Home State Bank · Illinois · 2025

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

Home State Bank took 253 mortgage applications in Illinois in 2025, ranking #219 of 1,150 lenders active in the state. It originated 86.6% of them and denied 4.7% (5.0% of the applications it decided), against a statewide denial rate of 17.1%.

253Applicationsin IL
5.0%Decision denial ratestate 21.7%
6.63%Median ratestate 6.75%
$265,000Median loanstate $185,000
$66MVolume12 counties

Home State Bank in Illinois vs the state

4.7%Denial rate-12.38 pts vs state
5.0%Decision denial rate-16.68 pts vs state
86.6%Origination rate+27.82 pts vs state
6.63%Median rate-0.13 pts vs state
0.29Rate spread (pts)-0.10 pts vs state
$116kMedian applicant income
219Loans originated
12Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233843234.4%6.50%#133
20243012546.3%7.00%#178
20252532194.7%6.63%#219

What Home State Bank lends in Illinois

By loan purpose

Home purchase 178 70% · 2.8% denied
Refinance 67 26% · 9.0% denied
Cash-out refinance 7 3% · 14.3% denied
Other / HELOC 1 0% · 0.0% denied

By loan type

Conventional 232 92% · 5.2% denied
FHA 21 8% · 0.0% denied

Why it denied Illinois applicants

Debt-to-income ratio 6 50%
Collateral 2 17%
Other 2 17%
Credit history 1 8%
Incomplete application 1 8%

Where in Illinois

Counties with the most Home State Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
McHenry County 1371232 1.5%
Cook County 42334 9.5%
Lake County 30253 10.0%
Kane County 18142 11.1%
DuPage County 13111 7.7%
Boone County 330 0.0%
Kendall County 330 0.0%
Will County 220 0.0%
Winnebago County 220 0.0%
DeKalb 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: 253 applications in 2025, of which 219 were originated and 12 denied.

4.7% of all applications, or 5.0% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Home State Bank originated in Illinois in 2025 was 6.63%, against a statewide median of 6.75%.

About this data. Figures are Home 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