Old Second National Bank · Illinois · 2025

Old Second National Bank in Illinois: approval rate, denial rate and rates (2025)

Old Second National Bank took 1,351 mortgage applications in Illinois in 2025, ranking #65 of 1,150 lenders active in the state. It originated 77.4% of them and denied 9.8% (10.9% of the applications it decided), against a statewide denial rate of 17.1%.

1.4kApplicationsin IL
10.9%Decision denial ratestate 21.7%
7.25%Median ratestate 6.75%
$155,000Median loanstate $185,000
$249MVolume21 counties

Old Second National Bank in Illinois vs the state

9.8%Denial rate-7.28 pts vs state
10.9%Decision denial rate-10.79 pts vs state
77.4%Origination rate+18.68 pts vs state
7.25%Median rate+0.50 pts vs state
0.09Rate spread (pts)-0.29 pts vs state
$120kMedian applicant income
1,046Loans originated
133Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,13180711.9%8.00%#64
20241,1198268.9%8.25%#68
20251,3511,0469.8%7.25%#65

What Old Second National Bank lends in Illinois

By loan purpose

Home purchase 330 24% · 4.9% denied
Refinance 99 7% · 7.1% denied
Cash-out refinance 311 23% · 10.3% denied
Home improvement 63 5% · 4.8% denied
Other / HELOC 548 41% · 13.7% denied

By loan type

Conventional 1,329 98% · 9.2% denied
FHA 21 2% · 52.4% denied
VA 1 0% · 0.0% denied

Why it denied Illinois applicants

Debt-to-income ratio 60 45%
Credit history 41 31%
Collateral 13 10%
Other 11 8%
Unverifiable information 6 5%
Employment history 2 2%

Where in Illinois

Counties with the most Old Second National Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Kane County 39030431 7.9%
Cook County 23818125 10.5%
DuPage County 22617325 11.1%
Kendall County 15612218 11.5%
Will County 1088511 10.2%
DeKalb County 896811 12.4%
Lake County 53415 9.4%
McHenry County 35262 5.7%
LaSalle County 35294 11.4%
Ogle County 440 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: 1,351 applications in 2025, of which 1,046 were originated and 133 denied.

9.8% of all applications, or 10.9% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Old Second National Bank originated in Illinois in 2025 was 7.25%, against a statewide median of 6.75%.

About this data. Figures are Old Second National 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