HSBC Bank USA in Illinois vs the state
8.1%Denial rate-9.01 pts vs state
11.5%Decision denial rate-10.14 pts vs state
59.5%Origination rate+0.72 pts vs state
6.00%Median rate-0.75 pts vs state
-0.02Rate spread (pts)-0.40 pts vs state
$406kMedian applicant income
22Loans originated
3Denied
Trend in Illinois
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 53 | 40 | 1.9% | 6.41% | #442 |
| 2024 | 57 | 32 | 19.3% | 6.37% | #432 |
| 2025 | 37 | 22 | 8.1% | 6.00% | #503 |
What HSBC Bank USA lends in Illinois
By loan purpose
By loan type
Why it denied Illinois applicants
Where in Illinois
Counties with the most HSBC Bank USA applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cook County | 20 | 10 | 3 | 15.0% |
| Will County | 6 | 4 | 0 | 0.0% |
| Lake County | 6 | 4 | 0 | 0.0% |
| DuPage County | 5 | 4 | 0 | 0.0% |
Other large lenders in Illinois
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Guaranteed Rate | B | 17,479 | 4.9% | 6.63% |
| Rocket Mortgage | C | 16,971 | 19.7% | 6.75% |
| United Shore Financial Services | B | 15,644 | 13.0% | 6.50% |
| JPMorgan Chase Bank | B | 13,574 | 9.7% | 6.49% |
| U.S. Bank | D | 10,076 | 38.3% | 7.00% |
| Crosscountry Mortgage | B | 8,779 | 4.5% | 6.75% |
| Fifth Third Bank | D | 8,628 | 32.1% | 7.50% |
| The Huntington National Bank | D | 8,226 | 31.9% | 6.99% |
| BMO Bank | F | 8,007 | 32.7% | 8.33% |
| Loandepot.Com | D | 7,019 | 17.7% | 6.88% |
Frequently asked questions
Illinois: 37 applications in 2025, of which 22 were originated and 3 denied.
8.1% of all applications, or 11.5% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.
The median rate on loans HSBC Bank USA originated in Illinois in 2025 was 6.00%, against a statewide median of 6.75%.
About this data. Figures are HSBC Bank USA'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