Largest lenders in Franklin County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Firsttrust Home Loans | B | 101 | 90 | 1.0% | 6.50% |
| 2 | U.S. Bank | D | 85 | 42 | 36.5% | 6.75% |
| 3 | Rocket Mortgage | C | 69 | 44 | 29.0% | 6.63% |
| 4 | Peoples National Bank | C | 46 | 38 | 4.4% | 6.56% |
| 5 | Broker Solutions | D | 38 | 11 | 10.5% | 6.75% |
| 6 | Vanderbilt Mortgage and Finance | F | 34 | 4 | 32.4% | 10.25% |
| 7 | Guild Mortgage | A | 29 | 24 | 0.0% | 6.63% |
| 8 | Mortgage Research Center | C | 27 | 13 | 7.4% | 6.25% |
| 9 | Banterra Bank | C | 23 | 8 | 17.4% | 6.37% |
| 10 | Premier Mortgage Resources | B | 23 | 21 | 0.0% | 6.69% |
| 11 | 21st Mortgage | F | 21 | 1 | 52.4% | 8.95% |
| 12 | Gershman Investment | B | 21 | 13 | 4.8% | 6.56% |
| 13 | Figure Lending | C | 21 | 11 | 19.1% | 8.50% |
| 14 | AmeriSave Mortgage | D | 20 | 6 | 60.0% | 7.06% |
| 15 | Community Banc Mortgage | C | 19 | 11 | 15.8% | 6.63% |
| 16 | Regions Bank | C | 16 | 6 | 31.3% | 4.99% |
| 17 | United Shore Financial Services | B | 16 | 12 | 12.5% | 6.85% |
| 18 | Pennymac Loan Services | C | 15 | 7 | 26.7% | 6.00% |
| 19 | Fifth Third Bank | D | 15 | 9 | 26.7% | 7.75% |
| 20 | Guaranteed Rate | B | 13 | 5 | 30.8% | 6.33% |
| 21 | Equity Prime Mortgage | D | 12 | 9 | 0.0% | 6.25% |
| 22 | Freedom Mortgage | B | 11 | 3 | 0.0% | 5.88% |
| 23 | Farmers State Bank of Alto Pass, Ill. | B | 10 | 6 | 30.0% | — |
| 24 | New Day Financial | F | 10 | 2 | 40.0% | 6.88% |
| 25 | First Financial Bank | C | 10 | 4 | 60.0% | 5.69% |
Best approval odds in Franklin County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Firsttrust Home Loans | 91 | 1.1% |
| 2 | Rocket Mortgage | 65 | 30.8% |
| 3 | U.S. Bank | 74 | 41.9% |
What Franklin County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Franklin County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 828 | 447 | 21.7% | 6.99% | $85,000 |
| 2024 | 812 | 371 | 22.7% | 6.88% | $95,000 |
| 2025 | 920 | 496 | 20.9% | 6.63% | $95,000 |
Frequently asked questions
20.9% of applications in Franklin County were denied in 2025, against 17.1% statewide in Illinois.
Firsttrust Home Loans, with 101 applications in 2025 and a denial rate of 1.0%.
The median mortgage application in Franklin County in 2025 was for $95,000; the median property value on originated loans was $145,000.