Investment property cash-out lenders in Madison County, Illinois
Fat Boy Data analyzed investment 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. 193 applications were decided by 65 lenders between 2023 and 2025.
Madison County at a glance
How Madison County compares
What the data shows
FCB Banks made the most investment cash-out refinances in Madison County, IL, 40 of them.
That is 29% of every investment cash-out refinance originated here, so this market is unusually concentrated in one lender.
FCB Banks approved the highest share of applications among lenders with at least 20 decisions here, 93% of 45.
The typical investment cash-out refinance here is $115K, 38% smaller than the Illinois typical of $185K.
Investment property cash-out lenders in Madison County
| Lender | Approval | Approved | Taken up | Typical loan | Loans made | |
|---|---|---|---|---|---|---|
| 1 | FCB Banks | 93% | 42 / 45 | 95% | $135K | 40 |
| 2 | United Wholesale Mortgage, LLCBroker only | 43% | 6 / 14 | 100% | $85K | 6 |
| 3 | First Mid Bank & Trust, National AssociationLimited sample | 88% | 7 / 8 | 100% | $85K | 7 |
| 4 | American Heritage Lending, LLCLimited sample | 86% | 6 / 7 | 100% | $85K | 6 |
| 5 | 1St Midamerica Credit UnionLimited sample | 50% | 3 / 6 | 100% | $185K | 3 |
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 60 more lenders.
Free. One email unlocks the whole market.
You are seeing the 5 largest investment 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.
- Every lender, ranked
- Approval and take-up rates
- Typical loan and full range
- Nearest office and distance
- Branch count and how to apply
- How reachable each lender is
We email you the unlock link and occasional updates on your market. We may share your interest with mortgage providers so they can contact you. How we use your data. Unsubscribe any time.