Vermilion County, Illinois · 2025

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

143 lenders acted on 1,739 mortgage applications for properties in Vermilion County in 2025. 17.9% were denied (Illinois: 17.1%). Median rate on closed loans 6.75%; median loan $95,000; median property value $135,000.

1.7kApplications
17.9%Denial ratestate 17.1%
6.75%Median ratestate 6.75%
$95,000Median loan
$135,000Median property value

Largest lenders in Vermilion County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Longview Bank A 153129 5.2%
2 The Fisher National Bank A 126115 0.8%
3 Iroquois Federal Savings and Loan Association B 119100 6.7%
4 Broker Solutions D 9556 6.3%6.75%
5 Crosscountry Mortgage B 9170 2.2%6.63%
6 Old National Bank B 8934 44.9%6.68%
7 Rocket Mortgage C 8656 26.7%6.88%
8 First Financial Bank C 8057 20.0%6.75%
9 Mortgage Research Center C 6030 21.7%6.50%
10 First Farmers Bank & Trust C 5236 21.2%7.25%
11 Flat Branch Mortgage A 5146 0.0%6.75%
12 First Financial Bank D 3521 31.4%6.50%
13 University of Illinois Community Credit Union B 3526 8.6%6.13%
14 The Gifford State Bank 2929 0.0%
15 Freedom Mortgage B 2914 6.9%6.25%
16 AmeriSave Mortgage D 285 71.4%8.75%
17 New Day Financial F 273 37.0%6.49%
18 United Shore Financial Services B 2415 20.8%6.00%
19 Loandepot.Com D 2212 36.4%6.56%
20 Pennymac Loan Services C 219 14.3%6.25%
21 21st Mortgage F 193 73.7%12.77%
22 First State Mortgage Services A 1910 10.5%6.31%
23 Busey Bank C 1512 20.0%7.06%
24 Newrez D 153 13.3%6.75%
25 U.S. Bank D 131 76.9%6.88%

Best approval odds in Vermilion County

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

What Vermilion County borrowers applied for

By loan purpose

Home purchase 856 49% · 9.7% denied
Refinance 309 18% · 11.3% denied
Cash-out refinance 262 15% · 27.5% denied
Home improvement 153 9% · 40.5% denied
Other / HELOC 159 9% · 37.1% denied

By loan type

Conventional 1,277 73% · 17.9% denied
FHA 243 14% · 20.2% denied
VA 187 11% · 16.6% denied
USDA / RHS 32 2% · 6.3% denied

Why applications were denied

Credit history 115 38%
Collateral 57 19%
Debt-to-income ratio 53 18%
Incomplete application 30 10%
Other 26 9%
Employment history 7 2%
Insufficient cash 7 2%
Unverifiable information 6 2%

Vermilion County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,47490020.2%7.00%$75,000
20241,48693318.7%6.99%$85,000
20251,7391,10917.9%6.75%$95,000

Frequently asked questions

17.9% of applications in Vermilion County were denied in 2025, against 17.1% statewide in Illinois.

Longview Bank, with 153 applications in 2025 and a denial rate of 5.2%.

The median mortgage application in Vermilion County in 2025 was for $95,000; the median property value on originated loans was $135,000.