County directory · Illinois
CDFI lenders in Will County, IL
2 certified CDFIs name Will County or a town in it as part of their service area on their own website. 1 more has a bank or credit-union branch here. 4 more say they serve all of Illinois. Sources: lender websites (29 Oct 2026–4 Nov 2026), the CDFI Fund list (21 Oct 2026) and FDIC/NCUA branch records.
- Name this county
- 2
- Based here
- 0
- Branch here
- 1
- Serve all of IL
- 4
A lender naming Will County on its website is a good sign, not an offer. Lenders based elsewhere may lend here too. Search your exact ZIP code in the finder to include lenders based nearby. Towns in this county: Aurora, Beecher, Bolingbrook, Braidwood, Channahon, Crest Hill, Crete, Elwood, Frankfort, Homer Glen, Joliet, Lockport….
Lenders compared for Will County
7 with local records| Lender | Local records | Loan sizes | Head office |
|---|---|---|---|
| 1. CoVantage Credit Union Credit union, Antigo WI | 2 offices here; 54 home loans here, 2025 | ask | 256 mi |
| 2. Champions Funding, LLC Loan fund, Gilbert AZ | 11 home loans here, 2025 | up to $3M | 1,414 mi |
| 3. Self-Help Federal Credit Union Credit union, Durham NC | 10 home loans here, 2025 | ask | 621 mi |
| 4. International Bank of Chicago Bank or thrift, Chicago IL | 4 home loans here, 2025 | ask | 36 mi |
| 5. Change Lending, LLC Loan fund, Anaheim CA | 4 home loans here, 2025 | up to $3.5M | 1,700 mi |
| 6. Community Investment Corporation Loan fund, Chicago IL | website names Will County | ask | 32 mi |
| 7. Chicago Community Loan Fund, The Loan fund, Chicago IL | website names Will County | ask | 32 mi |
6 of these 7 lenders have received CDFI Fund awards, together $105M in fiscal years 1997–2024 (CDFI Fund award database; each lender page lists its awards). An award funds the lender, not a particular borrower.
Order: how many kinds of local record we hold (its website names the county or a town in it, headquarters, a branch, SBA loans or HMDA home loans for borrowers here), then the number of those records, then the head office's distance from the county centre. Loan sizes are the range the lender's website states. It is not a rating and nobody pays for a place. SBA loans: SBA 7(a)/504 data (FY2020–FY2026, 3 or more shown); home loans: HMDA 2025 originations (3 or more shown); branches: FDIC/NCUA; distances are straight lines from the average position of the county's ZIP codes.
Where these lenders have offices
6 lenders3 head offices and 12 branches or offices of 6 lenders on this page, within 35 miles of the centre of Will County. Lenders with no office nearby may still lend here; many work by phone and online.
Head officeBranch or officeApproximate (ZIP code area)
Map data © OpenStreetMap contributors, © OpenMapTiles, tiles OpenFreeMap. Head-office points: U.S. Census Bureau geocoder.
Loan types confirmed on these lenders' websites
- Commercial real estate loans (2 lenders)
- Affordable housing development loans (2 lenders)
- Nonprofit / community facility loans (1 lender)
- Energy / solar / efficiency loans (1 lender)
Banks and credit unions with a branch in this county
1 certified CDFI has at least one office in Will County (NCUA branch data as of 30 Jun 2026). A branch shows presence, not a stated service area; credit unions also require membership.
CDFI mortgage lenders active here
Certified CDFIs reported 87 originated home loans for properties in Will County in 2025 under the Home Mortgage Disclosure Act: 0.5% of the 16,624 home loans that all HMDA lenders reported here.
- CoVantage Credit UnionCredit union · Antigo, WIHome mortgages54 home loans here in 2025 (HMDA)Verified
- Champions Funding, LLCLoan fund · Gilbert, AZHome mortgages11 home loans here in 2025 (HMDA)Verified
- Self-Help Federal Credit UnionCredit union · Durham, NC10 home loans here in 2025 (HMDA)Verified
- Change Lending, LLCLoan fund · Anaheim, CAHome mortgages4 home loans here in 2025 (HMDA)Verified
- International Bank of ChicagoBank or thrift · Chicago, ILAuto / vehicle loans, Commercial real estate loans, Microloans, Home mortgages…4 home loans here in 2025 (HMDA)Verified
Plus 3 more certified CDFIs with fewer than 3 loans here each (not listed).
A lender headquartered far away can appear here: HMDA counts the county of the property, not of the lender. Banks and credit unions below the HMDA reporting thresholds and most loan funds do not report, so other CDFIs may also lend here.
Source: FFIEC Home Mortgage Disclosure Act (HMDA) data for 2025, snapshot frozen 2 Jun 2026, loan-level records read through the CFPB HMDA Data Browser API on 3 Nov 2026. Originated loans only; applications that were denied, withdrawn or not accepted are not counted. HMDA publishes each loan amount as the middle of a $10,000 band, so totals and medians are approximate. Counts under 3 are not shown. How we match lenders.
Small business and SBA lending in Will County
Official statisticsMedian household income in Will County is $109,984, 32% above the Illinois figure of $83,390 (ACS 2020–2024).
Businesses here took 51.2 SBA-backed loans per 1,000 employer businesses over FY2020–FY2026: more than the median Illinois county (19.1), rank 8 of 102.
| Measure | Will County | Illinois |
|---|---|---|
| Businesses with paid employees (CBP 2023) | 17,085 (5.3% of the state) | 322,415 |
| …of which under 20 employees | 85% | 85% |
| Businesses without employees (Nonemployer Statistics 2023) | 61,833 | 1,120,413 |
| Median household income (ACS 2020–2024) | $109,984 (32% above the state) | $83,390 |
| SBA 7(a) and 504 approvals, all lenders, FY2020–FY2026 | 874 (730 7(a), 144 504) | 14,024 |
| …per 1,000 businesses with employees | 51.2 (rank 8 of 102 Illinois counties) | 19.1 (median county) |
| Median SBA 7(a) loan, all lenders | $150,000 | $200,000 |
| …with a certified CDFI as lender, CDC or third-party lender | 1 or 2 | 46 (0%) |
| Variable-rate 7(a): median rate over prime at approval, FY2024–26 | 2.75 pts (342 loans; 10% at the SBA maximum) | 2.5 pts (10% at the maximum) |
Approvals by fiscal year: FY2020 80 · FY2021 102 · FY2022 107 · FY2023 145 · FY2024 172 · FY2025 166 · FY2026 102.
For comparison, not an offer. SBA figures count approvals by every SBA lender for borrowers whose ZIP code lies in the county, not only CDFIs; approval is not disbursement. Rate over prime = the SBA's recorded initial rate minus the prime rate on the approval day; SBA caps it at 3 to 6.5 points depending on loan size (current prime rate and caps: methodology).
Sources: Census Bureau County Business Patterns 2023, Nonemployer Statistics 2023 and American Community Survey 2020–2024 (table B19013); SBA 7(a) & 504 FOIA data as of 30 Sep 2026; prime rate: FRED DPRIME; SBA maximums: SBA 7(a) terms. Downloaded 15 Nov 2026. How we compute these.
CDFI lending recorded here (FY2022)
CDFI Fund data, released Dec 2024262 loans and investments totaling $42.2M (median $31,800) were reported to the CDFI Fund for borrowers and projects in Will County in fiscal year 2022, by 26 reporting CDFIs.
| Purpose (CDFI Fund category) | Count | Total | Median |
|---|---|---|---|
| Non-real estate microenterprise | 118 | $1.4M | $3,300 |
| Non-real estate business | 74 | $23.6M | $69,100 |
| Home purchase | 46 | $10.5M | $238,100 |
| Consumer | 11 | $10,399 | $1,000 |
| Home improvement | 6 | $1.2M | $140,000 |
| Real estate: commercial construction, permanent or acquisition | 3 | $4.1M | $548,000 |
| Other purposes | 4 | $1.5M |
Of 56 individual borrowers whose income was reported, 30% had family income at or below 80% of the area median.
CDFI banks and credit unions also reported 1,815 consumer loans in Will County totaling $5.8M (Consumer Loan Report, tract totals, so no median); they counted 27% of them as serving low-income borrowers.
Loans and investments reported in other years: FY2018 77 · FY2019 41 · FY2020 93 · FY2021 1,674.
Only CDFIs that hold an active CDFI Fund award (CDFI Program, Native American CDFI Assistance or the CDFI Rapid Response Program) report these transactions, so this is not all lending by the certified CDFIs on this page. The Fund masks which CDFI made each loan, so we cannot say which lender listed here made them.
Source: CDFI Fund, CDFI/NACA/CDFI RRP Program Award Recipient Data Release, Transaction Level Report and Consumer Loan Report public files for fiscal year 2022 (released Dec 2024; downloaded 3 Nov 2026). Amounts are original loan or investment amounts as reported. Place = the 2010 census tract of each record. How we count.
Lenders whose website names Will County or a town in it
- Chicago Community Loan Fund, TheLoan fund · Chicago, ILCommercial real estate loans, Affordable housing development loans, Nonprofit / community facility loansNames Will County ·
Six-county Chicago metro (Cook, DuPage, Kane, Lake, McHenry, Will)
Verified - Community Investment CorporationLoan fund · Chicago, ILCommercial real estate loans, Energy / solar / efficiency loans, Affordable housing development loansNames Will County ·
Chicago, suburban Cook County, DuPage, Kane, Lake, McHenry and Will counties; Woodlawn and North Lawndale programs
Verified
Say they serve all of Illinois
- Allies for Community Business, Inc.Loan fund · Chicago, ILSmall-business loansVerified
- CoVantage Credit UnionCredit union · Antigo, WIHome mortgagesVerified
- NYBDC Local Development CorporationLoan fund · Latham, NYCommercial real estate loans, Equipment loans, Microloans, SBA-backed loans (7(a)/504/Community Advantage)…Verified
- Self-Help Federal Credit UnionCredit union · Durham, NCVerified
Free help before you apply
These offices give free or low-cost advice: a Small Business Development Center or SCORE mentor can help with the business plan, cash-flow projections and paperwork most business lenders ask for, and a HUD-approved housing counselor can help with a homebuyer course, a budget or a missed mortgage payment. Some counseling agencies also lend; using their advice does not commit you to their loans. Call ahead to check hours and what they cover.
Business advice
- Illinois Small Business Development Center ~Arab American Business and Professional AssociationSmall Business Development Center · 780 W College Dr., Unit 3E, Palos Heights, IL 60463779-270-3666 · about 15 miles from the centre of Will County
- SCORE Land of LincolnSCORE mentoring · Naperville, IL 60540630-692-1162 · about 18 miles from the centre of Will County
- Women's Business Development CenterWomen's Business Center · 43 W. Galena Boulevard, Aurora, IL 60506312-853-3477 · about 24 miles from the centre of Will County
Housing counseling
- CSC - Spanish Community CenterHUD-approved housing counselor · 309 N. Eastern Avenue, Joliet, IL 60432815-886-5000
- Community Service Council of Northern Will CountyHUD-approved housing counselor · 440 Quadrangle Dr, Bolingbrook, IL 60440815-886-5000
- Will County Center for Community ConcernsHUD-approved housing counselor · 2455 Glenwood Ave, Joliet, IL 60435815-722-0722
Sources: SBA local assistance listings, read 6 Nov 2026; HUD's list of approved housing counseling agencies (open-data version last updated 9 Apr 2025). For the current list and the services each agency offers, use the CFPB's housing counselor search (it uses HUD's list) or call HUD at 800-569-4287. Offices are placed by ZIP code, so distances are approximate.
Other Illinois counties
Source: CDFI Atlas, cdfiatlas.com/states/il/counties/will-county/. © 2026 CDFI Atlas. Quoting with a link is welcome; republishing the pages or the compiled data is not (terms of use).