Top 3 Mortgage Lenders in Oakland

First Mid Bank & Trust is a highly-rated regional bank with strong presence throughout east-central Illinois, serving Oakland and surrounding rural communities. With over 150 years of banking experience, they offer personalized mortgage services with local decision-making. Their mortgage team receives excellent reviews for understanding rural property financing and providing competitive rates for agricultural and residential properties in the Oakland area. They specialize in USDA loans which are particularly beneficial for Oakland residents in this rural community.

Illinois Credit Union has been serving central Illinois communities for over 80 years and maintains an excellent reputation for mortgage lending in Oakland and surrounding areas. They offer competitive rates for members and specialize in first-time homebuyer programs and rural development loans. Their mortgage team is praised for exceptional customer service and guiding borrowers through the entire process. As a not-for-profit financial cooperative, they often provide lower fees and more flexible underwriting than traditional banks.

Heartland Bank and Trust Company is a well-established regional bank with extensive experience serving rural Illinois communities like Oakland. They have particular expertise in financing properties in smaller towns and rural areas, offering specialized construction loans and lot financing that many national lenders avoid. Their local underwriting team understands the unique aspects of Oakland's real estate market, and they receive consistently high marks for personalized service and community involvement throughout east-central Illinois.