Farm Credit Mid-America · Illinois · 2025

Farm Credit Mid-America in Illinois: approval rate, denial rate and rates (2025)

Farm Credit Mid-America took 82 mortgage applications in Illinois in 2025, ranking #379 of 1,150 lenders active in the state. It originated 72.0% of them and denied 4.9% (6.1% of the applications it decided), against a statewide denial rate of 17.1%.

82Applicationsin IL
6.1%Decision denial ratestate 21.7%
7.00%Median ratestate 6.75%
$250,000Median loanstate $185,000
$18MVolume38 counties

Farm Credit Mid-America in Illinois vs the state

4.9%Denial rate-12.24 pts vs state
6.1%Decision denial rate-15.62 pts vs state
72.0%Origination rate+13.21 pts vs state
7.00%Median rate+0.25 pts vs state
0.63Rate spread (pts)+0.25 pts vs state
$165kMedian applicant income
59Loans originated
4Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
202362519.7%7.00%#414
202473604.1%7.00%#390
202582594.9%7.00%#379

What Farm Credit Mid-America lends in Illinois

By loan purpose

Home purchase 63 77% · 3.2% denied
Refinance 11 13% · 18.2% denied
Home improvement 3 4% · 0.0% denied
Other / HELOC 5 6% · 0.0% denied

By loan type

Conventional 82 100% · 4.9% denied

Why it denied Illinois applicants

Debt-to-income ratio 2 50%
Collateral 1 25%
Credit history 1 25%

Where in Illinois

Counties with the most Farm Credit Mid-America applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Madison County 641 16.7%
Effingham County 650 0.0%
Iroquois County 640 0.0%
Champaign County 430 0.0%
Coles County 420 0.0%
Crawford County 440 0.0%
Sangamon County 440 0.0%
Jasper County 330 0.0%
Jersey County 320 0.0%
Shelby County 320 0.0%

Other large lenders in Illinois

LenderGradeApplicationsDenial rateMedian rate
Guaranteed RateB 17,4794.9%6.63%
Rocket MortgageC 16,97119.7%6.75%
United Shore Financial ServicesB 15,64413.0%6.50%
JPMorgan Chase BankB 13,5749.7%6.49%
U.S. BankD 10,07638.3%7.00%
Crosscountry MortgageB 8,7794.5%6.75%
Fifth Third BankD 8,62832.1%7.50%
The Huntington National BankD 8,22631.9%6.99%
BMO BankF 8,00732.7%8.33%
Loandepot.ComD 7,01917.7%6.88%

Frequently asked questions

Illinois: 82 applications in 2025, of which 59 were originated and 4 denied.

4.9% of all applications, or 6.1% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Farm Credit Mid-America originated in Illinois in 2025 was 7.00%, against a statewide median of 6.75%.

About this data. Figures are Farm Credit Mid-America's own HMDA filing for properties located in Illinois, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology