Kankakee County, Illinois · 2025

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

240 lenders acted on 3,545 mortgage applications for properties in Kankakee County in 2025. 18.8% were denied (Illinois: 17.1%). Median rate on closed loans 6.75%; median loan $135,000; median property value $235,000.

3.5kApplications
18.8%Denial ratestate 17.1%
6.75%Median ratestate 6.75%
$135,000Median loan
$235,000Median property value

Largest lenders in Kankakee County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Rocket Mortgage C 211156 17.5%6.50%
2 Midland States Bank C 204112 31.4%6.56%
3 Primelending, a Plainscapital A 159128 5.0%6.63%
4 Municipal Trust and Savings Bank B 157131 5.7%
5 Peoples Bank of Kankakee County C 14298 7.8%
6 Guaranteed Rate B 13282 5.3%6.75%
7 PNC Bank D 12269 27.9%7.43%
8 United Shore Financial Services B 11289 9.8%6.50%
9 21st Mortgage F 11147 38.7%11.95%
10 National Bank of St. Anne A 7966 3.8%
11 First American Bank C 7844 30.8%6.38%
12 Crosscountry Mortgage B 7648 4.0%6.58%
13 Mortgage Research Center C 7534 16.0%6.50%
14 Triad Financial Services D 7211 72.2%8.72%
15 Ixonia Bank C 6650 1.5%6.75%
16 Freedom Mortgage B 5921 15.3%6.25%
17 First Financial Bank D 5630 37.5%5.99%
18 First Trust Bank of Illinois 5442 9.3%
19 JPMorgan Chase Bank B 5235 11.5%6.50%
20 Pennymac Loan Services C 4923 10.2%6.38%
21 AmeriSave Mortgage D 4711 59.6%6.75%
22 Loandepot.Com D 4731 21.3%7.06%
23 Broker Solutions D 4416 6.8%7.25%
24 Coastal Community Bank C 408 0.0%10.12%
25 Nationstar Mortgage C 3725 16.2%7.38%

Best approval odds in Kankakee County

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

What Kankakee County borrowers applied for

By loan purpose

Home purchase 1,747 49% · 12.7% denied
Refinance 539 15% · 13.7% denied
Cash-out refinance 622 18% · 23.6% denied
Home improvement 245 7% · 29.0% denied
Other / HELOC 392 11% · 38.8% denied

By loan type

Conventional 2,702 76% · 19.7% denied
FHA 573 16% · 16.8% denied
VA 265 7% · 14.7% denied
USDA / RHS 5 0% · 0.0% denied

Why applications were denied

Credit history 208 32%
Debt-to-income ratio 171 27%
Collateral 100 16%
Incomplete application 78 12%
Other 45 7%
Unverifiable information 20 3%
Insufficient cash 12 2%
Employment history 9 1%

Kankakee County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20232,8481,72218.8%6.99%$115,000
20243,2021,88619.9%6.99%$135,000
20253,5452,07218.8%6.75%$135,000

Frequently asked questions

18.8% of applications in Kankakee County were denied in 2025, against 17.1% statewide in Illinois.

Rocket Mortgage, with 211 applications in 2025 and a denial rate of 17.5%.

The median mortgage application in Kankakee County in 2025 was for $135,000; the median property value on originated loans was $235,000.