Top Mortgage Lenders in Rockford, IL

Which mortgage lender in the Rockford, IL area typically has the best rates? To help you narrow down where to shop for a mortgage, we provide a data driven ranking of mortgage lenders in the Rockford, IL area by interest rate and market share. We use data on all fixed rate mortgages that were closed in the past year to generate our rankings. We do not receive any compensation from lenders and strive to provide the most objective and authoritative ranking possible.

Based on our data, the cheapest overall lender in the Rockford, IL area is Associated Bank, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.16%. This means that Associated Bank provided a -0.16% lower interest rate for its customers than other lenders in Rockford, IL for a similar set of borrowers. Associated Bank has a market share of 2.3%. On the other hand, the most popular lender in the market is Blackhawk Bank, with a market share of 15.4%. Blackhawk Bank is an average rate lender in this area, with a “Rate Difference” of +0.03% relative to those of other lenders.

Our detailed rankings of the mortgage lenders for the Rockford, IL area is shown in the table below. In the table, we also give our assessment of whether they are, on average, a cheap/expensive lender through a star rating system. You can choose to tailor our ranking table to a specific mortgage type (Conventional/Jumbo/FHA/VA) and purpose (purchase/refinance) through the drop-down menu. For example, the cheapest lender for Conventional mortgages in Rockford, IL is Associated Bank. If you want to take out a loan that is above conforming limits (for example, above $510,400 in 2020), the cheapest Jumbo mortgage provider is Fifth Third Bank, National Association. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Us Bank. The cheapest VA mortgage provider is Navy Federal Credit Union. Nevertheless, to get the lowest rate for your mortgage, we would suggest shopping and negotiating among several of our top ranked lenders for your desired mortgage type and purpose.

Ranking of Mortgage Lenders in Rockford, IL

Mortgage Type:
Purchase/Refinance:
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Associated Bank 1, -0.16% 2.27%
Stillman BancCorp 2, -0.14% 5.84%
The First National Bank and Trust Company 3, -0.14% 2.00%
Merchants Bank 4, -0.12% 0.88%
Navy Federal Credit Union 5, -0.10% 0.69%
First State Bank 6, -0.10% 0.74%
Us Bank 7, -0.09% 5.57%
Usaa Federal Savings Bank 8, -0.06% 0.74%
First National Bank Of Omaha 9, -0.05% 1.22%
JPMorgan Chase Bank 10, -0.05% 2.67%
Guaranteed Rate Inc 11, -0.04% 1.20%
Barrington Bank & Trust 12, -0.03% 2.56%
First Centennial Mortgage Corp 13, -0.03% 1.16%
First State Mortgage Services 14, -0.03% 0.86%
Midwest Community Bank 15, -0.02% 12.54%
Plaza Home Mortgage Inc 16, -0.02% 0.78%
Pnc Bank 17, -0.02% 2.39%
Caliber Home Loans Inc 18, -0.02% 0.76%
Fifth Third Bank, National Association 19, -0.01% 1.36%
First Northern Credit Union 20, -0.00% 1.03%
Wells Fargo Bank 21, -0.00% 1.47%
Rock Valley Credit Union 22, 0.00% 1.37%
Homeside Financial 23, 0.01% 0.90%
Blackhawk Bank 24, 0.03% 15.40%
Carrington Mortgage Services 25, 0.04% 1.01%
Northwest Bank of Rockford 26, 0.04% 5.29%
New American Funding 27, 0.05% 0.67%
Finance of America Mortgage 28, 0.05% 1.22%
BMO Harris Bank 29, 0.06% 0.92%
Flagstar Bank 30, 0.07% 0.73%
LoanDepot 31, 0.07% 1.64%
Quicken Loans 32, 0.08% 8.82%
Platinum Home Mortgage Corporation 33, 0.08% 2.65%
Nationstar Mortgage 34, 0.10% 0.94%
Midland States Bank 35, 0.10% 6.55%
Academy Mortgage Corporation 36, 0.11% 3.15%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Associated Bank 1, -0.17% 2.11%
Us Bank 2, -0.14% 5.61%
Navy Federal Credit Union 3, -0.12% 0.92%
Wells Fargo Bank 4, -0.12% 1.37%
JPMorgan Chase Bank 5, -0.12% 2.49%
Pnc Bank 6, -0.11% 1.93%
The First National Bank and Trust Company 7, -0.09% 1.69%
Stillman BancCorp 8, -0.08% 4.07%
Fifth Third Bank, National Association 9, -0.08% 0.95%
Usaa Federal Savings Bank 10, -0.07% 0.98%
Merchants Bank 11, -0.07% 0.56%
First State Bank 12, -0.06% 0.56%
First National Bank Of Omaha 13, -0.06% 1.45%
Guaranteed Rate Inc 14, -0.05% 1.34%
Rock Valley Credit Union 15, -0.04% 0.39%
First Centennial Mortgage Corp 16, -0.04% 1.66%
Barrington Bank & Trust 17, -0.03% 3.53%
First State Mortgage Services 18, -0.03% 1.10%
Plaza Home Mortgage Inc 19, -0.03% 0.83%
First Northern Credit Union 20, -0.02% 1.25%
Quicken Loans 21, -0.01% 5.43%
Homeside Financial 22, -0.01% 0.77%
Midwest Community Bank 23, -0.00% 16.30%
Caliber Home Loans Inc 24, 0.00% 0.71%
Carrington Mortgage Services 25, 0.01% 0.15%
Blackhawk Bank 26, 0.05% 17.33%
Northwest Bank of Rockford 27, 0.06% 3.77%
Finance of America Mortgage 28, 0.06% 1.72%
BMO Harris Bank 29, 0.06% 0.77%
Nationstar Mortgage 30, 0.07% 0.45%
New American Funding 31, 0.08% 0.62%
Platinum Home Mortgage Corporation 32, 0.09% 3.62%
Flagstar Bank 33, 0.09% 0.83%
Midland States Bank 34, 0.10% 7.24%
Academy Mortgage Corporation 35, 0.12% 4.16%
LoanDepot 36, 0.12% 1.34%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
The First National Bank and Trust Company 1, -0.20% 2.57%
Stillman BancCorp 2, -0.19% 9.04%
Merchants Bank 3, -0.16% 1.44%
Midwest Community Bank 4, -0.14% 5.78%
First State Bank 5, -0.13% 1.07%
Associated Bank 6, -0.13% 2.57%
Caliber Home Loans Inc 7, -0.05% 0.86%
First National Bank Of Omaha 8, -0.04% 0.80%
Blackhawk Bank 9, -0.04% 11.93%
Guaranteed Rate Inc 10, -0.03% 0.96%
First State Mortgage Services 11, -0.01% 0.43%
Finance of America Mortgage 12, -0.01% 0.32%
Plaza Home Mortgage Inc 13, -0.01% 0.70%
Platinum Home Mortgage Corporation 14, -0.01% 0.91%
Usaa Federal Savings Bank 15, -0.01% 0.32%
Barrington Bank & Trust 16, -0.00% 0.80%
Navy Federal Credit Union 17, 0.01% 0.27%
New American Funding 18, 0.01% 0.75%
First Centennial Mortgage Corp 19, 0.01% 0.27%
Flagstar Bank 20, 0.02% 0.53%
Us Bank 21, 0.02% 5.51%
Rock Valley Credit Union 22, 0.02% 3.16%
LoanDepot 23, 0.02% 2.19%
Academy Mortgage Corporation 24, 0.04% 1.34%
Northwest Bank of Rockford 25, 0.04% 8.02%
Homeside Financial 26, 0.04% 1.12%
First Northern Credit Union 27, 0.04% 0.64%
Carrington Mortgage Services 28, 0.04% 2.57%
JPMorgan Chase Bank 29, 0.05% 2.99%
Fifth Third Bank, National Association 30, 0.05% 2.09%
BMO Harris Bank 31, 0.06% 1.18%
Pnc Bank 32, 0.07% 3.21%
Midland States Bank 33, 0.11% 5.29%
Nationstar Mortgage 34, 0.11% 1.82%
Quicken Loans 35, 0.14% 14.92%
Wells Fargo Bank 36, 0.17% 1.66%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Associated Bank 1, -0.17% 2.88%
Stillman BancCorp 2, -0.15% 7.46%
The First National Bank and Trust Company 3, -0.14% 2.70%
Merchants Bank 4, -0.12% 1.18%
First State Bank 5, -0.10% 1.00%
Us Bank 6, -0.09% 6.48%
First Centennial Mortgage Corp 7, -0.06% 0.85%
First National Bank Of Omaha 8, -0.06% 1.23%
JPMorgan Chase Bank 9, -0.05% 3.52%
Guaranteed Rate Inc 10, -0.05% 1.00%
Barrington Bank & Trust 11, -0.03% 2.06%
Usaa Federal Savings Bank 12, -0.03% 0.23%
Pnc Bank 13, -0.02% 2.96%
First State Mortgage Services 14, -0.02% 0.18%
Caliber Home Loans Inc 15, -0.01% 0.33%
Finance of America Mortgage 16, -0.01% 0.72%
Midwest Community Bank 17, -0.01% 12.40%
Fifth Third Bank, National Association 18, -0.01% 1.54%
Wells Fargo Bank 19, -0.01% 1.80%
First Northern Credit Union 20, -0.01% 1.39%
Rock Valley Credit Union 21, 0.00% 1.85%
Navy Federal Credit Union 22, 0.00% 0.26%
Flagstar Bank 23, 0.01% 0.26%
Homeside Financial 24, 0.02% 0.62%
Blackhawk Bank 25, 0.03% 18.19%
Plaza Home Mortgage Inc 26, 0.03% 0.36%
New American Funding 27, 0.04% 0.31%
LoanDepot 28, 0.04% 0.85%
Northwest Bank of Rockford 29, 0.05% 6.66%
Carrington Mortgage Services 30, 0.06% 0.28%
Platinum Home Mortgage Corporation 31, 0.06% 1.26%
BMO Harris Bank 32, 0.06% 1.18%
Midland States Bank 33, 0.13% 7.33%
Nationstar Mortgage 34, 0.14% 0.51%
Quicken Loans 35, 0.17% 5.99%
Academy Mortgage Corporation 36, 0.18% 2.14%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Associated Bank 1, -0.19% 2.77%
Us Bank 2, -0.16% 6.62%
Wells Fargo Bank 3, -0.14% 1.71%
JPMorgan Chase Bank 4, -0.13% 3.46%
Pnc Bank 5, -0.12% 2.39%
Fifth Third Bank, National Association 6, -0.10% 0.98%
The First National Bank and Trust Company 7, -0.10% 2.43%
Stillman BancCorp 8, -0.08% 5.16%
First Centennial Mortgage Corp 9, -0.08% 1.24%
Merchants Bank 10, -0.07% 0.81%
First State Bank 11, -0.07% 0.81%
First National Bank Of Omaha 12, -0.06% 1.54%
Guaranteed Rate Inc 13, -0.06% 1.15%
Rock Valley Credit Union 14, -0.05% 0.55%
Barrington Bank & Trust 15, -0.04% 3.03%
Usaa Federal Savings Bank 16, -0.04% 0.34%
First Northern Credit Union 17, -0.02% 1.79%
Caliber Home Loans Inc 18, -0.02% 0.38%
Homeside Financial 19, -0.01% 0.43%
Finance of America Mortgage 20, -0.01% 0.94%
First State Mortgage Services 21, -0.01% 0.13%
Navy Federal Credit Union 22, -0.00% 0.26%
Flagstar Bank 23, 0.02% 0.26%
Carrington Mortgage Services 24, 0.02% 0.04%
Midwest Community Bank 25, 0.02% 16.43%
Nationstar Mortgage 26, 0.03% 0.13%
New American Funding 27, 0.04% 0.30%
Plaza Home Mortgage Inc 28, 0.05% 0.38%
Blackhawk Bank 29, 0.05% 20.83%
LoanDepot 30, 0.06% 0.68%
Platinum Home Mortgage Corporation 31, 0.06% 1.71%
BMO Harris Bank 32, 0.07% 1.02%
Quicken Loans 33, 0.07% 3.37%
Northwest Bank of Rockford 34, 0.07% 4.78%
Midland States Bank 35, 0.14% 8.28%
Academy Mortgage Corporation 36, 0.20% 2.86%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
The First National Bank and Trust Company 1, -0.20% 3.11%
Stillman BancCorp 2, -0.19% 10.95%
Merchants Bank 3, -0.15% 1.75%
Midwest Community Bank 4, -0.15% 6.28%
Associated Bank 5, -0.13% 3.04%
First State Bank 6, -0.13% 1.30%
First National Bank Of Omaha 7, -0.05% 0.78%
Guaranteed Rate Inc 8, -0.04% 0.78%
Blackhawk Bank 9, -0.04% 14.18%
Barrington Bank & Trust 10, -0.03% 0.58%
First State Mortgage Services 11, -0.01% 0.26%
Plaza Home Mortgage Inc 12, -0.01% 0.32%
Finance of America Mortgage 13, -0.01% 0.39%
Caliber Home Loans Inc 14, -0.01% 0.26%
Usaa Federal Savings Bank 15, -0.00% 0.06%
Flagstar Bank 16, 0.00% 0.26%
Platinum Home Mortgage Corporation 17, 0.00% 0.58%
Navy Federal Credit Union 18, 0.01% 0.26%
Us Bank 19, 0.02% 6.28%
First Centennial Mortgage Corp 20, 0.02% 0.26%
Rock Valley Credit Union 21, 0.02% 3.82%
LoanDepot 22, 0.03% 1.10%
Northwest Bank of Rockford 23, 0.04% 9.52%
New American Funding 24, 0.04% 0.32%
First Northern Credit Union 25, 0.04% 0.78%
Homeside Financial 26, 0.05% 0.91%
JPMorgan Chase Bank 27, 0.05% 3.63%
Academy Mortgage Corporation 28, 0.05% 1.04%
Fifth Third Bank, National Association 29, 0.06% 2.40%
BMO Harris Bank 30, 0.06% 1.42%
Carrington Mortgage Services 31, 0.07% 0.65%
Pnc Bank 32, 0.08% 3.82%
Midland States Bank 33, 0.12% 5.89%
Nationstar Mortgage 34, 0.17% 1.10%
Wells Fargo Bank 35, 0.18% 1.94%
Quicken Loans 36, 0.23% 9.97%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Us Bank 1, -0.10% 2.29%
Midwest Community Bank 2, -0.09% 13.85%
Northwest Bank of Rockford 3, -0.07% 1.72%
Stillman BancCorp 4, -0.07% 1.53%
Plaza Home Mortgage Inc 5, -0.07% 1.91%
First National Bank Of Omaha 6, -0.06% 1.24%
Pnc Bank 7, -0.05% 0.57%
Midland States Bank 8, -0.05% 4.58%
Fifth Third Bank, National Association 9, -0.04% 0.38%
Quicken Loans 10, -0.03% 17.77%
Guaranteed Rate Inc 11, -0.03% 1.91%
Associated Bank 12, -0.03% 0.29%
Barrington Bank & Trust 13, -0.02% 4.68%
BMO Harris Bank 14, -0.02% 0.19%
First State Mortgage Services 15, -0.00% 2.10%
Caliber Home Loans Inc 16, 0.00% 1.62%
Homeside Financial 17, 0.01% 2.01%
JPMorgan Chase Bank 18, 0.01% 0.10%
First Centennial Mortgage Corp 19, 0.01% 2.48%
Carrington Mortgage Services 20, 0.03% 3.15%
Wells Fargo Bank 21, 0.03% 0.10%
Academy Mortgage Corporation 22, 0.03% 6.88%
Blackhawk Bank 23, 0.04% 7.93%
New American Funding 24, 0.07% 1.91%
Nationstar Mortgage 25, 0.08% 2.39%
Platinum Home Mortgage Corporation 26, 0.10% 8.12%
Flagstar Bank 27, 0.11% 2.10%
Finance of America Mortgage 28, 0.12% 2.87%
LoanDepot 29, 0.15% 3.34%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Us Bank 1, -0.12% 2.42%
Midwest Community Bank 2, -0.09% 16.71%
Northwest Bank of Rockford 3, -0.08% 1.82%
Plaza Home Mortgage Inc 4, -0.08% 1.82%
Quicken Loans 5, -0.07% 11.38%
Stillman BancCorp 6, -0.06% 1.94%
First National Bank Of Omaha 7, -0.06% 1.45%
Pnc Bank 8, -0.06% 0.61%
Midland States Bank 9, -0.05% 5.21%
Fifth Third Bank, National Association 10, -0.04% 0.48%
Guaranteed Rate Inc 11, -0.03% 2.06%
Barrington Bank & Trust 12, -0.03% 5.33%
Associated Bank 13, -0.03% 0.36%
BMO Harris Bank 14, -0.02% 0.24%
First State Mortgage Services 15, -0.00% 2.54%
Homeside Financial 16, 0.01% 1.94%
Carrington Mortgage Services 17, 0.01% 0.36%
JPMorgan Chase Bank 18, 0.02% 0.12%
First Centennial Mortgage Corp 19, 0.02% 3.03%
Caliber Home Loans Inc 20, 0.03% 1.33%
Academy Mortgage Corporation 21, 0.04% 7.63%
Blackhawk Bank 22, 0.04% 9.93%
Nationstar Mortgage 23, 0.10% 1.33%
Platinum Home Mortgage Corporation 24, 0.11% 9.56%
New American Funding 25, 0.12% 1.57%
Finance of America Mortgage 26, 0.12% 3.63%
Flagstar Bank 27, 0.13% 2.18%
LoanDepot 28, 0.19% 3.03%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Midwest Community Bank 1, -0.07% 3.17%
Caliber Home Loans Inc 2, -0.05% 2.71%
Platinum Home Mortgage Corporation 3, -0.05% 2.71%
Plaza Home Mortgage Inc 4, -0.04% 2.26%
Guaranteed Rate Inc 5, -0.02% 1.36%
Midland States Bank 6, -0.02% 2.26%
Pnc Bank 7, -0.02% 0.45%
New American Funding 8, -0.02% 3.17%
Us Bank 9, -0.01% 1.81%
First Centennial Mortgage Corp 10, -0.01% 0.45%
Quicken Loans 11, -0.01% 41.63%
First National Bank Of Omaha 12, -0.01% 0.45%
Northwest Bank of Rockford 13, -0.01% 1.36%
Blackhawk Bank 14, -0.01% 0.45%
Academy Mortgage Corporation 15, 0.00% 4.07%
First State Mortgage Services 16, 0.01% 0.45%
Homeside Financial 17, 0.01% 2.26%
Wells Fargo Bank 18, 0.02% 0.45%
Carrington Mortgage Services 19, 0.02% 13.57%
Barrington Bank & Trust 20, 0.03% 2.26%
Flagstar Bank 21, 0.04% 1.81%
Nationstar Mortgage 22, 0.06% 6.33%
LoanDepot 23, 0.06% 4.52%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Fifth Third Bank, National Association 1, -0.00% 66.67%
Pnc Bank 2, 0.00% 16.67%
Quicken Loans 3, 0.01% 16.67%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Fifth Third Bank, National Association 1, -0.00% 60.00%
Pnc Bank 2, 0.00% 20.00%
Quicken Loans 3, 0.01% 20.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Fifth Third Bank, National Association 1, 0.00% 100.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Navy Federal Credit Union 1, -0.13% 8.70%
Usaa Federal Savings Bank 2, -0.05% 10.03%
First State Mortgage Services 3, -0.04% 5.35%
Caliber Home Loans Inc 4, -0.03% 3.34%
Us Bank 5, -0.01% 5.35%
Fifth Third Bank, National Association 6, -0.01% 1.00%
Pnc Bank 7, -0.01% 1.00%
Associated Bank 8, -0.01% 1.34%
Blackhawk Bank 9, -0.00% 5.69%
LoanDepot 10, -0.00% 6.02%
Homeside Financial 11, 0.01% 0.67%
Guaranteed Rate Inc 12, 0.01% 1.34%
First Centennial Mortgage Corp 13, 0.01% 0.67%
First National Bank Of Omaha 14, 0.01% 1.00%
Wells Fargo Bank 15, 0.01% 2.01%
Barrington Bank & Trust 16, 0.01% 1.67%
Plaza Home Mortgage Inc 17, 0.01% 2.34%
Midwest Community Bank 18, 0.02% 10.03%
Nationstar Mortgage 19, 0.02% 1.34%
JPMorgan Chase Bank 20, 0.02% 0.67%
New American Funding 21, 0.02% 1.00%
Platinum Home Mortgage Corporation 22, 0.03% 1.67%
Midland States Bank 23, 0.03% 3.34%
Flagstar Bank 24, 0.04% 2.01%
Finance of America Mortgage 25, 0.04% 2.01%
Carrington Mortgage Services 26, 0.06% 3.01%
Quicken Loans 27, 0.08% 14.05%
Academy Mortgage Corporation 28, 0.08% 3.34%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Navy Federal Credit Union 1, -0.12% 12.82%
Usaa Federal Savings Bank 2, -0.05% 12.82%
First State Mortgage Services 3, -0.04% 6.67%
Us Bank 4, 0.00% 7.18%
Fifth Third Bank, National Association 5, 0.00% 1.03%
Pnc Bank 6, 0.01% 1.54%
Associated Bank 7, 0.01% 1.54%
Blackhawk Bank 8, 0.01% 7.18%
Guaranteed Rate Inc 9, 0.02% 0.51%
First Centennial Mortgage Corp 10, 0.03% 1.03%
First National Bank Of Omaha 11, 0.03% 0.51%
Wells Fargo Bank 12, 0.03% 3.08%
Plaza Home Mortgage Inc 13, 0.03% 2.05%
Caliber Home Loans Inc 14, 0.03% 2.05%
Barrington Bank & Trust 15, 0.03% 2.05%
Nationstar Mortgage 16, 0.03% 0.51%
Midwest Community Bank 17, 0.03% 13.33%
JPMorgan Chase Bank 18, 0.03% 1.03%
Platinum Home Mortgage Corporation 19, 0.04% 1.54%
New American Funding 20, 0.05% 0.51%
LoanDepot 21, 0.05% 2.05%
Midland States Bank 22, 0.06% 3.59%
Carrington Mortgage Services 23, 0.06% 0.51%
Finance of America Mortgage 24, 0.06% 3.08%
Quicken Loans 25, 0.06% 4.62%
Flagstar Bank 26, 0.08% 2.05%
Academy Mortgage Corporation 27, 0.09% 5.13%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Caliber Home Loans Inc 1, -0.10% 5.77%
LoanDepot 2, -0.04% 13.46%
First State Mortgage Services 3, -0.04% 2.88%
Flagstar Bank 4, -0.03% 1.92%
Blackhawk Bank 5, -0.03% 2.88%
Associated Bank 6, -0.03% 0.96%
Fifth Third Bank, National Association 7, -0.03% 0.96%
Barrington Bank & Trust 8, -0.03% 0.96%
Usaa Federal Savings Bank 9, -0.03% 4.81%
Navy Federal Credit Union 10, -0.02% 0.96%
Midwest Community Bank 11, -0.02% 3.85%
Homeside Financial 12, -0.02% 1.92%
Midland States Bank 13, -0.02% 2.88%
Us Bank 14, -0.02% 1.92%
Guaranteed Rate Inc 15, -0.02% 2.88%
First National Bank Of Omaha 16, -0.02% 1.92%
Plaza Home Mortgage Inc 17, -0.01% 2.88%
New American Funding 18, -0.01% 1.92%
Nationstar Mortgage 19, -0.01% 2.88%
Platinum Home Mortgage Corporation 20, -0.00% 1.92%
Carrington Mortgage Services 21, 0.04% 7.69%
Quicken Loans 22, 0.06% 31.73%

* Data is compiled for the Rockford, IL commuting zone area, which comprises of counties of Boone County, IL, Carroll County, IL, Lee County, IL, Ogle County, IL, Stephenson County, IL, Whiteside County, IL, and Winnebago County, IL. This includes cities/towns/communities of Rockford, IL as well as Roscoe, IL, Belvidere, IL, Machesney Park, IL, Loves Park, IL, Timberlane, IL, Freeport, IL, Rockton, IL, Sterling, IL, Durand, IL, Dixon, IL, Rochelle, IL, Winnebago, IL, New Milford, IL, Hillcrest, IL, Rock Falls, IL, Pecatonica, IL, Byron, IL, Lost Nation, IL, Shannon, IL, Cedarville, IL, Leaf River, IL, Lake Summerset, IL, Creston, IL, Poplar Grove, IL, Mount Morris, IL, Lyndon, IL, Oregon, IL, Fulton, IL, Morrison, IL, Albany, IL, Paw Paw, IL, South Beloit, IL, Orangeville, IL, Grand Detour, IL, Franklin Grove, IL, Como, IL, Savanna, IL, Ashton, IL, Winslow, IL, Adeline, IL, Amboy, IL, Pearl City, IL, Prophetstown, IL, Tampico, IL, Nelson, IL, Thomson, IL, Lanark, IL, and Mount Carroll, IL. Lenders must have made at least 30 loans in the area to be included. Source for the data comes from Federal Financial Institutions Examination Council (FFIEC). Rate Difference (the average difference of interest rates relative to those of other lenders) were computed by subtracting the rate at origination from the average predicted rate based on the MSA, borrower LTV, DTI, Loan Amount, Loan Type, and Loan Purpose, and then regularized based on a Bayesian approach to account for smaller sample sizes. Above-average mortgage closing costs were then added to the rate difference at a rate of +0.15/point. Star ratings were determined in intervals of 0.10% in rate difference per half star.

Mortgage Lender Rankings for Other Cities

This page ranks the top mortgage lenders in the Rockford, IL area. For mortgage lender rankings of other cities, click here.