--- title: Multifamily Lenders in Illinois: 301 Made Loans in 2024-25 url: https://lender.report/multifamily-lenders/illinois/ license: https://lender.report/license/ --- Multifamily ยท IL # Multifamily lenders in Illinois 301 lenders made at least one multifamily loan in Illinois in 2024 or 2025. JPMorgan Chase Bank, National Association made the most in 2025, with 292 of the 2,847 on record. **Evidence** Lender made at least one multifamily loan in Illinois in 2024 or 2025 (HMDA, manufactured-home parks excluded) **Data as of** HMDA 2025 **Page last changed** November 11, 2026 **Lenders on record** 301 HMDA, 2025 **Multifamily loans, 2025** 2,847 HMDA, 2025 Manufactured-home parks excluded **Dollars, 2025** $9.62B HMDA, 2025 **Loans, 2024** 2,212 HMDA, 2024 +28.7% in 2025 Cite this Source: The Lender Report, Multifamily lenders in Illinois, https://lender.report/multifamily-lenders/illinois/, data as of December 31, 2025. ## Describe a deal in Illinois 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 Illinois](https://lender.report/comps/?lane=multifamily&state=IL)[On this list? Find your page](https://lender.report/for-lenders/?from=market) | Lender | Kind | Based in | 2025 loans | 2025 dollars | 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 | 292 | $906M | 165 | | [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 | 140 | $115M | 124 | | [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 | 92 | $175M | 107 | | [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 | 79 | $196M | 91 | | [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 | 66 | $26.5M | 53 | | [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 | 58 | $60.2M | 24 | | [Marquette Bank](https://lender.report/lender/marquette-bank-il/) [multifamily record](https://lender.report/lender/marquette-bank-il/multifamily/) | Bank | Chicago, IL | 57 | $83.9M | 32 | | [Wintrust Bank, National Association](https://lender.report/lender/wintrust-bank-il/) [multifamily record](https://lender.report/lender/wintrust-bank-il/multifamily/) | Bank | Chicago, IL | 55 | $164M | 47 | | [Lakeside Bank](https://lender.report/lender/lakeside-bank-il/) [multifamily record](https://lender.report/lender/lakeside-bank-il/multifamily/) | Bank | Chicago, IL | 43 | $99.4M | 7 | | [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 | 40 | $44.7M | 37 | | [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 | 40 | $37.9M | 18 | | [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 | 40 | $15.1M | 15 | | [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 | 34 | $699M | 38 | | [Morton Community Bank](https://lender.report/lender/morton-community-bank-il/) [multifamily record](https://lender.report/lender/morton-community-bank-il/multifamily/) | Bank | Morton, IL | 33 | $80.0M | 40 | | [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 | 33 | $46.8M | 19 | | [Municipal Trust and Savings Bank](https://lender.report/lender/municipal-trust-and-savings-bank-il/) [multifamily record](https://lender.report/lender/municipal-trust-and-savings-bank-il/multifamily/) | Bank | Bourbonnais, IL | 30 | $12.1M | 37 | | [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 | 29 | $54.3M | 39 | | [FCB Banks](https://lender.report/lender/fcb-banks-il/) [multifamily record](https://lender.report/lender/fcb-banks-il/multifamily/) | Bank | Collinsville, IL | 29 | $32.2M | 28 | | [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 | 29 | $26.1M | 17 | | [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 | 28 | $333M | 28 | | [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 | 28 | $25.9M | 25 | | [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 | 27 | $30.3M | 7 | | [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 | 26 | $13.4M | 19 | | [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 | 26 | $48.1M | 16 | | [INB, National Association](https://lender.report/lender/inb-il/) [multifamily record](https://lender.report/lender/inb-il/multifamily/) | Bank | Springfield, IL | 26 | $30.3M | 13 | HMDA, 2025 [See all 301 multifamily lenders in Illinois in Loan Comps](https://lender.report/comps/?lane=multifamily&state=IL) - Lenders made 2,847 multifamily loans totaling $9.6B in Illinois in 2025, up from 2,212 loans totaling $6.8B in 2024. HMDA, 2025 - 156 of these loans (2024 and 2025) were made by lenders that have since merged or closed, or that the file lists under a name with no lender record here. They are counted in the totals here and appear in no lender's row. HMDA, 2025 - Banks and savings institutions made 2,162 of the 2025 loans, credit unions 190, and non-banks 426. HMDA, 2025 - The five most active lenders made 23.5% of Illinois's multifamily loans in 2025. HMDA, 2025 - JPMorgan Chase Bank, National Association made the most multifamily dollars in Illinois in 2025, at $906.3M. HMDA, 2025 - 155 of these lenders are based in Illinois. HMDA, 2025 - 59 lenders made a loan in Illinois in 2025 and none in 2024. HMDA, 2025 - 81 lenders made 10 or more loans in Illinois in 2025. HMDA, 2025 - The typical multifamily loan in Illinois was about $740K, with the middle half between $380K and $1.8M. HMDA, 2025 - Lenders reported a median rate of 6.64% on 3,142 loans in Illinois, with the middle half between 6.00% and 7.38%. HMDA, 2025 - The median term in Illinois was 5 years. HMDA, 2025 - 45% of multifamily loans in Illinois were refinancings. HMDA, 2025 - Most recorded loans in Illinois were in Cook County, IL (2,873), DuPage County, IL (168), Champaign County, IL (162). HMDA, 2025 ## How this list is defined **Measure** Multifamily loans made in Illinois **Period** 2024 and 2025 **Formula** Count, by lender, of HMDA records for multifamily dwellings of 5 or more units placed in Illinois, manufactured-home parks excluded. A lender is listed if it made at least one. **Order** Largest first by loans made in 2025, then loans in 2024, then dollars in 2025, then name. Payment is not part of the order. **As of** 2025 **Source** [HMDA](https://ffiec.cfpb.gov/data-browser/) **Data** [JSON version of this list](https://lender.report/rankings/multifamily-lenders-by-state.json) **Changelog** November 12, 2026: First published, with the data built on this date. Is your institution on this list? [Show your rank](https://lender.report/for-lenders/badge/). It carries the date and links back to this page. Multifamily loans finance buildings with five or more homes. HMDA is the one public file that lists them loan by loan. HMDA covers dwelling-secured loans. Amounts are the midpoints of $10,000 bands, and each loan has a year, never a date. Each lender is counted only where the public file places the loan. 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.