Peoples National Bank · Illinois · 2025

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

Peoples National Bank took 442 mortgage applications in Illinois in 2025, ranking #143 of 1,150 lenders active in the state. It originated 72.4% of them and denied 11.8% (13.7% of the applications it decided), against a statewide denial rate of 17.1%.

442Applicationsin IL
13.7%Decision denial ratestate 21.7%
6.63%Median ratestate 6.75%
$115,000Median loanstate $185,000
$50MVolume30 counties

Peoples National Bank in Illinois vs the state

11.8%Denial rate-5.36 pts vs state
13.7%Decision denial rate-8.03 pts vs state
72.4%Origination rate+13.66 pts vs state
6.63%Median rate-0.13 pts vs state
0.14Rate spread (pts)-0.24 pts vs state
$78kMedian applicant income
320Loans originated
52Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235364209.5%6.88%#103
20245053919.1%6.88%#119
202544232011.8%6.63%#143

What Peoples National Bank lends in Illinois

By loan purpose

Home purchase 341 77% · 8.2% denied
Refinance 39 9% · 18.0% denied
Cash-out refinance 35 8% · 34.3% denied
Home improvement 9 2% · 11.1% denied
Other / HELOC 18 4% · 22.2% denied

By loan type

Conventional 420 95% · 11.4% denied
FHA 7 2% · 14.3% denied
VA 2 0% · 0.0% denied
USDA / RHS 13 3% · 23.1% denied

Why it denied Illinois applicants

Credit history 18 35%
Debt-to-income ratio 13 25%
Collateral 13 25%
Other 4 8%
Insufficient cash 3 6%
Unverifiable information 1 2%

Where in Illinois

Counties with the most Peoples National Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 81638 9.9%
Saline County 56369 16.1%
Marion County 49354 8.2%
Franklin County 46382 4.3%
Williamson County 45305 11.1%
Hamilton County 39315 12.8%
Wayne County 37238 21.6%
White County 28203 10.7%
Jackson County 1090 0.0%
Johnson County 642 33.3%

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: 442 applications in 2025, of which 320 were originated and 52 denied.

11.8% of all applications, or 13.7% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Peoples National Bank originated in Illinois in 2025 was 6.63%, against a statewide median of 6.75%.

About this data. Figures are Peoples 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