Mortgage lender · Brookfield, IL · LEI 254900TO7P4MVLV70225

First National Bank of Brookfield review: approval odds, rates and grade (2025)

First National Bank of Brookfield earns a B, better than most investment-property lenders. It turned down 1.5% of the applications it decided on in 2025, which ranks in the 78th percentile for approval odds. Compared against 220 investment-property lenders using 2025 HMDA filings.

144Applications2025
94.4%Originatedof applications
1.5%Decision denial ratenational 22.6%
Median ratenational 6.63%
$99MLoan volume12 states

First National Bank of Brookfield at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

1.4%Denial rate (all applications)-16.59 pts vs national
1.5%Denial rate (decided applications)-21.14 pts vs national
94.4%Origination rate+36.41 pts vs national
4.2%Withdrawn by applicant
0.0%Closed for incompleteness
Median interest rate
Median rate spread (pts over APOR)
$600,000Median loan amount
Median total loan costs
$175kMedian applicant income
Median loan-to-value
0High-cost (HOEPA) loans

How the B grade breaks down

Each component is a percentile rank among 220 investment-property lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

78th1.5% denied

Processwithdrawn + incomplete share, weight 15%

57th4.2%

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
202387723.5%3.9%$36M
20241181121.7%1.7%$57M
20251441361.4%1.5%$99M

What First National Bank of Brookfield lends

Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.

By loan purpose

Home purchase 90 63% · 2.2% denied
Refinance 24 17% · 0.0% denied
Cash-out refinance 28 19% · 0.0% denied
Home improvement 1 1% · 0.0% denied
Other / HELOC 1 1% · 0.0% denied

By loan type

Conventional 144 100% · 1.4% denied

Also: 0 home-equity lines, 0 reverse mortgages, 1 manufactured homes, 92 investment properties.

Why First National Bank of Brookfield denies applications

Primary reason reported for each of the 2 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Insufficient cash 2 100%

How these reasons compare nationally →

Who gets approved at First National Bank of Brookfield

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
Over $250k21190.0%
Applicant ageApplicationsOriginatedDecision denial rate
55–6421180.0%

Where First National Bank of Brookfield lends

12 states and 28 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Illinois1251191.6%#315
Indiana550.0%#649

Frequently asked questions

First National Bank of Brookfield denied 1.5% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 78th percentile of investment-property lenders.

The most common reason First National Bank of Brookfield gave in 2025 was "insufficient cash", cited on 100.0% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.

In 2025, 63% of its applications were for home purchases, 36% for refinancing (including cash-out), and 1% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.

Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with First National Bank of Brookfield. Data sources · Methodology