Mortgage Lenders and Brokers in South Elgin, 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 Elgin, Illinois mortgage lenders include JPMorgan Chase Bank, NAJPMorgan Chase Bank, NA536 Randall Rd, South Elgin, IL 60177A+5.0 ★Texas Ratio: 3.68%, First American BankFirst American Bank632 Randall Rd, South Elgin, IL 60177A+5.0 ★Texas Ratio: 2.93%, Old Second National BankOld Second National Bank1870 Stearns Rd, South Elgin, IL 60177A5.0 ★Texas Ratio: 6.17%, BMO Harris Bank NABMO Harris Bank NA473 Redington Dr, South Elgin, IL 60177A+5.0 ★Texas Ratio: 3.54%, Fifth Third Bank, National AssociationFifth Third Bank, National Association460 Randall Rd, South Elgin, IL 60177A+5.0 ★Texas Ratio: 3.22%, Associated Bank NAAssociated Bank NA300 N Mclean Blvd, South Elgin, IL 60177A+5.0 ★Texas Ratio: 3.45%, Consumers Credit UnionConsumers Credit Union121 S MCLEAN BLVD, SOUTH ELGIN, IL 60177A5.0 ★Texas Ratio: 6.15%, The Federal Savings BankThe Federal Savings Bank4000 W Diversey Ave, Chicago, IL 60639B+4.8 ★Texas Ratio: 16.98%, 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%, and Huntington National BankHuntington National Bank103 S Randall Rd, Algonquin, IL 60102A+5.0 ★Texas Ratio: 3.66%. 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 Elgin, Illinois in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in South Elgin 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 Elgin, Illinois
Market share is the lender's share of all home loans closed in South Elgin, 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 South Elgin 536 Randall Rd, South Elgin, IL 60177 A+5.0 ★Texas Ratio: 3.68% |
Conventional, FHA, Jumbo, HELOC | 18 +4 HELOCs |
4.3% | 87% | $409,444 | View |
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1 office in South Elgin 632 Randall Rd, South Elgin, IL 60177 A+5.0 ★Texas Ratio: 2.93% |
Conventional, Jumbo, HELOC | 5 +13 HELOCs |
1.2% | 83.3% | $645,000 | View |
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1 office in South Elgin 1870 Stearns Rd, South Elgin, IL 60177 A5.0 ★Texas Ratio: 6.17% |
Conventional, HELOC | 4 +5 HELOCs |
0.9% | 100% | $440,000 | View |
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1 office in South Elgin 473 Redington Dr, South Elgin, IL 60177 A+5.0 ★Texas Ratio: 3.54% |
Conventional, HELOC | 1 +14 HELOCs |
0.2% | 33.3% | $495,000 | View |
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1 office in South Elgin 460 Randall Rd, South Elgin, IL 60177 A+5.0 ★Texas Ratio: 3.22% |
FHA, HELOC | 1 +9 HELOCs |
0.2% | 50% | $295,000 | View |
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1 office in South Elgin 300 N Mclean Blvd, South Elgin, IL 60177 A+5.0 ★Texas Ratio: 3.45% |
Conventional, HELOC | 1 +5 HELOCs |
0.2% | 50% | $325,000 | View |
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121 S MCLEAN BLVD, SOUTH ELGIN, IL 60177 A5.0 ★Texas Ratio: 6.15% |
Conventional, HELOC | 8 +19 HELOCs |
1.9% | 100% | $151,250 | View |
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4000 W Diversey Ave, Chicago, IL 60639 B+4.8 ★Texas Ratio: 16.98% |
Conventional, VA | 7 | 1.7% | 100% | $282,142 | View |
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233 W Northwest Hwy, Barrington, IL 60010 A+5.0 ★Texas Ratio: 2.20% |
Conventional | 4 | 0.9% | 80% | $475,000 | View |
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103 S Randall Rd, Algonquin, IL 60102 A+5.0 ★Texas Ratio: 3.66% |
Conventional, VA, Jumbo, HELOC | 3 +6 HELOCs |
0.7% | 100% | $491,666 | View |
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540 W Lake St, Addison, IL 60101 A+5.0 ★Texas Ratio: 2.85% |
Conventional, Jumbo, HELOC | 3 +3 HELOCs |
0.7% | 60% | $908,333 | View |
First State Mortgage Services
825 N Randall Rd, Batavia, IL 60510 |
Conventional | 3 | 0.7% | 100% | $318,333 | |
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245 N Main St, Canton, IL 61520 A+5.0 ★Texas Ratio: 5.36% |
Conventional | 3 | 0.7% | 100% | $328,333 | View |
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2287 W Galena Blvd, Aurora, IL 60506 A+5.0 ★Texas Ratio: 5.27% |
Conventional | 3 | 0.7% | 100% | $321,666 | View |
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1801 E Empire St, Bloomington, IL 61704 A5.0 ★Texas Ratio: 8.91% |
Conventional | 3 | 0.7% | 100% | $318,333 | View |
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850 W Algonquin Rd, Arlington Heights, IL 60005 A+5.0 ★Texas Ratio: 4.14% |
Conventional, Jumbo, HELOC | 2 +5 HELOCs |
0.5% | 100% | $630,000 | View |
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725 Ogden Ave, Downers Grove, IL 60515 2915 A+5.0 ★Texas Ratio: 3.55% |
Conventional, HELOC | 2 +3 HELOCs |
0.5% | 100% | $275,000 | View |
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3060 W Sand Lake Rd, Lindenhurst, IL 60046 A+5.0 ★Texas Ratio: 3.87% |
Conventional | 2 | 0.5% | 100% | $500,000 | View |
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1450 Maple Ave, Lisle, IL 60532 A+5.0 ★Texas Ratio: 2.09% |
Conventional | 2 | 0.5% | 100% | $245,000 | View |
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85 W Algonquin Rd, Arlington Heights, IL 60005 A5.0 ★Texas Ratio: 6.61% |
Conventional | 2 | 0.5% | 100% | $355,000 | View |
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1747 W North Ave, Chicago, IL 60622 A5.0 ★Texas Ratio: 8.69% |
Conventional | 2 | 0.5% | 100% | $255,000 | View |
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302 E Army Trail Rd, Bloomingdale, IL 60108 A+5.0 ★Texas Ratio: 4.49% |
Conventional | 2 | 0.5% | 100% | $460,000 | View |
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111 E Main St, Amboy, IL 61310 A5.0 ★Texas Ratio: 8.80% |
Conventional | 2 | 0.5% | 100% | $315,000 | View |
Homeland Mortgage Company
305 N 48th St, Quincy, IL 62305 |
Conventional | 2 | 0.5% | 100% | $450,000 | |
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11900 S Pulaski Rd, Alsip, IL 60803 A+5.0 ★Texas Ratio: 4.98% |
Conventional, Jumbo, HELOC | 1 +1 HELOCs |
0.2% | 100% | $1,125,000 | View |
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1725 S State St, Belvidere, IL 61008 A+5.0 ★Texas Ratio: 4.82% |
Conventional, HELOC | 1 +1 HELOCs |
0.2% | 100% | $465,000 | View |
Credit Union 1
750 S Halsted St Rm 220C, Chicago, IL 60607 7008 |
Conventional | 1 | 0.2% | 33.3% | $55,000 | |
Corporate America Family CU
830 E Kensington Rd, Arlington Heights, IL 60004 |
Conventional | 1 | 0.2% | 100% | $35,000 | |
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249 S River Rd, Des Plaines, IL 60016 A+5.0 ★Texas Ratio: 5.30% |
Conventional | 1 | 0.2% | 100% | $325,000 | View |
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1200 Lakeside Dr, Bannockburn, IL 60015 A5.0 ★Texas Ratio: 6.31% |
Conventional | 1 | 0.2% | 33.3% | $235,000 | View |
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2392 N Milwaukee Ave, Chicago, IL 60647 A+5.0 ★Texas Ratio: 0.10% |
Conventional | 1 | 0.2% | 100% | $435,000 | View |
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8 S Main St, Elburn, IL 60119 A5.0 ★Texas Ratio: 7.06% |
Conventional | 1 | 0.2% | 100% | $805,000 | 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 +11 HELOCs |
0% | n/a | View | |
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4415 Martin Luther King Dr, Alton, IL 62002 A+5.0 ★Texas Ratio: 2.31% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Guaranteed Rate, Inc.
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Conventional, FHA, Jumbo, HELOC | 17 +3 HELOCs |
4% | 89.5% | $353,235 | |
Mutual of Omaha Mortgage
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Conventional, FHA, VA | 7 | 1.7% | 100% | $315,000 | |
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A+5.0 ★Texas Ratio: 4.81% |
Conventional | 7 | 1.7% | 100% | $350,714 | View |
Guaranteed Rate Affinity, LLC
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Conventional, VA | 5 | 1.2% | 100% | $521,000 | |
Compass Mortgage, Inc.
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Conventional | 4 | 0.9% | 100% | $392,500 | |
Originpoint, LLC
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Conventional | 2 | 0.5% | 100% | $475,000 | |
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A+5.0 ★Texas Ratio: 0.00% |
Conventional | 1 | 0.2% | 100% | $25,000 | View |
Crown Mortgage Company
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Conventional | 1 | 0.2% | 100% | $325,000 | |
United Wholesale Mortgage
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Conventional, FHA, VA, HELOC | 42 +2 HELOCs |
10% | 93.3% | $390,952 | |
Rocket Mortgage
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Conventional, FHA, VA | 28 | 6.6% | 82.9% | $279,642 | |
CrossCountry Mortgage, LLC
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Conventional, FHA, VA, HELOC | 20 +1 HELOCs |
4.7% | 95.2% | $368,500 | |
loanDepot.com LLC
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Conventional, FHA, VA | 13 | 3.1% | 86.7% | $287,307 | |
Fairway Independent Mort Corp
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Conventional, FHA | 11 | 2.6% | 91.7% | $375,000 | |
Greenstate Credit Union
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Conventional, HELOC | 9 +3 HELOCs |
2.1% | 100% | $286,111 | |
Guild Mortgage Company
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Conventional, FHA | 9 | 2.1% | 90% | $330,555 | |
Union Home Mortgage Corp.
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Conventional, FHA, Jumbo | 8 | 1.9% | 88.9% | $572,500 | |
American Pacific Mortgage Corporation
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Conventional, FHA | 7 | 1.7% | 100% | $403,571 | |
Nationstar Mortgage
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Conventional, FHA | 7 | 1.7% | 70% | $202,142 | |
New American Funding, LLC.
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Conventional, HELOC | 6 +1 HELOCs |
1.4% | 66.7% | $278,333 | |
Pennymac Loan Services LLC
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Conventional, FHA | 6 | 1.4% | 75% | $308,333 | |
Towne Mortgage Company
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Conventional, FHA | 6 | 1.4% | 100% | $383,333 | |
Lower, LLC
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Conventional | 6 | 1.4% | 100% | $368,333 | |
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A5.0 ★Texas Ratio: 8.14% |
Conventional, VA, HELOC | 5 +1 HELOCs |
1.2% | 83.3% | $271,000 | |
Freedom Mortgage Corporation
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Conventional, FHA, VA | 5 | 1.2% | 83.3% | $275,000 | |
Mortgage Research Center
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VA | 5 | 1.2% | 71.4% | $323,000 | |
The Loan Store, Inc
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Conventional, HELOC | 4 +1 HELOCs |
0.9% | 100% | $315,000 | |
Stockton Mortgage Corporation
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Conventional | 4 | 0.9% | 100% | $462,500 | |
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A+5.0 ★Texas Ratio: 0.51% |
Conventional | 4 | 0.9% | 80% | $150,000 | View |
Plaza Home Mortgage, Inc
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Conventional, FHA, VA | 4 | 0.9% | 100% | $325,000 | |
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A+5.0 ★Texas Ratio: 4.11% |
Conventional | 3 | 0.7% | 100% | $381,666 | View |
Newrez LLC
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Conventional | 3 | 0.7% | 50% | $105,000 | |
Resicentral LLC
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Conventional | 3 | 0.7% | 100% | $261,666 | |
Point Mortgage Corp
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Conventional, FHA | 3 | 0.7% | 100% | $458,333 | |
Mld Mortgage, Inc.Dba the Money Store
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Conventional | 3 | 0.7% | 100% | $331,666 | |
Village Capital & Investment
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FHA, VA | 3 | 0.7% | 75% | $445,000 | |
Spring Eq, LLC
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Conventional, HELOC | 2 +1 HELOCs |
0.5% | 28.6% | $85,000 | |
Premier Mortgage Resources, LLC
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Conventional, FHA | 2 | 0.5% | 100% | $110,000 | |
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A5.0 ★Texas Ratio: 11.06% |
Conventional | 2 | 0.5% | 100% | $215,000 | View |
Nbkc Bank
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Conventional | 2 | 0.5% | 100% | $495,000 | |
AmeriHome Mortgage Company, LLC
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Conventional | 2 | 0.5% | 100% | $215,000 | |
Amerisave Mortgage Company
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Conventional | 2 | 0.5% | 60% | $215,000 | |
Stg Mortgage Inc
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Conventional | 2 | 0.5% | 100% | $345,000 | |
Sierra Pacific Mortgage Co. Inc
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Conventional | 2 | 0.5% | 100% | $355,000 | |
Prosperity Home Mortgage, LLC
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Conventional | 2 | 0.5% | 100% | $670,000 | |
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A5.0 ★Texas Ratio: 12.35% |
Conventional, FHA | 2 | 0.5% | 50% | $195,000 | View |
Leaderone Financial Corp.
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Conventional | 2 | 0.5% | 100% | $445,000 | |
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A+5.0 ★Texas Ratio: 2.32% |
Conventional, HELOC | 1 +4 HELOCs |
0.2% | 100% | $155,000 | View |
Usalliance Federal Credit Union
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Conventional, HELOC | 1 +1 HELOCs |
0.2% | 100% | $55,000 | |
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A5.0 ★Texas Ratio: 8.01% |
Conventional | 1 | 0.2% | 100% | $345,000 | View |
Ruoff Mortgage Company
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Conventional | 1 | 0.2% | 100% | $665,000 | |
Cornerstone First Mortgage, LLC
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Conventional | 1 | 0.2% | 100% | $95,000 | |
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A+5.0 ★Texas Ratio: 0.14% |
Conventional | 1 | 0.2% | 100% | $415,000 | View |
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A-4.9 ★Texas Ratio: 16.48% |
VA | 1 | 0.2% | 100% | $685,000 | View |
Affordable Mortgage Advisors
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Conventional | 1 | 0.2% | 100% | $195,000 | |
Lakeview Loan Servicing, LLC
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Conventional | 1 | 0.2% | 28.6% | $445,000 | |
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A+5.0 ★Texas Ratio: 5.29% |
Conventional, Jumbo | 1 | 0.2% | 100% | $1,295,000 | View |
Oaktree Funding Corp
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Conventional | 1 | 0.2% | 100% | $305,000 | |
Emporium Tpo LLC
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Conventional | 1 | 0.2% | 100% | $405,000 | |
American Financial Network, Inc.
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Conventional | 1 | 0.2% | 100% | $245,000 | |
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A+5.0 ★Texas Ratio: 5.05% |
Conventional | 1 | 0.2% | 100% | $305,000 | View |
Success Mortgage Partners, Inc
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FHA | 1 | 0.2% | 100% | $275,000 | |
Discover Bank
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Conventional | 1 | 0.2% | 25% | $145,000 | |
Click n' Close, Inc.
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FHA | 1 | 0.2% | 100% | $315,000 | |
Bay Equity LLC
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Conventional | 1 | 0.2% | 100% | $335,000 | |
First Colony Mortgage Corporat
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Conventional | 1 | 0.2% | 100% | $225,000 | |
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A+5.0 ★Texas Ratio: 0.41% |
Conventional | 1 | 0.2% | 100% | $245,000 | View |
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B-3.5 ★Texas Ratio: 6.80% |
VA | 1 | 0.2% | 100% | $665,000 | View |
Provident Funding Associates
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Conventional | 1 | 0.2% | 100% | $565,000 | |
Nations Lending Corporation
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FHA | 1 | 0.2% | 100% | $365,000 | |
First Eagle Federal Credit Un
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Conventional | 1 | 0.2% | 100% | $45,000 | |
Saygo Home Loans, LLC
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Conventional | 1 | 0.2% | 100% | $635,000 | |
V.I.P. Mortgage, Inc.
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Conventional | 1 | 0.2% | 100% | $165,000 | |
Endeavor Capital, LLC
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Conventional | 1 | 0.2% | 100% | $195,000 | |
Nations Direct Mortgage, LLC
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Conventional | 1 | 0.2% | 50% | $85,000 | |
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A5.0 ★Texas Ratio: 10.43% |
Conventional | 1 | 0.2% | 100% | $295,000 | View |
Summit Funding.Inc
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Conventional | 1 | 0.2% | 100% | $275,000 | |
Zillow Home Loans, LLC
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Conventional | 1 | 0.2% | 100% | $585,000 | |
Northrop Grumman Federal Credit Union
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Conventional | 1 | 0.2% | 100% | $205,000 | |
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A4.8 ★Texas Ratio: 2.45% |
Conventional | 1 | 0.2% | 100% | $515,000 | View |
Polish & Slavic Federal Credit
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Conventional | 1 | 0.2% | 100% | $65,000 | |
The Mortgage Link, Inc.
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Conventional | 1 | 0.2% | 100% | $175,000 | |
American Neighborhood Mortgage Acceptance Company
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VA | 1 | 0.2% | 100% | $515,000 | |
Figure Lending LLC
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HELOC | 0 +6 HELOCs |
0% | n/a | ||
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B4.5 ★Texas Ratio: 20.96% |
HELOC | 0 +5 HELOCs |
0% | n/a | View | |
Valon Mortgage
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HELOC | 0 +4 HELOCs |
0% | n/a | ||
Lendage, LLC dba Achieve Loans
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HELOC | 0 +3 HELOCs |
0% | n/a | ||
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A-5.0 ★Texas Ratio: 14.33% |
HELOC | 0 +2 HELOCs |
0% | n/a | View | |
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A+5.0 ★Texas Ratio: 5.44% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Uw Credit Union
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
Corning Credit Union
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
Boeing Employees' Credit Union
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HELOC | 0 +1 HELOCs |
0% | n/a |
South Elgin 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 Elgin, Illinois
Looking for mortgage lenders near me or mortgage brokers near me in South Elgin? The list below shows the banks, credit unions and mortgage brokers that closed home loans in South Elgin in 2025, with lenders based there listed first.
Types of Mortgage Lenders in South Elgin, IL
Use these to narrow the list above. Each category shows how many South Elgin, IL lenders fit and what that kind of lender is usually best for.
Who Lends in South Elgin, IL
Independent mortgage companies closed 70.1 percent of home loans in South Elgin, Illinois in 2025, banks 21.8 percent and credit unions 8.1 percent. Homeland Mortgage Company 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, First American Bank led with 5 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 Elgin, IL
By home loans closed in 2025, JPMorgan Chase Bank, NA was the largest mortgage lender in South Elgin, Illinois with 18 loans, about 4.3 percent of the market. The largest lender headquartered in Illinois was First American Bank with 5 loans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
24 lenders closed FHA loans in South Elgin, Illinois in 2025, led by United Wholesale Mortgage with 7. 16 lenders closed VA loans, led by United Wholesale Mortgage. 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. 40 banks and 16 credit unions closed home loans in South Elgin, Illinois in 2025, alongside 69 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 Elgin, 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 Elgin, 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 Elgin. 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.
