Northwest of the downtown area of Chicago in the village known as Arlington Heights. As of the recent census, Arlington Heights has 77,676 citizens. That number makes it the largest village, by population, in the USA
One of Arlington Heights’ claims to fame is the Breeder’s Cup qualifying event called the Arlington Million. This race takes place annually at the Arlington Park Race Track.
Population and Number of Homes
The recent census shows a population numbering 77,000+ as of 2020, with 33,000+ housing units.
The makeup of the age groups is spread out for Arlington Heights. 16% of the citizens are over the age of 64 and 25% are aged between 45 and 64. 30% of the people fall in the 25 to 45 range. While only 6% of the people fall in the college-age range 23% of the citizens are under age 18.
Increasing Presence of Japanese Citizens
Since the year 2011, there has been a growth of the number of Japanese Citizens in Arlington Heights. At present, they represent about 6% of the total population with approximately 4,500 people. Currently, there is a Japanese owned shopping plaza named Mitsuwa Marketplace and the Chicago Futbaki Japanese School.
Local Economy
The downtown portion of Arlington Heights is also called the Central Business District. Over the past few years, the area has gone through a bit of a resurrection with new restaurants, condos, and a myriad of businesses being built in the area.
Besides the Central Business District, there are other major companies with headquarters in Arlington Heights. Here is the list of the top employers based on the numbers of employees.
- Arlington Park
- Northwest Community Hospital
- Level 3 Communications
- Township High School District 214
- Paddock Publications
Average Weather
Arlington Heights enjoys a mild climate throughout the course of a year. The warmest part of the year occurs in summer in the month of July. The highest average temperature is usually in the neighborhood of 82 degrees. The coldest part of winter occurs in January when temperatures can get as low as 13.
Precipitation is normal throughout the year, with the city receiving 36 inches of rain across the entire 12 months. Snow is common in the winter with some accumulation.
Universities, Colleges, and Junior Colleges
Although there are no colleges or universities located directly within Arlington Heights, there are 7 such schools located within a radius of 15 miles of town.
Public School System
Arlington Heights School District 25 handles the elementary and middle schools for Arlington Heights while the high schools are operated by Township High School district 214. There are 4 high schools that serve Arlington Heights
- John Hersey High School
- Rolling Meadows High School
- Buffalo Grove High School
- Prospect High School
Private Schools
There are a number of faith based organizations operate private schools in Arlington Heights
- St Viator High School
- Our Lady of Wayside School
- St James School
- St Peter Lutheran School
- Christian Liberty Academy
Important Stats for Level of Education
For people of Arlington Heights above the age of 25, here are the major education stats.
- 96% graduated from high school
- 53% have earned a bachelor’s degree
- 21% have earned a professional or graduate degree
- the unemployment rate is only 2%
Transportation Options
A Metra rail station provides passengers access to Chicago. Besides the rail service that leads to Chicago there is no public bus or rail system in Arlington Heights. The majority of citizens in Arlington Heights use private automobiles for the majority of their daily travels.
There are no major airports located in Arlington Heights. The majority of people use either O’Hare or Midway airport in Chicago for commercial flights.
Popular Restaurants and Other Hot Spots
Arlington Heights is home to an ever growing range of restaurants that offer cuisines from all around the world.
- TTOWA – Korean cuisine
- Santouka – Ramen and soup
- Johnnie’s Beef – sandwiches, along with hot dogs and shaved ice
- Nikko Sushi – Japanese menu along with sushi
- Penang Malaysian Cuisine – Malaysian food as well as Asian fusion
- Mago Grill & Cantina – Mexican cuisine
- Walker Bros Original Pancake House – Breakfast, Brunch and sandwiches
Hospitals
Northwest Community Hospital is the primary hospital of Arlington Heights.
Outdoor Activities
Arlington Heights is a very active area as evidenced by a large number of health-related centers in the area. There are swim schools, yoga classes, martial arts, general fitness gyms, and boot camp style exercise classes. Lake Arlington is a great place to visit and relax by the water’s edge. There are also places to play tennis or golf or even just hike on trails.
Why Choose Us as Your Arlington Heights Mortgage Lender?
Choosing the right mortgage lender matters. We combine local expertise with a full suite of loan programs to help buyers, homeowners, investors, and self‑employed borrowers achieve their goals with clarity and confidence. Our team provides personalized guidance from application to closing, backed by fast communication and a partner‑first approach.
Local Knowledge, National Strength
We understand the Arlington Heights market and the unique needs of buyers in this area. Our loan officers, processors, and support teams work together to deliver a smooth, transparent experience whether you’re purchasing, refinancing, or investing.
Programs for Every Type of Buyer
We offer a wide range of mortgage solutions designed to fit different financial situations and property types. Our programs include:
- Conventional Loans
- FHA Loans
- VA Loans for eligible veterans and service members
- USDA Loans for qualifying rural areas
- Jumbo and high‑balance loans
- Bank Statement Loans for self‑employed borrowers
- DSCR Loans for real estate investors
- Condo financing, including warrantable and select non‑warrantable buildings
- Low‑down‑payment options for first‑time buyers
Fast, Clear, and Responsive
We prioritize communication and efficiency. From prequalification to closing, our team keeps you informed at every step. Our streamlined process helps reduce delays, minimize surprises, and keep your transaction moving forward.
Dedicated Support from Start to Finish
Our loan teams and branch partners work closely with buyers, homeowners, and real estate professionals to ensure a smooth experience. We take the time to understand your goals, answer your questions, and recommend the best loan options for your situation.
A Partner‑First Culture
We believe in building long‑term relationships based on trust, transparency, and exceptional service. Our commitment to doing what’s right for our customers has earned us strong reviews, repeat business, and industry recognition.
Whether you’re buying your first home, upgrading, investing, or refinancing, we’re here to help you navigate the mortgage process with confidence.
Home Financing Options in Arlington Heights
Buying a home in Arlington Heights doesn’t require a one‑size‑fits‑all mortgage. Whether you’re a first‑time buyer, a move‑up buyer, an investor, or someone with non‑traditional income, there are multiple loan programs designed to fit different financial situations and property types. Many buyers are surprised to learn how flexible today’s mortgage options really are.
Low‑Down‑Payment and No‑Down‑Payment Options
You don’t need 20 percent down to buy a home. In fact, many buyers qualify for programs that require little or no out-of-pocket money. These include:
- FHA Loans – 3.5 percent down with flexible credit guidelines
- VA Loans – 0 percent down for eligible veterans and active‑duty service members
- USDA Loans – 0 percent down for qualifying rural areas
- Conventional 3 percent down programs for first‑time buyers
These programs are designed to make homeownership more accessible, even if you haven’t saved a large down payment.
Family Opportunity Mortgage
The Family Opportunity Mortgage is designed for situations where one family member wants to help another purchase a home. This program allows qualifying buyers to purchase a property for an elderly parent, a child with disabilities, or a college‑aged student without treating the loan as an investment property. This often results in lower rates, lower down payments, and more flexible qualification guidelines.
- Buy a home for an aging parent who cannot qualify on their own
- Provide housing for an adult child with disabilities
- Qualify using primary‑residence terms instead of investment‑property terms
This program can be a powerful solution for families who want to support loved ones while also benefiting from more favorable mortgage terms.
Financing Options for Self‑Employed Borrowers
Self‑employed buyers often have high income but limited W‑2 documentation. Bank Statement Loans allow qualifying borrowers to use business or personal bank statements to verify income instead of tax returns. This can be a great fit for entrepreneurs, freelancers, and independent contractors.
Investor and Rental Property Loans
Real estate investors have access to specialized programs that make purchasing rental properties easier. DSCR (Debt Service Coverage Ratio) Loans qualify based on the property’s rental income rather than the borrower’s personal income. This is ideal for investors building or expanding a rental portfolio.
Jumbo and High‑Balance Loans
For higher‑priced homes, Jumbo Loans offer competitive rates and flexible terms. These programs are designed for buyers who need loan amounts above conventional limits and often include options for lower down payments than many people expect.
Condo Financing
Condos require specific financing guidelines, and not all lenders specialize in them. We offer FHA, VA, conventional, and non-conventional condo financing, including options for warrantable and select non‑warrantable buildings. This helps buyers access more properties with confidence.
Refinance and Equity Options
Homeowners looking to lower their payment, shorten their loan term, or access equity have several refinance options. Cash‑out refinances can help fund home improvements, debt consolidation, or other financial goals.
Which Program Fits You?
Every buyer’s situation is different. Your income, credit, property type, and long‑term goals all play a role in determining the best mortgage program. Whether you’re buying your first home, upgrading, investing, or refinancing, we can help match you with the loan that fits your needs.
