Edgar County, Illinois · 2025

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

73 lenders acted on 420 mortgage applications for properties in Edgar County in 2025. 21.9% were denied (Illinois: 17.1%). Median rate on closed loans 6.88%; median loan $75,000; median property value $135,000.

420Applications
21.9%Denial ratestate 17.1%
6.88%Median ratestate 6.75%
$75,000Median loan
$135,000Median property value

Largest lenders in Edgar County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Longview Bank A 7265 1.4%
2 First Mid Bank & Trust C 5530 34.6%7.50%
3 Rocket Mortgage C 2718 22.2%6.88%
4 First Farmers Bank & Trust C 2213 27.3%7.63%
5 Ruoff Mortgage Company A 1714 5.9%6.94%
6 Prospect Bank 1614 12.5%
7 First Financial Bank C 169 37.5%6.12%
8 Mortgage Research Center C 168 31.3%6.75%
9 AmeriSave Mortgage D 123 50.0%6.88%
10 Broker Solutions D 124 16.7%6.69%
11 Fifth Third Bank D 71 42.9%8.74%
12 Flat Branch Mortgage A 75 0.0%6.38%
13 Newrez D 71 71.4%9.25%
14 Coastal Community Bank C 61 0.0%7.49%
15 Regions Bank C 52 60.0%5.93%
16 Freedom Mortgage B 53 20.0%6.25%
17 Decatur Earthmover Credit Union C 53 0.0%6.30%

Best approval odds in Edgar County

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

#LenderDecidedDecision denial rate
1Longview Bank701.4%

What Edgar County borrowers applied for

By loan purpose

Home purchase 180 43% · 12.8% denied
Refinance 78 19% · 21.8% denied
Cash-out refinance 67 16% · 29.9% denied
Home improvement 50 12% · 36.0% denied
Other / HELOC 45 11% · 31.1% denied

By loan type

Conventional 302 72% · 20.9% denied
FHA 73 17% · 31.5% denied
VA 32 8% · 15.6% denied
USDA / RHS 13 3% · 7.7% denied

Why applications were denied

Credit history 29 33%
Debt-to-income ratio 21 24%
Collateral 17 19%
Incomplete application 9 10%
Other 6 7%
Insufficient cash 5 6%
Unverifiable information 2 2%

Edgar County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202334923418.3%7.00%$65,000
202441225820.2%6.88%$75,000
202542024921.9%6.88%$75,000

Frequently asked questions

21.9% of applications in Edgar County were denied in 2025, against 17.1% statewide in Illinois.

Longview Bank, with 72 applications in 2025 and a denial rate of 1.4%.

The median mortgage application in Edgar County in 2025 was for $75,000; the median property value on originated loans was $135,000.