Largest lenders in Morgan County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | CNB Bank And Trust | C | 81 | 59 | 14.8% | 6.38% |
| 2 | Petefish, Skiles & | C | 75 | 54 | 17.3% | 6.69% |
| 3 | Zippy Loans | D | 72 | 17 | 44.4% | 8.00% |
| 4 | U.S. Bank | D | 43 | 19 | 44.2% | 7.88% |
| 5 | Mortgage Research Center | C | 38 | 28 | 15.8% | 6.63% |
| 6 | Affordable Mortgage Advisors, LLC. | B | 27 | 24 | 0.0% | 6.75% |
| 7 | Prairie State Bank and Trust | A | 25 | 23 | 0.0% | 6.50% |
| 8 | Heartland Bank and Trust | D | 23 | 13 | 26.1% | 7.13% |
| 9 | Broker Solutions | D | 23 | 8 | 17.4% | 6.93% |
| 10 | Bank of Springfield | B | 22 | 16 | 18.2% | 6.63% |
| 11 | Rocket Mortgage | C | 22 | 12 | 31.8% | 6.63% |
| 12 | INB | B | 13 | 10 | 15.4% | 6.69% |
| 13 | Citizens Equity First | B | 12 | 7 | 16.7% | 6.13% |
| 14 | Heartland | A | 11 | 7 | 18.2% | 6.38% |
| 15 | AmeriSave Mortgage | D | 11 | 0 | 63.6% | — |
| 16 | Figure Lending | C | 10 | 5 | 30.0% | 8.65% |
| 17 | Pennymac Loan Services | C | 9 | 3 | 11.1% | 6.25% |
| 18 | PNC Bank | D | 9 | 5 | 22.2% | 6.88% |
| 19 | United Shore Financial Services | B | 8 | 3 | 50.0% | 6.63% |
| 20 | Warren-Boynton State Bank | – | 8 | 8 | 0.0% | — |
| 21 | Coastal Community Bank | C | 8 | 2 | 12.5% | 9.12% |
| 22 | Discover Bank | F | 7 | 0 | 85.7% | — |
| 23 | United Community Bank | C | 7 | 3 | 28.6% | 5.99% |
| 24 | Hickory Point Bank and Trust | B | 6 | 6 | 0.0% | — |
| 25 | Freedom Mortgage | B | 6 | 3 | 0.0% | 6.38% |
Best approval odds in Morgan County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | CNB Bank And Trust | 72 | 16.7% |
| 2 | Petefish, Skiles & | 67 | 19.4% |
What Morgan County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Morgan County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 536 | 365 | 17.0% | 6.95% | $85,000 |
| 2024 | 612 | 377 | 18.8% | 6.88% | $95,000 |
| 2025 | 709 | 414 | 22.6% | 6.63% | $85,000 |
Frequently asked questions
22.6% of applications in Morgan County were denied in 2025, against 17.1% statewide in Illinois.
CNB Bank And Trust, with 81 applications in 2025 and a denial rate of 14.8%.
The median mortgage application in Morgan County in 2025 was for $85,000; the median property value on originated loans was $155,000.