# Best Mortgage Lenders in Elgin, IL

**As of:** 2026-05-19

Compare the top mortgage lenders in Elgin, IL. Data-driven rankings based on pricing, approval rates, and local market expertise.

> **Canonical URL:** https://saferate.com/elgin-il/best-mortgage-lenders


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


## Market Statistics

- **Total Lenders:** 111
- **Total Loans:** 9,323
- **Median Rate Spread:** 0.4013394495412844%

## Top Lenders

| Rank | Lender | SafeRate Score | Pricing | Pull-Through | Volume | Type |
|------|--------|----------------|---------|--------------|--------|------|
| 1 | GREENSTATE Credit Union | 100 | 89 | 84 | 222 | Credit Union |
| 2 | First National Bank of Omaha | 86 | 67 | 65 | 132 | Bank |
| 3 | Old National Bank | 86 | 84 | 70 | 54 | Bank |
| 4 | UNITED WHOLESALE MORTGAGE, LLC | 84 | 41 | 93 | 620 | Independent Mortgage Company |
| 5 | The Huntington National Bank | 80 | 61 | 75 | 147 | Bank |
| 6 | Fifth Third Bank, National Association | 80 | 62 | 62 | 89 | Bank |
| 7 | U.S. Bank National Association | 80 | 75 | 71 | 79 | Bank |
| 8 | Bank of America, National Association | 80 | 73 | 75 | 47 | Bank |
| 9 | GUARANTEED RATE, INC. | 78 | 41 | 69 | 689 | Independent Mortgage Company |
| 10 | JPMorgan Chase Bank, National Association | 78 | 49 | 70 | 467 | Bank |
| 11 | LOANDEPOT.COM, LLC | 78 | 48 | 76 | 244 | Independent Mortgage Company |
| 12 | KEY MORTGAGE SERVICES, INC. | 78 | 45 | 63 | 168 | Independent Mortgage Company |
| 13 | Old Second National Bank | 78 | 40 | 60 | 116 | Bank |
| 14 | GMFS LLC | 78 | 53 | 85 | 46 | Independent Mortgage Company |
| 15 | Associated Bank, National Association | 78 | 93 | 72 | 27 | Bank |
| 16 | ROCKET MORTGAGE, LLC | 74 | 29 | 95 | 542 | Independent Mortgage Company |
| 17 | GUILD MORTGAGE COMPANY LLC | 74 | 25 | 83 | 446 | Independent Mortgage Company |
| 18 | FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 74 | 24 | 85 | 242 | Independent Mortgage Company |
| 19 | COMPASS MORTGAGE, INC. | 74 | 23 | 82 | 173 | Independent Mortgage Company |
| 20 | FREEDOM MORTGAGE CORPORATION | 73 | 55 | 67 | 74 | Independent Mortgage Company |
| 21 | Wells Fargo Bank, National Association | 73 | 63 | 59 | 66 | Bank |
| 22 | POINT MORTGAGE CORPORATION | 73 | 41 | 67 | 60 | Independent Mortgage Company |
| 23 | BAY EQUITY LLC | 73 | 43 | 65 | 59 | Independent Mortgage Company |
| 24 | PENNYMAC LOAN SERVICES, LLC | 73 | 56 | 63 | 52 | Independent Mortgage Company |
| 25 | PNC Bank, National Association | 73 | 71 | 61 | 31 | Bank |
| 26 | NAVY FEDERAL CREDIT UNION | 71 | 93 | 60 | 39 | Credit Union |
| 27 | MLD MORTGAGE INC. | 71 | 48 | 82 | 27 | Independent Mortgage Company |
| 28 | FIRST STATE MORTGAGE SERVICES, LLC | 71 | 52 | 84 | 26 | Independent Mortgage Company |
| 29 | NBKC BANK | 71 | 91 | 59 | 20 | Bank |
| 30 | CROSSCOUNTRY MORTGAGE, LLC | 68 | 20 | 76 | 289 | Independent Mortgage Company |
| 31 | M/I FINANCIAL, LLC | 68 | 38 | 75 | 161 | Independent Mortgage Company |
| 32 | UNION HOME MORTGAGE CORP. | 68 | 22 | 83 | 55 | Independent Mortgage Company |
| 33 | A & N MORTGAGE SERVICES, INC. | 66 | 49 | 66 | 32 | Independent Mortgage Company |
| 34 | First American Bank | 66 | 78 | 40 | 27 | Bank |
| 35 | ALLIANT CREDIT UNION | 66 | 78 | 42 | 24 | Credit Union |
| 36 | Servion, Inc. | 66 | 45 | 77 | 23 | Independent Mortgage Company |
| 37 | NUMARK CREDIT UNION | 66 | 65 | 57 | 21 | Credit Union |
| 38 | MUTUAL OF OMAHA MORTGAGE, INC. | 66 | 57 | 57 | 96 | Independent Mortgage Company |
| 39 | CIBM Bank | 66 | 45 | 56 | 45 | Bank |
| 40 | PROPER RATE, LLC | 66 | 47 | 54 | 44 | Independent Mortgage Company |
| 41 | THE ANDERSON FINANCIAL GROUP, INC. | 66 | 47 | 49 | 36 | Independent Mortgage Company |
| 42 | Barrington Bank & Trust Company, National Association | 63 | 36 | 69 | 152 | Bank |
| 43 | LOWER, LLC | 63 | 30 | 71 | 127 | Independent Mortgage Company |
| 44 | Mortgage Research Center, LLC | 63 | 34 | 70 | 95 | Independent Mortgage Company |
| 45 | GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | 63 | 28 | 68 | 93 | Independent Mortgage Company |
| 46 | TOWNE MORTGAGE COMPANY | 63 | 40 | 79 | 64 | Independent Mortgage Company |
| 47 | NATIONSTAR MORTGAGE LLC | 63 | 26 | 71 | 64 | Independent Mortgage Company |
| 48 | GUARANTEED RATE AFFINITY, LLC | 63 | 33 | 60 | 61 | Independent Mortgage Company |
| 49 | THE LOAN STORE, INC. | 63 | 40 | 77 | 61 | Independent Mortgage Company |
| 50 | Flagstar Bank, N.A. | 63 | 40 | 76 | 51 | Bank |

## Methodology

Safe Rate calculates these rankings using a risk-adjusted, data-driven scoring system based on Home Mortgage Disclosure Act (HMDA) filings. Rather than relying on simple averages, our statistical models control for loan-level risk factors (such as LTV, loan amount, and property value) to evaluate a lender's true competitiveness within Elgin, IL.

Our composite SafeRate Score is derived using an equal, geometric weighting of the following factors:
1. **Pricing:** Evaluates the lender's interest rates and net fees relative to the market.
2. **Pull-Through:** Measures the percentage of applications that successfully close, indicating reliability and customer service.
3. **Local Place Knowledge:** Analyzes the lender's total number of loans originated in the specific geography to determine local market expertise.