Tazewell County on Best Places to Get A Mortgage List

SmartAsset, a New York financial technology company, recently released their second annual study on the Best Places to Get a Mortgage. The study determines the top markets by comparing the likelihood of mortgage approval by county, in addition to mortgage rates, average five-year borrowing costs, and property taxes. Tazewell County cracked the list at number 7 in Illinois, up from 28 in 2015.

Check out the table below to see how Tazewell County compares to the leaders in Illinois:

Rank	County	Loan Funding Rate	5 Year Borrowing Costs	Property Tax	Annual Mortgage Payment	Best Mortgage Markets Index
1	Wabash, IL	62.50%	$76,807	$20,605	$14,436	43.04
2	Menard, IL	77.24%	$77,323	$24,653	$14,539	37.01
3	Scott, IL	68.57%	$77,323	$18,758	$14,539	36.30
4	Richland, IL	68.37%	$77,323	$19,146	$14,539	35.91
5	Stark, IL	75.25%	$77,323	$25,042	$14,539	35.62
6	Fayette, IL	69.09%	$77,323	$20,447	$14,539	35.39
7	Tazewell, IL	75.72%	$77,323	$25,893	$14,539	35.28
8	Sangamon, IL	75.28%	$77,323	$25,653	$14,539	35.20
9	Adams, IL	69.38%	$77,323	$21,916	$14,539	34.52
10	Pike, IL	68.12%	$77,323	$21,457	$14,539	34.13

This free study is distributed annually to community leaders in the ranking areas.