Flat Branch Mortgage · Illinois · 2025

Flat Branch Mortgage in Illinois: approval rate, denial rate and rates (2025)

Flat Branch Mortgage took 2,088 mortgage applications in Illinois in 2025, ranking #42 of 1,150 lenders active in the state. It originated 84.2% of them and denied 1.6% (1.8% of the applications it decided), against a statewide denial rate of 17.1%.

2.1kApplicationsin IL
1.8%Decision denial ratestate 21.7%
6.63%Median ratestate 6.75%
$155,000Median loanstate $185,000
$314MVolume84 counties

Flat Branch Mortgage in Illinois vs the state

1.6%Denial rate-15.54 pts vs state
1.8%Decision denial rate-19.85 pts vs state
84.2%Origination rate+25.46 pts vs state
6.63%Median rate-0.13 pts vs state
0.48Rate spread (pts)+0.10 pts vs state
$76kMedian applicant income
1,758Loans originated
33Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,5422,1002.5%6.75%#28
20241,9451,6322.4%6.75%#37
20252,0881,7581.6%6.63%#42

What Flat Branch Mortgage lends in Illinois

By loan purpose

Home purchase 1,917 92% · 1.6% denied
Refinance 106 5% · 0.9% denied
Cash-out refinance 47 2% · 2.1% denied
Home improvement 18 1% · 0.0% denied

By loan type

Conventional 1,300 62% · 1.3% denied
FHA 495 24% · 2.4% denied
VA 177 8% · 1.1% denied
USDA / RHS 116 6% · 1.7% denied

Why it denied Illinois applicants

Debt-to-income ratio 10 30%
Credit history 8 24%
Collateral 6 18%
Other 3 9%
Insufficient cash 2 6%
Incomplete application 2 6%
Employment history 1 3%
Unverifiable information 1 3%

Where in Illinois

Counties with the most Flat Branch Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Peoria County 4243525 1.2%
Tazewell County 2722333 1.1%
Champaign County 1781582 1.1%
Madison County 1471221 0.7%
Fulton County 78711 1.3%
Sangamon County 75681 1.3%
Macon County 72601 1.4%
Adams County 65542 3.1%
Woodford County 59511 1.7%
Vermilion County 51460 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: 2,088 applications in 2025, of which 1,758 were originated and 33 denied.

1.6% of all applications, or 1.8% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Flat Branch Mortgage originated in Illinois in 2025 was 6.63%, against a statewide median of 6.75%.

About this data. Figures are Flat Branch Mortgage'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