Largest lenders in Washington County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Regions Bank | C | 49 | 23 | 38.8% | 4.99% |
| 2 | The Farmers and Merchants National Bank of Nashville | – | 21 | 20 | 0.0% | — |
| 3 | Rocket Mortgage | C | 17 | 12 | 23.5% | 6.12% |
| 4 | Broker Solutions | D | 15 | 8 | 0.0% | 6.88% |
| 5 | FCB Banks | C | 14 | 9 | 21.4% | 6.75% |
| 6 | Mortgage Research Center | C | 13 | 7 | 7.7% | 6.50% |
| 7 | Delmar Financial | A | 13 | 12 | 7.7% | 6.50% |
| 8 | Guaranteed Rate | B | 12 | 9 | 8.3% | 6.31% |
| 9 | U.S. Bank | D | 9 | 6 | 33.3% | 7.49% |
| 10 | The Bradford National Bank of Greenville | A | 9 | 8 | 0.0% | — |
| 11 | Scott Credit Union | C | 8 | 5 | 37.5% | 5.88% |
| 12 | Freedom Mortgage | B | 6 | 2 | 0.0% | 7.06% |
| 13 | First National Bank of Waterloo | A | 6 | 4 | 16.7% | 6.88% |
| 14 | Discover Bank | F | 5 | 2 | 60.0% | 10.24% |
| 15 | Endeavor Capital, LLC. | C | 5 | 3 | 0.0% | 6.94% |
| 16 | Guild Mortgage | A | 5 | 4 | 0.0% | 6.13% |
| 17 | Loandepot.Com | D | 5 | 1 | 60.0% | 6.99% |
| 18 | Vanderbilt Mortgage and Finance | F | 5 | 0 | 20.0% | — |
What Washington County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Washington County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 306 | 186 | 21.9% | 6.99% | $105,000 |
| 2024 | 326 | 186 | 20.6% | 6.99% | $105,000 |
| 2025 | 320 | 194 | 18.8% | 6.63% | $105,000 |
Frequently asked questions
18.8% of applications in Washington County were denied in 2025, against 17.1% statewide in Illinois.
Regions Bank, with 49 applications in 2025 and a denial rate of 38.8%.
The median mortgage application in Washington County in 2025 was for $105,000; the median property value on originated loans was $185,000.