Grundy Bank · Illinois · 2025

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

Grundy Bank took 275 mortgage applications in Illinois in 2025, ranking #205 of 1,150 lenders active in the state. It originated 92.4% of them and denied 1.5% (1.5% of the applications it decided), against a statewide denial rate of 17.1%.

275Applicationsin IL
1.5%Decision denial ratestate 21.7%
6.88%Median ratestate 6.75%
$185,000Median loanstate $185,000
$53MVolume15 counties

Grundy Bank in Illinois vs the state

1.5%Denial rate-15.67 pts vs state
1.5%Decision denial rate-20.16 pts vs state
92.4%Origination rate+33.62 pts vs state
6.88%Median rate+0.13 pts vs state
0.42Rate spread (pts)+0.04 pts vs state
$113kMedian applicant income
254Loans originated
4Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232562363.1%6.75%#184
20242382211.7%7.00%#205
20252752541.5%6.88%#205

What Grundy Bank lends in Illinois

By loan purpose

Home purchase 139 51% · 0.7% denied
Refinance 41 15% · 0.0% denied
Cash-out refinance 53 19% · 3.8% denied
Home improvement 14 5% · 0.0% denied
Other / HELOC 28 10% · 3.6% denied

By loan type

Conventional 272 99% · 1.5% denied
USDA / RHS 3 1% · 0.0% denied

Why it denied Illinois applicants

Credit history 3 75%
Debt-to-income ratio 1 25%

Where in Illinois

Counties with the most Grundy Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Grundy County 1391290 0.0%
Will County 67641 1.5%
LaSalle County 30262 6.7%
Kankakee County 1091 10.0%
Kendall County 760 0.0%
DuPage County 770 0.0%
Cook County 430 0.0%
Livingston County 330 0.0%
Lake County 220 0.0%
DeKalb 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: 275 applications in 2025, of which 254 were originated and 4 denied.

1.5% of all applications, or 1.5% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Grundy Bank originated in Illinois in 2025 was 6.88%, against a statewide median of 6.75%.

About this data. Figures are Grundy 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