INB · Illinois · 2025

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

INB took 1,102 mortgage applications in Illinois in 2025, ranking #74 of 1,150 lenders active in the state. It originated 82.6% of them and denied 4.1% (4.7% of the applications it decided), against a statewide denial rate of 17.1%.

1.1kApplicationsin IL
4.7%Decision denial ratestate 21.7%
6.63%Median ratestate 6.75%
$155,000Median loanstate $185,000
$192MVolume46 counties

INB in Illinois vs the state

4.1%Denial rate-13.04 pts vs state
4.7%Decision denial rate-17.03 pts vs state
82.6%Origination rate+23.84 pts vs state
6.63%Median rate-0.13 pts vs state
0.33Rate spread (pts)-0.05 pts vs state
$99kMedian applicant income
910Loans originated
45Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,1219245.9%7.00%#66
20241,0809165.6%7.00%#72
20251,1029104.1%6.63%#74

What INB lends in Illinois

By loan purpose

Home purchase 843 76% · 2.5% denied
Refinance 173 16% · 7.5% denied
Cash-out refinance 31 3% · 6.5% denied
Home improvement 35 3% · 11.4% denied
Other / HELOC 20 2% · 25.0% denied

By loan type

Conventional 962 87% · 3.1% denied
FHA 79 7% · 15.2% denied
VA 55 5% · 1.8% denied
USDA / RHS 6 1% · 33.3% denied

Why it denied Illinois applicants

Debt-to-income ratio 24 53%
Credit history 17 38%
Collateral 2 4%
Insufficient cash 1 2%
Other 1 2%

Where in Illinois

Counties with the most INB applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Sangamon County 66557625 3.8%
Peoria County 112914 3.6%
Champaign County 53402 3.8%
Tazewell County 46372 4.3%
McLean County 28163 10.7%
Knox County 27183 11.1%
Macon County 24201 4.2%
Menard County 22200 0.0%
Logan County 18150 0.0%
Christian County 17130 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: 1,102 applications in 2025, of which 910 were originated and 45 denied.

4.1% of all applications, or 4.7% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

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

About this data. Figures are INB'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