Farmers Bank & Trust · Illinois · 2025

Farmers Bank & Trust in Illinois: approval rate, denial rate and rates (2025)

Farmers Bank & Trust took 78 mortgage applications in Illinois in 2025, ranking #386 of 1,150 lenders active in the state. It originated 42.3% of them and denied 9.0% (16.3% of the applications it decided), against a statewide denial rate of 17.1%.

78Applicationsin IL
16.3%Decision denial ratestate 21.7%
5.99%Median ratestate 6.75%
$445,000Median loanstate $185,000
$15MVolume14 counties

Farmers Bank & Trust in Illinois vs the state

9.0%Denial rate-8.15 pts vs state
16.3%Decision denial rate-5.40 pts vs state
42.3%Origination rate-16.43 pts vs state
5.99%Median rate-0.76 pts vs state
-0.16Rate spread (pts)-0.54 pts vs state
$208kMedian applicant income
33Loans originated
7Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
202382507.3%6.38%#366
2024994110.1%6.38%#339
202578339.0%5.99%#386

What Farmers Bank & Trust lends in Illinois

By loan purpose

Home purchase 32 41% · 3.1% denied
Refinance 33 42% · 6.1% denied
Cash-out refinance 9 12% · 11.1% denied
Other / HELOC 4 5% · 75.0% denied

By loan type

Conventional 73 94% · 9.6% denied
VA 5 6% · 0.0% denied

Why it denied Illinois applicants

Credit history 3 43%
Debt-to-income ratio 2 29%
Collateral 1 14%
Other 1 14%

Where in Illinois

Counties with the most Farmers Bank & Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cook County 37163 8.1%
DuPage County 1332 15.4%
Will County 621 16.7%
Lake County 630 0.0%
St. Clair County 540 0.0%
Kendall County 210 0.0%
Jefferson County 210 0.0%
Montgomery County 110 0.0%
DeKalb County 101 100.0%
Madison County 100 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: 78 applications in 2025, of which 33 were originated and 7 denied.

9.0% of all applications, or 16.3% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Farmers Bank & Trust originated in Illinois in 2025 was 5.99%, against a statewide median of 6.75%.

About this data. Figures are Farmers Bank & Trust'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