Peoria County, Illinois · 2025

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

258 lenders acted on 5,483 mortgage applications for properties in Peoria County in 2025. 14.2% were denied (Illinois: 17.1%). Median rate on closed loans 6.75%; median loan $105,000; median property value $185,000.

5.5kApplications
14.2%Denial ratestate 17.1%
6.75%Median ratestate 6.75%
$105,000Median loan
$185,000Median property value

Largest lenders in Peoria County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Citizens Equity First B 1,165770 10.3%6.88%
2 Flat Branch Mortgage A 424352 1.2%6.63%
3 United Shore Financial Services B 324264 12.0%6.73%
4 Morton Community Bank B 267198 13.5%7.00%
5 Mld Mortgage A 257200 3.5%6.63%
6 U.S. Bank D 207134 23.7%6.63%
7 Rocket Mortgage C 197150 16.2%6.75%
8 PNC Bank D 16280 29.0%7.34%
9 INB B 11291 3.6%6.75%
10 Mortgage Research Center C 11267 14.3%6.25%
11 Better Banks A 9575 1.1%
12 Newrez D 9423 21.3%6.75%
13 Zippy Loans D 8117 32.1%8.00%
14 Commerce Bank D 8136 40.7%7.44%
15 JPMorgan Chase Bank B 7957 7.6%6.49%
16 Busey Bank C 6847 13.2%7.26%
17 Coastal Community Bank C 5722 0.0%11.37%
18 Pennymac Loan Services C 5225 13.5%6.13%
19 Broker Solutions D 5126 11.8%6.75%
20 AmeriSave Mortgage D 508 78.0%9.94%
21 Navy Federal Credit Union D 4717 21.3%7.25%
22 Goodfield State Bank A 4545 0.0%
23 Regions Bank C 417 56.1%4.99%
24 Loandepot.Com D 4121 29.3%6.75%
25 CBI Bank & Trust C 3930 10.3%6.95%

Best approval odds in Peoria County

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

#LenderDecidedDecision denial rate
1Better Banks871.2%
2Flat Branch Mortgage3591.4%
3Mld Mortgage2224.1%
4INB974.1%
5JPMorgan Chase Bank649.4%
6United Shore Financial Services30512.8%
7Citizens Equity First90313.3%
8Morton Community Bank24015.0%
9Busey Bank5616.1%
10Rocket Mortgage18417.4%

What Peoria County borrowers applied for

By loan purpose

Home purchase 2,839 52% · 6.6% denied
Refinance 725 13% · 11.5% denied
Cash-out refinance 672 12% · 26.2% denied
Home improvement 601 11% · 25.6% denied
Other / HELOC 646 12% · 27.6% denied

By loan type

Conventional 4,509 82% · 13.7% denied
FHA 623 11% · 18.1% denied
VA 338 6% · 14.2% denied
USDA / RHS 13 0% · 7.7% denied

Why applications were denied

Credit history 232 30%
Debt-to-income ratio 232 30%
Collateral 115 15%
Incomplete application 74 10%
Other 73 9%
Employment history 19 2%
Unverifiable information 15 2%
Insufficient cash 14 2%

Peoria County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20234,7503,18514.0%6.88%$95,000
20245,0893,31915.9%6.99%$105,000
20255,4833,55114.2%6.75%$105,000

Frequently asked questions

14.2% of applications in Peoria County were denied in 2025, against 17.1% statewide in Illinois.

Citizens Equity First, with 1,165 applications in 2025 and a denial rate of 10.3%.

The median mortgage application in Peoria County in 2025 was for $105,000; the median property value on originated loans was $185,000.