--- title: Lenders in Decatur, IL: 18 Made Multifamily Loans in 2024-25 url: https://lender.report/lenders-in/decatur-il/ license: https://lender.report/license/ --- Metro area ยท IL # Lenders in Decatur, IL 18 lenders made 46 multifamily loans in the Decatur, IL metro area in 2024 and 2025, $30.2M in all. Land of Lincoln Credit Union made the most, with 9. The typical loan was about $320K. **Evidence** Multifamily loans placed in the metro area, HMDA **Data as of** HMDA 2025 **Page last changed** November 11, 2026 **Lenders on record** 18 HMDA, 2025 **Multifamily loans, 2024-25** 46 HMDA, 2025 Manufactured-home parks excluded **Dollars** $30.2M HMDA, 2025 **Typical loan** $320K HMDA, 2025 Cite this Source: The Lender Report, Lenders in Decatur, IL, https://lender.report/lenders-in/decatur-il/, data as of December 31, 2025. ## Describe a deal in Decatur, 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 Decatur, IL](https://lender.report/comps/?lane=multifamily&metro=19500)[A lender in Decatur, IL? Find your page](https://lender.report/for-lenders/?from=market) | Lender | Kind | Based in | Loans | Dollars | 2025 loans | 2024 loans | | --- | --- | --- | --- | --- | --- | --- | | [Land of Lincoln Credit Union](https://lender.report/lender/land-of-lincoln-credit-union-il/) [multifamily record](https://lender.report/lender/land-of-lincoln-credit-union-il/multifamily/) | Credit union | Decatur, IL | 9 | $3.94M | 7 | 2 | | [First National Bank of Pana](https://lender.report/lender/first-national-bank-of-pana-il/) [multifamily record](https://lender.report/lender/first-national-bank-of-pana-il/multifamily/) | Bank | Pana, IL | 9 | $2.96M | 7 | 2 | | [First Mid Bank & Trust, National Association](https://lender.report/lender/first-mid-bank-and-trust-il/) [multifamily record](https://lender.report/lender/first-mid-bank-and-trust-il/multifamily/) | Bank | Mattoon, IL | 5 | $2.69M | 3 | 2 | | [Prairie State Bank and Trust](https://lender.report/lender/prairie-state-bank-and-trust-il/) [multifamily record](https://lender.report/lender/prairie-state-bank-and-trust-il/multifamily/) | Bank | Springfield, IL | 4 | $1.30M | 1 | 3 | | [INB, National Association](https://lender.report/lender/inb-il/) [multifamily record](https://lender.report/lender/inb-il/multifamily/) | Bank | Springfield, IL | 3 | $1.00M | 2 | 1 | | [WaterStone Bank, SSB](https://lender.report/lender/waterstone-bank-wi/) [multifamily record](https://lender.report/lender/waterstone-bank-wi/multifamily/) | Savings | Wauwatosa, WI | 2 | $2.86M | 0 | 2 | | [Scott State Bank](https://lender.report/lender/scott-state-bank-il/) [multifamily record](https://lender.report/lender/scott-state-bank-il/multifamily/) | Bank | Bethany, IL | 2 | $720K | 0 | 2 | | [Bank of Springfield](https://lender.report/lender/bank-of-springfield-il/) [multifamily record](https://lender.report/lender/bank-of-springfield-il/multifamily/) | Bank | Springfield, IL | 2 | $215K | 1 | 1 | | [Berkadia Commercial Mortgage](https://lender.report/lender/berkadia-commercial-mortgage-pa/) [multifamily record](https://lender.report/lender/berkadia-commercial-mortgage-pa/multifamily/) | Non-bank | Ambler, PA | 1 | $8.80M | 1 | 0 | | [Constitution Bank, National Association](https://lender.report/lender/constitution-bank-il/) [multifamily record](https://lender.report/lender/constitution-bank-il/multifamily/) | Bank | Hillsboro, IL | 1 | $1.70M | 0 | 1 | | [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 | 1 | $960K | 0 | 1 | | [Flanagan State Bank](https://lender.report/lender/flanagan-state-bank-il/) [multifamily record](https://lender.report/lender/flanagan-state-bank-il/multifamily/) | Bank | Flanagan, IL | 1 | $880K | 0 | 1 | | [Heartland Bank and Trust Company](https://lender.report/lender/heartland-bank-and-trust-il/) [multifamily record](https://lender.report/lender/heartland-bank-and-trust-il/multifamily/) | Bank | Bloomington, IL | 1 | $840K | 1 | 0 | | [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 | 1 | $460K | 1 | 0 | | [Re Investment Loans LLC](https://lender.report/lender/re-investment-loans-co/) [multifamily record](https://lender.report/lender/re-investment-loans-co/multifamily/) | Non-bank | Greenwood Village, CO | 1 | $440K | 1 | 0 | HMDA, 2025 [All 18 lenders in Decatur, IL, by loan size](https://lender.report/multifamily-lenders/decatur-il/) | County | Loans | Dollars | Lenders | | --- | --- | --- | --- | | [Macon County, IL](https://lender.report/lenders-in/illinois/macon-county/) | 45 | $21.3M | 17 | 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 | 41 | | $1M to $2.5M | 4 | | $2.5M to $5M | 0 | | $5M to $10M | 1 | | $10M or more | 0 | HMDA, 2025 - Lenders made 46 multifamily loans totaling $30.2M in Decatur, IL in 2024 and 2025. HMDA, 2025 - 28 of the loans were made in 2025 and 18 in 2024. HMDA, 2025 - The typical loan in Decatur, IL was about $320K, with the middle half between $200K and $700K. HMDA, 2025 - 41 of the loans were under $1M, and 1 were $5M or more. HMDA, 2025 - Lenders reported a median rate of 7.50% on 22 loans in Decatur, IL, with the middle half between 6.92% and 7.95%. HMDA, 2025 - The median term was 5 years. HMDA, 2025 - The median loan to value was 76%. HMDA, 2025 - 22% of the loans were refinancings and 72% were purchases. HMDA, 2025 - Banks and savings institutions made 34 of the loans, credit unions 9, and non-banks 3. HMDA, 2025 - The five most active lenders made 65.2% of the loans. HMDA, 2025 - The three most active lenders were Land of Lincoln Credit Union with 9, First National Bank of Pana with 9, and First Mid Bank & Trust, National Association with 5. HMDA, 2025 - 12 of the 18 lenders are based in Illinois. The rest are based elsewhere, most often in California, Colorado and Iowa. HMDA, 2025 - The most common property size was 5 to 24 units, with 38 loans. HMDA, 2025 - 1 county in the metro area has loans on record, and Macon County, IL has the most, with 45. HMDA, 2025 ## How this list is defined **Measure** Multifamily loans made in the Decatur, 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.