First Federal Savings Bank · Illinois · 2025

First Federal Savings Bank in Illinois: approval rate, denial rate and rates (2025)

First Federal Savings Bank took 310 mortgage applications in Illinois in 2025, ranking #185 of 1,150 lenders active in the state. It originated 79.4% of them and denied 6.1% (7.0% of the applications it decided), against a statewide denial rate of 17.1%.

310Applicationsin IL
7.0%Decision denial ratestate 21.7%
Median ratestate 6.75%
$185,000Median loanstate $185,000
$63MVolume21 counties

First Federal Savings Bank in Illinois vs the state

6.1%Denial rate-10.99 pts vs state
7.0%Decision denial rate-14.64 pts vs state
79.4%Origination rate+20.61 pts vs state
Median rate
Rate spread (pts)
$111kMedian applicant income
246Loans originated
19Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233662974.1%6.75%#140
20243112524.8%#175
20253102466.1%#185

What First Federal Savings Bank lends in Illinois

By loan purpose

Home purchase 203 65% · 8.4% denied
Refinance 31 10% · 3.2% denied
Cash-out refinance 24 8% · 0.0% denied
Home improvement 26 8% · 0.0% denied
Other / HELOC 26 8% · 3.9% denied

By loan type

Conventional 289 93% · 4.2% denied
FHA 19 6% · 26.3% denied
VA 2 1% · 100.0% denied

Why it denied Illinois applicants

Collateral 10 53%
Credit history 4 21%
Debt-to-income ratio 3 16%
Other 2 11%

Where in Illinois

Counties with the most First Federal Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
LaSalle County 83658 9.6%
Will County 53423 5.7%
Kane County 40321 2.5%
Grundy County 28193 10.7%
Cook County 26190 0.0%
McHenry County 14140 0.0%
DuPage County 12110 0.0%
Bureau County 1091 10.0%
DeKalb County 971 11.1%
Lake County 870 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: 310 applications in 2025, of which 246 were originated and 19 denied.

6.1% of all applications, or 7.0% 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 First Federal Savings 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