Byron Bank · Illinois · 2025

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

Byron Bank took 160 mortgage applications in Illinois in 2025, ranking #284 of 1,150 lenders active in the state. It originated 81.9% of them and denied 8.8% (9.7% of the applications it decided), against a statewide denial rate of 17.1%.

160Applicationsin IL
9.7%Decision denial ratestate 21.7%
Median ratestate 6.75%
$165,000Median loanstate $185,000
$30MVolume12 counties

Byron Bank in Illinois vs the state

8.8%Denial rate-8.37 pts vs state
9.7%Decision denial rate-12.02 pts vs state
81.9%Origination rate+23.14 pts vs state
Median rate
Rate spread (pts)
$115kMedian applicant income
131Loans originated
14Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231911504.2%7.01%#230
20242211738.1%#214
20251601318.8%#284

What Byron Bank lends in Illinois

By loan purpose

Home purchase 108 68% · 8.3% denied
Refinance 32 20% · 3.1% denied
Cash-out refinance 16 10% · 18.8% denied
Other / HELOC 4 3% · 25.0% denied

By loan type

Conventional 160 100% · 8.8% denied

Where in Illinois

Counties with the most Byron Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Winnebago County 93816 6.5%
Ogle County 32253 9.4%
Boone County 20163 15.0%
Lee County 530 0.0%
DuPage County 211 50.0%
McHenry County 210 0.0%
LaSalle County 110 0.0%
Champaign County 110 0.0%
Cook County 100 0.0%
Stephenson 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: 160 applications in 2025, of which 131 were originated and 14 denied.

8.8% of all applications, or 9.7% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Byron 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