Top Mortgage Lenders in Quincy, IL

Which mortgage lender in the Quincy, IL area typically has the best rates? To help you narrow down where to shop for a mortgage, MortgageWaldo.com provides an objective and data driven ranking of mortgage lenders operating in the Quincy, IL area by interest rate and market share. Unlike our competitors, we maintain independence by not accepting any compensation from the mortgage lenders we rank. We use data on all fixed rate mortgages that were closed in the past year to generate our rankings.

Going by historical data, the best mortgage lender in the Quincy, IL area in terms of interest rate is United Community Bank in Illinois, with an average “Rate Difference” of -0.24%. This means that, comparing similar borrowers, United Community Bank in Illinois provided a -0.24% lower interest rate for its customers than other lenders in the area. United Community Bank in Illinois has a market share of 33.3%. It is the most popular lender in the Quincy, IL area.

Our detailed ranking of mortgage lenders in the Quincy, IL area is shown in the table below. In the table, we also give our assessment of whether they are, on average, a cheap/expensive lender through a star rating system. You can choose to tailor our ranking table to a specific mortgage type (Conventional/Jumbo/FHA/VA) and purpose (purchase/refinance) through the drop-down menu. For example, the cheapest lender for Conventional mortgages in Quincy, IL is United Community Bank in Illinois. If you want to take out a loan that is above conforming limits (for example, above $548,250 in 2021), the cheapest Jumbo mortgage provider is First Bankers Trust Company National Association. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Town and Country Bank. The cheapest VA mortgage provider is also Town and Country Bank. Note that as a consumer advocate we always recommend shopping among several of our top ranked lenders in order to get the best rates and fees.

Ranking of Mortgage Lenders in Quincy, IL

Mortgage Type:
Purchase/Refinance:
Lender NameRate DifferenceRate RatingMarket Share
United Community Bank in Illinois-0.24%(4.5)33.33%
First Bankers Trust Company National Association0.06%(3.0)27.78%
Town and Country Bank0.08%(3.0)6.64%
Guild Mortgage Company0.11%(3.0)4.78%
US Bank0.17%(2.5)7.87%
Quicken Loans0.19%(2.5)13.43%
DelMar Financial Company0.23%(2.5)6.17%
Lender NameRate DifferenceRate RatingMarket Share
United Community Bank in Illinois-0.28%(5.0)31.57%
Town and Country Bank0.07%(3.0)9.09%
First Bankers Trust Company National Association0.10%(3.0)27.78%
Guild Mortgage Company0.10%(3.0)5.56%
US Bank0.16%(2.5)9.60%
Quicken Loans0.16%(2.5)7.32%
DelMar Financial Company0.23%(2.5)9.09%
Lender NameRate DifferenceRate RatingMarket Share
United Community Bank in Illinois-0.19%(4.5)36.11%
First Bankers Trust Company National Association0.01%(3.5)27.78%
Town and Country Bank0.07%(3.0)2.78%
DelMar Financial Company0.11%(3.0)1.59%
Guild Mortgage Company0.12%(3.0)3.57%
US Bank0.17%(2.5)5.16%
Quicken Loans0.21%(2.5)23.02%
Lender NameRate DifferenceRate RatingMarket Share
United Community Bank in Illinois-0.22%(4.5)39.59%
First Bankers Trust Company National Association0.09%(3.0)33.27%
Town and Country Bank0.11%(3.0)6.51%
DelMar Financial Company0.19%(2.5)2.42%
Guild Mortgage Company0.20%(2.5)2.60%
US Bank0.21%(2.5)7.62%
Quicken Loans0.31%(2.0)7.99%
Lender NameRate DifferenceRate RatingMarket Share
United Community Bank in Illinois-0.26%(5.0)37.85%
Town and Country Bank0.10%(3.0)8.62%
First Bankers Trust Company National Association0.13%(3.0)33.54%
DelMar Financial Company0.20%(2.5)3.38%
Guild Mortgage Company0.21%(2.5)3.08%
US Bank0.21%(2.5)9.23%
Quicken Loans0.27%(2.0)4.31%
Lender NameRate DifferenceRate RatingMarket Share
United Community Bank in Illinois-0.17%(4.5)42.25%
First Bankers Trust Company National Association0.03%(3.5)32.86%
Town and Country Bank0.09%(3.0)3.29%
DelMar Financial Company0.14%(3.0)0.94%
Guild Mortgage Company0.16%(2.5)1.88%
US Bank0.20%(2.5)5.16%
Quicken Loans0.33%(2.0)13.62%
Lender NameRate DifferenceRate RatingMarket Share
Town and Country Bank-0.09%(4.0)6.33%
Guild Mortgage Company-0.08%(4.0)20.25%
US Bank-0.05%(3.5)8.86%
Quicken Loans-0.04%(3.5)37.97%
DelMar Financial Company0.16%(2.5)26.58%
Lender NameRate DifferenceRate RatingMarket Share
Town and Country Bank-0.11%(4.0)9.09%
Guild Mortgage Company-0.11%(4.0)20.00%
US Bank-0.07%(4.0)10.91%
Quicken Loans-0.06%(4.0)21.82%
DelMar Financial Company0.14%(3.0)38.18%
Lender NameRate DifferenceRate RatingMarket Share
Guild Mortgage Company-0.01%(3.5)20.83%
Quicken Loans0.00%(3.5)75.00%
US Bank0.01%(3.5)4.17%
Lender NameRate DifferenceRate RatingMarket Share
First Bankers Trust Company National Association0.00%(3.5)100.00%
Lender NameRate DifferenceRate RatingMarket Share
First Bankers Trust Company National Association0.00%(3.5)100.00%
Insufficient data available.
Lender NameRate DifferenceRate RatingMarket Share
Town and Country Bank-0.03%(3.5)10.00%
United Community Bank in Illinois-0.01%(3.5)10.00%
Guild Mortgage Company-0.01%(3.5)3.33%
Quicken Loans0.00%(3.5)46.67%
DelMar Financial Company0.01%(3.5)20.00%
US Bank0.01%(3.5)10.00%
Lender NameRate DifferenceRate RatingMarket Share
Town and Country Bank-0.03%(3.5)20.00%
United Community Bank in Illinois-0.02%(3.5)13.33%
Guild Mortgage Company-0.01%(3.5)6.67%
Quicken Loans0.01%(3.5)20.00%
US Bank0.01%(3.5)13.33%
DelMar Financial Company0.01%(3.5)26.67%
Lender NameRate DifferenceRate RatingMarket Share
DelMar Financial Company-0.01%(3.5)13.33%
United Community Bank in Illinois-0.00%(3.5)6.67%
US Bank-0.00%(3.5)6.67%
Quicken Loans0.00%(3.5)73.33%

* Data is compiled for the Quincy, IL commuting zone area, which comprises of counties of Adams County, IL, Pike County, IL, Lewis County, MO, Marion County, MO, Pike County, MO, and Ralls County, MO. This includes cities/towns/communities of Quincy, IL as well as Hannibal, MO, Columbus, IL, Bowling Green, MO, Pittsfield, IL, Mendon, IL, Perry, MO, Clayton, IL, Paynesville, MO, New London, MO, Ashley, MO, Center, MO, Palmyra, MO, Ashburn, MO, Louisiana, MO, Canton, MO, Monroe City, MO, Pleasant Hill, IL, Perry, IL, Detroit, IL, Monticello, MO, La Belle, MO, La Grange, MO, and Hull, IL. Lenders must have made at least 30 loans in the area to be included. Source of the data is Federal Financial Institutions Examination Council (FFIEC). Rate Difference (the average difference of interest rates relative to those of other lenders) were computed by subtracting the rate at origination from the average predicted rate conditional on the commuting zone, borrower LTV, DTI, Loan Amount, Loan Type, and Loan Purpose, and then regularized based on a Bayesian approach to account for smaller sample sizes. Above-average mortgage closing costs were then added to the rate difference at a rate of +0.15/point. Star ratings were determined in intervals of 0.10% in rate difference per half star.

Mortgage Lender Rankings in Other Cities

This page contains information about the top mortgage lenders in the Quincy, IL area. For mortgage lender rankings in other cities, click here.