Midland States Bank in Illinois vs the state
24.7%Denial rate+7.59 pts vs state
27.8%Decision denial rate+6.14 pts vs state
60.2%Origination rate+1.43 pts vs state
6.50%Median rate-0.25 pts vs state
0.02Rate spread (pts)-0.36 pts vs state
$82kMedian applicant income
840Loans originated
345Denied
Trend in Illinois
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,615 | 1,022 | 20.8% | 6.25% | #42 |
| 2024 | 1,423 | 882 | 23.6% | 6.63% | #57 |
| 2025 | 1,396 | 840 | 24.7% | 6.50% | #63 |
What Midland States Bank lends in Illinois
By loan purpose
By loan type
Why it denied Illinois applicants
Where in Illinois
Counties with the most Midland States Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Winnebago County | 273 | 148 | 81 | 29.7% |
| Kankakee County | 204 | 112 | 64 | 31.4% |
| Champaign County | 141 | 126 | 8 | 5.7% |
| Will County | 91 | 49 | 22 | 24.2% |
| LaSalle County | 62 | 46 | 12 | 19.4% |
| Boone County | 58 | 30 | 19 | 32.8% |
| Cook County | 51 | 29 | 16 | 31.4% |
| Fayette County | 48 | 26 | 12 | 25.0% |
| Whiteside County | 41 | 22 | 15 | 36.6% |
| Effingham County | 38 | 26 | 4 | 10.5% |
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: 1,396 applications in 2025, of which 840 were originated and 345 denied.
24.7% of all applications, or 27.8% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.
The median rate on loans Midland States Bank originated in Illinois in 2025 was 6.50%, against a statewide median of 6.75%.
About this data. Figures are Midland States 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