Morgan Stanley Private Bank in Illinois vs the state
1.5%Denial rate-15.61 pts vs state
1.7%Decision denial rate-19.94 pts vs state
82.3%Origination rate+23.55 pts vs state
6.05%Median rate-0.70 pts vs state
-0.15Rate spread (pts)-0.53 pts vs state
$317kMedian applicant income
381Loans originated
7Denied
Trend in Illinois
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 449 | 351 | 3.6% | 5.75% | #124 |
| 2024 | 483 | 391 | 3.3% | 6.08% | #123 |
| 2025 | 463 | 381 | 1.5% | 6.05% | #138 |
What Morgan Stanley Private Bank lends in Illinois
By loan purpose
By loan type
Why it denied Illinois applicants
Where in Illinois
Counties with the most Morgan Stanley Private Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cook County | 295 | 238 | 5 | 1.7% |
| Lake County | 66 | 53 | 1 | 1.5% |
| DuPage County | 61 | 55 | 0 | 0.0% |
| Kane County | 12 | 10 | 1 | 8.3% |
| Will County | 10 | 6 | 0 | 0.0% |
| McHenry County | 5 | 5 | 0 | 0.0% |
| Kendall County | 2 | 2 | 0 | 0.0% |
| St. Clair County | 2 | 2 | 0 | 0.0% |
| Rock Island County | 1 | 1 | 0 | 0.0% |
| Peoria County | 1 | 1 | 0 | 0.0% |
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: 463 applications in 2025, of which 381 were originated and 7 denied.
1.5% of all applications, or 1.7% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.
The median rate on loans Morgan Stanley Private Bank originated in Illinois in 2025 was 6.05%, against a statewide median of 6.75%.
About this data. Figures are Morgan Stanley Private 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