Pike Bancorp · Illinois · 2025

Pike Bancorp in Illinois: approval rate, denial rate and rates (2025)

Pike Bancorp took 54 mortgage applications in Illinois in 2025, ranking #446 of 1,150 lenders active in the state. It originated 88.9% of them and denied 7.4% (7.6% of the applications it decided), against a statewide denial rate of 17.1%.

54Applicationsin IL
7.6%Decision denial ratestate 21.7%
Median ratestate 6.75%
$110,000Median loanstate $185,000
$5.8MVolume3 counties

Pike Bancorp in Illinois vs the state

7.4%Denial rate-9.71 pts vs state
7.6%Decision denial rate-14.13 pts vs state
88.9%Origination rate+30.15 pts vs state
Median rate
Rate spread (pts)
$105kMedian applicant income
48Loans originated
4Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023694917.4%#396
202442392.4%#475
202554487.4%#446

What Pike Bancorp lends in Illinois

By loan purpose

Home purchase 19 35% · 5.3% denied
Refinance 23 43% · 4.4% denied
Cash-out refinance 3 6% · 66.7% denied
Home improvement 4 7% · 0.0% denied
Other / HELOC 5 9% · 0.0% denied

By loan type

Conventional 54 100% · 7.4% denied

Where in Illinois

Counties with the most Pike Bancorp applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jersey County 1293 25.0%
Macoupin County 110 0.0%
Madison 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: 54 applications in 2025, of which 48 were originated and 4 denied.

7.4% of all applications, or 7.6% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Pike Bancorp'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