# Best Bank Mortgage Lenders in Illinois

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

Compare the top banks offering mortgages in Illinois. Data-driven rankings based on rates, fees, and approval rates.

> **Canonical URL:** https://saferate.com/illinois/best-mortgage-lenders/banks


> **📋 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:** 360
- **Total Loans:** 123,748
- **Median Rate Spread:** 0.4065768115942029%

## Top Lenders

| Rank | Lender | SafeRate Score | Pricing | Pull-Through | Volume | Type |
|------|--------|----------------|---------|--------------|--------|------|
| 1 | Busey Bank | 93 | 63 | 84 | 669 | Bank |
| 2 | INB, National Association | 93 | 72 | 83 | 653 | Bank |
| 3 | United Community Bank | 93 | 84 | 73 | 649 | Bank |
| 4 | FCB Banks | 93 | 92 | 67 | 566 | Bank |
| 5 | The Huntington National Bank | 86 | 61 | 75 | 2,085 | Bank |
| 6 | U.S. Bank National Association | 86 | 75 | 71 | 2,055 | Bank |
| 7 | Fifth Third Bank, National Association | 86 | 62 | 62 | 1,233 | Bank |
| 8 | Bank of America, National Association | 86 | 73 | 75 | 1,025 | Bank |
| 9 | First Mid Bank & Trust, National Association | 86 | 78 | 74 | 741 | Bank |
| 10 | Old National Bank | 86 | 84 | 70 | 626 | Bank |
| 11 | Associated Bank, National Association | 86 | 93 | 72 | 484 | Bank |
| 12 | Bank of Springfield | 86 | 77 | 81 | 373 | Bank |
| 13 | Morgan Stanley Private Bank, National Association | 86 | 94 | 66 | 295 | Bank |
| 14 | PNC Bank, National Association | 80 | 71 | 61 | 784 | Bank |
| 15 | Carrollton Bank | 80 | 71 | 70 | 365 | Bank |
| 16 | JPMorgan Chase Bank, National Association | 78 | 49 | 70 | 6,487 | Bank |
| 17 | Citibank, National Association | 78 | 87 | 58 | 811 | Bank |
| 18 | Morton Community Bank | 78 | 42 | 74 | 455 | Bank |
| 19 | Heartland Bank and Trust Company | 78 | 67 | 50 | 371 | Bank |
| 20 | Wells Fargo Bank, National Association | 73 | 63 | 59 | 781 | Bank |
| 21 | Regions Bank | 73 | 41 | 64 | 345 | Bank |
| 22 | Peoples National Bank , N.A. | 73 | 72 | 53 | 283 | Bank |
| 23 | NexBank | 73 | 41 | 66 | 280 | Bank |
| 24 | Petefish, Skiles & Co. | 73 | 63 | 50 | 252 | Bank |
| 25 | Barrington Bank & Trust Company, National Association | 68 | 36 | 69 | 2,395 | Bank |
| 26 | BMO Bank National Association | 66 | 60 | 57 | 582 | Bank |
| 27 | USAA Federal Savings Bank | 66 | 54 | 45 | 361 | Bank |
| 28 | CIBM Bank | 66 | 45 | 56 | 352 | Bank |
| 29 | Flagstar Bank, N.A. | 63 | 40 | 76 | 704 | Bank |
| 30 | Midland States Bank | 62 | 38 | 54 | 426 | Bank |
| 31 | Ixonia Bank | 50 | 17 | 78 | 536 | Bank |
| 32 | The Federal Savings Bank | 49 | 16 | 49 | 933 | 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 Illinois.

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.