The 7 Best Loan Agencies in Chicago

Finding the right loan agency in a bustling city like Chicago can be overwhelming. With numerous options available, it’s crucial to choose an agency that aligns with your financial needs and goals. This guide explores the 7 best loan agencies in Chicago, helping you make an informed decision.

Before diving into our top picks, consider the range of services these agencies may offer:

  • Personal Loans: Ideal for unexpected expenses or personal projects.
  • Home Equity Loans: Use your home’s equity as collateral.
  • Auto Loans: Financing options for purchasing vehicles.
  • Business Loans: Tailored solutions for business growth and development.
  • Student Loans: Assistance for educational expenses.
  • Debt Consolidation: Combine multiple debts into a single payment.

When selecting a loan agency, consider the following aspects:

  • Interest Rates: Look for competitive rates to reduce overall costs.
  • Loan Terms: Understand the repayment period and conditions.
  • Fees and Charges: Be aware of any additional fees.
  • Customer Service: Ensure responsive and helpful support.
  • Reputation: Check reviews and ratings for credibility.
  • Flexibility: Look for customizable loan options.

Explore our comprehensive list to find the best fit for your financial needs in Chicago.

7

Number of companies

2367

Verified reviews

4,94

Average rating

Integra Credit
(855)3455550

1. Integra Credit

★ ★ ★ ★ ★ 4,6/5
120 S La Salle St # 1600, 60603.0, Chicago
  • Loan agency

Why we chose them

Integra Credit, a Chicago-based startup, is revolutionizing the online subprime lending market with innovative, flexible installment and open-ended credit products. Founded by a team with over 30 years of combined industry experience, the company aims to disrupt the stagnant lending industry by offering much-needed, compliant solutions to consumers. Their cutting-edge consumer lending platform, underpinned by a sophisticated analytics framework, is designed to provide small-dollar, affordable personal loans to millions in need.

This dynamic loan agency is carving out a niche by addressing the gaps left by traditional lenders, ensuring that consumers have access to flexible credit options. With a focus on providing a seamless and responsive lending experience, Integra Credit is committed to transforming the way credit products are offered, empowering individuals with the financial tools they need to manage their personal finances effectively.

See more
Jason Accola
(312)6464221

2. Jason Accola

★ ★ ★ ★ ★ 5,0/5
Wintrust Mortgage, 231 S La Salle St 4th Floor, 60601.0, Chicago
  • Mortgage lender

Why we chose them

Jason Accola, a Senior Mortgage Consultant with Wintrust Mortgage, has been a significant force in the mortgage industry since 2012. Renowned for his expertise in down payment and closing costs assistance programs, he has been honored with the Governor’s Award by the Illinois Housing Development Authority as the top mortgage originator in Illinois. Accola’s commitment to assisting first-time and repeat buyers has earned him accolades such as the President’s Circle and President’s Award at Wintrust Mortgage, and he has been featured in Chicago Agent Magazine’s Who’s Who in Chicago Real Estate and on WGN’s Money Matters. Recognized as one of the Top 50 Most Influential Mortgage Experts in America by MoneyTips, he consistently ranks in the Top 1% of Mortgage Originators in America by Mortgage Executive Magazine.

Specializing in various mortgage services, including home renovation financing with FHA 203(k) and Fannie Mae HomeStyle products, Jason Accola expertly guides clients through buying, building, refinancing, or renovating their homes. His work with veterans has been particularly impactful, earning him the Best Veterans’ Advocate Loan Officer award in Illinois by the Illinois Mortgage Bankers Association. He was instrumental in creating the A.S.K. (Armed Services Knowledge) program, which gained national attention. As an Eagle Scout and a University of Illinois Urbana-Champaign graduate, Accola combines dedication and knowledge to meet the diverse needs of families across Illinois, Wisconsin, and Indiana, having funded over $190 million in loans to date.

See more
Ben Cohen of Rate
(312)3395533

3. Ben Cohen of Rate

★ ★ ★ ★ ★ 5,0/5
3940 N Ravenswood Ave, 60613.0, Chicago
  • Mortgage lender

Why we chose them

Ben Cohen of Rate stands out in the mortgage lending industry by offering a streamlined and efficient approval process that helps clients secure their dream homes quickly. Known for his expertise in handling diverse financial situations, Ben Cohen caters to a wide range of clients, from those with non-traditional incomes to first-time homebuyers. His strategic approach ensures clients receive favorable loan terms and a swift closing process. Consistently ranked among the top five loan originators in the United States, Ben’s reputation speaks volumes about his commitment to client success.

With a comprehensive suite of services including mortgage lending, refinancing, cash-out refinancing, HELOCs, and personal loans, the company provides tailored solutions for every borrower. Their team, known for exceptional communication and problem-solving skills, supports clients in navigating the complexities of residential loans. Leveraging advanced technology and strong industry relationships, they empower clients to win listings and close deals efficiently. The company’s dedication to excellence makes it a preferred partner for both homebuyers and agents across all 50 states.

See more
Lakeside Bank
(312)3390024

4. Lakeside Bank

★ ★ ★ ★ ★ 5,0/5
2800 N Ashland Ave, 60657.0, Chicago
  • Mortgage lender
  • Mortgage broker

Why we chose them

Jim Pomposelli – Lakeside Bank stands out as a premier choice in the realm of mortgage lending and mortgage brokerage. Known for their expertise and customer-centric approach, the company has established a reputation for guiding clients through the often complex world of home financing with ease and confidence. Their commitment to providing personalized solutions ensures that each client receives tailored advice and options that best fit their financial situation and homeownership goals.

Selected for our directory due to their dedication to excellence, the company consistently demonstrates a high level of professionalism and integrity. With a focus on simplifying the mortgage process, they empower clients with the knowledge and support needed to make informed decisions. This dedication to service and expertise makes them a trusted partner for anyone navigating the mortgage landscape.

See more
Connor Keough Mortgage Broker
(708)2978045

5. Connor Keough Mortgage Broker

★ ★ ★ ★ ★ 5,0/5
3520 S Morgan St Suite 231, 60609.0, Chicago
  • Mortgage lender
  • Loan agency
  • Mortgage broker

Why we chose them

Connor Keough Mortgage Broker stands out for its comprehensive range of services in the mortgage industry, including roles as a mortgage lender, loan agency, and mortgage broker. This company has been selected for our directory due to its expertise and commitment to facilitating the home-buying process for clients. By offering tailored mortgage solutions, they effectively guide clients through the complexities of securing loans, ensuring a seamless experience.

Recognized for its personalized service, the company excels in understanding the unique financial needs of each client. Their team provides expert advice and support, making them a reliable choice for anyone seeking mortgage assistance. This dedication to client satisfaction and comprehensive service offerings highlights why they are a valued addition to our directory.

See more
Fairway Independent Mortgage Corp
(708)3085509

6. Fairway Independent Mortgage Corp

★ ★ ★ ★ ★ 5,0/5
415 N La Salle Dr #402, 60654.0, Chicago
  • Mortgage lender
  • Mortgage broker

Why we chose them

Kevin Flaherty, Mortgage Advisor – Fairway Independent Mortgage Corp. is a distinguished mortgage lender and broker based in Chicago, IL. Kevin specializes in helping homeowners make informed decisions regarding their mortgage strategies, enabling them to reduce interest payments over the life of their loan, manage high-interest debt, and enhance their overall net worth. By offering a personalized and personable approach, Kevin assists a diverse range of clients, including first-time homebuyers, those looking to upgrade or downsize, and seasoned real estate investors. His comprehensive guidance ensures that clients are well-equipped to navigate the complexities of the home-buying process.

As part of Fairway Independent Mortgage Corporation, Kevin is backed by a team dedicated to providing a variety of loan options with competitive rates and terms to meet specific client needs. The company values a client-centered approach, focusing on guiding borrowers through every step of the mortgage process, from application to closing. Fairway is committed to delivering the speed and service clients deserve, ensuring a smooth and efficient experience. With a strong emphasis on core values, the team strives to serve clients, team members, and the community with integrity and excellence.

See more
Fairway Independent Mortgage Corporation
(866)4857442

7. Fairway Independent Mortgage Corporation

★ ★ ★ ★ ★ 5,0/5
20 W Kinzie St Suite 12027, 60654.0, Chicago
  • Mortgage lender

Why we chose them

Aaron Gosser – Fairway Independent Mortgage Corporation Branch Manager offers expert mortgage lending services, providing a wide range of loan options tailored to meet diverse client needs. Located in Chicago, IL, Aaron T Gosser and his team are committed to guiding clients through the mortgage process, ensuring a seamless journey from application to closing. The company prides itself on delivering the speed and service necessary to achieve homeownership, with a focus on finding loans with favorable rates, terms, and costs. Their dedication to customer satisfaction and personalized service makes them a standout choice in the mortgage industry.

The company emphasizes a client-first approach, supported by Fairway’s core values, which guide interactions with clients and the community. They offer comprehensive resources such as the Homeownership Hub, which assists clients throughout the home-buying process. The team also provides financial solutions for home improvement and debt consolidation through partnerships with reputable lenders. With a commitment to excellence and a wide array of loan products, Aaron Gosser and his team are well-equipped to assist clients in achieving their financial goals.

See more

FAQs

What services do loan agencies in Chicago typically offer?

Loan agencies in Chicago generally offer personal loans, auto loans, business loans, mortgage loans, and refinancing options. They may also provide financial consultations and credit improvement advice.

How much do loan agency services cost in Chicago?

The cost of services from loan agencies in Chicago can vary. Generally, origination fees for personal loans can range from 1% to 6% of the loan amount, typically between €50 to €300, depending on the loan size.

What is the typical timeline for getting a loan from an agency in Chicago?

The timeline for obtaining a loan can vary based on the type of loan and the agency. Generally, personal and auto loans can be processed within a few days, while mortgage loans may take several weeks to finalize.

How do I choose a reliable loan agency in Chicago?

To choose a reliable loan agency, research their reputation, read customer reviews, check their licensing and accreditation, and compare their rates and terms with other agencies.

What factors should I consider when selecting a loan agency?

Consider the agency's interest rates, fees, loan terms, customer service, and the range of loan products offered. It's also important to assess their transparency and responsiveness to your inquiries.

Are there specific qualifications needed to apply for a loan in Chicago?

Most loan agencies require applicants to have a stable income, a good credit score, and a valid form of identification. Specific qualifications may vary depending on the type of loan and the agency's policies.

Can I apply for a loan online with agencies in Chicago?

Yes, many loan agencies in Chicago offer online applications for convenience. This allows you to submit your documents and information digitally, streamlining the application process.

What is the average interest rate for loans in Chicago?

The average interest rate for personal loans in Chicago typically ranges from 5% to 36%, depending on the borrower's credit score and the loan terms. Mortgage rates usually range from 3% to 5%.

Profesionales relacionados

Publish a company