# Best FHA Mortgage Bank Lenders in Illinois

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

Compare the top banks for FHA loans in Illinois.

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


> **📋 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 | The Huntington National Bank | 89 | 75 | 65 | 2,085 | Bank |
| 2 | INB, National Association | 89 | 82 | 63 | 653 | Bank |
| 3 | Associated Bank, National Association | 85 | 91 | 66 | 484 | Bank |
| 4 | U.S. Bank National Association | 83 | 65 | 60 | 2,055 | Bank |
| 5 | Fifth Third Bank, National Association | 83 | 72 | 58 | 1,233 | Bank |
| 6 | Carrollton Bank | 80 | 77 | 62 | 365 | Bank |
| 7 | Flagstar Bank, N.A. | 79 | 58 | 71 | 704 | Bank |
| 8 | Old National Bank | 79 | 91 | 60 | 626 | Bank |
| 9 | Midland States Bank | 79 | 46 | 69 | 426 | Bank |
| 10 | FCB Banks | 77 | 90 | 57 | 566 | Bank |
| 11 | Barrington Bank & Trust Company, National Association | 75 | 28 | 62 | 2,395 | Bank |
| 12 | PNC Bank, National Association | 74 | 62 | 56 | 784 | Bank |
| 13 | CIBM Bank | 74 | 55 | 64 | 352 | Bank |
| 14 | JPMorgan Chase Bank, National Association | 73 | 59 | 47 | 6,487 | Bank |
| 15 | First Mid Bank & Trust, National Association | 73 | 50 | 57 | 741 | Bank |
| 16 | Busey Bank | 73 | 63 | 57 | 669 | Bank |
| 17 | United Community Bank | 73 | 72 | 43 | 649 | Bank |
| 18 | Heartland Bank and Trust Company | 73 | 67 | 52 | 371 | Bank |
| 19 | Regions Bank | 73 | 60 | 59 | 345 | Bank |
| 20 | The Federal Savings Bank | 70 | 26 | 53 | 933 | Bank |
| 21 | Wells Fargo Bank, National Association | 69 | 57 | 42 | 781 | Bank |
| 22 | BMO Bank National Association | 69 | 59 | 46 | 582 | Bank |
| 23 | Bank of Springfield | 69 | 77 | 49 | 373 | Bank |
| 24 | Bank of America, National Association | 66 | 35 | 43 | 1,025 | Bank |
| 25 | Citibank, National Association | 66 | 84 | 33 | 811 | Bank |
| 26 | Ixonia Bank | 60 | 13 | 76 | 536 | 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. **Product Knowledge:** Evaluates the lender's specific experience and volume originating the selected loan product.
4. **Local Place Knowledge:** Analyzes the lender's total number of loans originated in the specific geography to determine local market expertise.