Bankers' Bank · Illinois · 2025

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

Bankers' Bank took 132 mortgage applications in Illinois in 2025, ranking #309 of 1,150 lenders active in the state. It originated 66.7% of them and denied 13.6% (17.0% of the applications it decided), against a statewide denial rate of 17.1%.

132Applicationsin IL
17.0%Decision denial ratestate 21.7%
6.63%Median ratestate 6.75%
$190,000Median loanstate $185,000
$22MVolume29 counties

Bankers' Bank in Illinois vs the state

13.6%Denial rate-3.48 pts vs state
17.0%Decision denial rate-4.70 pts vs state
66.7%Origination rate+7.93 pts vs state
6.63%Median rate-0.13 pts vs state
0.25Rate spread (pts)-0.13 pts vs state
$112kMedian applicant income
88Loans originated
18Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023804913.8%6.88%#372
2024915516.5%6.63%#351
20251328813.6%6.63%#309

What Bankers' Bank lends in Illinois

By loan purpose

Home purchase 95 72% · 14.7% denied
Refinance 22 17% · 4.6% denied
Cash-out refinance 15 11% · 20.0% denied

By loan type

Conventional 127 96% · 11.8% denied
USDA / RHS 5 4% · 60.0% denied

Why it denied Illinois applicants

Debt-to-income ratio 8 44%
Collateral 4 22%
Credit history 4 22%
Insufficient cash 1 6%
Employment history 1 6%

Where in Illinois

Counties with the most Bankers' Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
St. Clair County 34244 11.8%
LaSalle County 13102 15.4%
Cook County 1281 8.3%
Madison County 1173 27.3%
Monroe County 980 0.0%
Logan County 641 16.7%
Stephenson County 631 16.7%
Will County 641 16.7%
DeKalb County 651 16.7%
Carroll County 420 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: 132 applications in 2025, of which 88 were originated and 18 denied.

13.6% of all applications, or 17.0% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

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

About this data. Figures are Bankers' 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