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Piatt County, Illinois · 2025

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

102 lenders acted on 551 mortgage applications for properties in Piatt County in 2025. 10.9% were denied (Illinois: 17.1%). Median rate on closed loans 6.75%; median loan $155,000; median property value $230,000.

551Applications
10.9%Denial ratestate 17.1%
6.75%Median ratestate 6.75%
$155,000Median loan
$230,000Median property value

Largest lenders in Piatt County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 First State Bank and Trust A 4944 2.0%—
2 Broker Solutions D 4132 2.4%6.75%
3 Rocket Mortgage C 4029 17.5%6.88%
4 Flat Branch Mortgage A 2524 4.0%6.75%
5 First Mid Bank & Trust C 2213 22.7%7.00%
6 State Bank of Bement – 2113 9.5%—
7 Busey Bank C 2118 4.8%6.88%
8 University of Illinois Community Credit Union B 1912 10.5%5.50%
9 Primelending, a Plainscapital A 1715 0.0%6.49%
10 Mortgage Research Center C 1510 6.7%6.00%
11 First State Bank of Forrest A 1312 0.0%—
12 PNC Bank D 127 25.0%7.84%
13 Citizens Equity First B 1211 0.0%7.25%
14 Morton Community Bank B 119 18.2%6.63%
15 The Fisher National Bank A 1111 0.0%—
16 Pennymac Loan Services C 94 11.1%5.93%
17 Longview Bank A 88 0.0%—
18 Prairie State Bank and Trust A 88 0.0%6.69%
19 Spring Eq D 71 57.1%7.53%
20 Newrez D 75 0.0%6.88%
21 Decatur Earthmover Credit Union C 76 0.0%6.38%
22 First Federal Savings Bank of Champaign Urbana A 77 0.0%—
23 AmeriSave Mortgage D 62 66.7%8.13%
24 Hickory Point Bank and Trust B 64 0.0%—
25 Freedom Mortgage B 63 16.7%6.25%

What Piatt County borrowers applied for

By loan purpose

Home purchase 315 57% · 7.6% denied
Refinance 100 18% · 11.0% denied
Cash-out refinance 67 12% · 17.9% denied
Home improvement 28 5% · 14.3% denied
Other / HELOC 41 7% · 22.0% denied

By loan type

Conventional 429 78% · 10.5% denied
FHA 65 12% · 15.4% denied
VA 51 9% · 9.8% denied
USDA / RHS 6 1% · 0.0% denied

Why applications were denied

Debt-to-income ratio 17 29%
Credit history 14 24%
Incomplete application 9 16%
Collateral 8 14%
Other 7 12%
Unverifiable information 2 3%
Employment history 1 2%

Piatt County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202343629315.4%6.75%$125,000
202447234912.7%6.95%$135,000
202555140010.9%6.75%$155,000

Frequently asked questions

10.9% of applications in Piatt County were denied in 2025, against 17.1% statewide in Illinois.

First State Bank and Trust, with 49 applications in 2025 and a denial rate of 2.0%.

The median mortgage application in Piatt County in 2025 was for $155,000; the median property value on originated loans was $230,000.