Liberty Bank for Savings at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the C grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
44th11.2% deniedPricingmedian rate spread over APOR, weight 30%
79th0.03 ptsProcesswithdrawn + incomplete share, weight 15%
4th31.8%Closing coststotal loan costs ÷ loan amount, weight 10%
62nd1.60% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 256 | 191 | 5.9% | 7.2% | 6.25% | $81M |
| 2024 | 274 | 189 | 12.0% | 14.8% | 6.13% | $100M |
| 2025 | 223 | 132 | 7.6% | 11.2% | 6.25% | $64M |
What Liberty Bank for Savings lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 39 investment properties.
Why Liberty Bank for Savings denies applications
Primary reason reported for each of the 17 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Liberty Bank for Savings
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 29 | 15 | 11.8% |
| $100k – $150k | 30 | 16 | 13.6% |
| $150k – $250k | 66 | 39 | 9.3% |
| Over $250k | 68 | 46 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 74 | 46 | 4.1% |
| 35–44 | 59 | 41 | 8.9% |
| 45–54 | 22 | 9 | 30.8% |
Where Liberty Bank for Savings lends
1 states and 6 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Illinois | 223 | 132 | 7.6% | 6.25% | #234 |
Frequently asked questions
Liberty Bank for Savings denied 11.2% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 44th percentile of small mortgage lenders.
The most common reason Liberty Bank for Savings gave in 2025 was "other", cited on 35.3% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans Liberty Bank for Savings originated in 2025 was 6.25%, and its median rate spread over the average prime offer rate was 0.03 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 77% of its applications were for home purchases, 20% for refinancing (including cash-out), and 4% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.