Bell Bank · Illinois · 2025

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

Bell Bank took 56 mortgage applications in Illinois in 2025, ranking #442 of 1,150 lenders active in the state. It originated 69.6% of them and denied 5.4% (7.1% of the applications it decided), against a statewide denial rate of 17.1%.

56Applicationsin IL
7.1%Decision denial ratestate 21.7%
6.63%Median ratestate 6.75%
$265,000Median loanstate $185,000
$11MVolume12 counties

Bell Bank in Illinois vs the state

5.4%Denial rate-11.76 pts vs state
7.1%Decision denial rate-14.54 pts vs state
69.6%Origination rate+10.90 pts vs state
6.63%Median rate-0.13 pts vs state
0.27Rate spread (pts)-0.11 pts vs state
$108kMedian applicant income
39Loans originated
3Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023594111.9%7.25%#423
202459461.7%6.99%#425
202556395.4%6.63%#442

What Bell Bank lends in Illinois

By loan purpose

Home purchase 39 70% · 2.6% denied
Refinance 13 23% · 15.4% denied
Cash-out refinance 3 5% · 0.0% denied
Home improvement 1 2% · 0.0% denied

By loan type

Conventional 38 68% · 2.6% denied
FHA 9 16% · 11.1% denied
VA 9 16% · 11.1% denied

Why it denied Illinois applicants

Credit history 2 67%
Insufficient cash 1 33%

Where in Illinois

Counties with the most Bell Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
St. Clair County 18152 11.1%
Cook County 1690 0.0%
Madison County 931 11.1%
DuPage County 320 0.0%
Lake County 220 0.0%
McLean County 220 0.0%
Tazewell County 110 0.0%
Jersey County 110 0.0%
Monroe County 110 0.0%
Will County 110 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: 56 applications in 2025, of which 39 were originated and 3 denied.

5.4% of all applications, or 7.1% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

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

About this data. Figures are Bell 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