Mortgage Lenders and Brokers in South Beloit, 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
South Beloit, Illinois mortgage lenders include First Mid Bank and Trust, NAFirst Mid Bank and Trust, NA101 W Washington Ave, Altamont, IL 62411A+5.0 ★Texas Ratio: 3.88%, 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%, US Bank, N.A.US Bank, N.A.540 W Lake St, Addison, IL 60101A+5.0 ★Texas Ratio: 2.85%, Rock Valley Credit UnionRock Valley Credit Union1201 Clifford Ave, Loves Park, IL 61111A+5.0 ★Texas Ratio: 4.46%, JPMorgan Chase Bank, NAJPMorgan Chase Bank, NA600 W Lake St, Addison, IL 60101A+5.0 ★Texas Ratio: 3.68%, MembersAlliance Credit UnionMembersAlliance Credit Union5286 Nimtz Rd, Loves Park, IL 61111A+5.0 ★Texas Ratio: 3.08%, Cornerstone Credit UnionCornerstone Credit Union640 Blackhawk Blvd, South Beloit, IL 61080A5.0 ★Texas Ratio: 8.59%, BMO Harris Bank NABMO Harris Bank NA625 W Army Trail Blvd, Addison, IL 60101A+5.0 ★Texas Ratio: 3.54%, Associated Bank NAAssociated Bank NA104 Homer M Adams Pkwy, Alton, IL 62002A+5.0 ★Texas Ratio: 3.45%, and First Northern Credit UnionFirst Northern Credit Union230 W Monroe St, Chicago, IL 60606A+5.0 ★Texas Ratio: 4.14%. 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 South Beloit, Illinois in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in South Beloit 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 South Beloit, Illinois
Market share is the lender's share of all home loans closed in South Beloit, 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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101 W Washington Ave, Altamont, IL 62411 A+5.0 ★Texas Ratio: 3.88% |
Conventional, HELOC | 9 +3 HELOCs |
7.6% | 81.8% | $156,111 | View |
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233 W Northwest Hwy, Barrington, IL 60010 A+5.0 ★Texas Ratio: 2.20% |
Conventional, FHA | 5 | 4.2% | 100% | $179,000 | View |
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540 W Lake St, Addison, IL 60101 A+5.0 ★Texas Ratio: 2.85% |
Conventional | 4 | 3.4% | 66.7% | $87,500 | View |
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1201 Clifford Ave, Loves Park, IL 61111 A+5.0 ★Texas Ratio: 4.46% |
Conventional | 4 | 3.4% | 100% | $105,000 | View |
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600 W Lake St, Addison, IL 60101 A+5.0 ★Texas Ratio: 3.68% |
Conventional | 3 | 2.5% | 75% | $161,666 | View |
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5286 Nimtz Rd, Loves Park, IL 61111 A+5.0 ★Texas Ratio: 3.08% |
Conventional | 3 | 2.5% | 100% | $135,000 | View |
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640 Blackhawk Blvd, South Beloit, IL 61080 A5.0 ★Texas Ratio: 8.59% |
Conventional | 3 | 2.5% | 75% | $55,000 | View |
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625 W Army Trail Blvd, Addison, IL 60101 A+5.0 ★Texas Ratio: 3.54% |
Conventional, HELOC | 2 +7 HELOCs |
1.7% | 100% | $100,000 | View |
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104 Homer M Adams Pkwy, Alton, IL 62002 A+5.0 ★Texas Ratio: 3.45% |
Conventional, HELOC | 2 +2 HELOCs |
1.7% | 100% | $145,000 | View |
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230 W Monroe St, Chicago, IL 60606 A+5.0 ★Texas Ratio: 4.14% |
Conventional | 2 | 1.7% | 75% | $105,000 | View |
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★ 1.7 stars, 3 reviews 791 S Randall Rd, Algonquin, IL 60102 A+5.0 ★Texas Ratio: 4.24% |
Conventional, HELOC | 1 +2 HELOCs |
0.8% | 100% | $235,000 | View |
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951 Dixie Hwy, Beecher, IL 60401 A5.0 ★Texas Ratio: 9.50% |
Conventional, HELOC | 1 +1 HELOCs |
0.8% | 100% | $135,000 | View |
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200 N Walnut St, Byron, IL 61010 A5.0 ★Texas Ratio: 10.13% |
Conventional | 1 | 0.8% | 100% | $145,000 | View |
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100 Il Route 75 E, Davis, IL 61019 A5.0 ★Texas Ratio: 9.91% |
Conventional | 1 | 0.8% | 100% | $75,000 | View |
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224 N Galena Ave, Dixon, IL 61021 A5.0 ★Texas Ratio: 7.96% |
Conventional | 1 | 0.8% | 100% | $115,000 | View |
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1408 Airport Rd, Bloomington, IL 61704 2566 A+5.0 ★Texas Ratio: 3.66% |
Conventional | 1 | 0.8% | 100% | $65,000 | View |
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123 E Knoxville St, Brimfield, IL 61517 A+5.0 ★Texas Ratio: 5.41% |
Conventional | 1 | 0.8% | 100% | $25,000 | View |
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777 W Army Trail Blvd, Addison, IL 60101 A+5.0 ★Texas Ratio: 3.22% |
HELOC | 0 +1 HELOCs |
0% | 0% | View | |
Guaranteed Rate, Inc.
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FHA, HELOC | 2 +1 HELOCs |
1.7% | 100% | $210,000 | |
Cmg Mortgage Inc
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FHA | 1 | 0.8% | 100% | $275,000 | |
Greenstate Credit Union
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Conventional, FHA, VA | 18 | 15.3% | 100% | $190,555 | |
Rocket Mortgage
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Conventional, FHA | 8 | 6.8% | 88.9% | $120,000 | |
First Community Credit Union of Beloit
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Conventional | 6 | 5.1% | 85.7% | $91,666 | |
First National Bank and Trust
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Conventional | 6 | 5.1% | 87.5% | $121,666 | |
Envoy Mortgage, Ltd
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Conventional | 3 | 2.5% | 75% | $181,666 | |
Guild Mortgage Company
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Conventional, FHA | 3 | 2.5% | 100% | $205,000 | |
Mortgage Research Center
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VA | 3 | 2.5% | 75% | $205,000 | |
United Wholesale Mortgage
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FHA, VA | 2 | 1.7% | 100% | $280,000 | |
CrossCountry Mortgage, LLC
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Conventional | 2 | 1.7% | 100% | $120,000 | |
loanDepot.com LLC
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Conventional | 2 | 1.7% | 100% | $65,000 | |
Uw Credit Union
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Conventional | 2 | 1.7% | 100% | $255,000 | |
Educators Credit Union
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Conventional | 2 | 1.7% | 100% | $180,000 | |
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A5.0 ★Texas Ratio: 8.14% |
Conventional, VA | 2 | 1.7% | 100% | $150,000 | |
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A5.0 ★Texas Ratio: 9.85% |
Conventional | 1 | 0.8% | 100% | $55,000 | View |
Newrez LLC
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Conventional | 1 | 0.8% | 100% | $75,000 | |
Resicentral LLC
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Conventional | 1 | 0.8% | 100% | $185,000 | |
Pennymac Loan Services LLC
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Conventional | 1 | 0.8% | 100% | $55,000 | |
Amerisave Mortgage Company
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Conventional | 1 | 0.8% | 50% | $75,000 | |
Educated Mortgage Services LLC
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Conventional | 1 | 0.8% | 100% | $285,000 | |
American Financing Corporation
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FHA | 1 | 0.8% | 50% | $115,000 | |
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B-3.5 ★Texas Ratio: 6.80% |
VA | 1 | 0.8% | 100% | $175,000 | View |
Mortgage Center LC
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Conventional | 1 | 0.8% | 33.3% | $165,000 | |
New American Funding, LLC.
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Conventional | 1 | 0.8% | 100% | $195,000 | |
Fairway Independent Mort Corp
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Conventional | 1 | 0.8% | 33.3% | $175,000 | |
21St Mortgage
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Conventional | 1 | 0.8% | 100% | $55,000 | |
Advia Credit Union
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HELOC | 0 +13 HELOCs |
0% | n/a | ||
Figure Lending LLC
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HELOC | 0 +5 HELOCs |
0% | n/a | ||
Blackhawk Community Credit Uni
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HELOC | 0 +2 HELOCs |
0% | n/a | ||
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B4.5 ★Texas Ratio: 20.96% |
HELOC | 0 +2 HELOCs |
0% | n/a | View | |
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A+5.0 ★Texas Ratio: 2.32% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Lendage, LLC dba Achieve Loans
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HELOC | 0 +1 HELOCs |
0% | n/a |
South Beloit 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 South Beloit, Illinois
Looking for mortgage lenders near me or mortgage brokers near me in South Beloit? The list below shows the banks, credit unions and mortgage brokers that closed home loans in South Beloit in 2025, with lenders based there listed first.
Types of Mortgage Lenders in South Beloit, IL
Use these to narrow the list above. Each category shows how many South Beloit, IL lenders fit and what that kind of lender is usually best for.
Who Lends in South Beloit, IL
Independent mortgage companies closed 29.7 percent of home loans in South Beloit, Illinois in 2025, banks 33.1 percent and credit unions 37.3 percent. Guaranteed Rate, Inc. was the largest mortgage company, First Mid Bank and Trust, NA the largest bank and Rock Valley Credit Union the largest credit union. Among lenders headquartered in Illinois, First Mid Bank and Trust, NA led with 9 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 South Beloit, IL
By home loans closed in 2025, First Mid Bank and Trust, NA was the largest mortgage lender in South Beloit, Illinois with 9 loans, about 7.6 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
8 lenders closed FHA loans in South Beloit, Illinois in 2025, led by Barrington Bank & Trust Company, N.A. with 2. 5 lenders closed VA loans, led by Mortgage Research Center. 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. 18 banks and 13 credit unions closed home loans in South Beloit, Illinois in 2025, alongside 20 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 South Beloit, 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 South Beloit, 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 South Beloit. 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.
