North Shore Bank · Illinois · 2025

North Shore Bank in Illinois: approval rate, denial rate and rates (2025)

North Shore Bank took 35 mortgage applications in Illinois in 2025, ranking #514 of 1,150 lenders active in the state. It originated 31.4% of them and denied 57.1% (58.8% of the applications it decided), against a statewide denial rate of 17.1%.

35Applicationsin IL
58.8%Decision denial ratestate 21.7%
6.38%Median ratestate 6.75%
$135,000Median loanstate $185,000
$3.0MVolume7 counties

North Shore Bank in Illinois vs the state

57.1%Denial rate+40.02 pts vs state
58.8%Decision denial rate+37.14 pts vs state
31.4%Origination rate-27.31 pts vs state
6.38%Median rate-0.38 pts vs state
0.01Rate spread (pts)-0.37 pts vs state
$118kMedian applicant income
11Loans originated
20Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023261538.5%6.99%#556
2024592157.6%5.85%#423
2025351157.1%6.38%#514

What North Shore Bank lends in Illinois

By loan purpose

Home purchase 3 9% · 0.0% denied
Refinance 8 23% · 62.5% denied
Cash-out refinance 2 6% · 0.0% denied
Home improvement 10 29% · 70.0% denied
Other / HELOC 12 34% · 66.7% denied

By loan type

Conventional 35 100% · 57.1% denied

Why it denied Illinois applicants

Debt-to-income ratio 12 60%
Incomplete application 3 15%
Collateral 3 15%
Credit history 2 10%

Where in Illinois

Counties with the most North Shore Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
McHenry County 1339 69.2%
Lake County 1347 53.8%
Cook County 312 66.7%
Kane County 311 33.3%
Winnebago County 110 0.0%
DuPage County 101 100.0%
Knox County 110 0.0%

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: 35 applications in 2025, of which 11 were originated and 20 denied.

57.1% of all applications, or 58.8% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans North Shore Bank originated in Illinois in 2025 was 6.38%, against a statewide median of 6.75%.

About this data. Figures are North Shore 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