First National Bank of Waterloo · Illinois · 2025

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

First National Bank of Waterloo took 201 mortgage applications in Illinois in 2025, ranking #246 of 1,150 lenders active in the state. It originated 88.6% of them and denied 3.0% (3.0% of the applications it decided), against a statewide denial rate of 17.1%.

201Applicationsin IL
3.0%Decision denial ratestate 21.7%
6.75%Median ratestate 6.75%
$155,000Median loanstate $185,000
$35MVolume11 counties

First National Bank of Waterloo in Illinois vs the state

3.0%Denial rate-14.13 pts vs state
3.0%Decision denial rate-18.69 pts vs state
88.6%Origination rate+29.82 pts vs state
6.75%Median rate0.00 pts vs state
-0.03Rate spread (pts)-0.41 pts vs state
$112kMedian applicant income
178Loans originated
6Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232071726.3%7.00%#216
20241901643.7%6.88%#233
20252011783.0%6.75%#246

What First National Bank of Waterloo lends in Illinois

By loan purpose

Home purchase 120 60% · 1.7% denied
Refinance 62 31% · 6.5% denied
Cash-out refinance 5 2% · 0.0% denied
Home improvement 6 3% · 0.0% denied
Other / HELOC 8 4% · 0.0% denied

By loan type

Conventional 201 100% · 3.0% denied

Why it denied Illinois applicants

Credit history 2 33%
Other 1 17%
Unverifiable information 1 17%
Debt-to-income ratio 1 17%
Collateral 1 17%

Where in Illinois

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

CountyApplicationsOriginatedDeniedDenial rate
Monroe County 82732 2.4%
St. Clair County 69623 4.3%
Madison County 16140 0.0%
Randolph County 12110 0.0%
Effingham County 1090 0.0%
Washington County 641 16.7%
Sangamon County 220 0.0%
Perry County 110 0.0%
Pope County 110 0.0%
Shelby 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: 201 applications in 2025, of which 178 were originated and 6 denied.

3.0% of all applications, or 3.0% 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 Waterloo originated in Illinois in 2025 was 6.75%, against a statewide median of 6.75%.

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