German American Bank · Illinois · 2025

German American Bank in Illinois: approval rate, denial rate and rates (2025)

German American Bank took 21 mortgage applications in Illinois in 2025, ranking #588 of 1,150 lenders active in the state. It originated 61.9% of them and denied 19.1% (23.5% of the applications it decided), against a statewide denial rate of 17.1%.

21Applicationsin IL
23.5%Decision denial ratestate 21.7%
6.69%Median ratestate 6.75%
$115,000Median loanstate $185,000
$1.9MVolume8 counties

German American Bank in Illinois vs the state

19.1%Denial rate+1.93 pts vs state
23.5%Decision denial rate+1.85 pts vs state
61.9%Origination rate+3.16 pts vs state
6.69%Median rate-0.06 pts vs state
0.27Rate spread (pts)-0.11 pts vs state
$94kMedian applicant income
13Loans originated
4Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
202311627.3%7.13%#672
2024211233.3%6.50%#576
2025211319.1%6.69%#588

What German American Bank lends in Illinois

By loan purpose

Home purchase 12 57% · 16.7% denied
Refinance 5 24% · 20.0% denied
Home improvement 2 10% · 50.0% denied
Other / HELOC 2 10% · 0.0% denied

By loan type

Conventional 17 81% · 17.7% denied
FHA 3 14% · 0.0% denied
USDA / RHS 1 5% · 100.0% denied

Why it denied Illinois applicants

Credit history 2 50%
Insufficient cash 1 25%
Other 1 25%

Where in Illinois

Counties with the most German American Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lawrence County 961 11.1%
Wabash County 421 25.0%
Richland County 211 50.0%
Crawford County 211 50.0%
Cook County 110 0.0%
Gallatin County 100 0.0%
Edwards County 110 0.0%
White County 110 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: 21 applications in 2025, of which 13 were originated and 4 denied.

19.1% of all applications, or 23.5% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans German American Bank originated in Illinois in 2025 was 6.69%, against a statewide median of 6.75%.

About this data. Figures are German American 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