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2024 data HMDA 2024 disclosure official source

Iroquois County

606 mortgage applications, 18.8% denial rate. Verify FIPS 17075 with U.S. Census Bureau →

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Illinois · FIPS 17075

Local mortgage market. Iroquois County, Illinois saw 606 HMDA-reported mortgage applications in 2024. Lenders originated 318 of those loans and denied 114, producing a denial rate of 18.8% and an approval (origination) rate of 52.5%. The average loan amount was $127,541 at an average note rate of 6.96%, with applicants self-reporting average annual income of $37K. 90 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 3.4x, meaning typical borrowers took on mortgages of about 3.4 times their annual income. That ratio is a rough affordability signal: higher multiples imply tighter monthly budgets and greater exposure to rate or income shocks. See our methodology for how to read the denial rate against a local applicant pool.

FIPS 17075 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

606
Applications
318
Originated
18.8%
Denial Rate
52.5%
Approval Rate
$127,541
Avg Loan Amount
6.96%
Avg Interest Rate
$37K
Avg Applicant Income
3.4x
Loan-to-Income Ratio

Nearby Lenders in Iroquois County

Top HMDA-reporting lenders active in this county. Compare any two side-by-side for rates, denial rates, and loan mix.

# Lender Originated Market Share
1 Rocket Mortgage 23 7.2%
2 Ixonia Bank 20 6.3%
3 First Financial Bank 18 5.7%
4 Iroquois Federal Savings & Loan Association 15 4.7%
5 First State Bank of Forrest 14 4.4%
Compare Rocket Mortgage vs Ixonia Bank →

Frequently Asked Questions

How many mortgage applications were filed in Iroquois County?
In the 2024 HMDA reporting year, 606 mortgage applications were filed in Iroquois County, Illinois. Of these, 318 were originated (approved and funded), while 114 were denied, resulting in a denial rate of 18.8%.
What is the mortgage denial rate in Iroquois County?
The mortgage denial rate in Iroquois County is 18.8%. The approval (origination) rate is 52.5%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Iroquois County?
The average mortgage loan amount in Iroquois County is $127,541. The average interest rate is 6.958%. The average applicant income is $37K.
What is the loan-to-income ratio in Iroquois County?
The average loan-to-income ratio in Iroquois County is 3.4x, meaning borrowers took on loans averaging 3.4 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Iroquois County?
The top mortgage lenders in Iroquois County by origination volume are Rocket Mortgage, Ixonia Bank, First Financial Bank. In total, 90 lenders reported mortgage activity in this county.
Where does this mortgage data come from?
This data comes from the CFPB HMDA 2024 Snapshot National Loan-Level Dataset, a mandatory federal disclosure dataset covering all mortgage applications filed with HMDA-reporting institutions. County boundaries are identified by FIPS codes.

Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. County FIPS codes per U.S. Census Bureau standards.

Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.