HomeIllinoisMadison CountyCash-out refinance
cash-out refinance lenders · HMDA 2023–2025

Cash-out refinance lenders in Madison County, Illinois

Fat Boy Data analyzed cash-out refinance activity in Madison County, Illinois to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 2,711 applications were decided by 158 lenders between 2023 and 2025.

Madison County at a glance

158Active lenders28 with 20+ decisions
70.3%Market approval rate1,907 of 2,711 decided
$125KTypical loanmedian lender, $10K brackets
95%Borrower take-up1,819 loans funded

How Madison County compares

Approval rate compared
Madison County70.3%Illinois66.4%All 616 counties68.2%
Typical loan compared
Madison County$125KIllinois$155KAll 616 counties$155K

What the data shows

Rocket Mortgage, LLC made the most cash-out refinances in Madison County, IL, 271 of them.

Midwest Members Credit Union approved the highest share of applications among lenders with at least 20 decisions here, 99% of 112.

The typical cash-out refinance here is $125K, 19% smaller than the Illinois typical of $155K.

Approval rate of all 28 lenders with 20+ decisions here
0%25%50%75%100%Mortgage Research Center, LLC: 21% approved of 52Amerisave Mortgage Corporation: 32% approved of 192Wells Fargo Bank, National Association: 47% approved of 30Navy Federal Credit Union: 48% approved of 23Carrington Mortgage Services, LLC: 50% approved of 68Associated Bank, National Association: 52% approved of 25Lakeview Loan Servicing, LLC: 53% approved of 36Regions Bank: 54% approved of 39American Financing Corporation: 55% approved of 20Loandepot.Com, LLC: 56% approved of 81Newrez LLC: 57% approved of 69Mutual of Omaha Mortgage, Inc.: 64% approved of 33Freedom Mortgage Corporation: 66% approved of 79Pennymac Loan Services, LLC: 70% approved of 64Rocket Mortgage, LLC: 70% approved of 3931St Midamerica Credit Union: 71% approved of 91U.S. Bank National Association: 72% approved of 61First Mid Bank & Trust, National Association: 73% approved of 26United Wholesale Mortgage, LLC: 76% approved of 115New American Funding, LLC: 76% approved of 95Carrollton Bank: 76% approved of 25FCB Banks: 76% approved of 21Nationstar Mortgage LLC: 80% approved of 60Busey Bank: 84% approved of 49Scott Credit Union: 89% approved of 104GCS Credit Union: 91% approved of 198Jlb Corporation: 97% approved of 62Midwest Members Credit Union: 99% approved of 112

Each dot is one lender, placed at its approval rate. Hover for the name and sample size.

Cash-out refinance lenders in Madison County

LenderApprovalApprovedTaken upTypical loanLoans made
1Rocket Mortgage, LLC70%277 / 39398%$125K271
2GCS Credit Union91%181 / 19898%$45K178
3Amerisave Mortgage Corporation32%62 / 19297%$75K60
4United Wholesale Mortgage, LLCBroker only76%87 / 11597%$215K84
5Midwest Members Credit Union99%111 / 112100%$45K111

Ranked by lending volume. Approval is the share of decided applications a lender approved; taken up is the share of approvals the borrower accepted. Lenders with fewer than 20 decisions are marked as a limited sample and are never used for a “highest approval” claim. How these numbers are built.

Fat Boy found 153 more lenders.

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You are seeing the 5 largest cash-out refinance lenders in Madison County. Unlock every lender who decided one of these loans here, what they approved, how much borrowers actually took, and how far the nearest office is.

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