Arvest Bank · Illinois · 2025

Arvest Bank in Illinois: approval rate, denial rate and rates (2025)

Arvest Bank took 49 mortgage applications in Illinois in 2025, ranking #463 of 1,150 lenders active in the state. It originated 40.8% of them and denied 20.4% (32.3% of the applications it decided), against a statewide denial rate of 17.1%.

49Applicationsin IL
32.3%Decision denial ratestate 21.7%
6.44%Median ratestate 6.75%
$195,000Median loanstate $185,000
$5.9MVolume25 counties

Arvest Bank in Illinois vs the state

20.4%Denial rate+3.29 pts vs state
32.3%Decision denial rate+10.58 pts vs state
40.8%Origination rate-17.92 pts vs state
6.44%Median rate-0.31 pts vs state
0.31Rate spread (pts)-0.07 pts vs state
$122kMedian applicant income
20Loans originated
10Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023692630.4%6.50%#399
2024562419.6%6.63%#435
2025492020.4%6.44%#463

What Arvest Bank lends in Illinois

By loan purpose

Home purchase 12 24% · 0.0% denied
Refinance 13 27% · 23.1% denied
Cash-out refinance 15 31% · 6.7% denied
Home improvement 5 10% · 100.0% denied
Other / HELOC 4 8% · 25.0% denied

By loan type

Conventional 45 92% · 20.0% denied
FHA 4 8% · 25.0% denied

Why it denied Illinois applicants

Other 6 60%
Credit history 3 30%
Employment history 1 10%

Where in Illinois

Counties with the most Arvest Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Will County 620 0.0%
Lake County 620 0.0%
Cook County 512 40.0%
Champaign County 321 33.3%
Madison County 302 66.7%
McHenry County 220 0.0%
Livingston County 202 100.0%
Knox County 210 0.0%
Kendall County 210 0.0%
Kane County 210 0.0%

Other large lenders in Illinois

LenderGradeApplicationsDenial rateMedian rate
Guaranteed RateB 17,4794.9%6.63%
Rocket MortgageC 16,97119.7%6.75%
United Shore Financial ServicesB 15,64413.0%6.50%
JPMorgan Chase BankB 13,5749.7%6.49%
U.S. BankD 10,07638.3%7.00%
Crosscountry MortgageB 8,7794.5%6.75%
Fifth Third BankD 8,62832.1%7.50%
The Huntington National BankD 8,22631.9%6.99%
BMO BankF 8,00732.7%8.33%
Loandepot.ComD 7,01917.7%6.88%

Frequently asked questions

Illinois: 49 applications in 2025, of which 20 were originated and 10 denied.

20.4% of all applications, or 32.3% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Arvest Bank originated in Illinois in 2025 was 6.44%, against a statewide median of 6.75%.

About this data. Figures are Arvest 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