Champaign County, Illinois · 2025

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

275 lenders acted on 4,749 mortgage applications for properties in Champaign County in 2025. 12.6% were denied (Illinois: 17.1%). Median rate on closed loans 6.75%; median loan $165,000; median property value $255,000.

4.7kApplications
12.6%Denial ratestate 17.1%
6.75%Median ratestate 6.75%
$165,000Median loan
$255,000Median property value

Largest lenders in Champaign County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Broker Solutions D 453315 4.9%6.88%
2 Busey Bank C 370274 9.5%6.94%
3 University of Illinois Community Credit Union B 202160 3.5%5.50%
4 Rocket Mortgage C 198141 22.7%6.88%
5 Flat Branch Mortgage A 178158 1.1%6.63%
6 The Fisher National Bank A 145130 2.8%
7 Midland States Bank C 141126 5.7%6.63%
8 PNC Bank D 12168 24.0%7.59%
9 Primelending, a Plainscapital A 11084 3.6%6.63%
10 First Federal Savings Bank of Champaign Urbana A 104100 1.0%
11 JPMorgan Chase Bank B 10268 4.9%6.38%
12 Longview Bank A 9188 0.0%
13 Iroquois Federal Savings and Loan Association B 8368 4.8%
14 Bank of Springfield B 8063 6.3%6.50%
15 United Shore Financial Services B 7852 16.7%6.62%
16 Mortgage Research Center C 7747 13.0%6.25%
17 First Mid Bank & Trust C 7650 21.1%7.00%
18 Pennymac Loan Services C 6529 12.3%6.25%
19 Hickory Point Bank and Trust B 6252 3.2%
20 Morton Community Bank B 6053 1.7%7.00%
21 INB B 5340 3.8%6.70%
22 Point Mortgage B 5349 0.0%6.56%
23 Coastal Community Bank C 5217 0.0%12.24%
24 AmeriSave Mortgage D 498 65.3%8.88%
25 21st Mortgage F 496 63.3%12.28%

Best approval odds in Champaign County

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

What Champaign County borrowers applied for

By loan purpose

Home purchase 2,591 55% · 6.8% denied
Refinance 727 15% · 12.1% denied
Cash-out refinance 681 14% · 22.3% denied
Home improvement 316 7% · 23.1% denied
Other / HELOC 434 9% · 25.8% denied

By loan type

Conventional 3,913 82% · 12.0% denied
FHA 532 11% · 17.7% denied
VA 286 6% · 12.6% denied
USDA / RHS 18 0% · 5.6% denied

Why applications were denied

Credit history 166 29%
Debt-to-income ratio 143 25%
Collateral 92 16%
Incomplete application 70 12%
Other 53 9%
Unverifiable information 37 6%
Insufficient cash 13 2%
Employment history 8 1%

Champaign County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20234,0112,85712.3%6.80%$135,000
20244,2472,92613.7%6.99%$155,000
20254,7493,18712.6%6.75%$165,000

Frequently asked questions

12.6% of applications in Champaign County were denied in 2025, against 17.1% statewide in Illinois.

Broker Solutions, with 453 applications in 2025 and a denial rate of 4.9%.

The median mortgage application in Champaign County in 2025 was for $165,000; the median property value on originated loans was $255,000.