Presidential Bank · Illinois · 2025

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

Presidential Bank took 48 mortgage applications in Illinois in 2025, ranking #470 of 1,150 lenders active in the state. It originated 75.0% of them and denied 2.1% (2.6% of the applications it decided), against a statewide denial rate of 17.1%.

48Applicationsin IL
2.6%Decision denial ratestate 21.7%
6.93%Median ratestate 6.75%
$230,000Median loanstate $185,000
$11MVolume13 counties

Presidential Bank in Illinois vs the state

2.1%Denial rate-15.04 pts vs state
2.6%Decision denial rate-19.05 pts vs state
75.0%Origination rate+16.26 pts vs state
6.93%Median rate+0.18 pts vs state
0.46Rate spread (pts)+0.07 pts vs state
$103kMedian applicant income
36Loans originated
1Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
2024550.0%7.00%#757
202548362.1%6.93%#470

What Presidential Bank lends in Illinois

By loan purpose

Home purchase 43 90% · 2.3% denied
Refinance 3 6% · 0.0% denied
Cash-out refinance 2 4% · 0.0% denied

By loan type

Conventional 39 81% · 2.6% denied
FHA 2 4% · 0.0% denied
VA 6 13% · 0.0% denied
USDA / RHS 1 2% · 0.0% denied

Why it denied Illinois applicants

Collateral 1 100%

Where in Illinois

Counties with the most Presidential Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cook County 13101 7.7%
DuPage County 760 0.0%
Will County 440 0.0%
Kane County 420 0.0%
LaSalle County 420 0.0%
McHenry County 440 0.0%
DeKalb County 220 0.0%
Boone County 200 0.0%
Ogle County 200 0.0%
Lee County 220 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: 48 applications in 2025, of which 36 were originated and 1 denied.

2.1% of all applications, or 2.6% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Presidential Bank originated in Illinois in 2025 was 6.93%, against a statewide median of 6.75%.

About this data. Figures are Presidential 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