Mortgage Lenders and Brokers in Tower Lakes, 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
Tower Lakes, Illinois mortgage lenders include JPMorgan Chase Bank, NAJPMorgan Chase Bank, NA600 W Lake St, Addison, IL 60101A+5.0 ★Texas Ratio: 3.68%, US Bank, N.A.US Bank, N.A.540 W Lake St, Addison, IL 60101A+5.0 ★Texas Ratio: 2.85%, 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%, Cornerstone National Bank & Trust CompanyCornerstone National Bank & Trust Company1185 S Il Route 31, Crystal Lake, IL 60014A+5.0 ★Texas Ratio: 0.20%, Citibank, NACitibank, NA1828 N Arlington Heights Rd, Arlington Heights, IL 60004A+5.0 ★Texas Ratio: 2.82%, BMO Harris Bank NABMO Harris Bank NA625 W Army Trail Blvd, Addison, IL 60101A+5.0 ★Texas Ratio: 3.54%, Bank of America NABank of America NA850 W Algonquin Rd, Arlington Heights, IL 60005A+5.0 ★Texas Ratio: 4.14%, Baxter Credit UnionBaxter Credit Union1200 Lakeside Dr, Bannockburn, IL 60015A5.0 ★Texas Ratio: 6.31%, Old National BankOld National Bank11900 S Pulaski Rd, Alsip, IL 60803A+5.0 ★Texas Ratio: 4.98%, and DuPage Credit UnionDuPage Credit Union725 Ogden Ave, Downers Grove, IL 60515 2915A+5.0 ★Texas Ratio: 3.55%. 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 Tower Lakes, Illinois in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Tower Lakes 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 Tower Lakes, Illinois
Market share is the lender's share of all home loans closed in Tower Lakes, 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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600 W Lake St, Addison, IL 60101 A+5.0 ★Texas Ratio: 3.68% |
Conventional, HELOC | 9 +1 HELOCs |
9.9% | 100% | $342,777 | View |
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540 W Lake St, Addison, IL 60101 A+5.0 ★Texas Ratio: 2.85% |
Conventional, HELOC | 3 +1 HELOCs |
3.3% | 80% | $525,000 | View |
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233 W Northwest Hwy, Barrington, IL 60010 A+5.0 ★Texas Ratio: 2.20% |
Conventional | 3 | 3.3% | 100% | $391,666 | View |
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1185 S Il Route 31, Crystal Lake, IL 60014 A+5.0 ★Texas Ratio: 0.20% |
Conventional | 2 | 2.2% | 100% | $675,000 | View |
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1828 N Arlington Heights Rd, Arlington Heights, IL 60004 A+5.0 ★Texas Ratio: 2.82% |
Conventional, Jumbo | 2 | 2.2% | 100% | $810,000 | View |
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625 W Army Trail Blvd, Addison, IL 60101 A+5.0 ★Texas Ratio: 3.54% |
Conventional, HELOC | 1 +9 HELOCs |
1.1% | 100% | $185,000 | View |
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850 W Algonquin Rd, Arlington Heights, IL 60005 A+5.0 ★Texas Ratio: 4.14% |
Conventional, HELOC | 1 +3 HELOCs |
1.1% | 100% | $345,000 | View |
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1200 Lakeside Dr, Bannockburn, IL 60015 A5.0 ★Texas Ratio: 6.31% |
Conventional, HELOC | 1 +2 HELOCs |
1.1% | 50% | $175,000 | View |
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11900 S Pulaski Rd, Alsip, IL 60803 A+5.0 ★Texas Ratio: 4.98% |
Conventional, HELOC | 1 +1 HELOCs |
1.1% | 100% | $245,000 | View |
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725 Ogden Ave, Downers Grove, IL 60515 2915 A+5.0 ★Texas Ratio: 3.55% |
Conventional, HELOC | 1 +1 HELOCs |
1.1% | 100% | $185,000 | 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 +1 HELOCs |
1.1% | 100% | $465,000 | View |
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103 S Randall Rd, Algonquin, IL 60102 A+5.0 ★Texas Ratio: 3.66% |
Conventional | 1 | 1.1% | 100% | $685,000 | View |
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350 Riverpark Dr, East Saint Louis, IL 62201 A+5.0 ★Texas Ratio: 2.49% |
Conventional | 1 | 1.1% | 100% | $645,000 | View |
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351 E Il Route 173, Antioch, IL 60002 7355 A5.0 ★Texas Ratio: 9.76% |
Conventional | 1 | 1.1% | 100% | $65,000 | View |
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85 W Algonquin Rd, Arlington Heights, IL 60005 A5.0 ★Texas Ratio: 6.61% |
Conventional | 1 | 1.1% | 100% | $705,000 | View |
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249 S River Rd, Des Plaines, IL 60016 A+5.0 ★Texas Ratio: 5.30% |
Conventional | 1 | 1.1% | 50% | $35,000 | View |
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1315 N North Branch St, Chicago, IL 60642 A+5.0 ★Texas Ratio: 3.75% |
Conventional | 1 | 1.1% | 100% | $415,000 | View |
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1801 E Empire St, Bloomington, IL 61704 A5.0 ★Texas Ratio: 8.91% |
Conventional | 1 | 1.1% | 100% | $345,000 | View |
Homeland Mortgage Company
305 N 48th St, Quincy, IL 62305 |
Conventional | 1 | 1.1% | 100% | $175,000 | |
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950 E Rand Rd, Arlington Heights, IL 60004 A5.0 ★Texas Ratio: 6.15% |
HELOC | 0 +5 HELOCs |
0% | n/a | View | |
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777 W Army Trail Blvd, Addison, IL 60101 A+5.0 ★Texas Ratio: 3.22% |
HELOC | 0 +4 HELOCs |
0% | 0% | View | |
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11545 W Touhy Ave, Chicago, IL 60666 A5.0 ★Texas Ratio: 6.04% |
HELOC | 0 +2 HELOCs |
0% | n/a | View | |
Guaranteed Rate, Inc.
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Conventional | 6 | 6.6% | 100% | $385,000 | |
Compass Mortgage, Inc.
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Conventional | 2 | 2.2% | 100% | $510,000 | |
Proper Rate, LLC
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Conventional | 1 | 1.1% | 100% | $285,000 | |
Originpoint, LLC
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Conventional | 1 | 1.1% | 100% | $545,000 | |
Guaranteed Rate Affinity, LLC
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Conventional | 1 | 1.1% | 50% | $435,000 | |
The Anderson Financial Group, Inc.
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Conventional | 1 | 1.1% | 100% | $165,000 | |
United Wholesale Mortgage
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Conventional | 8 | 8.8% | 100% | $391,250 | |
Rocket Mortgage
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Conventional | 8 | 8.8% | 100% | $243,750 | |
Union Home Mortgage Corp.
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Conventional | 5 | 5.5% | 100% | $527,000 | |
Pennymac Loan Services LLC
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Conventional, FHA | 3 | 3.3% | 100% | $141,666 | |
Towne Mortgage Company
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Conventional | 3 | 3.3% | 100% | $588,333 | |
New American Funding, LLC.
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Conventional | 3 | 3.3% | 100% | $505,000 | |
loanDepot.com LLC
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Conventional | 2 | 2.2% | 100% | $320,000 | |
Provident Funding Associates
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Conventional | 2 | 2.2% | 100% | $420,000 | |
Freedom Mortgage Corporation
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VA | 1 | 1.1% | 100% | $805,000 | |
CrossCountry Mortgage, LLC
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Conventional | 1 | 1.1% | 100% | $695,000 | |
American Pacific Mortgage Corporation
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Conventional | 1 | 1.1% | 50% | $655,000 | |
Nationstar Mortgage
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Conventional | 1 | 1.1% | 100% | $45,000 | |
Mortgage Research Center
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VA | 1 | 1.1% | 100% | $255,000 | |
RoundPoint Mortgage Servicing LLC
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Conventional | 1 | 1.1% | 100% | $495,000 | |
Nations Direct Mortgage, LLC
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FHA | 1 | 1.1% | 100% | $535,000 | |
Summit Funding.Inc
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FHA | 1 | 1.1% | 100% | $365,000 | |
The Loan Store, Inc
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Conventional | 1 | 1.1% | 100% | $475,000 | |
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A5.0 ★Texas Ratio: 8.14% |
VA, Jumbo | 1 | 1.1% | 100% | $845,000 | |
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A+5.0 ★Texas Ratio: 0.51% |
Conventional | 1 | 1.1% | 100% | $115,000 | View |
Angel Oak Mortgage Solutions LLC
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Conventional | 1 | 1.1% | 100% | $235,000 | |
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D3.3 ★Texas Ratio: 35.11% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Valon Mortgage
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
Elements Financial Federal Cre
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
Pentagon Federal Credit Union
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HELOC | 0 +1 HELOCs |
0% | n/a |
Tower Lakes 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 Tower Lakes, Illinois
Looking for mortgage lenders near me or mortgage brokers near me in Tower Lakes? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Tower Lakes in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Tower Lakes, IL
Use these to narrow the list above. Each category shows how many Tower Lakes, IL lenders fit and what that kind of lender is usually best for.
Who Lends in Tower Lakes, IL
Independent mortgage companies closed 62.6 percent of home loans in Tower Lakes, Illinois in 2025, banks 31.9 percent and credit unions 5.5 percent. Homeland Mortgage Company was the largest mortgage company, JPMorgan Chase Bank, NA the largest bank and Baxter Credit Union the largest credit union. Among lenders headquartered in Illinois, Barrington Bank & Trust Company, N.A. led with 3 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 Tower Lakes, IL
By home loans closed in 2025, JPMorgan Chase Bank, NA was the largest mortgage lender in Tower Lakes, Illinois with 9 loans, about 9.9 percent of the market. The largest lender headquartered in Illinois was Barrington Bank & Trust Company, N.A. with 3 loans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
3 lenders closed FHA loans in Tower Lakes, Illinois in 2025, led by Pennymac Loan Services LLC with 1. 3 lenders closed VA loans, led by Freedom Mortgage Corporation. 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. 17 banks and 9 credit unions closed home loans in Tower Lakes, Illinois in 2025, alongside 26 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 Tower Lakes, 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 Tower Lakes, 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 Tower Lakes. 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.
