Paramount Bank in Illinois vs the state
13.5%Denial rate-3.61 pts vs state
17.9%Decision denial rate-3.82 pts vs state
62.2%Origination rate+3.42 pts vs state
6.63%Median rate-0.13 pts vs state
0.28Rate spread (pts)-0.10 pts vs state
$94kMedian applicant income
23Loans originated
5Denied
Trend in Illinois
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 165 | 60 | 5.5% | 7.13% | #256 |
| 2024 | 121 | 51 | 6.6% | 6.63% | #305 |
| 2025 | 37 | 23 | 13.5% | 6.63% | #505 |
What Paramount Bank lends in Illinois
By loan purpose
By loan type
Why it denied Illinois applicants
Where in Illinois
Counties with the most Paramount Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| St. Clair County | 12 | 8 | 1 | 8.3% |
| Madison County | 10 | 9 | 1 | 10.0% |
| Cook County | 6 | 3 | 1 | 16.7% |
| Clinton County | 3 | 1 | 1 | 33.3% |
| Champaign County | 1 | 0 | 0 | 0.0% |
| Macoupin County | 1 | 0 | 0 | 0.0% |
| Montgomery County | 1 | 1 | 0 | 0.0% |
| Sangamon County | 1 | 0 | 0 | 0.0% |
| Marion County | 1 | 0 | 1 | 100.0% |
| Williamson 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: 37 applications in 2025, of which 23 were originated and 5 denied.
13.5% of all applications, or 17.9% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.
The median rate on loans Paramount Bank originated in Illinois in 2025 was 6.63%, against a statewide median of 6.75%.
About this data. Figures are Paramount 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