German-American State Bank · Illinois · 2025

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

German-American State Bank took 118 mortgage applications in Illinois in 2025, ranking #321 of 1,150 lenders active in the state. It originated 78.0% of them and denied 13.6% (14.4% of the applications it decided), against a statewide denial rate of 17.1%.

118Applicationsin IL
14.4%Decision denial ratestate 21.7%
Median ratestate 6.75%
$165,000Median loanstate $185,000
$28MVolume11 counties

German-American State Bank in Illinois vs the state

13.6%Denial rate-3.56 pts vs state
14.4%Decision denial rate-7.27 pts vs state
78.0%Origination rate+19.23 pts vs state
Median rate
Rate spread (pts)
$90kMedian applicant income
92Loans originated
16Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
202331259.7%#525
202425208.0%#556
20251189213.6%#321

What German-American State Bank lends in Illinois

By loan purpose

Home purchase 67 57% · 7.5% denied
Refinance 27 23% · 22.2% denied
Cash-out refinance 17 14% · 17.7% denied
Home improvement 5 4% · 40.0% denied
Other / HELOC 2 2% · 0.0% denied

By loan type

Conventional 116 98% · 13.8% denied
FHA 2 2% · 0.0% denied

Where in Illinois

Counties with the most German-American State Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Winnebago County 59419 15.3%
Stephenson County 13111 7.7%
Boone County 12102 16.7%
Ogle County 10100 0.0%
Kankakee County 642 33.3%
Will County 101 100.0%
Knox County 110 0.0%
Ford County 101 100.0%
Cook County 110 0.0%
Jo Daviess 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: 118 applications in 2025, of which 92 were originated and 16 denied.

13.6% of all applications, or 14.4% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are German-American 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