Mason County, Illinois · 2025

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

72 lenders acted on 364 mortgage applications for properties in Mason County in 2025. 20.6% were denied (Illinois: 17.1%). Median rate on closed loans 6.75%; median loan $85,000; median property value $125,000.

364Applications
20.6%Denial ratestate 17.1%
6.75%Median ratestate 6.75%
$85,000Median loan
$125,000Median property value

Largest lenders in Mason County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Citizens Equity First B 5134 17.7%7.25%
2 Petefish, Skiles & C 4535 13.3%6.63%
3 Morton Community Bank B 3224 21.9%7.19%
4 Rocket Mortgage C 2310 39.1%7.00%
5 Flat Branch Mortgage A 2219 0.0%6.75%
6 Alliance Community Bank B 1710 41.2%
7 The Havana National Bank 1511 20.0%
8 U.S. Bank D 106 20.0%7.18%
9 Mortgage Research Center C 87 12.5%6.63%
10 United Shore Financial Services B 76 0.0%6.50%
11 AmeriSave Mortgage D 61 83.3%7.63%
12 Heartland Bank and Trust D 54 20.0%6.96%
13 Fairway Independent Mortgage B 55 0.0%6.75%
14 Broker Solutions D 53 0.0%6.81%
15 Loandepot.Com D 53 40.0%7.25%
16 The First National Bank in Tremont 54 20.0%

What Mason County borrowers applied for

By loan purpose

Home purchase 200 55% · 13.5% denied
Refinance 52 14% · 17.3% denied
Cash-out refinance 46 13% · 43.5% denied
Home improvement 36 10% · 27.8% denied
Other / HELOC 30 8% · 30.0% denied

By loan type

Conventional 281 77% · 20.3% denied
FHA 57 16% · 24.6% denied
VA 19 5% · 15.8% denied
USDA / RHS 7 2% · 14.3% denied

Why applications were denied

Credit history 27 42%
Collateral 13 20%
Debt-to-income ratio 10 15%
Incomplete application 7 11%
Other 5 8%
Unverifiable information 2 3%
Insufficient cash 1 2%

Mason County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202326116316.1%7.00%$75,000
202429919720.1%6.93%$85,000
202536423620.6%6.75%$85,000

Frequently asked questions

20.6% of applications in Mason County were denied in 2025, against 17.1% statewide in Illinois.

Citizens Equity First, with 51 applications in 2025 and a denial rate of 17.7%.

The median mortgage application in Mason County in 2025 was for $85,000; the median property value on originated loans was $125,000.