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Safe Rate's TrueRank Guarantee

Our rankings are earned, not bought. We analyze 2,347 lenders using federal HMDA data—no pay-to-play, no cherry-picking. You see the best options based on performance metrics, not advertising dollars.

Best Conventional Mortgage Lenders in Elgin

Updated February 5, 2026

Market Overview

111

Total Lenders

9,323

Total Loans

0.40%

Median Rate Spread

Rank	Lender	Overall	Pricing	Product	Pull Through	Place	Avg Fees	Spread	Volume
1	GREENSTATE Credit Union	Exceptional	Exceptional	Exceptional	Exceptional	Exceptional	$898	+0.110%	222
2	Old National Bank	Exceptional	Exceptional	Exceptional	Strong	Strong	$972	+0.019%	54
3	First National Bank of Omaha	Exceptional	Strong	Exceptional	Strong	Exceptional	$704	+0.667%	132
4	Associated Bank, National Association	Exceptional	Exceptional	Exceptional	Strong	Sound	$400	+0.023%	27
5	The Huntington National Bank	Exceptional	Strong	Exceptional	Strong	Strong	-$420	+0.252%	147
6	U.S. Bank National Association	Exceptional	Strong	Exceptional	Strong	Strong	$860	+0.154%	79
7	Bank of America, National Association	Exceptional	Strong	Exceptional	Strong	Strong	$2,419	-0.092%	47
8	NAVY FEDERAL CREDIT UNION	Exceptional	Exceptional	Exceptional	Sound	Sound	$649	-0.388%	39
9	JPMorgan Chase Bank, National Association	Exceptional	Sound	Exceptional	Strong	Exceptional	$1,898	+0.224%	467
10	LOANDEPOT.COM, LLC	Exceptional	Sound	Exceptional	Strong	Exceptional	$3,255	+0.713%	244
11	Fifth Third Bank, National Association	Exceptional	Strong	Exceptional	Sound	Strong	$436	+0.437%	89
12	Wells Fargo Bank, National Association	Exceptional	Strong	Exceptional	Sound	Strong	$1,945	+0.001%	66
13	GMFS LLC	Exceptional	Sound	Exceptional	Exceptional	Strong	$2,119	+0.365%	46
14	PNC Bank, National Association	Exceptional	Strong	Exceptional	Strong	Sound	-$536	+0.239%	31
15	NBKC BANK	Exceptional	Exceptional	Strong	Sound	Sound	$506	-0.118%	20
16	UNITED WHOLESALE MORTGAGE, LLC	Strong	Acceptable	Exceptional	Exceptional	Exceptional	$1,815	+0.379%	620
17	ROCKET MORTGAGE, LLC	Strong	Acceptable	Exceptional	Exceptional	Exceptional	$3,883	+0.393%	542
18	Barrington Bank & Trust Company, National Association	Strong	Sound	Exceptional	Strong	Strong	$1,860	+0.523%	152
19	MUTUAL OF OMAHA MORTGAGE, INC.	Strong	Strong	Strong	Sound	Strong	$1,877	+0.523%	96
20	BAY EQUITY LLC	Strong	Sound	Exceptional	Strong	Strong	$2,021	+0.223%	59
21	PLAZA HOME MORTGAGE, INC.	Strong	Sound	Exceptional	Strong	Strong	$1,874	+0.382%	50
22	FIRST STATE MORTGAGE SERVICES, LLC	Strong	Sound	Exceptional	Exceptional	Sound	$1,100	+0.496%	26
23	GUARANTEED RATE, INC.	Strong	Acceptable	Exceptional	Strong	Exceptional	$2,004	+0.367%	689
24	GUILD MORTGAGE COMPANY LLC	Strong	Acceptable	Exceptional	Strong	Exceptional	$2,597	+0.597%	446
25	CROSSCOUNTRY MORTGAGE, LLC	Strong	Acceptable	Exceptional	Strong	Exceptional	$3,298	+0.720%	289
26	FAIRWAY INDEPENDENT MORTGAGE CORPORATION	Strong	Acceptable	Exceptional	Strong	Exceptional	$2,953	+0.698%	242
27	KEY MORTGAGE SERVICES, INC.	Strong	Sound	Strong	Sound	Exceptional	$1,783	+0.331%	168
28	POINT MORTGAGE CORPORATION	Strong	Sound	Strong	Strong	Strong	$1,383	+0.356%	60
29	PENNYMAC LOAN SERVICES, LLC	Strong	Sound	Exceptional	Sound	Strong	$585	+0.094%	52
30	CIBM Bank	Strong	Sound	Strong	Strong	Strong	$1,311	+0.441%	45
31	BMO Bank National Association	Strong	Strong	Strong	Sound	Sound	$570	+0.428%	42
32	COMPASS MORTGAGE, INC.	Strong	Acceptable	Strong	Strong	Exceptional	$2,426	+0.571%	173
33	M/I FINANCIAL, LLC	Strong	Acceptable	Strong	Strong	Exceptional	$3,529	+0.162%	161
34	LOWER, LLC	Strong	Acceptable	Exceptional	Strong	Strong	$1,301	+0.605%	127
35	GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION	Strong	Acceptable	Exceptional	Strong	Strong	$1,746	+0.409%	93
36	FREEDOM MORTGAGE CORPORATION	Strong	Sound	Strong	Sound	Strong	$1,801	+0.633%	74
37	NATIONSTAR MORTGAGE LLC	Strong	Acceptable	Exceptional	Strong	Strong	$3,426	+0.581%	64
38	TOWNE MORTGAGE COMPANY	Strong	Acceptable	Exceptional	Strong	Strong	$1,519	+0.613%	64
39	THE LOAN STORE, INC.	Strong	Acceptable	Exceptional	Strong	Strong	$993	+0.397%	61
40	UNION HOME MORTGAGE CORP.	Strong	Acceptable	Exceptional	Strong	Strong	$2,039	+0.645%	55
41	Flagstar Bank, N.A.	Strong	Acceptable	Exceptional	Strong	Strong	$2,766	+0.608%	51
42	PROPER RATE, LLC	Strong	Sound	Strong	Sound	Strong	$1,400	+0.372%	44
43	A & N MORTGAGE SERVICES, INC.	Strong	Sound	Strong	Strong	Sound	$1,297	+0.262%	32
44	MLD MORTGAGE INC.	Strong	Sound	Strong	Strong	Sound	$1,438	+0.413%	27
45	AMERIHOME MORTGAGE COMPANY, LLC	Strong	Sound	Strong	Strong	Sound	$1,972	+0.420%	24
46	Servion, Inc.	Strong	Sound	Strong	Strong	Sound	$1,095	+0.463%	23
47	NEWREZ LLC	Strong	Acceptable	Exceptional	Sound	Strong	$2,518	+0.507%	103
48	NEW AMERICAN FUNDING, LLC	Strong	Acceptable	Exceptional	Sound	Strong	$2,042	+0.540%	93
49	GUARANTEED RATE AFFINITY, LLC	Strong	Acceptable	Exceptional	Sound	Strong	$2,122	+0.466%	61
50	CMG MORTGAGE, INC.	Strong	Acceptable	Exceptional	Strong	Sound	$1,192	+0.456%	45

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 40 Points)

Pricing

Rate and fee competitiveness (25%)

Pull Through

Reliability in closing loans (25%)

Product

Specialization in the loan type (25%)

Place

Local market expertise (25%)

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.

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Elgin, ILConventional

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