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2024 data HMDA 2024 disclosure official source

Menard County

335 mortgage applications, 12.2% denial rate. Verify FIPS 17129 with U.S. Census Bureau →

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Illinois · FIPS 17129

Local mortgage market. Menard County, Illinois saw 335 HMDA-reported mortgage applications in 2024. Lenders originated 208 of those loans and denied 41, producing a denial rate of 12.2% and an approval (origination) rate of 62.1%. The average loan amount was $146,731 at an average note rate of 7.24%, with applicants self-reporting average annual income of $34K. 49 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 4.3x, meaning typical borrowers took on mortgages of about 4.3 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 17129 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

335
Applications
208
Originated
12.2%
Denial Rate
62.1%
Approval Rate
$146,731
Avg Loan Amount
7.24%
Avg Interest Rate
$34K
Avg Applicant Income
4.3x
Loan-to-Income Ratio

Nearby Lenders in Menard 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 Alliance Community Bank 55 26.4%
2 Petefish Skiles & Co Bank 27 13.0%
3 Inb, National Association 13 6.3%
4 Citizens Equity First Credit U 9 4.3%
5 Guaranteed Rate, INC. 7 3.4%
Compare Alliance Community Bank vs Petefish Skiles & Co Bank →

Frequently Asked Questions

How many mortgage applications were filed in Menard County?
In the 2024 HMDA reporting year, 335 mortgage applications were filed in Menard County, Illinois. Of these, 208 were originated (approved and funded), while 41 were denied, resulting in a denial rate of 12.2%.
What is the mortgage denial rate in Menard County?
The mortgage denial rate in Menard County is 12.2%. The approval (origination) rate is 62.1%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Menard County?
The average mortgage loan amount in Menard County is $146,731. The average interest rate is 7.238%. The average applicant income is $34K.
What is the loan-to-income ratio in Menard County?
The average loan-to-income ratio in Menard County is 4.3x, meaning borrowers took on loans averaging 4.3 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Menard County?
The top mortgage lenders in Menard County by origination volume are Alliance Community Bank, Petefish Skiles & Co Bank, Inb, National Association. In total, 49 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.