Ford County, Illinois · 2025

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

105 lenders acted on 423 mortgage applications for properties in Ford County in 2025. 15.4% were denied (Illinois: 17.1%). Median rate on closed loans 6.63%; median loan $115,000; median property value $165,000.

423Applications
15.4%Denial ratestate 17.1%
6.63%Median ratestate 6.75%
$115,000Median loan
$165,000Median property value

Largest lenders in Ford County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Bank of Gibson City A 4140 0.0%
2 Broker Solutions D 3529 5.7%6.81%
3 Flat Branch Mortgage A 3331 0.0%6.63%
4 Petefish, Skiles & C 3318 24.2%6.63%
5 Rocket Mortgage C 2512 32.0%6.94%
6 Vermilion Valley Bank 1919 0.0%
7 Heartland Bank and Trust D 166 50.0%8.13%
8 First State Bank of Forrest A 1614 12.5%
9 The Fisher National Bank A 119 0.0%
10 Busey Bank C 86 12.5%6.88%
11 University of Illinois Community Credit Union B 86 0.0%5.75%
12 American Pacific Mortgage C 73 28.6%6.81%
13 Loandepot.Com D 75 14.3%7.88%
14 Citizens Equity First B 64 16.7%6.25%
15 The Gifford State Bank 65 16.7%
16 Midland States Bank C 63 16.7%6.69%
17 United Shore Financial Services B 63 33.3%7.00%
18 Pennymac Loan Services C 53 0.0%6.63%
19 Crosscountry Mortgage B 52 0.0%7.38%
20 Longview Bank A 55 0.0%
21 Freedom Mortgage B 54 0.0%5.81%
22 Bank of Pontiac A 53 20.0%

What Ford County borrowers applied for

By loan purpose

Home purchase 224 53% · 9.8% denied
Refinance 56 13% · 16.1% denied
Cash-out refinance 85 20% · 18.8% denied
Home improvement 29 7% · 31.0% denied
Other / HELOC 29 7% · 31.0% denied

By loan type

Conventional 327 77% · 15.3% denied
FHA 65 15% · 18.5% denied
VA 18 4% · 11.1% denied
USDA / RHS 13 3% · 7.7% denied

Why applications were denied

Credit history 17 28%
Debt-to-income ratio 15 25%
Collateral 12 20%
Incomplete application 9 15%
Unverifiable information 3 5%
Insufficient cash 2 3%
Other 1 2%
Employment history 1 2%

Ford County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202333021818.2%6.75%$95,000
202437523419.5%6.88%$105,000
202542329015.4%6.63%$115,000

Frequently asked questions

15.4% of applications in Ford County were denied in 2025, against 17.1% statewide in Illinois.

Bank of Gibson City, with 41 applications in 2025 and a denial rate of 0.0%.

The median mortgage application in Ford County in 2025 was for $115,000; the median property value on originated loans was $165,000.