First National Bank of America · Illinois · 2025

First National Bank of America in Illinois: approval rate, denial rate and rates (2025)

First National Bank of America took 288 mortgage applications in Illinois in 2025, ranking #193 of 1,150 lenders active in the state. It originated 64.9% of them and denied 13.5% (17.0% of the applications it decided), against a statewide denial rate of 17.1%.

288Applicationsin IL
17.0%Decision denial ratestate 21.7%
8.75%Median ratestate 6.75%
$185,000Median loanstate $185,000
$41MVolume22 counties

First National Bank of America in Illinois vs the state

13.5%Denial rate-3.58 pts vs state
17.0%Decision denial rate-4.72 pts vs state
64.9%Origination rate+6.19 pts vs state
8.75%Median rate+2.00 pts vs state
2.63Rate spread (pts)+2.25 pts vs state
$83kMedian applicant income
187Loans originated
39Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
202338323419.3%9.75%#134
202436022213.3%9.50%#155
202528818713.5%8.75%#193

What First National Bank of America lends in Illinois

By loan purpose

Home purchase 216 75% · 11.6% denied
Refinance 17 6% · 5.9% denied
Cash-out refinance 24 8% · 25.0% denied
Home improvement 15 5% · 33.3% denied
Other / HELOC 16 6% · 12.5% denied

By loan type

Conventional 288 100% · 13.5% denied

Why it denied Illinois applicants

Collateral 17 44%
Credit history 10 26%
Insufficient cash 4 10%
Incomplete application 3 8%
Other 2 5%
Unverifiable information 2 5%
Debt-to-income ratio 1 3%

Where in Illinois

Counties with the most First National Bank of America applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cook County 1639822 13.5%
Lake County 27212 7.4%
Will County 25201 4.0%
Kane County 20163 15.0%
DuPage County 1484 28.6%
McHenry County 751 14.3%
Kankakee County 631 16.7%
Winnebago County 650 0.0%
Kendall County 430 0.0%
Macon County 210 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: 288 applications in 2025, of which 187 were originated and 39 denied.

13.5% of all applications, or 17.0% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans First National Bank of America originated in Illinois in 2025 was 8.75%, against a statewide median of 6.75%.

About this data. Figures are First National Bank of America'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