Safe Rate Rankings

Best Bank Mortgage Lenders in Illinois

Updated May 19, 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 Lenders360
Total Loans123,748
Median Rate Spread0.41%

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RankLenderOverallPricingPull ThroughPlaceAvg FeesRate Spread# of LoansAction
1
United Community BankBank
Exceptional
Exceptional
Strong
Exceptional
$121Fees
0.128%Above
649
2
FCB BanksBank
Exceptional
Exceptional
Strong
Exceptional
$715Fees
0.092%Below
566
3
Busey BankBank
Exceptional
Strong
Exceptional
Exceptional
$911Fees
0.312%Above
669
4
INB, National AssociationBank
Exceptional
Strong
Exceptional
Exceptional
$640Fees
0.308%Above
653
5
Old National BankBank
Exceptional
Exceptional
Strong
Strong
$861Fees
0.034%Above
626
6
Associated Bank, National AssociationBank
Exceptional
Exceptional
Strong
Strong
$533Fees
0.096%Above
484
7
Morgan Stanley Private Bank, National AssociationBank
Exceptional
Exceptional
Strong
Strong
$252Fees
0.414%Below
295
8
The Huntington National BankBank
Exceptional
Strong
Strong
Exceptional
$745Credit
0.195%Above
2,085
9
U.S. Bank National AssociationBank
Exceptional
Strong
Strong
Exceptional
$460Fees
0.254%Above
2,055
10
Fifth Third Bank, National AssociationBank
Exceptional
Strong
Strong
Exceptional
$339Credit
0.266%Above
1,233
11
Bank of America, National AssociationBank
Exceptional
Strong
Strong
Exceptional
$1,634Fees
0.082%Below
1,025
12
Citibank, National AssociationBank
Exceptional
Exceptional
Sound
Strong
$1,743Credit
0.101%Below
811
13
First Mid Bank & Trust, National AssociationBank
Exceptional
Strong
Strong
Exceptional
$872Fees
0.176%Above
741
14
Bank of SpringfieldBank
Exceptional
Strong
Exceptional
Strong
$461Fees
0.093%Above
373
15
PNC Bank, National AssociationBank
Strong
Strong
Strong
Strong
$188Credit
0.254%Above
784
16
Heartland Bank and Trust CompanyBank
Strong
Strong
Sound
Exceptional
$573Fees
0.471%Above
371
17
Carrollton BankBank
Strong
Strong
Strong
Strong
$776Fees
0.080%Above
365
18
JPMorgan Chase Bank, National AssociationBank
Strong
Sound
Strong
Exceptional
$1,688Fees
0.163%Above
6,487
19
Wells Fargo Bank, National AssociationBank
Strong
Strong
Sound
Strong
$1,823Fees
0.033%Above
781
20
Morton Community BankBank
Strong
Sound
Strong
Exceptional
$683Fees
0.460%Above
455
21
Peoples National Bank , N.A.Bank
Strong
Strong
Sound
Strong
$864Fees
0.302%Above
283
22
Petefish, Skiles & Co.Bank
Strong
Strong
Sound
Strong
$1,050Fees
0.269%Above
252
23
Regions BankBank
Strong
Sound
Strong
Strong
$1,214Fees
0.586%Above
345
24
NexBankBank
Strong
Sound
Strong
Strong
$1,484Fees
0.411%Above
280
25
Barrington Bank & Trust Company, National AssociationBank
Strong
Acceptable
Strong
Exceptional
$1,856Fees
0.455%Above
2,395
26
BMO Bank National AssociationBank
Strong
Sound
Sound
Strong
$449Fees
0.420%Above
582
27
USAA Federal Savings BankBank
Strong
Sound
Sound
Strong
$1,493Fees
0.059%Below
361
28
CIBM BankBank
Strong
Sound
Sound
Strong
$1,394Fees
0.491%Above
352
29
Flagstar Bank, N.A.Bank
Strong
Acceptable
Strong
Strong
$2,249Fees
0.530%Above
704
30
Midland States BankBank
Strong
Acceptable
Sound
Exceptional
$1,376Fees
0.696%Above
426
31
The Federal Savings BankBank
Sound
Mediocre
Sound
Exceptional
$3,061Fees
0.794%Above
933
32
Ixonia BankBank
Sound
Mediocre
Strong
Strong
$3,434Fees
0.807%Above
536

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.