Mortgage lender · Barrington, IL · LEI C398JSK21YCXWM603F55

Barrington Bank & Trust Company review: approval odds, rates and grade (2025)

Barrington Bank & Trust Company earns a C, in line with the typical performance of mid-size mortgage lenders. It turned down 9.1% of the applications it decided on in 2025, which ranks in the 54th percentile for approval odds. Its median loan was priced 0.27 points above the average prime offer rate, ranking in the 46th percentile on pricing. Compared against 581 mid-size mortgage lenders using 2025 HMDA filings.

12kApplications2025
66.2%Originatedof applications
9.1%Decision denial ratenational 22.6%
6.63%Median ratenational 6.63%
$2.7BLoan volume51 states

Barrington Bank & Trust Company at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

6.7%Denial rate (all applications)-11.25 pts vs national
9.1%Denial rate (decided applications)-13.48 pts vs national
66.2%Origination rate+8.18 pts vs national
25.1%Withdrawn by applicant
1.0%Closed for incompleteness
6.63%Median interest rate0.00 pts vs national
0.27Median rate spread (pts over APOR)+0.02 pts vs national
$285,000Median loan amount
$5,323Median total loan costs
$112kMedian applicant income
80%Median loan-to-value
0High-cost (HOEPA) loans

How the C grade breaks down

Each component is a percentile rank among 581 mid-size mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

54th9.1% denied

Pricingmedian rate spread over APOR, weight 30%

46th0.27 pts

Processwithdrawn + incomplete share, weight 15%

17th26.1%

Closing coststotal loan costs ÷ loan amount, weight 10%

69th1.87% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
202311,0966,9977.9%10.6%6.75%$2.0B
202412,7418,2136.6%8.9%6.63%$2.7B
202511,7087,7526.7%9.1%6.63%$2.7B

What Barrington Bank & Trust Company lends

Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.

By loan purpose

Home purchase 7,538 64% · 6.0% denied
Refinance 2,211 19% · 3.7% denied
Cash-out refinance 1,436 12% · 12.8% denied
Home improvement 140 1% · 10.0% denied
Other / HELOC 383 3% · 14.4% denied

By loan type

Conventional 7,982 68% · 5.2% denied
FHA 1,074 9% · 16.0% denied
VA 2,588 22% · 7.4% denied
USDA / RHS 64 1% · 12.5% denied

Also: 0 home-equity lines, 0 reverse mortgages, 264 manufactured homes, 637 investment properties.

Why Barrington Bank & Trust Company denies applications

Primary reason reported for each of the 788 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Debt-to-income ratio 252 32%
Collateral 188 24%
Credit history 156 20%
Other 74 9%
Unverifiable information 69 9%
Insufficient cash 38 5%
Employment history 11 1%

How these reasons compare nationally →

Who gets approved at Barrington Bank & Trust Company

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k97251722.0%
$50k – $100k3,6622,36612.1%
$100k – $150k2,3241,5977.9%
$150k – $250k2,1341,4995.1%
Over $250k1,5309934.8%
Applicant ageApplicationsOriginatedDecision denial rate
Under 254523295.9%
25–342,6851,9116.1%
35–442,5601,7658.5%
45–541,9861,27311.0%
55–641,9491,25111.3%
65–741,37383310.2%
Over 7467736413.1%

Where Barrington Bank & Trust Company lends

51 states and 1,590 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Illinois3,9802,7195.4%6.63%#23
Wisconsin1,4921,2244.4%6.49%#34
California5993714.7%6.50%#234
Iowa4803288.8%6.63%#49
Florida4272527.5%6.63%#260
Texas36917913.3%6.50%#313
Michigan3422236.4%6.75%#160
Minnesota3322377.8%6.63%#108
New York2821798.2%6.75%#183
North Carolina2721745.5%6.75%#206
Georgia23713811.4%6.49%#226
Indiana22313711.2%6.63%#188
Montana1881095.3%6.28%#50
Virginia1701053.5%6.75%#224
Ohio1598712.6%6.63%#267
Pennsylvania148969.5%6.56%#324
South Carolina130796.2%6.63%#226
Arizona1217310.7%6.63%#224
Tennessee121739.9%6.75%#289
Alabama1167410.3%6.75%#209
Missouri113653.5%6.49%#256
Louisiana974911.3%6.50%#183
Mississippi92506.5%6.49%#136
North Dakota85647.1%6.25%#54
Arkansas784912.8%6.50%#173
Oklahoma77486.5%6.75%#219
Washington74454.1%6.50%#267
Nevada724611.1%6.56%#174
Kentucky70445.7%6.49%#238
Maryland683119.1%6.75%#283
Utah63447.9%6.43%#156
Kansas58335.2%6.75%#210
Colorado56347.1%6.56%#287
Massachusetts53275.7%6.63%#317
New Mexico53309.4%6.75%#148
Connecticut512811.8%6.25%#215
New Jersey47262.1%6.31%#366
West Virginia462121.7%6.49%#142
Oregon45244.4%6.69%#238
Nebraska37258.1%6.75%#161
Idaho29203.5%6.56%#197
Maine251512.0%6.75%#159
Delaware20105.0%6.25%#186
New Hampshire19175.3%6.25%#199
South Dakota181116.7%5.99%#110
Hawaii1785.9%6.19%#137
Alaska16106.3%6.50%#88
Vermont1280.0%6.75%#103
District of Columbia1040.0%5.87%#182
Rhode Island10320.0%6.75%#189
Wyoming960.0%6.63%#152

Frequently asked questions

Barrington Bank & Trust Company denied 9.1% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 54th percentile of mid-size mortgage lenders.

The most common reason Barrington Bank & Trust Company gave in 2025 was "debt-to-income ratio", cited on 32.0% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.

The median interest rate on loans Barrington Bank & Trust Company originated in 2025 was 6.63%, and its median rate spread over the average prime offer rate was 0.27 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 64% of its applications were for home purchases, 31% for refinancing (including cash-out), and 4% for home improvement or other purposes. By loan type: 68% conventional, 9% FHA, 22% VA.

Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with Barrington Bank & Trust Company. Data sources · Methodology