Bank Mortgage Lenders and Mortgage Rates in Illinois

The top mortgage lenders in Illinois are also predominantly the largest banks in the U.S.  The majority of the top 15 biggest U.S banks that offer retail mortgages either through bank branches or online offer mortgage loans in Illinois. 

The largest US banks with retail mortgage operations include: Chase Bank, Bank of America, Citibank, Wells Fargo, US Bank, HSBC Bank, SunTrust Bank, BB & T Bank, PNC Bank, Regions Bank, Capital One, RBS Citizens Bank, Fifth Third Bank, TD Bank and KeyBank.  Only BB&T Bank, TD Bank and Capital One do not provide direct mortgage lending in Illinois.

Focusing on the top five largest US banks and their mortgage products in Illinois leaves Chase Bank, Bank of America, Citibank, Wells Fargo and US Bank.  The following are a sample of the mortgage rates available in Illinois from these five financial institutions February 11, 2010.

Chase mortgage rates Illinois:

30 year 4.875% 1.5 points 5.058%.
15 year 4.250% 1.75 points 4.598%.
5/1 adjustable rate mortgage 4.000% 1.0 points 3.563%.
Chase mortgage loan officers can be reached at 800-873-6577.

Wells Fargo mortgage rates Illinois:

30 year 5.000% 1.0 points 5.154%.
15 year 4.250% 1.0 points 4.510%.
5/1 adjustable rate mortgage 4.000% 1.0 points 3.575%.
Wells Fargo mortgage specialists can be reached at 877-937-9357.

Bank of America mortgage rates Illinois:

30 year 5.000% 1.0 points 5.140%.
15 year 4.250% 1.375 points 4.548%.
5/1 adjustable rate mortgage 3.875% 1.125 points 3.534%.
Bank of America mortgage customer service representative can be contacted at 800-990-6248.

Citibank mortgage rates Illinois:

30 year 5.125% 0.125 points 5.205%.
15 year 4.500% 0.125 points 4.636%.
A Citibank mortgage representative can be reached at 866-533-2486.

US Bank mortgage rates Illinois:

30 year 5.125% 0.0 points 5.192%.
15 year 4.500% 0.0 points 4.612%.
5/1 adjustable rate mortgage 3.500% 1.0 points 3.723%.
US Bank mortgage contact number is 888-831-7524.

The 5/1 adjustable rate loans have interest rates that are subject to potential increases over the life of the loan, once the initial fixed-rate period expires.

Information displayed is accurate as of the date of publication and is subject to change without notice, the accuracy of the information is not guaranteed.  Mortgage rates published are the current mortgage rates for a single-family, primary residence based on excellent credit and 20% down payment.  All home loans are subject to additional conditions and bank approval.