Fulton County, Illinois · 2025

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

106 lenders acted on 836 mortgage applications for properties in Fulton County in 2025. 18.1% were denied (Illinois: 17.1%). Median rate on closed loans 6.75%; median loan $75,000; median property value $125,000.

836Applications
18.1%Denial ratestate 17.1%
6.75%Median ratestate 6.75%
$75,000Median loan
$125,000Median property value

Largest lenders in Fulton County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Citizens Equity First B 13997 15.8%7.25%
2 MidAmerica National Bank D 12275 18.0%
3 Flat Branch Mortgage A 7871 1.3%6.63%
4 Ipava State Bank 5646 16.1%
5 Morton Community Bank B 5540 18.2%6.75%
6 Rocket Mortgage C 3019 26.7%6.63%
7 Mortgage Research Center C 2714 14.8%6.63%
8 Bank Of Farmington 1816 11.1%
9 U.S. Bank D 1612 25.0%6.63%
10 United Shore Financial Services B 128 25.0%6.64%
11 Coastal Community Bank C 123 0.0%10.49%
12 Newrez D 113 27.3%5.75%
13 Compeer Financial, Flca C 116 27.3%7.48%
14 First State Mortgage Services A 118 18.2%6.94%
15 Broker Solutions D 93 11.1%7.13%
16 Pennymac Loan Services C 87 12.5%6.49%
17 United Community Bank C 86 0.0%6.25%
18 Discover Bank F 70 85.7%
19 USAA Federal Savings Bank C 74 14.3%6.56%
20 AmeriSave Mortgage D 71 28.6%6.25%
21 Better Banks A 75 0.0%
22 Flanagan State Bank D 74 42.9%6.50%
23 Wells Fargo Bank B 62 33.3%6.88%
24 Heartland Bank and Trust D 64 16.7%7.05%
25 Freedom Mortgage B 63 16.7%6.63%

Best approval odds in Fulton County

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

#LenderDecidedDecision denial rate
1Flat Branch Mortgage721.4%
2Ipava State Bank5516.4%
3Citizens Equity First11918.5%
4Morton Community Bank5020.0%
5MidAmerica National Bank9722.7%

What Fulton County borrowers applied for

By loan purpose

Home purchase 438 52% · 11.2% denied
Refinance 106 13% · 15.1% denied
Cash-out refinance 103 12% · 25.2% denied
Home improvement 86 10% · 20.9% denied
Other / HELOC 103 12% · 40.8% denied

By loan type

Conventional 645 77% · 18.8% denied
FHA 118 14% · 17.0% denied
VA 59 7% · 13.6% denied
USDA / RHS 14 2% · 14.3% denied

Why applications were denied

Credit history 47 41%
Debt-to-income ratio 21 18%
Collateral 20 18%
Incomplete application 10 9%
Other 9 8%
Employment history 3 3%
Unverifiable information 3 3%
Insufficient cash 1 1%

Fulton County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202379953716.8%6.88%$65,000
202477553216.4%7.00%$75,000
202583653918.1%6.75%$75,000

Frequently asked questions

18.1% of applications in Fulton County were denied in 2025, against 17.1% statewide in Illinois.

Citizens Equity First, with 139 applications in 2025 and a denial rate of 15.8%.

The median mortgage application in Fulton County in 2025 was for $75,000; the median property value on originated loans was $125,000.