Safe Rate Rankings

Best FHA 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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RankLenderOverallPricingProductPull ThroughPlaceAvg FeesRate Spread# of LoansAction
1
GREENSTATE Credit UnionCredit Union
Exceptional
Exceptional
Exceptional
Exceptional
Exceptional
$833Fees
0.048%Above
2,002
2
INB, National AssociationBank
Exceptional
Exceptional
Strong
Strong
Exceptional
$640Fees
0.308%Above
653
3
The Huntington National BankBank
Exceptional
Strong
Exceptional
Strong
Exceptional
$745Credit
0.195%Above
2,085
4
Associated Bank, National AssociationBank
Exceptional
Exceptional
Strong
Strong
Strong
$533Fees
0.096%Above
484
5
UNITED WHOLESALE MORTGAGE, LLCIndependent Mortgage Company
Exceptional
Sound
Exceptional
Exceptional
Exceptional
$1,855Fees
0.413%Above
7,352
6
U.S. Bank National AssociationBank
Exceptional
Strong
Exceptional
Sound
Exceptional
$460Fees
0.254%Above
2,055
7
FLAT BRANCH MORTGAGE, INC.Independent Mortgage Company
Exceptional
Sound
Exceptional
Exceptional
Exceptional
$1,201Fees
0.447%Above
1,599
8
Fifth Third Bank, National AssociationBank
Exceptional
Strong
Exceptional
Sound
Exceptional
$339Credit
0.266%Above
1,233
9
TOWNE MORTGAGE COMPANYIndependent Mortgage Company
Exceptional
Sound
Exceptional
Exceptional
Exceptional
$1,510Fees
0.539%Above
977
10
FREEDOM MORTGAGE CORPORATIONIndependent Mortgage Company
Exceptional
Strong
Exceptional
Strong
Strong
$2,040Fees
0.663%Above
815
11
Old National BankBank
Exceptional
Exceptional
Strong
Sound
Strong
$861Fees
0.034%Above
626
12
FCB BanksBank
Exceptional
Exceptional
Sound
Sound
Exceptional
$715Fees
0.092%Below
566
13
Prosperity Home Mortgage, LLCIndependent Mortgage Company
Exceptional
Strong
Exceptional
Strong
Strong
$2,281Fees
0.479%Above
391
14
ARK-LA-TEX FINANCIAL SERVICES, LLC.Independent Mortgage Company
Exceptional
Strong
Exceptional
Strong
Strong
$937Fees
0.633%Above
354
15
GMFS LLCIndependent Mortgage Company
Exceptional
Strong
Exceptional
Strong
Strong
$1,888Fees
0.500%Above
266
16
LOANDEPOT.COM, LLCIndependent Mortgage Company
Exceptional
Sound
Exceptional
Strong
Exceptional
$2,865Fees
0.657%Above
2,802
17
A & N MORTGAGE SERVICES, INC.Independent Mortgage Company
Exceptional
Sound
Strong
Exceptional
Exceptional
$1,570Fees
0.336%Above
1,149
18
FIRST STATE MORTGAGE SERVICES, LLCIndependent Mortgage Company
Exceptional
Sound
Strong
Exceptional
Exceptional
$1,493Fees
0.362%Above
1,052
19
THE LOAN STORE, INC.Independent Mortgage Company
Exceptional
Sound
Exceptional
Strong
Exceptional
$336Fees
0.307%Above
963
20
PENNYMAC LOAN SERVICES, LLCIndependent Mortgage Company
Exceptional
Strong
Exceptional
Sound
Strong
$1,170Fees
0.188%Above
781
21
Carrollton BankBank
Exceptional
Strong
Strong
Strong
Strong
$776Fees
0.080%Above
365
22
ROCKET MORTGAGE, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Exceptional
$3,394Fees
0.490%Above
7,176
23
FAIRWAY INDEPENDENT MORTGAGE CORPORATIONIndependent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Exceptional
$2,737Fees
0.680%Above
3,156
24
NEWREZ LLCIndependent Mortgage Company
Strong
Sound
Exceptional
Sound
Exceptional
$2,239Fees
0.629%Above
1,112
25
PNC Bank, National AssociationBank
Strong
Strong
Strong
Sound
Strong
$188Credit
0.254%Above
784
26
Flagstar Bank, N.A.Bank
Strong
Sound
Exceptional
Strong
Strong
$2,249Fees
0.530%Above
704
27
Busey BankBank
Strong
Strong
Sound
Sound
Exceptional
$911Fees
0.312%Above
669
28
United Community BankBank
Strong
Strong
Sound
Sound
Exceptional
$121Fees
0.128%Above
649
29
DELMAR FINANCIAL COMPANYIndependent Mortgage Company
Strong
Sound
Strong
Strong
Exceptional
$1,519Fees
0.434%Above
597
30
MLD MORTGAGE INC.Independent Mortgage Company
Strong
Sound
Exceptional
Strong
Strong
$1,971Fees
0.443%Above
526
31
M/I FINANCIAL, LLCIndependent Mortgage Company
Strong
Sound
Exceptional
Strong
Strong
$3,266Fees
0.139%Above
489
32
RESICENTRAL, LLCIndependent Mortgage Company
Strong
Strong
Strong
Sound
Strong
$298Fees
0.525%Above
476
33
Midland States BankBank
Strong
Sound
Strong
Strong
Exceptional
$1,376Fees
0.696%Above
426
34
Heartland Bank and Trust CompanyBank
Strong
Strong
Sound
Sound
Exceptional
$573Fees
0.471%Above
371
35
GUARANTEED RATE, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Exceptional
$2,009Fees
0.369%Above
7,686
36
JPMorgan Chase Bank, National AssociationBank
Strong
Sound
Strong
Sound
Exceptional
$1,688Fees
0.163%Above
6,487
37
Barrington Bank & Trust Company, National AssociationBank
Strong
Acceptable
Exceptional
Strong
Exceptional
$1,856Fees
0.455%Above
2,395
38
GUILD MORTGAGE COMPANY LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Exceptional
$2,378Fees
0.587%Above
2,081
39
KEY MORTGAGE SERVICES, INC.Independent Mortgage Company
Strong
Sound
Strong
Sound
Exceptional
$1,739Fees
0.348%Above
1,273
40
LOWER, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Exceptional
$1,510Fees
0.608%Above
1,031
41
UNION HOME MORTGAGE CORP.Independent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Strong
$1,835Fees
0.590%Above
980
42
BAY EQUITY LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Exceptional
$2,346Fees
0.295%Above
896
43
First Mid Bank & Trust, National AssociationBank
Strong
Sound
Strong
Sound
Exceptional
$872Fees
0.176%Above
741
44
PRIMELENDING, A PLAINSCAPITAL COMPANYIndependent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Strong
$2,004Fees
0.555%Above
477
45
CIBM BankBank
Strong
Sound
Strong
Strong
Strong
$1,394Fees
0.491%Above
352
46
Regions BankBank
Strong
Sound
Exceptional
Sound
Strong
$1,214Fees
0.586%Above
345
47
T2 FINANCIAL LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Strong
$1,331Fees
0.369%Above
337
48
COMPASS MORTGAGE, INC.Independent Mortgage Company
Strong
Acceptable
Strong
Strong
Exceptional
$2,500Fees
0.580%Above
904
49
GUARANTEED RATE AFFINITY, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$1,993Fees
0.486%Above
838
50
PLAZA HOME MORTGAGE, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$1,553Fees
0.469%Above
418

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)

10
Pricing
Rate and fee competitiveness (25%)
10
Pull Through
Reliability in closing loans (25%)
10
Product
Specialization in the loan type (25%)
10
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.