $197,000 View
1 office in Schaumburg
601 N Martingale Rd, Schaumburg, IL 60173
A+5.0 ★Texas Ratio: 2.82%
Conventional, HELOC 5
+3 HELOCs
0.5% 71.4% $475,000 View
★ 1.7 stars, 3 reviews
2 offices in Schaumburg
2425 W Schaumburg Rd, Schaumburg, IL 60194
A+5.0 ★Texas Ratio: 4.24%
Conventional, HELOC 4
+14 HELOCs
0.4% 66.7% $197,500 View
1 office in Schaumburg
210 S Roselle Rd, Schaumburg, IL 60193
A+5.0 ★Texas Ratio: 5.36%
Conventional 4 0.4% 100% $237,500 View
1 office in Schaumburg
2601 W Schaumburg Rd, Schaumburg, IL 60194
A+5.0 ★Texas Ratio: 4.98%
Conventional, HELOC 3
+2 HELOCs
0.3% 100% $158,333 View
1807 W Cermak Rd, Broadview, IL 60155
A+5.0 ★Texas Ratio: 3.62%
Conventional 1 0.1% 100% $175,000 View
1 office in Schaumburg
650 E Algonquin Rd, Schaumburg, IL 60173
A+5.0 ★Texas Ratio: 0.20%
Conventional 1 0.1% 100% $115,000 View
A+5.0 ★Texas Ratio: 4.81%
Conventional, FHA 14 1.3% 100% $316,428 View
233 W Northwest Hwy, Barrington, IL 60010
A+5.0 ★Texas Ratio: 2.20%
Conventional 17 1.6% 85.7% $384,411 View
1310 N Meacham Rd, Schaumburg, IL 60173 4806
A5.0 ★Texas Ratio: 6.15%
Conventional, HELOC 7
+34 HELOCs
0.6% 87.5% $120,714 View
Homeland Mortgage Company
305 N 48th St, Quincy, IL 62305
Conventional 6 0.5% 100% $460,000
First State Mortgage Services
825 N Randall Rd, Batavia, IL 60510
Conventional 5 0.5% 100% $413,000
3060 W Sand Lake Rd, Lindenhurst, IL 60046
A+5.0 ★Texas Ratio: 3.87%
Conventional 4 0.4% 100% $380,000 View
1747 W North Ave, Chicago, IL 60622
A5.0 ★Texas Ratio: 8.69%
Conventional 4 0.4% 100% $162,500 View
1801 E Empire St, Bloomington, IL 61704
A5.0 ★Texas Ratio: 8.91%
Conventional 4 0.4% 100% $290,000 View
1780 W Fullerton Ave, Addison, IL 60101
A+5.0 ★Texas Ratio: 2.93%
Conventional, HELOC 2
+11 HELOCs
0.2% 66.7% $185,000 View
11545 W Touhy Ave, Chicago, IL 60666
A5.0 ★Texas Ratio: 6.04%
Conventional, HELOC 2
+7 HELOCs
0.2% 100% $395,000 View
1200 Lakeside Dr, Bannockburn, IL 60015
A5.0 ★Texas Ratio: 6.31%
Conventional, Jumbo, HELOC 2
+1 HELOCs
0.2% 75% $535,000 View
6445 N Western Ave, Chicago, IL 60645
B+4.0 ★Texas Ratio: 2.09%
Conventional 2 0.2% 100% $325,000 View
3233 S Ashland Ave, Chicago, IL 60608
A5.0 ★Texas Ratio: 7.57%
Conventional 2 0.2% 100% $520,000 View
302 E Army Trail Rd, Bloomingdale, IL 60108
A+5.0 ★Texas Ratio: 4.49%
Conventional 2 0.2% 100% $285,000 View
308 W Irving Park Rd, Itasca, IL 60143
A+5.0 ★Texas Ratio: 2.14%
Conventional 2 0.2% 100% $155,000 View
4000 W Diversey Ave, Chicago, IL 60639
B+4.8 ★Texas Ratio: 16.98%
Conventional, VA 2 0.2% 100% $430,000 View
4801 W Belmont Ave, Chicago, IL 60641
A+5.0 ★Texas Ratio: 0.99%
Conventional 2 0.2% 100% $460,000 View
725 Ogden Ave, Downers Grove, IL 60515 2915
A+5.0 ★Texas Ratio: 3.55%
Conventional, HELOC 1
+1 HELOCs
0.1% 100% $105,000 View
23840 W Eames St, Channahon, IL 60410
A+5.0 ★Texas Ratio: 5.05%
Conventional 1 0.1% 100% $235,000 View
83 W Golf Rd, Arlington Heights, IL 60005
A+5.0 ★Texas Ratio: 4.07%
Conventional 1 0.1% 100% $115,000 View
504 W Blackhawk Dr, Byron, IL 61010
A+5.0 ★Texas Ratio: 0.32%
Conventional 1 0.1% 100% $205,000 View
Credit Union 1
750 S Halsted St Rm 220C, Chicago, IL 60607 7008
Conventional 1 0.1% 100% $185,000
1722 E Hamilton Rd, Bloomington, IL 61704
A+5.0 ★Texas Ratio: 4.34%
Conventional 1 0.1% 100% $515,000 View
620 W Burlington Ave, La Grange, IL 60525
A+5.0 ★Texas Ratio: 0.23%
Conventional 1 0.1% 100% $45,000 View
1640 W Lake St, Addison, IL 60101
A-5.0 ★Texas Ratio: 15.03%
Conventional 1 0.1% 100% $285,000 View
United Home Loans, Inc.
4747 W Peterson Ave Ste 100, Chicago, IL 60646
Conventional 1 0.1% 100% $245,000
350 W Schaumburg Rd, Schaumburg, IL 60194
A+5.0 ★Texas Ratio: 0.87%
Conventional 1 0.1% 100% $235,000 View
951 Dixie Hwy, Beecher, IL 60401
A5.0 ★Texas Ratio: 9.50%
Conventional 1 0.1% 100% $115,000 View
825 N Randall Rd, Batavia, IL 60510
A+5.0 ★Texas Ratio: 3.55%
Conventional 1 0.1% 100% $285,000 View
111 E Main St, Amboy, IL 61310
A5.0 ★Texas Ratio: 8.80%
Conventional 1 0.1% 100% $365,000 View
4415 Martin Luther King Dr, Alton, IL 62002
A+5.0 ★Texas Ratio: 2.31%
Conventional 1 0.1% 100% $225,000 View
1000 S Mclean Blvd, Elgin, IL 60123
C4.0 ★Texas Ratio: 27.11%
Conventional 1 0.1% 100% $235,000 View
104 Homer M Adams Pkwy, Alton, IL 62002
A+5.0 ★Texas Ratio: 3.45%
HELOC 0
+2 HELOCs
0% n/a View
Guaranteed Rate, Inc.
Conventional, FHA, VA, HELOC 46
+4 HELOCs
4.2% 93.9% $333,695
Guaranteed Rate Affinity, LLC
Conventional, FHA 11 1% 100% $325,909
Mutual of Omaha Mortgage
Conventional, FHA, VA 9 0.8% 100% $299,444
Originpoint, LLC
Conventional, FHA 7 0.6% 100% $347,857
A+5.0 ★Texas Ratio: 4.11%
Conventional 4 0.4% 100% $380,000 View
Neighborhood Loans, Inc
Conventional 3 0.3% 23.1% $8,333
Abbott Laboratories Employees Credit Union
Conventional 3 0.3% 100% $131,666
Compass Mortgage, Inc.
Conventional, FHA 3 0.3% 100% $438,333
Proper Rate, LLC
FHA 1 0.1% 100% $165,000
American Portfolio Mortgage Corporation
Conventional 1 0.1% 100% $275,000
Cmg Mortgage Inc
Conventional 1 0.1% 100% $755,000
Citizens Equity First Credit U
Conventional 1 0.1% 100% $415,000
A+5.0 ★Texas Ratio: 4.86%
HELOC 0
+1 HELOCs
0% n/a View
United Wholesale Mortgage
Conventional, FHA, VA, HELOC 147
+2 HELOCs
13.5% 87.7% $330,646
Rocket Mortgage
Conventional, FHA, VA 103 9.4% 89.8% $245,097
The Loan Store, Inc
Conventional, HELOC 68
+1 HELOCs
6.2% 98.6% $278,970
CrossCountry Mortgage, LLC
Conventional, FHA, VA, HELOC 37
+1 HELOCs
3.4% 92.5% $336,621
Fairway Independent Mort Corp
Conventional, FHA, HELOC 34
+1 HELOCs
3.1% 94.6% $247,058
loanDepot.com LLC
Conventional, FHA, VA, Jumbo 23 2.1% 82.1% $326,304
Nationstar Mortgage
Conventional, FHA, VA 23 2.1% 92.3% $186,739
Union Home Mortgage Corp.
Conventional, FHA, HELOC 18
+1 HELOCs
1.6% 90% $308,888
Towne Mortgage Company
Conventional, FHA 16 1.5% 100% $329,375
A+5.0 ★Texas Ratio: 4.11%
Conventional 13 1.2% 100% $263,461 View
Newrez LLC
Conventional, VA 13 1.2% 76.5% $180,384
Pennymac Loan Services LLC
Conventional, FHA 13 1.2% 86.7% $229,615
Greenstate Credit Union
Conventional, HELOC 12
+3 HELOCs
1.1% 92.9% $310,000
New American Funding, LLC.
Conventional 12 1.1% 92.3% $341,666
Guild Mortgage Company
Conventional 10 0.9% 100% $305,000
Polish & Slavic Federal Credit
Conventional 10 0.9% 100% $182,000
First Alliance Home Mortgage, LLC
Conventional 8 0.7% 100% $588,750
Select Lending Services, LLC
Conventional, USDA 8 0.7% 100% $258,750
American Pacific Mortgage Corporation
Conventional, VA 8 0.7% 88.9% $322,500
Lower, LLC
Conventional, VA 8 0.7% 88.9% $368,750
Nmsi, Inc.
Conventional 8 0.7% 100% $348,750
Freedom Mortgage Corporation
Conventional, FHA, VA 7 0.6% 61.5% $320,714
Plaza Home Mortgage, Inc
Conventional 7 0.6% 66.7% $295,000
Mld Mortgage, Inc.Dba the Money Store
Conventional, FHA 6 0.5% 100% $471,666
Amerisave Mortgage Company
Conventional, FHA 5 0.5% 27.8% $233,000
Provident Funding Associates
Conventional 5 0.5% 83.3% $443,000
Spring Eq, LLC
Conventional, HELOC 4
+5 HELOCs
0.4% 45.5% $87,500
A-5.0 ★Texas Ratio: 14.33%
Conventional, HELOC 4
+2 HELOCs
0.4% 50% $290,000 View
A5.0 ★Texas Ratio: 8.14%
Conventional, VA, HELOC 4
+2 HELOCs
0.4% 50% $235,000
Lakeview Loan Servicing, LLC
Conventional 4 0.4% 42.9% $420,000
A+5.0 ★Texas Ratio: 0.51%
Conventional 4 0.4% 57.1% $230,000 View
Village Capital & Investment
FHA, VA 4 0.4% 100% $370,000
Consumer Real Estate Finance Co DBA Society Mortgage
Conventional 3 0.3% 100% $228,333
Movement Mortgage, LLC
Conventional 3 0.3% 100% $281,666
Resicentral LLC
Conventional 3 0.3% 100% $328,333
Discover Bank
Conventional 3 0.3% 37.5% $105,000
New Wave Lending Group Inc
Conventional 3 0.3% 100% $441,666
Bay Equity LLC
Conventional 3 0.3% 100% $271,666
Uif Corporation
Conventional 3 0.3% 100% $541,666
Prosperity Home Mortgage, LLC
Conventional 3 0.3% 100% $395,000
A5.0 ★Texas Ratio: 11.97%
Conventional 3 0.3% 100% $431,666 View
A4.8 ★Texas Ratio: 2.45%
Conventional 3 0.3% 100% $345,000 View
Paramount Residential Mortgage
Conventional, FHA 3 0.3% 100% $425,000
Nexera Holding LLC
Conventional 3 0.3% 75% $305,000
A5.0 ★Texas Ratio: 12.35%
Conventional 3 0.3% 36.4% $68,333 View
Leaderone Financial Corp.
Conventional 3 0.3% 100% $228,333
Cornerstone First Mortgage, LLC
Conventional 2 0.2% 100% $305,000
Alameda Mortgage Corporation
Conventional, VA 2 0.2% 100% $265,000
Affordable Mortgage Advisors
Conventional 2 0.2% 100% $415,000
Sage Home Loans Corporation
Conventional 2 0.2% 66.7% $390,000
Nbkc Bank
Conventional 2 0.2% 100% $360,000
D3.3 ★Texas Ratio: 35.11%
Conventional 2 0.2% 66.7% $240,000 View
Guidance Residential, LLC
Conventional 2 0.2% 100% $415,000
AmeriHome Mortgage Company, LLC
Conventional 2 0.2% 66.7% $300,000
PHH Mortgage Corporation
Conventional 2 0.2% 50% $595,000
AML Funding LLC dba Absolute Mortgage & Lending
Conventional 2 0.2% 100% $400,000
Planet Home Lending, LLC
FHA 2 0.2% 100% $280,000
Waterstone Mortgage Corporation
Conventional 2 0.2% 100% $195,000
Mortgage Research Center
VA 2 0.2% 50% $460,000
Stockton Mortgage Corporation
Conventional 2 0.2% 100% $570,000
B-4.3 ★Texas Ratio: 23.12%
Conventional 2 0.2% 100% $320,000 View
A+5.0 ★Texas Ratio: 5.44%
Conventional, HELOC 1
+4 HELOCs
0.1% 100% $205,000 View
A+5.0 ★Texas Ratio: 2.32%
Conventional, HELOC 1
+3 HELOCs
0.1% 50% $85,000 View
Pentagon Federal Credit Union
Conventional, HELOC 1
+1 HELOCs
0.1% 100% $345,000
A+5.0 ★Texas Ratio: 3.32%
Conventional 1 0.1% 100% $235,000 View
American Financial Resources LLC
Conventional 1 0.1% 100% $395,000
Gold Star Mortgage Financial Group, Corporation
Conventional 1 0.1% 100% $215,000
All Credit Considered Mortgage, Inc.
Conventional 1 0.1% 100% $255,000
Brighton Bank
Conventional 1 0.1% 100% $205,000
Equity Prime Mortgage LLC
FHA 1 0.1% 100% $95,000
Loansteady LLC
Conventional 1 0.1% 100% $655,000
Synergy One Lending, Inc.
Conventional 1 0.1% 50% $325,000
AdvantageFirst Lending Inc
Conventional 1 0.1% 100% $765,000
General Mortgage Capital Corporation
Conventional 1 0.1% 100% $215,000
AmWest Funding Corp
Conventional 1 0.1% 100% $315,000
A+5.0 ★Texas Ratio: 5.05%
FHA 1 0.1% 100% $335,000 View
A+5.0 ★Texas Ratio: 3.66%
Conventional 1 0.1% 100% $355,000 View
Sun West Mortgage Company, Inc
FHA 1 0.1% 50% $265,000
A+5.0 ★Texas Ratio: 3.45%
Conventional 1 0.1% 100% $255,000 View
Flat Branch Mortgage, Inc.
FHA 1 0.1% 100% $175,000
First Colony Mortgage Corporat
Conventional 1 0.1% 100% $695,000
Point Mortgage Corp
Conventional 1 0.1% 50% $105,000
A+5.0 ★Texas Ratio: 0.22%
Conventional 1 0.1% 100% $485,000 View
A+5.0 ★Texas Ratio: 1.10%
Conventional 1 0.1% 50% $245,000 View
Nations Lending Corporation
Conventional 1 0.1% 100% $215,000
T2 Financial LLC
Conventional 1 0.1% 100% $345,000
Lendsure Mortgage Corp.
Conventional 1 0.1% 100% $235,000
Sierra Pacific Mortgage Co. Inc
Conventional 1 0.1% 100% $585,000
C3.9 ★Texas Ratio: 27.97%
Conventional 1 0.1% 100% $235,000 View
New Fed Mortgage Corp.
Conventional 1 0.1% 100% $245,000
Member First Mortgage, LLC
Conventional 1 0.1% 50% $355,000
Mission Loans, LLC
Conventional 1 0.1% 100% $55,000
Self Help Federal Credit Union
Conventional 1 0.1% 100% $325,000
Digital Federal Credit Union
Conventional 1 0.1% 100% $255,000
Pike Creek Mortgage Services, Inc.
Conventional 1 0.1% 50% $225,000
A-5.0 ★Texas Ratio: 14.93%
Conventional 1 0.1% 100% $195,000 View
RoundPoint Mortgage Servicing LLC
FHA 1 0.1% 100% $345,000
Citadel Servicing Corporation
Conventional 1 0.1% 100% $155,000
Nations Direct Mortgage, LLC
Conventional 1 0.1% 100% $235,000
Thrivent Federal Credit Union
Conventional 1 0.1% 100% $35,000
Summit Funding.Inc
FHA 1 0.1% 100% $365,000
A-5.0 ★Texas Ratio: 14.97%
FHA 1 0.1% 100% $465,000 View
DHI Mortgage Company, LTD.
Conventional 1 0.1% 100% $345,000
Champions Funding, LLC
Conventional 1 0.1% 100% $425,000
JMAC Lending, Inc.
Conventional 1 0.1% 100% $345,000
Figure Lending LLC
HELOC 0
+11 HELOCs
0% n/a
B4.5 ★Texas Ratio: 20.96%
HELOC 0
+10 HELOCs
0% n/a View
Lendage, LLC dba Achieve Loans
HELOC 0
+6 HELOCs
0% n/a
Fourleaf Federal Credit Union
HELOC 0
+1 HELOCs
0% n/a
Farmers Insurance Federal Credit Union
HELOC 0
+1 HELOCs
0% n/a
A+5.0 ★Texas Ratio: 5.37%
HELOC 0
+1 HELOCs
0% n/a View
Usalliance Federal Credit Union
HELOC 0
+1 HELOCs
0% n/a
HomeBridge Financial Services, Inc
HELOC 0
+1 HELOCs
0% n/a
Quorum Federal Credit Union
HELOC 0
+1 HELOCs
0% n/a
Everence Federal Credit Union
HELOC 0
+1 HELOCs
0% n/a
Northrop Grumman Federal Credit Union
HELOC 0
+1 HELOCs
0% n/a
Angel Oak Mortgage Solutions LLC
HELOC 0
+1 HELOCs
0% n/a
Lender counts and market shares come from 2025 federal HMDA loan data, the public record of mortgage applications and closings. Health grades: MonitorBankRates, rates as of Oct 8, 2026.

Mortgage Lenders and Mortgage Brokers Near Me in Schaumburg, Illinois

Looking for mortgage lenders near me or mortgage brokers near me in Schaumburg? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Schaumburg in 2025, with lenders based there listed first.

Types of Mortgage Lenders in Schaumburg, IL

Use these to narrow the list above. Each category shows how many Schaumburg, IL lenders fit and what that kind of lender is usually best for.

Who Lends in Schaumburg, IL

Independent mortgage companies closed 73.9 percent of home loans in Schaumburg, Illinois in 2025, banks 21.4 percent and credit unions 4.8 percent. Success Lending, LLC was the largest mortgage company, JPMorgan Chase Bank, NA the largest bank and Consumers Credit Union the largest credit union. Among lenders headquartered in Illinois, BMO Harris Bank NA led with 5 loans.

73.9%
Mortgage companies
21.4%
Banks
4.8%
Credit unions
7%
FHA loans
2%
VA 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 Schaumburg, IL

Who is the largest mortgage lender in Schaumburg, IL?

By home loans closed in 2025, JPMorgan Chase Bank, NA was the largest mortgage lender in Schaumburg, Illinois with 45 loans, about 4.1 percent of the market. The largest lender headquartered in Illinois was BMO Harris Bank NA with 5 loans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.

Which mortgage lenders in Schaumburg, IL have the highest approval rates?

Among lenders with meaningful volume in Schaumburg, Illinois, The Loan Store, Inc approved the highest share of completed applications in 2025 at 98.6 percent, against a 86.2 percent average for all lenders. Approval share reflects the applicants a lender attracts as much as its underwriting, so compare it alongside loan programs and median loan size. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.

Which Schaumburg, IL mortgage lenders offer FHA, VA and USDA loans?

31 lenders closed FHA loans in Schaumburg, Illinois in 2025, led by Rocket Mortgage with 12. 16 lenders closed VA loans, led by Rocket Mortgage, and 1 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.

Are credit unions and local banks included in this Schaumburg, IL lender list?

Yes. 53 banks and 25 credit unions closed home loans in Schaumburg, Illinois in 2025, alongside 97 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.

How are mortgage lenders in Schaumburg, IL ranked on this page?

Lenders are ranked only by the number of home loans they closed in Schaumburg, 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 Schaumburg, 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 Schaumburg. 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.