Woodford County, Illinois · 2025

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

128 lenders acted on 1,279 mortgage applications for properties in Woodford County in 2025. 14.1% were denied (Illinois: 17.1%). Median rate on closed loans 6.88%; median loan $125,000; median property value $245,000.

1.3kApplications
14.1%Denial ratestate 17.1%
6.88%Median ratestate 6.75%
$125,000Median loan
$245,000Median property value

Largest lenders in Woodford County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Citizens Equity First B 217159 5.1%7.25%
2 Goodfield State Bank A 128126 1.6%
3 Morton Community Bank B 10282 9.8%7.13%
4 Flat Branch Mortgage A 5951 1.7%6.63%
5 Rocket Mortgage C 4633 23.9%6.75%
6 21st Mortgage F 457 80.0%9.62%
7 United Shore Financial Services B 3625 13.9%6.63%
8 Flanagan State Bank D 3629 5.6%6.88%
9 Heartland Bank and Trust D 3225 12.5%7.25%
10 First State Mortgage Services A 3229 3.1%6.75%
11 U.S. Bank D 3023 10.0%6.50%
12 Newrez D 2712 11.1%7.94%
13 PNC Bank D 2617 19.2%8.31%
14 Mld Mortgage A 2116 4.8%6.63%
15 Broker Solutions D 169 6.3%6.75%
16 Triad Financial Services D 150 100.0%
17 Coastal Community Bank C 154 0.0%12.99%
18 Commerce Bank D 147 42.9%6.13%
19 Busey Bank C 1412 7.1%6.88%
20 Compeer Financial, Flca C 1410 0.0%6.93%
21 Synergy One Lending C 1413 7.1%6.75%
22 AmeriSave Mortgage D 123 58.3%6.13%
23 Spring Eq D 122 33.3%10.10%
24 Loandepot.Com D 126 41.7%6.87%
25 Zippy Loans D 111 63.6%10.05%

Best approval odds in Woodford County

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

#LenderDecidedDecision denial rate
1Goodfield State Bank1281.6%
2Flat Branch Mortgage521.9%
3Citizens Equity First1726.4%
4Morton Community Bank9410.6%

What Woodford County borrowers applied for

By loan purpose

Home purchase 603 47% · 13.4% denied
Refinance 198 15% · 6.6% denied
Cash-out refinance 163 13% · 22.7% denied
Home improvement 142 11% · 12.0% denied
Other / HELOC 173 14% · 18.5% denied

By loan type

Conventional 1,091 85% · 13.4% denied
FHA 108 8% · 23.2% denied
VA 71 6% · 9.9% denied
USDA / RHS 9 1% · 22.2% denied

Why applications were denied

Credit history 65 37%
Debt-to-income ratio 47 27%
Collateral 23 13%
Incomplete application 20 11%
Other 9 5%
Employment history 5 3%
Insufficient cash 4 2%
Unverifiable information 4 2%

Woodford County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,00869513.1%7.00%$105,000
20241,00871511.5%7.00%$125,000
20251,27986514.1%6.88%$125,000

Frequently asked questions

14.1% of applications in Woodford County were denied in 2025, against 17.1% statewide in Illinois.

Citizens Equity First, with 217 applications in 2025 and a denial rate of 5.1%.

The median mortgage application in Woodford County in 2025 was for $125,000; the median property value on originated loans was $245,000.