Armed Forces Bank in Illinois vs the state
14.8%Denial rate-2.31 pts vs state
24.2%Decision denial rate+2.56 pts vs state
46.3%Origination rate-12.44 pts vs state
6.13%Median rate-0.63 pts vs state
-0.39Rate spread (pts)-0.77 pts vs state
$112kMedian applicant income
25Loans originated
8Denied
Trend in Illinois
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 23 | 14 | 13.0% | 6.31% | #574 |
| 2024 | 33 | 21 | 9.1% | 6.38% | #514 |
| 2025 | 54 | 25 | 14.8% | 6.13% | #449 |
What Armed Forces Bank lends in Illinois
By loan purpose
By loan type
Why it denied Illinois applicants
Where in Illinois
Counties with the most Armed Forces Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cook County | 14 | 3 | 5 | 35.7% |
| St. Clair County | 9 | 5 | 0 | 0.0% |
| Lake County | 6 | 5 | 0 | 0.0% |
| Madison County | 3 | 1 | 1 | 33.3% |
| Sangamon County | 3 | 3 | 0 | 0.0% |
| Kane County | 3 | 2 | 0 | 0.0% |
| DuPage County | 3 | 2 | 0 | 0.0% |
| Hancock County | 2 | 1 | 0 | 0.0% |
| Peoria County | 2 | 0 | 1 | 50.0% |
| Ogle County | 2 | 2 | 0 | 0.0% |
Other large lenders in Illinois
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Guaranteed Rate | B | 17,479 | 4.9% | 6.63% |
| Rocket Mortgage | C | 16,971 | 19.7% | 6.75% |
| United Shore Financial Services | B | 15,644 | 13.0% | 6.50% |
| JPMorgan Chase Bank | B | 13,574 | 9.7% | 6.49% |
| U.S. Bank | D | 10,076 | 38.3% | 7.00% |
| Crosscountry Mortgage | B | 8,779 | 4.5% | 6.75% |
| Fifth Third Bank | D | 8,628 | 32.1% | 7.50% |
| The Huntington National Bank | D | 8,226 | 31.9% | 6.99% |
| BMO Bank | F | 8,007 | 32.7% | 8.33% |
| Loandepot.Com | D | 7,019 | 17.7% | 6.88% |
Frequently asked questions
Illinois: 54 applications in 2025, of which 25 were originated and 8 denied.
14.8% of all applications, or 24.2% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.
The median rate on loans Armed Forces Bank originated in Illinois in 2025 was 6.13%, against a statewide median of 6.75%.
About this data. Figures are Armed Forces Bank's own HMDA filing for properties located in Illinois, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology