Largest lenders in Effingham County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Dieterich Bank | C | 129 | 92 | 7.8% | — |
| 2 | Broker Solutions | D | 57 | 36 | 8.8% | 6.88% |
| 3 | Fifth Third Bank | D | 52 | 31 | 28.9% | 8.00% |
| 4 | Vanderbilt Mortgage and Finance | F | 39 | 4 | 38.5% | 9.88% |
| 5 | Midland States Bank | C | 38 | 26 | 10.5% | 6.38% |
| 6 | Petefish, Skiles & | C | 38 | 25 | 18.4% | 6.88% |
| 7 | Rocket Mortgage | C | 37 | 26 | 27.0% | 6.99% |
| 8 | Mortgage Research Center | C | 33 | 19 | 15.2% | 6.38% |
| 9 | First Mid Bank & Trust | C | 27 | 18 | 29.6% | 6.88% |
| 10 | Castle & Cooke Mortgage | C | 20 | 17 | 0.0% | 6.99% |
| 11 | United Shore Financial Services | B | 14 | 12 | 0.0% | 5.62% |
| 12 | AmeriSave Mortgage | D | 13 | 3 | 69.2% | 7.88% |
| 13 | 21st Mortgage | F | 11 | 2 | 36.4% | 11.53% |
| 14 | Fairway Independent Mortgage | B | 10 | 7 | 10.0% | 6.69% |
| 15 | First National Bank of Waterloo | A | 10 | 9 | 0.0% | 6.95% |
| 16 | Pennymac Loan Services | C | 9 | 5 | 11.1% | 6.88% |
| 17 | Gershman Investment | B | 9 | 4 | 33.3% | 6.13% |
| 18 | Discover Bank | F | 8 | 3 | 37.5% | 7.28% |
| 19 | Crosscountry Mortgage | B | 8 | 6 | 0.0% | 7.29% |
| 20 | Community Banc Mortgage | C | 8 | 7 | 12.5% | 6.63% |
| 21 | Figure Lending | C | 8 | 4 | 50.0% | 9.60% |
| 22 | U.S. Bank | D | 7 | 5 | 28.6% | 8.65% |
| 23 | Loandepot.Com | D | 7 | 2 | 57.1% | 7.75% |
| 24 | Navy Federal Credit Union | D | 7 | 3 | 28.6% | 6.88% |
| 25 | Scott Credit Union | C | 7 | 7 | 0.0% | 6.00% |
Best approval odds in Effingham County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Dieterich Bank | 109 | 9.2% |
What Effingham County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Effingham County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 603 | 343 | 21.2% | 6.75% | $115,000 |
| 2024 | 632 | 354 | 22.0% | 6.88% | $125,000 |
| 2025 | 742 | 442 | 19.4% | 6.88% | $145,000 |
Frequently asked questions
19.4% of applications in Effingham County were denied in 2025, against 17.1% statewide in Illinois.
Dieterich Bank, with 129 applications in 2025 and a denial rate of 7.8%.
The median mortgage application in Effingham County in 2025 was for $145,000; the median property value on originated loans was $225,000.