Mortgage Lenders and Brokers in Springfield, Illinois
Brian McKay
|
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.
|
✓Fact Checked
|
Loan Rates Last Updated and Verified: October 7, 2026
Springfield, Illinois mortgage lenders include Inb, National AssociationInb, National Association3150 Wabash Ave, Springfield, IL 62704A5.0 ★Texas Ratio: 9.74%, Bank of SpringfieldBank of Springfield2600 Stevenson Dr, Springfield, IL 62703A5.0 ★Texas Ratio: 13.68%, Alliance Community BankAlliance Community BankRoute 29 And Andrew Road, Springfield, IL 62707A+5.0 ★Texas Ratio: 3.93%, United Community BankUnited Community Bank120 Chatham Rd, Springfield, IL 62704A+5.0 ★Texas Ratio: 2.53%, Security BankSecurity Bank2500 Stevenson Dr, Springfield, IL 62703A+5.0 ★Texas Ratio: 0.96%, Heartland Bank & Trust CompanyHeartland Bank & Trust Company2601 N Dirksen Pkwy, Springfield, IL 62702A+5.0 ★Texas Ratio: 0.84%, Morton Community BankMorton Community Bank2136 E Cook St, Springfield, IL 62703A+5.0 ★Texas Ratio: 5.85%, PNC Bank N.A.PNC Bank N.A.1949 E Sangamon Ave, Springfield, IL 62702A+5.0 ★Texas Ratio: 4.24%, Warren Boynton State BankWarren Boynton State Bank3030 Spring Mill Dr, Springfield, IL 62704A+5.0 ★Texas Ratio: 2.61%, and Carrollton BankCarrollton Bank2135 Wabash Ave, Springfield, IL 62704A+5.0 ★Texas Ratio: 3.58%. 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 Springfield, Illinois in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Springfield 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 Springfield, Illinois
Market share is the lender's share of all home loans closed in Springfield, 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 |
|---|---|---|---|---|---|---|
|
4 offices in Springfield 3150 Wabash Ave, Springfield, IL 62704 A5.0 ★Texas Ratio: 9.74% |
Conventional, FHA, VA | 286 | 13.7% | 96.3% | $196,083 | View |
|
3 offices in Springfield 2600 Stevenson Dr, Springfield, IL 62703 A5.0 ★Texas Ratio: 13.68% |
Conventional, FHA, VA, Jumbo | 231 | 11.1% | 95.1% | $215,389 | View |
|
2 offices in Springfield Route 29 And Andrew Road, Springfield, IL 62707 A+5.0 ★Texas Ratio: 3.93% |
Conventional | 121 | 5.8% | 97.6% | $125,743 | View |
|
6 offices in Springfield 120 Chatham Rd, Springfield, IL 62704 A+5.0 ★Texas Ratio: 2.53% |
Conventional, VA, Jumbo, HELOC | 101 +41 HELOCs |
4.8% | 87.8% | $138,267 | View |
|
2 offices in Springfield 2500 Stevenson Dr, Springfield, IL 62703 A+5.0 ★Texas Ratio: 0.96% |
Conventional | 69 | 3.3% | 93.5% | $131,811 | View |
|
3 offices in Springfield 2601 N Dirksen Pkwy, Springfield, IL 62702 A+5.0 ★Texas Ratio: 0.84% |
Conventional, FHA, VA, HELOC | 64 +31 HELOCs |
3.1% | 94.5% | $142,812 | View |
|
5 offices in Springfield 2136 E Cook St, Springfield, IL 62703 A+5.0 ★Texas Ratio: 5.85% |
Conventional, HELOC | 50 +54 HELOCs |
2.4% | 86.7% | $151,800 | View |
|
★ 1.7 stars, 3 reviews 4 offices in Springfield 1949 E Sangamon Ave, Springfield, IL 62702 A+5.0 ★Texas Ratio: 4.24% |
Conventional, FHA, VA, HELOC | 48 +35 HELOCs |
2.3% | 87.9% | $171,458 | View |
|
1 office in Springfield 3030 Spring Mill Dr, Springfield, IL 62704 A+5.0 ★Texas Ratio: 2.61% |
Conventional | 38 | 1.8% | 100% | $188,947 | View |
|
1 office in Springfield 2135 Wabash Ave, Springfield, IL 62704 A+5.0 ★Texas Ratio: 3.58% |
Conventional, HELOC | 33 +11 HELOCs |
1.6% | 100% | $198,333 | View |
|
1 office in Springfield 3131 Wabash Ave, Springfield, IL 62704 A+5.0 ★Texas Ratio: 1.00% |
Conventional | 29 | 1.4% | 90.6% | $250,517 | View |
|
2 offices in Springfield 531 E Washington St, Springfield, IL 62701 A+5.0 ★Texas Ratio: 3.68% |
Conventional, FHA, HELOC | 27 +3 HELOCs |
1.3% | 81.8% | $155,370 | View |
|
4 offices in Springfield 205 S 5th St, Springfield, IL 62701 A+5.0 ★Texas Ratio: 2.85% |
Conventional, FHA, HELOC | 23 +14 HELOCs |
1.1% | 67.6% | $158,913 | View |
|
1 office in Springfield 3600 Wabash Ave, Springfield, IL 62711 A-4.9 ★Texas Ratio: 16.10% |
Conventional | 23 | 1.1% | 100% | $189,782 | View |
|
2 offices in Springfield 3751 Wabash Ave, Springfield, IL 62711 A+5.0 ★Texas Ratio: 2.86% |
Conventional | 21 | 1% | 91.3% | $275,952 | View |
|
1 office in Springfield 111 S Durkin Dr, Springfield, IL 62704 A+5.0 ★Texas Ratio: 4.37% |
Conventional, FHA, HELOC | 6 +6 HELOCs |
0.3% | 44.4% | $160,000 | View |
|
730 Engineering Ave, Springfield, IL 62703 A+5.0 ★Texas Ratio: 0.03% |
Conventional | 4 | 0.2% | 100% | $125,000 | View |
|
1 office in Springfield 2201 Wabash Ave, Springfield, IL 62704 A5.0 ★Texas Ratio: 10.75% |
Conventional | 1 | 0% | 100% | $265,000 | View |
|
900 W Main St, Carlinville, IL 62626 A+5.0 ★Texas Ratio: 2.47% |
Conventional | 23 | 1.1% | 100% | $133,260 | View |
Williamsville State Bank & Trust
3341 Old Jacksonville Rd, Springfield, IL 62711 |
Conventional | 19 | 0.9% | 95.8% | $98,157 | |
|
1309 Swanwick St, Chester, IL 62233 A+5.0 ★Texas Ratio: 2.34% |
Conventional | 7 | 0.3% | 100% | $172,142 | View |
Credit Union 1
2464 Wabash Ave, Springfield, IL 62704 |
Conventional, HELOC | 6 +3 HELOCs |
0.3% | 87.5% | $111,666 | |
|
300 Washington St, Beardstown, IL 62618 A+5.0 ★Texas Ratio: 1.02% |
Conventional | 6 | 0.3% | 85.7% | $131,666 | View |
|
245 N Main St, Canton, IL 61520 A+5.0 ★Texas Ratio: 5.36% |
Conventional, VA | 5 | 0.2% | 50% | $295,000 | View |
|
233 W Northwest Hwy, Barrington, IL 60010 A+5.0 ★Texas Ratio: 2.20% |
Conventional, VA | 5 | 0.2% | 100% | $277,000 | View |
Longview Community Bank
100 E Olive St, Chestnut, IL 62518 |
Conventional | 3 | 0.1% | 100% | $255,000 | |
|
3553 College Ave, Alton, IL 62002 A5.0 ★Texas Ratio: 11.80% |
Conventional | 3 | 0.1% | 75% | $41,666 | View |
|
777 W Army Trail Blvd, Addison, IL 60101 A+5.0 ★Texas Ratio: 3.22% |
Conventional, HELOC | 2 +2 HELOCs |
0.1% | 66.7% | $260,000 | View |
|
103 S Randall Rd, Algonquin, IL 60102 A+5.0 ★Texas Ratio: 3.66% |
Conventional, HELOC | 2 +1 HELOCs |
0.1% | 100% | $330,000 | View |
|
850 W Algonquin Rd, Arlington Heights, IL 60005 A+5.0 ★Texas Ratio: 4.14% |
Conventional | 2 | 0.1% | 100% | $205,000 | View |
|
1711 General Electric Rd, Bloomington, IL 61704 2286 A+5.0 ★Texas Ratio: 1.90% |
Conventional | 2 | 0.1% | 100% | $245,000 | View |
First State Mortgage Services
825 N Randall Rd, Batavia, IL 60510 |
Conventional | 2 | 0.1% | 50% | $355,000 | |
|
101 W Washington Ave, Altamont, IL 62411 A+5.0 ★Texas Ratio: 3.88% |
Conventional | 2 | 0.1% | 100% | $220,000 | View |
|
26 Farragut Avenue, Great Lakes, IL 60088 A+5.0 ★Texas Ratio: 4.81% |
Conventional, VA | 2 | 0.1% | 100% | $195,000 | View |
|
400 Public Sq, Benton, IL 62812 A+5.0 ★Texas Ratio: 3.47% |
Conventional, FHA | 2 | 0.1% | 100% | $120,000 | View |
|
4000 W Diversey Ave, Chicago, IL 60639 B+4.8 ★Texas Ratio: 16.98% |
VA | 2 | 0.1% | 100% | $290,000 | View |
|
4415 Martin Luther King Dr, Alton, IL 62002 A+5.0 ★Texas Ratio: 2.31% |
Conventional, HELOC | 1 +1 HELOCs |
0% | 100% | $105,000 | View |
|
300 S Grand Ave W, Springfield, IL 62704 3716 A5.0 ★Texas Ratio: 6.47% |
Conventional | 1 | 0% | 100% | $65,000 | View |
|
11900 S Pulaski Rd, Alsip, IL 60803 A+5.0 ★Texas Ratio: 4.98% |
Conventional | 1 | 0% | 100% | $535,000 | View |
|
1311 S Neil St, Champaign, IL 61820 A+5.0 ★Texas Ratio: 0.40% |
Conventional | 1 | 0% | 100% | $75,000 | View |
|
4807 W Main St, Belleville, IL 62226 4722 A+5.0 ★Texas Ratio: 3.36% |
Conventional | 1 | 0% | 100% | $155,000 | View |
|
901 S Lincoln Ave, OFallon, IL 62269 A+5.0 ★Texas Ratio: 5.16% |
Conventional | 1 | 0% | 100% | $135,000 | View |
|
East Illinois Street And Route 51, Assumption, IL 62510 A+5.0 ★Texas Ratio: 0.49% |
Conventional | 1 | 0% | 100% | $145,000 | View |
|
4502 27th St, Moline, IL 61265 6311 A+5.0 ★Texas Ratio: 2.31% |
Conventional | 1 | 0% | 100% | $195,000 | View |
|
200 N Buffalo Grove Rd, Buffalo Grove, IL 60089 A+5.0 ★Texas Ratio: 2.98% |
Conventional | 1 | 0% | 100% | $405,000 | View |
|
951 Dixie Hwy, Beecher, IL 60401 A5.0 ★Texas Ratio: 9.50% |
Conventional | 1 | 0% | 100% | $245,000 | View |
|
123 E Knoxville St, Brimfield, IL 61517 A+5.0 ★Texas Ratio: 5.41% |
Conventional | 1 | 0% | 66.7% | $285,000 | View |
|
131 N Main St, Atwood, IL 61913 A+5.0 ★Texas Ratio: 2.03% |
Conventional | 1 | 0% | 100% | $265,000 | View |
|
440 Mulberry St, Andover, IL 61233 A-5.0 ★Texas Ratio: 15.39% |
Conventional | 1 | 0% | 100% | $105,000 | View |
|
1805 S Main St, Eureka, IL 61530 B4.6 ★Texas Ratio: 20.01% |
Conventional | 1 | 0% | 100% | $115,000 | View |
|
100 E Clay St, Collinsville, IL 62234 A5.0 ★Texas Ratio: 8.07% |
Conventional | 1 | 0% | 100% | $125,000 | View |
|
101 N High St, Belleville, IL 62220 A+5.0 ★Texas Ratio: 1.78% |
Conventional | 1 | 0% | 100% | $45,000 | View |
|
122 W Broadway, Astoria, IL 61501 A-5.0 ★Texas Ratio: 14.33% |
Conventional | 1 | 0% | 100% | $45,000 | View |
|
2000 W Galena Blvd, Aurora, IL 60506 A5.0 ★Texas Ratio: 6.17% |
Conventional | 1 | 0% | 100% | $135,000 | View |
|
11545 W Touhy Ave, Chicago, IL 60666 A5.0 ★Texas Ratio: 6.04% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Heartland Credi T Union
|
Conventional, HELOC | 89 +91 HELOCs |
4.3% | 95.7% | $175,674 | |
Guaranteed Rate, Inc.
|
Conventional, FHA, VA, HELOC | 77 +1 HELOCs |
3.7% | 90.6% | $163,831 | |
Citizens Equity First Credit U
|
Conventional, HELOC | 63 +82 HELOCs |
3% | 94% | $177,380 | |
Diamond Residential Mtg Corp
|
Conventional, FHA | 7 | 0.3% | 77.8% | $173,571 | |
Mutual of Omaha Mortgage
|
Conventional, FHA, VA | 4 | 0.2% | 80% | $182,500 | |
Neighborhood Loans, Inc
|
Conventional | 1 | 0% | 100% | $15,000 | |
Cmg Mortgage Inc
|
Conventional | 1 | 0% | 100% | $155,000 | |
The Anderson Financial Group, Inc.
|
Conventional | 1 | 0% | 100% | $345,000 | |
Abbott Laboratories Employees Credit Union
|
Conventional | 1 | 0% | 100% | $85,000 | |
Rocket Mortgage
|
Conventional, FHA, VA | 100 | 4.8% | 75.4% | $157,000 | |
Affordable Mortgage Advisors
|
Conventional, FHA, VA | 69 | 3.3% | 100% | $173,405 | |
Mortgage Research Center
|
FHA, VA | 39 | 1.9% | 81.2% | $204,487 | |
Flat Branch Mortgage, Inc.
|
Conventional, FHA, VA | 38 | 1.8% | 100% | $186,315 | |
New American Funding, LLC.
|
Conventional, FHA, VA | 36 | 1.7% | 90% | $137,222 | |
United Wholesale Mortgage
|
Conventional, FHA, VA | 27 | 1.3% | 82.9% | $288,333 | |
Pennymac Loan Services LLC
|
Conventional, FHA, VA | 19 | 0.9% | 83.3% | $218,157 | |
Freedom Mortgage Corporation
|
FHA, VA | 17 | 0.8% | 92.3% | $176,764 | |
21St Mortgage
|
Conventional | 15 | 0.7% | 12.7% | $60,333 | |
|
A+5.0 ★Texas Ratio: 1.51% |
Conventional | 14 | 0.7% | 32.5% | $49,285 | View |
Guild Mortgage Company
|
Conventional, FHA, VA | 14 | 0.7% | 100% | $157,142 | |
|
A5.0 ★Texas Ratio: 8.14% |
Conventional, VA, HELOC | 12 +3 HELOCs |
0.6% | 75% | $161,666 | |
Amerisave Mortgage Company
|
Conventional, FHA | 11 | 0.5% | 33.3% | $90,454 | |
Leaderone Financial Corp.
|
Conventional, FHA | 10 | 0.5% | 71.4% | $155,000 | |
Sierra Pacific Mortgage Co. Inc
|
Conventional, FHA | 9 | 0.4% | 100% | $138,333 | |
Nationstar Mortgage
|
Conventional | 9 | 0.4% | 100% | $108,333 | |
loanDepot.com LLC
|
Conventional, FHA | 7 | 0.3% | 53.8% | $103,571 | |
|
A5.0 ★Texas Ratio: 9.09% |
Conventional, FHA, VA | 7 | 0.3% | 100% | $256,428 | View |
Newrez LLC
|
Conventional, FHA, VA | 6 | 0.3% | 60% | $208,333 | |
CrossCountry Mortgage, LLC
|
Conventional, FHA | 4 | 0.2% | 100% | $185,000 | |
New Day Financial, LLC.
|
VA | 4 | 0.2% | 50% | $180,000 | |
Member First Mortgage, LLC
|
Conventional | 4 | 0.2% | 100% | $182,500 | |
Fairway Independent Mort Corp
|
Conventional, FHA | 4 | 0.2% | 66.7% | $132,500 | |
|
A+5.0 ★Texas Ratio: 0.51% |
Conventional | 4 | 0.2% | 80% | $147,500 | View |
Royal United Mortgage LLC
|
Conventional, FHA | 3 | 0.1% | 100% | $115,000 | |
Movement Mortgage, LLC
|
Conventional, VA | 3 | 0.1% | 100% | $491,666 | |
Lake Michigan Credit Union
|
Conventional | 3 | 0.1% | 100% | $311,666 | |
Zillow Home Loans, LLC
|
Conventional | 3 | 0.1% | 100% | $185,000 | |
Vanderbilt Mortgage and Finance, Inc
|
Conventional | 3 | 0.1% | 33.3% | $51,666 | |
Spring Eq, LLC
|
Conventional | 3 | 0.1% | 60% | $55,000 | |
The Loan Store, Inc
|
Conventional, HELOC | 2 +1 HELOCs |
0.1% | 100% | $295,000 | |
Greenstate Credit Union
|
Conventional | 2 | 0.1% | 42.9% | $115,000 | |
Lakeview Loan Servicing, LLC
|
Conventional | 2 | 0.1% | 75% | $40,000 | |
Guidance Residential, LLC
|
Conventional | 2 | 0.1% | 100% | $285,000 | |
AML Funding LLC dba Absolute Mortgage & Lending
|
Conventional | 2 | 0.1% | 100% | $140,000 | |
Discover Bank
|
Conventional | 2 | 0.1% | 14.3% | $50,000 | |
Ross Mortgage Corporation
|
Conventional | 2 | 0.1% | 100% | $55,000 | |
|
B-3.5 ★Texas Ratio: 6.80% |
VA | 2 | 0.1% | 60% | $160,000 | View |
Planet Home Lending, LLC
|
FHA, VA | 2 | 0.1% | 100% | $175,000 | |
Endeavor Capital, LLC
|
FHA | 2 | 0.1% | 100% | $160,000 | |
Mld Mortgage, Inc.Dba the Money Store
|
Conventional, FHA | 2 | 0.1% | 100% | $100,000 | |
|
A5.0 ★Texas Ratio: 12.35% |
FHA, VA | 2 | 0.1% | 20% | $125,000 | View |
Tomo Mortgage LLC
|
Conventional | 2 | 0.1% | 66.7% | $100,000 | |
American Neighborhood Mortgage Acceptance Company
|
FHA | 2 | 0.1% | 100% | $90,000 | |
EMM Loans LLC
|
FHA | 1 | 0% | 100% | $325,000 | |
Consumer Real Estate Finance Co DBA Society Mortgage
|
FHA | 1 | 0% | 100% | $95,000 | |
|
A5.0 ★Texas Ratio: 9.58% |
Conventional | 1 | 0% | 100% | $205,000 | View |
Zippy Loans, LLC
|
Conventional | 1 | 0% | 16.7% | $35,000 | |
Primelending
|
Conventional | 1 | 0% | 100% | $265,000 | |
MortgageOne, Inc
|
VA | 1 | 0% | 100% | $375,000 | |
Nbkc Bank
|
VA | 1 | 0% | 100% | $375,000 | |
Allied Mortgage Group, Inc
|
Conventional | 1 | 0% | 100% | $135,000 | |
Tower Federal Credit Union
|
Conventional | 1 | 0% | 100% | $75,000 | |
Home Mortgage Alliance Corp (Hmac)
|
FHA | 1 | 0% | 100% | $105,000 | |
Synergy One Lending, Inc.
|
FHA | 1 | 0% | 100% | $235,000 | |
Sun West Mortgage Company, Inc
|
Conventional | 1 | 0% | 100% | $255,000 | |
|
A5.0 ★Texas Ratio: 9.76% |
Conventional | 1 | 0% | 100% | $395,000 | View |
|
A5.0 ★Texas Ratio: 8.00% |
Conventional | 1 | 0% | 100% | $85,000 | View |
Oceanside Mortgage Company
|
FHA | 1 | 0% | 100% | $115,000 | |
Flexpoint, Inc.
|
Conventional | 1 | 0% | 100% | $395,000 | |
American Financing Corporation
|
Conventional | 1 | 0% | 25% | $35,000 | |
Union Home Mortgage Corp.
|
FHA | 1 | 0% | 100% | $125,000 | |
SIRVA Mortgage, Inc.
|
Conventional | 1 | 0% | 100% | $255,000 | |
Elements Financial Federal Cre
|
Conventional | 1 | 0% | 100% | $185,000 | |
Nfm, Inc
|
Conventional | 1 | 0% | 100% | $365,000 | |
First Community Credit Union
|
Conventional | 1 | 0% | 100% | $55,000 | |
|
A+5.0 ★Texas Ratio: 1.10% |
Conventional | 1 | 0% | 100% | $45,000 | View |
Geneva Financial LLC
|
Conventional | 1 | 0% | 100% | $55,000 | |
|
A-4.8 ★Texas Ratio: 12.33% |
VA | 1 | 0% | 100% | $205,000 | View |
Four Points Federal Credit Union
|
Conventional | 1 | 0% | 100% | $475,000 | |
Mission Loans, LLC
|
Conventional | 1 | 0% | 100% | $85,000 | |
Pentagon Federal Credit Union
|
VA | 1 | 0% | 100% | $135,000 | |
Uif Corporation
|
Conventional | 1 | 0% | 100% | $155,000 | |
|
A-5.0 ★Texas Ratio: 14.33% |
Conventional | 1 | 0% | 100% | $85,000 | View |
V.I.P. Mortgage, Inc.
|
FHA | 1 | 0% | 100% | $125,000 | |
Lower, LLC
|
VA | 1 | 0% | 66.7% | $595,000 | |
Village Capital & Investment
|
VA | 1 | 0% | 75% | $335,000 | |
|
B4.5 ★Texas Ratio: 20.96% |
HELOC | 0 +14 HELOCs |
0% | n/a | View | |
Figure Lending LLC
|
HELOC | 0 +8 HELOCs |
0% | n/a | ||
Lendage, LLC dba Achieve Loans
|
HELOC | 0 +7 HELOCs |
0% | n/a | ||
|
A+5.0 ★Texas Ratio: 5.44% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Uw Credit Union
|
HELOC | 0 +1 HELOCs |
0% | n/a | ||
|
A+5.0 ★Texas Ratio: 2.32% |
HELOC | 0 +1 HELOCs |
0% | n/a | View |
Springfield 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 Springfield, Illinois
Looking for mortgage lenders near me or mortgage brokers near me in Springfield? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Springfield in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Springfield, IL
Use these to narrow the list above. Each category shows how many Springfield, IL lenders fit and what that kind of lender is usually best for.
Who Lends in Springfield, IL
Independent mortgage companies closed 28.9 percent of home loans in Springfield, Illinois in 2025, banks 61.9 percent and credit unions 9.2 percent. Guaranteed Rate, Inc. was the largest mortgage company, Inb, National Association the largest bank and Illinois State Police Federal Credit Union the largest credit union. Among lenders headquartered in Illinois, Inb, National Association led with 286 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 Springfield, IL
By home loans closed in 2025, Inb, National Association was the largest mortgage lender in Springfield, Illinois with 286 loans, about 13.7 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Among lenders with meaningful volume in Springfield, Illinois, Affordable Mortgage Advisors approved the highest share of completed applications in 2025 at 100 percent, against a 82.2 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.
41 lenders closed FHA loans in Springfield, Illinois in 2025, led by Inb, National Association with 24. 34 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. 62 banks and 20 credit unions closed home loans in Springfield, Illinois in 2025, alongside 65 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 Springfield, 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 Springfield, 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 Springfield. 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.
