MidWestOne Bank in Illinois vs the state
28.2%Denial rate+11.09 pts vs state
30.6%Decision denial rate+8.88 pts vs state
59.0%Origination rate+0.23 pts vs state
6.50%Median rate-0.25 pts vs state
-0.22Rate spread (pts)-0.60 pts vs state
$118kMedian applicant income
23Loans originated
11Denied
Trend in Illinois
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 25 | 19 | 16.0% | 5.99% | #564 |
| 2024 | 26 | 18 | 19.2% | 7.06% | #555 |
| 2025 | 39 | 23 | 28.2% | 6.50% | #495 |
What MidWestOne Bank lends in Illinois
By loan purpose
By loan type
Why it denied Illinois applicants
Where in Illinois
Counties with the most MidWestOne Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Jo Daviess County | 22 | 15 | 5 | 22.7% |
| Rock Island County | 4 | 2 | 2 | 50.0% |
| Whiteside County | 3 | 2 | 0 | 0.0% |
| Cook County | 2 | 1 | 1 | 50.0% |
| McHenry County | 2 | 0 | 2 | 100.0% |
| Henderson County | 2 | 1 | 0 | 0.0% |
| Hancock County | 1 | 1 | 0 | 0.0% |
| DuPage County | 1 | 0 | 0 | 0.0% |
| Mercer County | 1 | 1 | 0 | 0.0% |
| Lake County | 1 | 0 | 1 | 100.0% |
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: 39 applications in 2025, of which 23 were originated and 11 denied.
28.2% of all applications, or 30.6% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.
The median rate on loans MidWestOne Bank originated in Illinois in 2025 was 6.50%, against a statewide median of 6.75%.
About this data. Figures are MidWestOne 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