Flanagan State Bank · Illinois · 2025

Flanagan State Bank in Illinois: approval rate, denial rate and rates (2025)

Flanagan State Bank took 410 mortgage applications in Illinois in 2025, ranking #149 of 1,150 lenders active in the state. It originated 72.4% of them and denied 9.3% (11.2% of the applications it decided), against a statewide denial rate of 17.1%.

410Applicationsin IL
11.2%Decision denial ratestate 21.7%
6.75%Median ratestate 6.75%
$155,000Median loanstate $185,000
$59MVolume48 counties

Flanagan State Bank in Illinois vs the state

9.3%Denial rate-7.85 pts vs state
11.2%Decision denial rate-10.50 pts vs state
72.4%Origination rate+13.70 pts vs state
6.75%Median rate0.00 pts vs state
0.43Rate spread (pts)+0.05 pts vs state
$92kMedian applicant income
297Loans originated
38Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
202338227212.6%7.13%#135
20244092918.1%6.88%#139
20254102979.3%6.75%#149

What Flanagan State Bank lends in Illinois

By loan purpose

Home purchase 258 63% · 10.5% denied
Refinance 80 20% · 6.3% denied
Cash-out refinance 72 18% · 8.3% denied

By loan type

Conventional 280 68% · 4.6% denied
FHA 81 20% · 19.8% denied
VA 17 4% · 0.0% denied
USDA / RHS 32 8% · 28.1% denied

Why it denied Illinois applicants

Credit history 11 29%
Collateral 10 26%
Debt-to-income ratio 8 21%
Employment history 4 11%
Insufficient cash 3 8%
Unverifiable information 2 5%

Where in Illinois

Counties with the most Flanagan State Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Will County 75524 5.3%
McLean County 67531 1.5%
Woodford County 36292 5.6%
Livingston County 31251 3.2%
Kankakee County 25192 8.0%
Cook County 2177 33.3%
McDonough County 19132 10.5%
Rock Island County 14110 0.0%
Tazewell County 11100 0.0%
LaSalle County 1070 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: 410 applications in 2025, of which 297 were originated and 38 denied.

9.3% of all applications, or 11.2% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Flanagan State Bank originated in Illinois in 2025 was 6.75%, against a statewide median of 6.75%.

About this data. Figures are Flanagan State 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