Safe Rate Rankings

Best Bank Mortgage Lenders in Chicago

Updated May 29, 2026
⚖️ The 4 PsRankings are calculated based on observed lender differences on closed loans across Pricing, Pull-through, Product, and Place.
🛡️ No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.
📊 HMDA 2024Built using publicly available originated loan data from the federal government.
🎯 Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.
Total Lenders254
Total Loans69,290
Median Rate Spread0.45%

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RankLenderOverallPricingPull ThroughPlaceAvg FeesRate Spread# of LoansAction
1
Citibank, National AssociationBank
Exceptional
Exceptional
Sound
Exceptional
$1,772Credit
0.106%Below
702
2
Old National BankBank
Exceptional
Exceptional
Strong
Strong
$909Fees
0.018%Above
452
3
Associated Bank, National AssociationBank
Exceptional
Exceptional
Strong
Strong
$520Fees
0.097%Above
305
4
Morgan Stanley Private Bank, National AssociationBank
Exceptional
Exceptional
Strong
Strong
$275Fees
0.438%Below
221
5
The Huntington National BankBank
Exceptional
Strong
Strong
Exceptional
$876Credit
0.180%Above
1,680
6
U.S. Bank National AssociationBank
Exceptional
Strong
Strong
Exceptional
$173Fees
0.152%Above
1,013
7
Fifth Third Bank, National AssociationBank
Exceptional
Strong
Strong
Exceptional
$501Credit
0.216%Above
937
8
Busey BankBank
Exceptional
Strong
Exceptional
Strong
$788Fees
0.667%Above
160
9
NBKC BANKBank
Exceptional
Exceptional
Sound
Strong
$686Fees
0.045%Below
147
10
Bank of America, National AssociationBank
Strong
Strong
Strong
Strong
$1,662Fees
0.093%Below
814
11
PNC Bank, National AssociationBank
Strong
Strong
Strong
Strong
$252Credit
0.168%Above
347
12
JPMorgan Chase Bank, National AssociationBank
Strong
Sound
Strong
Exceptional
$1,681Fees
0.147%Above
5,072
13
Wells Fargo Bank, National AssociationBank
Strong
Strong
Sound
Strong
$1,683Fees
0.061%Below
469
14
CIBC Bank USABank
Strong
Strong
Sound
Strong
$1,094Credit
0.159%Above
185
15
Marquette BankBank
Strong
Strong
Sound
Strong
$1,676Fees
0.055%Above
174
16
Liberty Bank for SavingsBank
Strong
Strong
Sound
Strong
$581Fees
0.254%Below
149
17
First American BankBank
Strong
Strong
Sound
Strong
$1,203Fees
0.144%Above
141
18
NexBankBank
Strong
Sound
Strong
Strong
$1,482Fees
0.416%Above
243
19
Barrington Bank & Trust Company, National AssociationBank
Strong
Acceptable
Strong
Exceptional
$1,916Fees
0.445%Above
1,731
20
BMO Bank National AssociationBank
Strong
Sound
Sound
Strong
$406Fees
0.420%Above
453
21
CIBM BankBank
Strong
Sound
Sound
Strong
$1,325Fees
0.441%Above
215
22
Home State Bank, National AssociationBank
Strong
Sound
Sound
Strong
$1,744Fees
0.458%Above
148
23
Flagstar Bank, N.A.Bank
Strong
Acceptable
Strong
Strong
$2,367Fees
0.559%Above
460
24
The Federal Savings BankBank
Sound
Mediocre
Sound
Exceptional
$3,016Fees
0.786%Above
728
25
Ixonia BankBank
Sound
Mediocre
Strong
Strong
$3,413Fees
0.815%Above
333

How We Rank Lenders

Our rankings use geometric mean scoring across equally-weighted categories. This rewards lenders who perform consistently well across all metrics, not just excel in one area.

Our Point System (Max 30 Points)

10
Pricing
Rate and fee competitiveness (33%)
10
Pull Through
Reliability in closing loans (33%)
10
Place
Local market expertise (33%)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.