Knox County, Illinois · 2025

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

136 lenders acted on 1,280 mortgage applications for properties in Knox County in 2025. 18.1% were denied (Illinois: 17.1%). Median rate on closed loans 6.75%; median loan $75,000; median property value $145,000.

1.3kApplications
18.1%Denial ratestate 17.1%
6.75%Median ratestate 6.75%
$75,000Median loan
$145,000Median property value

Largest lenders in Knox County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 CBI Bank & Trust C 236200 9.8%7.30%
2 Zippy Loans D 10018 36.0%8.00%
3 Rocket Mortgage C 6242 24.2%6.88%
4 Midwest Bank A 6159 0.0%
5 I. H. Mississippi Valley Credit Union B 5835 10.3%6.38%
6 Old National Bank B 4520 28.9%6.56%
7 Citizens Equity First B 4321 9.3%7.00%
8 Mortgage Research Center C 4026 12.5%6.63%
9 First Mid Bank & Trust C 3826 23.7%6.50%
10 Servion B 3625 8.3%6.50%
11 INB B 2718 11.1%6.50%
12 Broker Solutions D 2514 12.0%7.06%
13 Towne Mortgage B 2118 4.8%6.00%
14 AmeriSave Mortgage D 207 55.0%7.50%
15 GREENSTATE Credit Union B 1915 15.8%6.63%
16 Flat Branch Mortgage A 1914 15.8%6.50%
17 United Community Bank C 1815 5.6%6.25%
18 Community Banc Mortgage C 1713 17.7%6.63%
19 United Shore Financial Services B 1612 18.8%6.18%
20 Freedom Mortgage B 155 6.7%6.38%
21 Wells Fargo Bank B 1410 14.3%6.44%
22 PNC Bank D 146 42.9%6.63%
23 Figure Lending C 149 21.4%7.70%
24 Connexus Credit Union C 146 42.9%5.99%
25 Pennymac Loan Services C 133 15.4%5.99%

Best approval odds in Knox County

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

#LenderDecidedDecision denial rate
1Midwest Bank610.0%
2CBI Bank & Trust22410.3%
3Rocket Mortgage5925.4%
4Zippy Loans5565.5%

What Knox County borrowers applied for

By loan purpose

Home purchase 680 53% · 12.8% denied
Refinance 180 14% · 16.7% denied
Cash-out refinance 170 13% · 28.2% denied
Home improvement 127 10% · 23.6% denied
Other / HELOC 123 10% · 29.3% denied

By loan type

Conventional 1,010 79% · 17.7% denied
FHA 167 13% · 22.2% denied
VA 93 7% · 14.0% denied
USDA / RHS 10 1% · 20.0% denied

Why applications were denied

Debt-to-income ratio 75 33%
Credit history 63 27%
Collateral 39 17%
Other 20 9%
Incomplete application 17 7%
Employment history 6 3%
Unverifiable information 5 2%
Insufficient cash 5 2%

Knox County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,23483517.6%7.13%$65,000
20241,24778918.8%7.10%$65,000
20251,28079718.1%6.75%$75,000

Frequently asked questions

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

CBI Bank & Trust, with 236 applications in 2025 and a denial rate of 9.8%.

The median mortgage application in Knox County in 2025 was for $75,000; the median property value on originated loans was $145,000.