Bank & Trust · Illinois · 2025

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

Bank & Trust took 204 mortgage applications in Illinois in 2025, ranking #245 of 1,150 lenders active in the state. It originated 80.4% of them and denied 7.8% (8.8% of the applications it decided), against a statewide denial rate of 17.1%.

204Applicationsin IL
8.8%Decision denial ratestate 21.7%
Median ratestate 6.75%
$115,000Median loanstate $185,000
$25MVolume16 counties

Bank & Trust in Illinois vs the state

7.8%Denial rate-9.28 pts vs state
8.8%Decision denial rate-12.89 pts vs state
80.4%Origination rate+21.65 pts vs state
Median rate
Rate spread (pts)
$100kMedian applicant income
164Loans originated
16Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231751551.7%#247
20241701456.5%#254
20252041647.8%#245

What Bank & Trust lends in Illinois

By loan purpose

Home purchase 134 66% · 3.7% denied
Refinance 39 19% · 15.4% denied
Cash-out refinance 2 1% · 100.0% denied
Home improvement 16 8% · 6.3% denied
Other / HELOC 13 6% · 15.4% denied

By loan type

Conventional 204 100% · 7.8% denied

Where in Illinois

Counties with the most Bank & Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Montgomery County 77608 10.4%
Sangamon County 54464 7.4%
Macoupin County 47391 2.1%
Christian County 540 0.0%
Madison County 540 0.0%
Bond County 201 50.0%
Greene County 211 50.0%
Champaign County 220 0.0%
Macon County 220 0.0%
Cook 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: 204 applications in 2025, of which 164 were originated and 16 denied.

7.8% of all applications, or 8.8% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Bank & Trust'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