--- title: Lenders in Chicago, IL: 173 Made Multifamily Loans in 2024-25 url: https://lender.report/lenders-in/chicago-il/ license: https://lender.report/license/ --- Metro area ยท IL # Lenders in Chicago, IL 173 lenders made 3,218 multifamily loans in the Chicago-Naperville-Schaumburg, IL metro area in 2024 and 2025, $12.5B in all. JPMorgan Chase Bank, National Association made the most, with 451. The typical loan was about $980K. **Evidence** Multifamily loans placed in the metro area, HMDA **Data as of** HMDA 2025 **Page last changed** November 11, 2026 **Lenders on record** 173 HMDA, 2025 **Multifamily loans, 2024-25** 3,218 HMDA, 2025 Manufactured-home parks excluded **Dollars** $12.5B HMDA, 2025 **Typical loan** $980K HMDA, 2025 Cite this Source: The Lender Report, Lenders in Chicago, IL, https://lender.report/lenders-in/chicago-il/, data as of December 31, 2025. ## Describe a deal in Chicago, IL This page lists who has made multifamily loans here. Loan Comps shows who has made a loan like yours, with the loans to prove it. [Start with a deal in Chicago, IL](https://lender.report/comps/?lane=multifamily&metro=16984)[A lender in Chicago, IL? Find your page](https://lender.report/for-lenders/?from=market) | Lender | Kind | Based in | Loans | Dollars | 2025 loans | 2024 loans | | --- | --- | --- | --- | --- | --- | --- | | [JPMorgan Chase Bank, National Association](https://lender.report/lender/jpmorgan-chase-bank-oh/) [multifamily record](https://lender.report/lender/jpmorgan-chase-bank-oh/multifamily/) | Bank | Columbus, OH | 451 | $1.46B | 289 | 162 | | [U.S. Bank National Association](https://lender.report/lender/u-s-bank-oh/) [multifamily record](https://lender.report/lender/u-s-bank-oh/multifamily/) | Bank | Cincinnati, OH | 242 | $187M | 129 | 113 | | [RF Renovo Management Company, LLC](https://lender.report/lender/rf-renovo-management-il/) [multifamily record](https://lender.report/lender/rf-renovo-management-il/multifamily/) | Non-bank | Chicago, IL | 183 | $268M | 82 | 101 | | [Old National Bank](https://lender.report/lender/old-national-bank-in/) [multifamily record](https://lender.report/lender/old-national-bank-in/multifamily/) | Bank | Evansville, IN | 141 | $279M | 71 | 70 | | [Wintrust Bank, National Association](https://lender.report/lender/wintrust-bank-il/) [multifamily record](https://lender.report/lender/wintrust-bank-il/multifamily/) | Bank | Chicago, IL | 98 | $296M | 54 | 44 | | [Marquette Bank](https://lender.report/lender/marquette-bank-il/) [multifamily record](https://lender.report/lender/marquette-bank-il/multifamily/) | Bank | Chicago, IL | 86 | $128M | 56 | 30 | | [First National Bank of Brookfield](https://lender.report/lender/first-national-bank-of-brookfield-il/) [multifamily record](https://lender.report/lender/first-national-bank-of-brookfield-il/multifamily/) | Bank | Brookfield, IL | 79 | $77.7M | 56 | 23 | | [Providence Bank & Trust](https://lender.report/lender/providence-bank-and-trust-il/) [multifamily record](https://lender.report/lender/providence-bank-and-trust-il/multifamily/) | Bank | South Holland, IL | 67 | $58.6M | 35 | 32 | | [Selfreliance Credit Union](https://lender.report/lender/selfreliance-credit-union-il/) [multifamily record](https://lender.report/lender/selfreliance-credit-union-il/multifamily/) | Credit union | Chicago, IL | 54 | $52.8M | 36 | 18 | | [Lument Real Estate Capital](https://lender.report/lender/lument-real-estate-capital-oh/) [multifamily record](https://lender.report/lender/lument-real-estate-capital-oh/multifamily/) | Non-bank | Columbus, OH | 51 | $476M | 24 | 27 | | [Northbrook Bank and Trust Company, National Association](https://lender.report/lender/northbrook-bank-and-trust-il/) [multifamily record](https://lender.report/lender/northbrook-bank-and-trust-il/multifamily/) | Bank | Northbrook, IL | 50 | $62.5M | 31 | 19 | | [Walker & Dunlop, LLC](https://lender.report/lender/walker-and-dunlop-md/) [multifamily record](https://lender.report/lender/walker-and-dunlop-md/multifamily/) | Non-bank | Bethesda, MD | 48 | $845M | 18 | 30 | | [Hinsdale Bank & Trust Company, National Association](https://lender.report/lender/hinsdale-bank-and-trust-il/) [multifamily record](https://lender.report/lender/hinsdale-bank-and-trust-il/multifamily/) | Bank | Hinsdale, IL | 48 | $57.7M | 26 | 22 | | [Lakeside Bank](https://lender.report/lender/lakeside-bank-il/) [multifamily record](https://lender.report/lender/lakeside-bank-il/multifamily/) | Bank | Chicago, IL | 47 | $98.1M | 40 | 7 | | [Velocity Commercial Capital LLC](https://lender.report/lender/velocity-commercial-capital-ca/) [multifamily record](https://lender.report/lender/velocity-commercial-capital-ca/multifamily/) | Non-bank | Westlake Village, CA | 43 | $16.9M | 29 | 14 | HMDA, 2025 [All 173 lenders in Chicago, IL, by loan size](https://lender.report/multifamily-lenders/chicago-il/) | County | Loans | Dollars | Lenders | | --- | --- | --- | --- | | [Cook County, IL](https://lender.report/lenders-in/illinois/cook-county/) | 2,873 | $10.1B | 160 | | [DuPage County, IL](https://lender.report/lenders-in/illinois/dupage-county/) | 168 | $1.13B | 53 | | [Will County, IL](https://lender.report/lenders-in/illinois/will-county/) | 89 | $381M | 42 | | [McHenry County, IL](https://lender.report/lenders-in/illinois/mchenry-county/) | 47 | $447M | 22 | | Grundy County, IL | 18 | $30.3M | 10 | HMDA, 2025 A county is listed for a year only when the public file holds 5 or more multifamily loans there that year. | Loan size | Loans | | --- | --- | | Under $1M | 1,612 | | $1M to $2.5M | 862 | | $2.5M to $5M | 320 | | $5M to $10M | 207 | | $10M or more | 217 | HMDA, 2025 - Lenders made 3,218 multifamily loans totaling $12.5B in Chicago, IL in 2024 and 2025. HMDA, 2025 - 78 of these loans were made by lenders that have since merged or closed. They are counted in the totals here and appear in no lender's row. HMDA, 2025 - 1,843 of the loans were made in 2025 and 1,375 in 2024. HMDA, 2025 - The typical loan in Chicago, IL was about $980K, with the middle half between $520K and $2.2M. HMDA, 2025 - 1,612 of the loans were under $1M, and 424 were $5M or more. HMDA, 2025 - Lenders reported a median rate of 6.42% on 2,153 loans in Chicago, IL, with the middle half between 5.92% and 7.13%. HMDA, 2025 - The median term was 5 years. HMDA, 2025 - The median loan to value was 65%. HMDA, 2025 - 49% of the loans were refinancings and 48% were purchases. HMDA, 2025 - Banks and savings institutions made 2,292 of the loans, credit unions 227, and non-banks 621. HMDA, 2025 - The five most active lenders made 34.6% of the loans. HMDA, 2025 - The three most active lenders were JPMorgan Chase Bank, National Association with 451, U.S. Bank National Association with 242, and RF Renovo Management Company, LLC with 183. HMDA, 2025 - 80 of the 173 lenders are based in Illinois. The rest are based elsewhere, most often in California, New York and Ohio. HMDA, 2025 - The most common property size was 5 to 24 units, with 2,493 loans. HMDA, 2025 - 5 counties in the metro area have loans on record, and Cook County, IL has the most, with 2,873. HMDA, 2025 ## How this list is defined **Measure** Multifamily loans made in the Chicago, IL metro area **Period** 2024 and 2025 **Formula** Count, by lender, of HMDA records for multifamily dwellings of 5 or more units placed in the metro area, manufactured-home parks excluded, for each year in which the public file holds 5 or more such loans there. **Order** Largest first by loans recorded in the place, then dollars, then name. Payment is not part of the order. **As of** 2025 **Source** [HMDA](https://ffiec.cfpb.gov/data-browser/) **Changelog** November 12, 2026: First published, with the data built on this date. ## What we don't know - Whether any of these lenders is taking new loans today. - What they charge or require beyond the rate and term that HMDA reports. - Loans on office, retail, industrial or hotel property. HMDA covers dwelling-secured loans only. A metro area or county is named for a year only when the public file holds 5 or more multifamily loans there that year, so a small place is never exposed by a count. HMDA covers dwelling-secured loans. Amounts are the midpoints of $10,000 bands, and each loan has a year, never a date. Lenders that merged or stopped filing are left out. Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. [Report a problem](https://lender.report/report/) Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.