Banterra Bank · Illinois · 2025

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

Banterra Bank took 205 mortgage applications in Illinois in 2025, ranking #244 of 1,150 lenders active in the state. It originated 39.5% of them and denied 14.2% (21.0% of the applications it decided), against a statewide denial rate of 17.1%.

205Applicationsin IL
21.0%Decision denial ratestate 21.7%
6.63%Median ratestate 6.75%
$105,000Median loanstate $185,000
$14MVolume21 counties

Banterra Bank in Illinois vs the state

14.2%Denial rate-2.97 pts vs state
21.0%Decision denial rate-0.67 pts vs state
39.5%Origination rate-19.23 pts vs state
6.63%Median rate-0.13 pts vs state
0.20Rate spread (pts)-0.18 pts vs state
$87kMedian applicant income
81Loans originated
29Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232229729.3%7.11%#205
20241637321.5%6.75%#261
20252058114.2%6.63%#244

What Banterra Bank lends in Illinois

By loan purpose

Home purchase 146 71% · 11.6% denied
Refinance 20 10% · 25.0% denied
Cash-out refinance 16 8% · 18.8% denied
Home improvement 7 3% · 0.0% denied
Other / HELOC 16 8% · 25.0% denied

By loan type

Conventional 191 93% · 14.7% denied
FHA 11 5% · 9.1% denied
USDA / RHS 3 1% · 0.0% denied

Why it denied Illinois applicants

Debt-to-income ratio 12 41%
Credit history 12 41%
Employment history 2 7%
Unverifiable information 2 7%
Collateral 1 3%

Where in Illinois

Counties with the most Banterra Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Williamson County 55239 16.4%
White County 28133 10.7%
Franklin County 2384 17.4%
Saline County 1983 15.8%
Jackson County 1571 6.7%
Johnson County 1232 16.7%
Massac County 940 0.0%
Pope County 712 28.6%
Perry County 622 33.3%
Hardin County 620 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: 205 applications in 2025, of which 81 were originated and 29 denied.

14.2% of all applications, or 21.0% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

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

About this data. Figures are Banterra 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