Mortgage Lenders and Brokers in Sterling, 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
Sterling, Illinois mortgage lenders include Sauk Valley Bank & Trust CompanySauk Valley Bank & Trust Company201 W 3rd St, Sterling, IL 61081A5.0 ★Texas Ratio: 7.96%, US Bank, N.A.US Bank, N.A.305 4th Ave, Sterling, IL 61081A+5.0 ★Texas Ratio: 2.85%, Midland States BankMidland States Bank4400 E Lincolnway, Sterling, IL 61081A5.0 ★Texas Ratio: 9.50%, Central Bank IllinoisCentral Bank Illinois2900 E Lincolnway, Sterling, IL 61081A-5.0 ★Texas Ratio: 15.39%, Fifth Third Bank, National AssociationFifth Third Bank, National Association2800 East Lincolnway, Sterling, IL 61081A+5.0 ★Texas Ratio: 3.22%, JPMorgan Chase Bank, NAJPMorgan Chase Bank, NA600 W Lake St, Addison, IL 60101A+5.0 ★Texas Ratio: 3.68%, Farmers National BankFarmers National Bank700 Us Highway 6 E, Geneseo, IL 61254A+5.0 ★Texas Ratio: 0.91%, Cornerstone Credit UnionCornerstone Credit Union615 W 3rd St, Sterling, IL 61081A5.0 ★Texas Ratio: 8.59%, Holcomb BankHolcomb Bank504 W Blackhawk Dr, Byron, IL 61010A+5.0 ★Texas Ratio: 0.32%, and Peoples National Bank of KewaneePeoples National Bank of Kewanee111 N Canal St, Annawan, IL 61234B4.7 ★Texas Ratio: 19.21%. 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 Sterling, Illinois in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Sterling 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 Sterling, Illinois
Market share is the lender's share of all home loans closed in Sterling, 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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2 offices in Sterling 201 W 3rd St, Sterling, IL 61081 A5.0 ★Texas Ratio: 7.96% |
Conventional | 44 | 22.7% | 93.6% | $132,500 | View |
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1 office in Sterling 305 4th Ave, Sterling, IL 61081 A+5.0 ★Texas Ratio: 2.85% |
Conventional, FHA, HELOC | 15 +2 HELOCs |
7.7% | 83.3% | $118,333 | View |
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1 office in Sterling 4400 E Lincolnway, Sterling, IL 61081 A5.0 ★Texas Ratio: 9.50% |
Conventional, FHA, HELOC | 5 +6 HELOCs |
2.6% | 100% | $95,000 | View |
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1 office in Sterling 2900 E Lincolnway, Sterling, IL 61081 A-5.0 ★Texas Ratio: 15.39% |
Conventional | 2 | 1% | 100% | $115,000 | View |
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1 office in Sterling 2800 East Lincolnway, Sterling, IL 61081 A+5.0 ★Texas Ratio: 3.22% |
HELOC | 0 +4 HELOCs |
0% | 0% | View | |
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600 W Lake St, Addison, IL 60101 A+5.0 ★Texas Ratio: 3.68% |
Conventional, FHA | 3 | 1.5% | 100% | $145,000 | View |
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700 Us Highway 6 E, Geneseo, IL 61254 A+5.0 ★Texas Ratio: 0.91% |
Conventional | 3 | 1.5% | 100% | $138,333 | View |
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615 W 3rd St, Sterling, IL 61081 A5.0 ★Texas Ratio: 8.59% |
Conventional | 3 | 1.5% | 100% | $38,333 | View |
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504 W Blackhawk Dr, Byron, IL 61010 A+5.0 ★Texas Ratio: 0.32% |
Conventional | 2 | 1% | 100% | $45,000 | View |
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111 N Canal St, Annawan, IL 61234 B4.7 ★Texas Ratio: 19.21% |
Conventional | 2 | 1% | 100% | $70,000 | View |
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403 State St, Benson, IL 61516 A4.7 ★Texas Ratio: 2.58% |
FHA | 2 | 1% | 100% | $125,000 | View |
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101 West St, Franklin, IL 62638 A5.0 ★Texas Ratio: 10.13% |
Conventional | 1 | 0.5% | 100% | $55,000 | View |
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105 Ne Church St, Atlanta, IL 61723 A+5.0 ★Texas Ratio: 4.08% |
Conventional | 1 | 0.5% | 100% | $15,000 | View |
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850 W Algonquin Rd, Arlington Heights, IL 60005 A+5.0 ★Texas Ratio: 4.14% |
Conventional | 1 | 0.5% | 100% | $185,000 | View |
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4000 W Diversey Ave, Chicago, IL 60639 B+4.8 ★Texas Ratio: 16.98% |
VA | 1 | 0.5% | 100% | $215,000 | 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 +1 HELOCs |
0% | n/a | View | |
Mutual of Omaha Mortgage
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FHA | 2 | 1% | 100% | $90,000 | |
Guaranteed Rate, Inc.
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Conventional | 1 | 0.5% | 100% | $235,000 | |
Ruhl Mortgage LLC
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FHA | 1 | 0.5% | 100% | $165,000 | |
Community Banc Mortgage Corp
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USDA | 1 | 0.5% | 100% | $105,000 | |
The Anderson Financial Group, Inc.
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Conventional | 1 | 0.5% | 100% | $135,000 | |
Compass Mortgage, Inc.
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FHA | 1 | 0.5% | 100% | $215,000 | |
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A+5.0 ★Texas Ratio: 4.81% |
FHA | 1 | 0.5% | 100% | $165,000 | View |
Guild Mortgage Company
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Conventional, FHA, VA, USDA | 20 | 10.3% | 95.5% | $127,500 | |
Rocket Mortgage
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Conventional, FHA, VA | 17 | 8.8% | 81.8% | $120,882 | |
United Wholesale Mortgage
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Conventional, FHA, VA | 9 | 4.6% | 90% | $176,111 | |
Greenstate Credit Union
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Conventional | 9 | 4.6% | 100% | $95,000 | |
Towne Mortgage Company
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FHA, USDA | 7 | 3.6% | 100% | $129,285 | |
loanDepot.com LLC
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Conventional, FHA | 5 | 2.6% | 71.4% | $117,000 | |
Mortgage Research Center
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FHA, VA | 3 | 1.5% | 75% | $178,333 | |
Fairway Independent Mort Corp
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Conventional, FHA | 3 | 1.5% | 100% | $91,666 | |
Freedom Mortgage Corporation
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FHA | 2 | 1% | 66.7% | $170,000 | |
Envoy Mortgage, Ltd
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Conventional | 2 | 1% | 100% | $135,000 | |
Amerisave Mortgage Company
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FHA, VA | 2 | 1% | 18.2% | $150,000 | |
Calcon Mutual Mortgage LLC
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Conventional, FHA | 2 | 1% | 100% | $45,000 | |
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A-5.0 ★Texas Ratio: 14.33% |
FHA | 2 | 1% | 100% | $190,000 | View |
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A5.0 ★Texas Ratio: 8.14% |
Conventional | 2 | 1% | 50% | $85,000 | |
Royal United Mortgage LLC
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Conventional | 1 | 0.5% | 100% | $85,000 | |
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A5.0 ★Texas Ratio: 11.06% |
Conventional | 1 | 0.5% | 100% | $85,000 | View |
Contour Mortgage Corporation
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VA | 1 | 0.5% | 100% | $265,000 | |
Newrez LLC
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VA | 1 | 0.5% | 50% | $445,000 | |
CrossCountry Mortgage, LLC
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VA | 1 | 0.5% | 100% | $195,000 | |
Flat Branch Mortgage, Inc.
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FHA | 1 | 0.5% | 100% | $135,000 | |
myCUmortgage
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FHA | 1 | 0.5% | 100% | $85,000 | |
Union Home Mortgage Corp.
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FHA | 1 | 0.5% | 100% | $155,000 | |
New Day Financial, LLC.
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VA | 1 | 0.5% | 50% | $155,000 | |
Planet Home Lending, LLC
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VA | 1 | 0.5% | 100% | $125,000 | |
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A+5.0 ★Texas Ratio: 1.10% |
FHA | 1 | 0.5% | 100% | $105,000 | View |
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A+5.0 ★Texas Ratio: 4.87% |
Conventional | 1 | 0.5% | 100% | $85,000 | |
Nationstar Mortgage
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Conventional | 1 | 0.5% | 100% | $45,000 | |
Zillow Home Loans, LLC
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Conventional | 1 | 0.5% | 100% | $85,000 | |
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B-4.3 ★Texas Ratio: 23.12% |
Conventional | 1 | 0.5% | 100% | $125,000 | View |
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A+5.0 ★Texas Ratio: 0.51% |
Conventional | 1 | 0.5% | 100% | $285,000 | View |
Figure Lending LLC
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HELOC | 0 +5 HELOCs |
0% | n/a | ||
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B4.5 ★Texas Ratio: 20.96% |
HELOC | 0 +2 HELOCs |
0% | n/a | View | |
New American Funding, LLC.
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HELOC | 0 +1 HELOCs |
0% | 0% | ||
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A+5.0 ★Texas Ratio: 2.32% |
HELOC | 0 +1 HELOCs |
0% | n/a | View |
Sterling 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 Sterling, Illinois
Looking for mortgage lenders near me or mortgage brokers near me in Sterling? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Sterling in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Sterling, IL
Use these to narrow the list above. Each category shows how many Sterling, IL lenders fit and what that kind of lender is usually best for.
Who Lends in Sterling, IL
Independent mortgage companies closed 46.9 percent of home loans in Sterling, Illinois in 2025, banks 44.8 percent and credit unions 8.2 percent. Mutual of Omaha Mortgage was the largest mortgage company, Sauk Valley Bank & Trust Company the largest bank and Cornerstone Credit Union the largest credit union. Among lenders headquartered in Illinois, Sauk Valley Bank & Trust Company led with 44 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 Sterling, IL
By home loans closed in 2025, Sauk Valley Bank & Trust Company was the largest mortgage lender in Sterling, Illinois with 44 loans, about 22.7 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
23 lenders closed FHA loans in Sterling, Illinois in 2025, led by Rocket Mortgage with 6. 11 lenders closed VA loans, led by Rocket Mortgage, and 3 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.
Yes. 22 banks and 5 credit unions closed home loans in Sterling, Illinois in 2025, alongside 30 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 Sterling, 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 Sterling, 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 Sterling. 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.
