Local lending intelligence · HMDA 2023–2025
Mortgage and lending data for Madison County, Illinois
Every institution that decided a 1–4 unit mortgage application in Madison County, home to Granite City, between 2023 and 2025: 20,202 applications, 16,177 loans actually funded, across 8 kinds of borrowing.
Madison County at a glance
20,202Applications decided
2023–2025
16,177Loans funded
80% of decisions
63Census tracts
21 ZIP codes
264,631People
ACS 2023
What the data shows
The typical purchase mortgage here is $175K.
Home improvement loans is the hardest money to get here: lenders approved 68% of 2,832 applications.
Lending by loan type in Madison County
| Loan type | Approval | Decided | Typical loan | Taken up | Lenders |
|---|---|---|---|---|---|
| Mortgage lenders | 90.2% | 10,682 | $175K | 97% | 316 |
| Home improvement loans | 68.2% | 2,832 | $55K | 93% | 101 |
| Cash-out refinance | 70.3% | 2,711 | $125K | 95% | 158 |
| Refinance | 83.0% | 2,387 | $115K | 94% | 162 |
| Investment property purchase | 92.6% | 1,055 | $105K | 97% | 140 |
| Investment cash-out refinance | 74.6% | 193 | $115K | 94% | 65 |
| Investment refinance | 85.8% | 190 | $95K | 97% | 55 |
| Investment home improvement | 72.4% | 152 | $65K | 99% | 35 |
Approval is the share of decided applications lenders approved; taken up is the share of approvals borrowers accepted. How the numbers work.