Citizens Bank · Illinois · 2025

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

Citizens Bank took 832 mortgage applications in Illinois in 2025, ranking #89 of 1,150 lenders active in the state. It originated 54.6% of them and denied 29.8% (34.6% of the applications it decided), against a statewide denial rate of 17.1%.

832Applicationsin IL
34.6%Decision denial ratestate 21.7%
7.40%Median ratestate 6.75%
$155,000Median loanstate $185,000
$98MVolume54 counties

Citizens Bank in Illinois vs the state

29.8%Denial rate+12.69 pts vs state
34.6%Decision denial rate+12.91 pts vs state
54.6%Origination rate-4.17 pts vs state
7.40%Median rate+0.65 pts vs state
0.38Rate spread (pts)0.00 pts vs state
$134kMedian applicant income
454Loans originated
248Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,33557042.9%8.50%#60
202482442229.7%8.40%#82
202583245429.8%7.40%#89

What Citizens Bank lends in Illinois

By loan purpose

Home purchase 135 16% · 23.7% denied
Refinance 193 23% · 22.8% denied
Cash-out refinance 33 4% · 21.2% denied
Home improvement 226 27% · 34.1% denied
Other / HELOC 245 29% · 35.9% denied

By loan type

Conventional 813 98% · 29.9% denied
FHA 13 2% · 30.8% denied
VA 6 1% · 16.7% denied

Why it denied Illinois applicants

Debt-to-income ratio 125 50%
Collateral 47 19%
Credit history 34 14%
Other 19 8%
Incomplete application 12 5%
Unverifiable information 8 3%
Employment history 3 1%

Where in Illinois

Counties with the most Citizens Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cook County 403208134 33.3%
DuPage County 1056125 23.8%
Will County 613312 19.7%
Lake County 483310 20.8%
Kane County 382510 26.3%
McHenry County 25194 16.0%
Kendall County 1997 36.8%
Champaign County 1364 30.8%
Madison County 1145 45.5%
St. Clair County 960 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: 832 applications in 2025, of which 454 were originated and 248 denied.

29.8% of all applications, or 34.6% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Citizens Bank originated in Illinois in 2025 was 7.40%, against a statewide median of 6.75%.

About this data. Figures are Citizens 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