Ixonia Bank · Illinois · 2025

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

Ixonia Bank took 824 mortgage applications in Illinois in 2025, ranking #90 of 1,150 lenders active in the state. It originated 68.3% of them and denied 3.9% (5.3% of the applications it decided), against a statewide denial rate of 17.1%.

824Applicationsin IL
5.3%Decision denial ratestate 21.7%
6.88%Median ratestate 6.75%
$225,000Median loanstate $185,000
$140MVolume34 counties

Ixonia Bank in Illinois vs the state

3.9%Denial rate-13.24 pts vs state
5.3%Decision denial rate-16.34 pts vs state
68.3%Origination rate+9.59 pts vs state
6.88%Median rate+0.13 pts vs state
0.72Rate spread (pts)+0.34 pts vs state
$94kMedian applicant income
563Loans originated
32Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235133704.7%7.13%#110
20248546123.3%6.99%#77
20258245633.9%6.88%#90

What Ixonia Bank lends in Illinois

By loan purpose

Home purchase 651 79% · 4.0% denied
Refinance 71 9% · 1.4% denied
Cash-out refinance 56 7% · 3.6% denied
Home improvement 4 0% · 25.0% denied
Other / HELOC 42 5% · 4.8% denied

By loan type

Conventional 573 70% · 3.3% denied
FHA 210 25% · 5.2% denied
VA 36 4% · 2.8% denied
USDA / RHS 5 1% · 20.0% denied

Why it denied Illinois applicants

Debt-to-income ratio 12 38%
Collateral 8 25%
Unverifiable information 5 16%
Credit history 5 16%
Insufficient cash 1 3%
Other 1 3%

Where in Illinois

Counties with the most Ixonia Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cook County 37323324 6.4%
Will County 1811313 1.7%
Kankakee County 66501 1.5%
McLean County 47431 2.1%
DuPage County 36230 0.0%
Iroquois County 22160 0.0%
Kendall County 1170 0.0%
Lake County 960 0.0%
Kane County 971 11.1%
Woodford County 990 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: 824 applications in 2025, of which 563 were originated and 32 denied.

3.9% of all applications, or 5.3% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

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

About this data. Figures are Ixonia 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