Stephenson County, Illinois · 2025

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

152 lenders acted on 1,334 mortgage applications for properties in Stephenson County in 2025. 15.6% were denied (Illinois: 17.1%). Median rate on closed loans 6.75%; median loan $85,000; median property value $165,000.

1.3kApplications
15.6%Denial ratestate 17.1%
6.75%Median ratestate 6.75%
$85,000Median loan
$165,000Median property value

Largest lenders in Stephenson County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Kiavi Funding D 1990 0.0%
2 GREENSTATE Credit Union B 185130 6.5%6.63%
3 U.S. Bank D 6632 39.4%7.44%
4 Rocket Mortgage C 5939 25.4%6.75%
5 United Shore Financial Services B 5519 34.6%7.00%
6 Cornerstone Credit Union D 5335 15.1%6.48%
7 Fifth Third Bank D 4426 29.6%8.13%
8 Mortgage Research Center C 4318 23.3%6.44%
9 Union Savings Bank B 3824 10.5%
10 Plaza Home Mortgage C 2218 18.2%6.25%
11 Freedom Mortgage B 209 5.0%6.50%
12 Broker Solutions D 208 10.0%6.88%
13 First Mid Bank & Trust C 1913 5.3%7.13%
14 Guild Mortgage A 1916 0.0%6.63%
15 AmeriSave Mortgage D 176 52.9%7.31%
16 Crosscountry Mortgage B 167 12.5%6.63%
17 Figure Lending C 1610 25.0%10.25%
18 German-American State Bank C 1311 7.7%
19 Envoy Mortgage D 139 7.7%6.63%
20 Loandepot.Com D 129 16.7%6.99%
21 First Community CU of Beloit D 128 16.7%
22 Fairway Independent Mortgage B 118 9.1%6.88%
23 Newrez D 115 18.2%6.50%
24 JPMorgan Chase Bank B 108 0.0%6.63%
25 Carrington Mortgage Services D 103 50.0%6.50%

Best approval odds in Stephenson County

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

#LenderDecidedDecision denial rate
1GREENSTATE Credit Union1518.0%
2Rocket Mortgage5527.3%
3U.S. Bank5944.1%

What Stephenson County borrowers applied for

By loan purpose

Home purchase 557 42% · 11.5% denied
Refinance 352 26% · 7.1% denied
Cash-out refinance 201 15% · 23.9% denied
Home improvement 105 8% · 37.1% denied
Other / HELOC 119 9% · 26.9% denied

By loan type

Conventional 1,041 78% · 14.1% denied
FHA 187 14% · 21.9% denied
VA 90 7% · 18.9% denied
USDA / RHS 16 1% · 18.8% denied

Why applications were denied

Credit history 60 30%
Collateral 47 24%
Debt-to-income ratio 42 21%
Incomplete application 18 9%
Unverifiable information 14 7%
Other 12 6%
Insufficient cash 3 2%
Employment history 1 1%

Stephenson County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202385455316.9%6.75%$85,000
202494156718.0%6.88%$95,000
20251,33468115.6%6.75%$85,000

Frequently asked questions

15.6% of applications in Stephenson County were denied in 2025, against 17.1% statewide in Illinois.

Kiavi Funding, with 199 applications in 2025 and a denial rate of 0.0%.

The median mortgage application in Stephenson County in 2025 was for $85,000; the median property value on originated loans was $165,000.