Bank of Springfield in Illinois vs the state
5.3%Denial rate-11.81 pts vs state
6.1%Decision denial rate-15.58 pts vs state
81.6%Origination rate+22.90 pts vs state
6.75%Median rate0.00 pts vs state
0.21Rate spread (pts)-0.17 pts vs state
$113kMedian applicant income
738Loans originated
48Denied
Trend in Illinois
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 663 | 550 | 5.6% | 7.15% | #89 |
| 2024 | 714 | 598 | 5.5% | 6.95% | #93 |
| 2025 | 904 | 738 | 5.3% | 6.75% | #83 |
What Bank of Springfield lends in Illinois
By loan purpose
By loan type
Why it denied Illinois applicants
Where in Illinois
Counties with the most Bank of Springfield applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Sangamon County | 495 | 409 | 15 | 3.0% |
| Madison County | 96 | 83 | 8 | 8.3% |
| Champaign County | 80 | 63 | 5 | 6.3% |
| Adams County | 31 | 25 | 3 | 9.7% |
| St. Clair County | 31 | 27 | 1 | 3.2% |
| Morgan County | 22 | 16 | 4 | 18.2% |
| McLean County | 18 | 15 | 1 | 5.6% |
| Macoupin County | 14 | 9 | 2 | 14.3% |
| Menard County | 13 | 9 | 0 | 0.0% |
| Logan County | 12 | 9 | 1 | 8.3% |
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: 904 applications in 2025, of which 738 were originated and 48 denied.
5.3% of all applications, or 6.1% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.
The median rate on loans Bank of Springfield originated in Illinois in 2025 was 6.75%, against a statewide median of 6.75%.
About this data. Figures are Bank of Springfield'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