Carroll County, Illinois · 2025

Mortgage lenders in Carroll County, IL: denial rates and top lenders (2025)

114 lenders acted on 378 mortgage applications for properties in Carroll County in 2025. 21.2% were denied (Illinois: 17.1%). Median rate on closed loans 6.63%; median loan $115,000; median property value $195,000.

378Applications
21.2%Denial ratestate 17.1%
6.63%Median ratestate 6.75%
$115,000Median loan
$195,000Median property value

Largest lenders in Carroll County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Rocket Mortgage C 2315 30.4%6.63%
2 U.S. Bank D 199 36.8%6.63%
3 R.I.A. Federal Credit Union D 1811 33.3%5.99%
4 GREENSTATE Credit Union B 1714 5.9%6.88%
5 Mortgage Research Center C 159 6.7%6.13%
6 Broker Solutions D 136 23.1%6.75%
7 Fidelity Bank A 1311 0.0%
8 AmeriSave Mortgage D 121 91.7%6.00%
9 Fifth Third Bank D 105 40.0%7.50%
10 Fairway Independent Mortgage B 107 10.0%6.81%
11 United Shore Financial Services B 109 0.0%5.88%
12 Guaranteed Rate B 93 22.2%6.80%
13 JPMorgan Chase Bank B 84 25.0%6.69%
14 Guild Mortgage A 86 0.0%6.88%
15 Pennymac Loan Services C 74 14.3%6.50%
16 Central Bank Illinois A 65 0.0%
17 Dupaco Community A 65 0.0%6.38%
18 ASCENTRA Credit Union C 61 66.7%6.50%
19 Compeer Financial, Flca C 64 16.7%7.11%
20 Kiavi Funding D 60 0.0%
21 Farmers National Bank A 66 0.0%
22 Crosscountry Mortgage B 51 40.0%6.88%
23 Newrez D 51 20.0%7.25%
24 Sauk Valley Bank & Trust B 55 0.0%

What Carroll County borrowers applied for

By loan purpose

Home purchase 186 49% · 10.2% denied
Refinance 64 17% · 14.1% denied
Cash-out refinance 61 16% · 34.4% denied
Home improvement 33 9% · 42.4% denied
Other / HELOC 34 9% · 50.0% denied

By loan type

Conventional 283 75% · 20.1% denied
FHA 52 14% · 28.9% denied
VA 40 11% · 20.0% denied
USDA / RHS 3 1% · 0.0% denied

Why applications were denied

Credit history 24 31%
Debt-to-income ratio 18 23%
Collateral 16 21%
Incomplete application 13 17%
Unverifiable information 3 4%
Other 3 4%
Employment history 1 1%

Carroll County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202324616215.0%6.75%$105,000
202428916618.3%6.75%$105,000
202537822621.2%6.63%$115,000

Frequently asked questions

21.2% of applications in Carroll County were denied in 2025, against 17.1% statewide in Illinois.

Rocket Mortgage, with 23 applications in 2025 and a denial rate of 30.4%.

The median mortgage application in Carroll County in 2025 was for $115,000; the median property value on originated loans was $195,000.