Bank · Illinois · 2025

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

Bank took 9 mortgage applications in Illinois in 2025, ranking #694 of 1,150 lenders active in the state. It originated 55.6% of them and denied 11.1% (16.7% of the applications it decided), against a statewide denial rate of 17.1%.

9Applicationsin IL
16.7%Decision denial ratestate 21.7%
6.63%Median ratestate 6.75%
$235,000Median loanstate $185,000
$1.4MVolume0 counties

Bank in Illinois vs the state

11.1%Denial rate-6.01 pts vs state
16.7%Decision denial rate-5.01 pts vs state
55.6%Origination rate-3.18 pts vs state
6.63%Median rate-0.13 pts vs state
-0.03Rate spread (pts)-0.41 pts vs state
$157kMedian applicant income
5Loans originated
1Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
202315620.0%6.69%#623
20245320.0%6.50%#778
20259511.1%6.63%#694

What Bank lends in Illinois

By loan purpose

Home purchase 7 78% · 0.0% denied
Refinance 1 11% · 0.0% denied
Cash-out refinance 1 11% · 100.0% denied

By loan type

Conventional 9 100% · 11.1% denied

Why it denied Illinois applicants

Credit history 1 100%

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: 9 applications in 2025, of which 5 were originated and 1 denied.

11.1% of all applications, or 16.7% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Bank originated in Illinois in 2025 was 6.63%, against a statewide median of 6.75%.

About this data. Figures are 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