Morton Community Bank · Illinois · 2025

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

Morton Community Bank took 1,718 mortgage applications in Illinois in 2025, ranking #49 of 1,150 lenders active in the state. It originated 80.2% of them and denied 10.8% (11.7% of the applications it decided), against a statewide denial rate of 17.1%.

1.7kApplicationsin IL
11.7%Decision denial ratestate 21.7%
7.00%Median ratestate 6.75%
$95,000Median loanstate $185,000
$268MVolume48 counties

Morton Community Bank in Illinois vs the state

10.8%Denial rate-6.35 pts vs state
11.7%Decision denial rate-10.01 pts vs state
80.2%Origination rate+21.41 pts vs state
7.00%Median rate+0.25 pts vs state
0.19Rate spread (pts)-0.19 pts vs state
$95kMedian applicant income
1,377Loans originated
185Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,6361,2959.0%7.00%#41
20241,5231,2339.7%7.50%#50
20251,7181,37710.8%7.00%#49

What Morton Community Bank lends in Illinois

By loan purpose

Home purchase 741 43% · 4.5% denied
Refinance 282 16% · 7.8% denied
Cash-out refinance 27 2% · 11.1% denied
Home improvement 397 23% · 15.6% denied
Other / HELOC 271 16% · 24.0% denied

By loan type

Conventional 1,718 100% · 10.8% denied

Why it denied Illinois applicants

Credit history 83 45%
Debt-to-income ratio 71 38%
Collateral 22 12%
Insufficient cash 3 2%
Unverifiable information 2 1%
Employment history 2 1%
Other 2 1%

Where in Illinois

Counties with the most Morton Community Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Tazewell County 42432851 12.0%
Peoria County 26719836 13.5%
Sangamon County 23019018 7.8%
McLean County 18115411 6.1%
Woodford County 1028210 9.8%
McDonough County 82772 2.4%
Champaign County 60531 1.7%
Fulton County 554010 18.2%
Marshall County 42366 14.3%
Mason County 32247 21.9%

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: 1,718 applications in 2025, of which 1,377 were originated and 185 denied.

10.8% of all applications, or 11.7% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Morton Community Bank originated in Illinois in 2025 was 7.00%, against a statewide median of 6.75%.

About this data. Figures are Morton Community 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