Commerce Bank in Illinois vs the state
38.4%Denial rate+21.31 pts vs state
46.8%Decision denial rate+25.13 pts vs state
42.4%Origination rate-16.38 pts vs state
6.87%Median rate+0.12 pts vs state
0.59Rate spread (pts)+0.21 pts vs state
$76kMedian applicant income
194Loans originated
176Denied
Trend in Illinois
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 526 | 207 | 43.9% | 6.76% | #105 |
| 2024 | 520 | 228 | 39.2% | 7.23% | #114 |
| 2025 | 458 | 194 | 38.4% | 6.87% | #140 |
What Commerce Bank lends in Illinois
By loan purpose
By loan type
Why it denied Illinois applicants
Where in Illinois
Counties with the most Commerce Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| McLean County | 108 | 60 | 32 | 29.6% |
| St. Clair County | 101 | 45 | 38 | 37.6% |
| Peoria County | 81 | 36 | 33 | 40.7% |
| Tazewell County | 37 | 15 | 14 | 37.8% |
| Cook County | 23 | 7 | 5 | 21.7% |
| Madison County | 19 | 3 | 12 | 63.2% |
| Woodford County | 14 | 7 | 6 | 42.9% |
| Monroe County | 11 | 6 | 5 | 45.5% |
| Champaign County | 8 | 2 | 3 | 37.5% |
| Adams County | 6 | 5 | 1 | 16.7% |
Other large lenders in Illinois
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Guaranteed Rate | B | 17,479 | 4.9% | 6.63% |
| Rocket Mortgage | C | 16,971 | 19.7% | 6.75% |
| United Shore Financial Services | B | 15,644 | 13.0% | 6.50% |
| JPMorgan Chase Bank | B | 13,574 | 9.7% | 6.49% |
| U.S. Bank | D | 10,076 | 38.3% | 7.00% |
| Crosscountry Mortgage | B | 8,779 | 4.5% | 6.75% |
| Fifth Third Bank | D | 8,628 | 32.1% | 7.50% |
| The Huntington National Bank | D | 8,226 | 31.9% | 6.99% |
| BMO Bank | F | 8,007 | 32.7% | 8.33% |
| Loandepot.Com | D | 7,019 | 17.7% | 6.88% |
Frequently asked questions
Illinois: 458 applications in 2025, of which 194 were originated and 176 denied.
38.4% of all applications, or 46.8% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.
The median rate on loans Commerce Bank originated in Illinois in 2025 was 6.87%, against a statewide median of 6.75%.
About this data. Figures are Commerce 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