Clark County, Illinois · 2025

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

71 lenders acted on 336 mortgage applications for properties in Clark County in 2025. 21.1% were denied (Illinois: 17.1%). Median rate on closed loans 6.75%; median loan $105,000; median property value $170,000.

336Applications
21.1%Denial ratestate 17.1%
6.75%Median ratestate 6.75%
$105,000Median loan
$170,000Median property value

Largest lenders in Clark County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 First Mid Bank & Trust C 5436 25.9%7.50%
2 First Financial Bank C 3720 35.1%6.76%
3 Longview Bank A 2826 0.0%
4 Rocket Mortgage C 2318 8.7%6.43%
5 Mortgage Research Center C 189 22.2%6.50%
6 Ruoff Mortgage Company A 1613 6.3%6.88%
7 Fifth Third Bank D 116 45.5%8.55%
8 Pennymac Loan Services C 94 11.1%5.69%
9 Freedom Mortgage B 93 0.0%6.25%
10 Broker Solutions D 93 33.3%7.25%
11 AmeriSave Mortgage D 63 33.3%6.75%
12 CMG Mortgage A 65 16.7%6.88%
13 Old National Bank B 62 16.7%7.36%
14 Gvc Mortgage B 66 0.0%6.75%
15 Regions Bank C 54 0.0%6.94%
16 Flat Branch Mortgage A 53 0.0%6.50%

Best approval odds in Clark County

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

#LenderDecidedDecision denial rate
1First Mid Bank & Trust5028.0%

What Clark County borrowers applied for

By loan purpose

Home purchase 149 44% · 14.1% denied
Refinance 73 22% · 15.1% denied
Cash-out refinance 43 13% · 30.2% denied
Home improvement 46 14% · 30.4% denied
Other / HELOC 25 7% · 48.0% denied

By loan type

Conventional 228 68% · 22.4% denied
FHA 56 17% · 19.6% denied
VA 44 13% · 13.6% denied
USDA / RHS 8 2% · 37.5% denied

Why applications were denied

Credit history 27 38%
Collateral 19 27%
Debt-to-income ratio 14 20%
Unverifiable information 3 4%
Insufficient cash 3 4%
Other 3 4%
Incomplete application 2 3%

Clark County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202325515324.7%7.00%$85,000
202426613826.7%7.00%$85,000
202533620821.1%6.75%$105,000

Frequently asked questions

21.1% of applications in Clark County were denied in 2025, against 17.1% statewide in Illinois.

First Mid Bank & Trust, with 54 applications in 2025 and a denial rate of 25.9%.

The median mortgage application in Clark County in 2025 was for $105,000; the median property value on originated loans was $170,000.