Iroquois County, Illinois · 2025

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

128 lenders acted on 621 mortgage applications for properties in Iroquois County in 2025. 19.5% were denied (Illinois: 17.1%). Median rate on closed loans 6.88%; median loan $115,000; median property value $185,000.

621Applications
19.5%Denial ratestate 17.1%
6.88%Median ratestate 6.75%
$115,000Median loan
$185,000Median property value

Largest lenders in Iroquois County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Rocket Mortgage C 3929 20.5%6.88%
2 First Financial Bank D 3416 35.3%5.99%
3 Iroquois Federal Savings and Loan Association B 2517 12.0%
4 Ixonia Bank C 2216 0.0%6.99%
5 Broker Solutions D 219 4.8%7.13%
6 Pennymac Loan Services C 205 15.0%6.50%
7 Petefish, Skiles & C 1810 16.7%6.50%
8 Mortgage Research Center C 169 18.8%6.63%
9 Primelending, a Plainscapital A 1613 6.3%6.63%
10 AmeriSave Mortgage D 151 80.0%7.00%
11 First Trust Bank of Illinois 1510 20.0%
12 Crosscountry Mortgage B 1411 0.0%6.75%
13 First State Bank of Forrest A 139 15.4%
14 National Bank of St. Anne A 1313 0.0%
15 Coastal Community Bank C 133 0.0%10.49%
16 Peoples Bank of Kankakee County C 126 25.0%
17 Guaranteed Rate B 104 10.0%6.58%
18 Loandepot.Com D 104 30.0%7.06%
19 New Day Financial F 92 22.2%7.37%
20 Bank of America F 82 25.0%6.25%
21 U.S. Bank D 83 50.0%6.50%
22 Midland States Bank C 84 25.0%6.94%
23 Busey Bank C 86 0.0%6.88%
24 United Shore Financial Services B 85 12.5%6.87%
25 Spring Eq D 73 28.6%8.80%

What Iroquois County borrowers applied for

By loan purpose

Home purchase 313 50% · 9.3% denied
Refinance 78 13% · 18.0% denied
Cash-out refinance 110 18% · 32.7% denied
Home improvement 40 6% · 37.5% denied
Other / HELOC 80 13% · 33.8% denied

By loan type

Conventional 459 74% · 18.1% denied
FHA 102 16% · 23.5% denied
VA 49 8% · 22.5% denied
USDA / RHS 11 2% · 27.3% denied

Why applications were denied

Credit history 43 37%
Debt-to-income ratio 23 20%
Incomplete application 21 18%
Collateral 18 16%
Other 10 9%
Employment history 1 1%

Iroquois County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202349629221.0%6.95%$105,000
202453832021.2%6.99%$105,000
202562134719.5%6.88%$115,000

Frequently asked questions

19.5% of applications in Iroquois County were denied in 2025, against 17.1% statewide in Illinois.

Rocket Mortgage, with 39 applications in 2025 and a denial rate of 20.5%.

The median mortgage application in Iroquois County in 2025 was for $115,000; the median property value on originated loans was $185,000.