---
title: Multifamily Lenders in Elgin, IL, by Loan Size: 53 Lenders
url: https://lender.report/multifamily-lenders/elgin-il/
license: https://lender.report/license/
---

Multifamily · IL

# Multifamily lenders in Elgin, IL, by loan size

53 lenders made multifamily loans in the Elgin, IL metro area in 2024 and 2025. 28 made a loan under $1M, 20 made one of $5M or more, and 13 made only loans of $5M or more.

**Evidence**
Multifamily loans placed in the Elgin, IL metro area, HMDA

**Data as of**
HMDA 2025

**Page last changed**
November 11, 2026

**Lenders on record**
53

HMDA, 2025

**Loans under $1M**
61

HMDA, 2025

28 lenders

**Loans $1M to $5M**
41

HMDA, 2025

24 lenders

**Loans $5M or more**
26

HMDA, 2025

20 lenders

Cite this

Source: The Lender Report, Multifamily lenders in Elgin, IL, by loan size, https://lender.report/multifamily-lenders/elgin-il/, data as of December 31, 2025.

## Describe a deal in Elgin, IL

See which of these lenders made loans like yours, at your size and in your place. No account and no form.

[Show multifamily loans in Elgin, IL](https://lender.report/comps/?lane=multifamily&metro=20994)[On this list? Find your page](https://lender.report/for-lenders/?from=market)

| Lender | Kind | Based in | Loans | Under $1M | $1M to $2.5M | $2.5M to $5M | $5M to $10M | $10M or more | Refinances |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [First State Bank](https://lender.report/lender/first-state-bank-il/) [multifamily record](https://lender.report/lender/first-state-bank-il/multifamily/) | Bank | Mendota, IL | 15 | 9 | 4 | 1 | 1 | 0 | 3 |
| [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 | 10 | 10 | 0 | 0 | 0 | 0 | 5 |
| [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 | 7 | 3 | 2 | 2 | 0 | 0 | 6 |
| [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 | 6 | 3 | 1 | 2 | 0 | 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 | 6 | 4 | 2 | 0 | 0 | 0 | 1 |
| [Holcomb Bank](https://lender.report/lender/holcomb-bank-il/) [multifamily record](https://lender.report/lender/holcomb-bank-il/multifamily/) | Bank | Rochelle, IL | 5 | 3 | 1 | 1 | 0 | 0 | 1 |
| [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 | 4 | 0 | 0 | 0 | 0 | 4 | 4 |
| [St. Charles Bank & Trust Company, National Association](https://lender.report/lender/st-charles-bank-and-trust-il/) [multifamily record](https://lender.report/lender/st-charles-bank-and-trust-il/multifamily/) | Bank | Saint Charles, IL | 4 | 3 | 1 | 0 | 0 | 0 | 3 |
| [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 | 3 | 0 | 2 | 0 | 0 | 1 | 1 |
| [Bank of Pontiac](https://lender.report/lender/bank-of-pontiac-il/) [multifamily record](https://lender.report/lender/bank-of-pontiac-il/multifamily/) | Bank | Pontiac, IL | 3 | 1 | 2 | 0 | 0 | 0 | 1 |
| [FNBC Bank & Trust](https://lender.report/lender/fnbc-bank-and-trust-il/) [multifamily record](https://lender.report/lender/fnbc-bank-and-trust-il/multifamily/) | Bank | La Grange, IL | 3 | 1 | 2 | 0 | 0 | 0 | 0 |
| [American Community Bank & Trust](https://lender.report/lender/american-community-bank-and-trust-il/) [multifamily record](https://lender.report/lender/american-community-bank-and-trust-il/multifamily/) | Bank | Woodstock, IL | 3 | 3 | 0 | 0 | 0 | 0 | 3 |
| [CIBC Bank USA](https://lender.report/lender/cibc-bank-usa-il/) [multifamily record](https://lender.report/lender/cibc-bank-usa-il/multifamily/) | Bank | Chicago, IL | 2 | 0 | 0 | 0 | 0 | 2 | 2 |
| [Associated Bank, National Association](https://lender.report/lender/associated-bank-wi/) [multifamily record](https://lender.report/lender/associated-bank-wi/multifamily/) | Bank | Green Bay, WI | 2 | 0 | 0 | 0 | 0 | 2 | 0 |
| [Midland States Bank](https://lender.report/lender/midland-states-bank-il/) [multifamily record](https://lender.report/lender/midland-states-bank-il/multifamily/) | Bank | Effingham, IL | 2 | 0 | 0 | 0 | 1 | 1 | 0 |
| [First National Bank of Omaha](https://lender.report/lender/first-national-bank-of-omaha-ne/) [multifamily record](https://lender.report/lender/first-national-bank-of-omaha-ne/multifamily/) | Bank | Omaha, NE | 2 | 1 | 0 | 0 | 0 | 1 | 0 |
| [JLL Real Estate Capital, LLC](https://lender.report/lender/jll-real-estate-capital-mn/) [multifamily record](https://lender.report/lender/jll-real-estate-capital-mn/multifamily/) | Non-bank | St. Paul, MN | 2 | 0 | 0 | 1 | 0 | 1 | 0 |
| [Nicolet National Bank](https://lender.report/lender/nicolet-national-bank-wi/) [multifamily record](https://lender.report/lender/nicolet-national-bank-wi/multifamily/) | Bank | Green Bay, WI | 2 | 0 | 1 | 0 | 1 | 0 | 0 |
| [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 | 2 | 0 | 0 | 1 | 1 | 0 | 1 |
| [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 | 2 | 0 | 1 | 0 | 1 | 0 | 1 |
| [American Bank and Trust Company, National Association](https://lender.report/lender/american-bank-and-trust-ia/) [multifamily record](https://lender.report/lender/american-bank-and-trust-ia/multifamily/) | Bank | Davenport, IA | 2 | 1 | 0 | 1 | 0 | 0 | 0 |
| [Old Second National Bank](https://lender.report/lender/old-second-national-bank-il/) [multifamily record](https://lender.report/lender/old-second-national-bank-il/multifamily/) | Bank | Aurora, IL | 2 | 0 | 1 | 1 | 0 | 0 | 0 |
| [Prairie Community Bank](https://lender.report/lender/prairie-community-bank-il/) [multifamily record](https://lender.report/lender/prairie-community-bank-il/multifamily/) | Bank | Marengo, IL | 2 | 1 | 1 | 0 | 0 | 0 | 0 |
| [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 | 2 | 0 | 2 | 0 | 0 | 0 | 2 |
| [First American Bank](https://lender.report/lender/first-american-bank-il/) [multifamily record](https://lender.report/lender/first-american-bank-il/multifamily/) | Bank | Elk Grove Village, IL | 2 | 1 | 1 | 0 | 0 | 0 | 1 |
| [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 | 2 | 1 | 1 | 0 | 0 | 0 | 0 |
| [Lake Forest Bank & Trust Company, National Association](https://lender.report/lender/lake-forest-bank-and-trust-il/) [multifamily record](https://lender.report/lender/lake-forest-bank-and-trust-il/multifamily/) | Bank | Lake Forest, IL | 2 | 2 | 0 | 0 | 0 | 0 | 1 |
| [Resource Bank, National Association](https://lender.report/lender/resource-bank-il/) | Bank | Dekalb, IL | 2 | 2 | 0 | 0 | 0 | 0 | 0 |
| [Lument Structured Finance LLC](https://lender.report/lender/lument-structured-finance-oh/) [multifamily record](https://lender.report/lender/lument-structured-finance-oh/multifamily/) | Non-bank | Columbus, OH | 1 | 0 | 0 | 0 | 0 | 1 | 1 |
| [PNC Bank, National Association](https://lender.report/lender/pnc-bank-de/) [multifamily record](https://lender.report/lender/pnc-bank-de/multifamily/) | Bank | Wilmington, DE | 1 | 0 | 0 | 0 | 0 | 1 | 0 |
| [The Huntington National Bank](https://lender.report/lender/huntington-national-bank-oh/) [multifamily record](https://lender.report/lender/huntington-national-bank-oh/multifamily/) | Bank | Columbus, OH | 1 | 0 | 0 | 0 | 0 | 1 | 1 |
| [Wells Fargo Bank, National Association](https://lender.report/lender/wells-fargo-bank-sd/) [multifamily record](https://lender.report/lender/wells-fargo-bank-sd/multifamily/) | Bank | Sioux Falls, SD | 1 | 0 | 0 | 0 | 0 | 1 | 1 |
| [Greystone Servicing Corporation, Inc.](https://lender.report/lender/greystone-servicing-tn-memphis-kqgfmz98/) [multifamily record](https://lender.report/lender/greystone-servicing-tn-memphis-kqgfmz98/multifamily/) | Non-bank | Memphis, TN | 1 | 0 | 0 | 0 | 0 | 1 | 0 |
| [American Commercial Bank & Trust, National Association](https://lender.report/lender/american-commercial-bank-and-trust-il/) [multifamily record](https://lender.report/lender/american-commercial-bank-and-trust-il/multifamily/) | Bank | Ottawa, IL | 1 | 0 | 0 | 0 | 0 | 1 | 0 |
| [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 | 0 | 0 | 0 | 0 | 1 | 0 |
| [CBRE Multifamily Capital, Inc.](https://lender.report/lender/cbre-multifamily-capital-tx/) [multifamily record](https://lender.report/lender/cbre-multifamily-capital-tx/multifamily/) | Non-bank | Houston, TX | 1 | 0 | 0 | 0 | 0 | 1 | 1 |
| [Fifth Third Bank, National Association](https://lender.report/lender/fifth-third-bank-oh/) [multifamily record](https://lender.report/lender/fifth-third-bank-oh/multifamily/) | Bank | Cincinnati, OH | 1 | 0 | 0 | 0 | 1 | 0 | 0 |
| [EverBank, National Association](https://lender.report/lender/everbank-fl/) [multifamily record](https://lender.report/lender/everbank-fl/multifamily/) | Bank | Jacksonville, FL | 1 | 0 | 0 | 1 | 0 | 0 | 0 |
| [Schaumburg Bank & Trust Company, National Association](https://lender.report/lender/schaumburg-bank-and-trust-il/) [multifamily record](https://lender.report/lender/schaumburg-bank-and-trust-il/multifamily/) | Bank | Schaumburg, IL | 1 | 0 | 0 | 1 | 0 | 0 | 1 |
| [Verve, a Credit Union](https://lender.report/lender/verve-a-credit-union-wi/) [multifamily record](https://lender.report/lender/verve-a-credit-union-wi/multifamily/) | Credit union | Oshkosh, WI | 1 | 0 | 0 | 1 | 0 | 0 | 0 |
| [Village Bank and Trust, National Association](https://lender.report/lender/village-bank-and-trust-il/) [multifamily record](https://lender.report/lender/village-bank-and-trust-il/multifamily/) | Bank | Arlington Heights, IL | 1 | 0 | 1 | 0 | 0 | 0 | 0 |
| [First Merchants Bank](https://lender.report/lender/first-merchants-bank-in/) [multifamily record](https://lender.report/lender/first-merchants-bank-in/multifamily/) | Bank | Muncie, IN | 1 | 0 | 1 | 0 | 0 | 0 | 0 |
| [Lakeside Bank](https://lender.report/lender/lakeside-bank-il/) [multifamily record](https://lender.report/lender/lakeside-bank-il/multifamily/) | Bank | Chicago, IL | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| [TrustBank](https://lender.report/lender/trustbank-il/) [multifamily record](https://lender.report/lender/trustbank-il/multifamily/) | Bank | Olney, IL | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| [Grundy Bank](https://lender.report/lender/grundy-bank-il/) [multifamily record](https://lender.report/lender/grundy-bank-il/multifamily/) | Bank | Morris, IL | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| [Libertyville Bank & Trust Company, National Association](https://lender.report/lender/libertyville-bank-and-trust-il/) [multifamily record](https://lender.report/lender/libertyville-bank-and-trust-il/multifamily/) | Bank | Libertyville, IL | 1 | 1 | 0 | 0 | 0 | 0 | 1 |
| [Consumers Credit Union](https://lender.report/lender/consumers-credit-union-il/) [multifamily record](https://lender.report/lender/consumers-credit-union-il/multifamily/) | Credit union | lake Forest, IL | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| [International Bank of Chicago](https://lender.report/lender/international-bank-of-chicago-il/) [multifamily record](https://lender.report/lender/international-bank-of-chicago-il/multifamily/) | Bank | Chicago, IL | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| [Marquette Bank](https://lender.report/lender/marquette-bank-il/) [multifamily record](https://lender.report/lender/marquette-bank-il/multifamily/) | Bank | Chicago, IL | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| [Central Bank Illinois](https://lender.report/lender/central-bank-illinois-il/) [multifamily record](https://lender.report/lender/central-bank-illinois-il/multifamily/) | Bank | Geneseo, IL | 1 | 1 | 0 | 0 | 0 | 0 | 0 |

HMDA, 2025

[Check a deal in Elgin, IL in Loan Comps](https://lender.report/comps/?lane=multifamily&metro=20994)

Sizes are the amounts this site shows, rounded to 2 significant figures. A refinance counts both rate-and-term and cash-out loans.

- 28 lenders made a multifamily loan under $1M in Elgin, IL, 18 made one from $1M to $2.5M, and 11 from $2.5M to $5M. HMDA, 2025
- 6 lenders made a loan from $5M to $10M, and 15 made one of $10M or more. HMDA, 2025
- Walker & Dunlop, LLC made the most loans of $5M or more in Elgin, IL, with 4. HMDA, 2025
- 26 lenders made at least one refinancing in Elgin, IL, and 38 made at least one purchase loan. HMDA, 2025
- 6 lenders made 5 or more loans in Elgin, IL, and 25 made exactly one. HMDA, 2025
- The typical loan in Elgin, IL was about $1.2M, with the middle half between $520K and $3.4M. HMDA, 2025
- Lenders reported a median rate of 6.95% on 90 loans in Elgin, IL, with the middle half between 6.30% and 7.25%. HMDA, 2025
- 36% of the loans were refinancings and 59% were purchases. HMDA, 2025
- Banks and savings institutions made 103 of the loans, credit unions 6, and non-banks 17. HMDA, 2025
- 33 of the 53 lenders are based in Illinois. The rest are based elsewhere, most often in Ohio, Wisconsin and Indiana. HMDA, 2025

## How this list is defined

**Measure**
Multifamily loans made in the Elgin, IL metro area, by size

**Period**
2024 and 2025

**Formula**
Count, by lender, of HMDA records for multifamily dwellings placed in the metro area, split into five loan sizes of the amounts as this site shows them, 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.