Prospect Bank in Illinois vs the state
22.6%Denial rate+5.52 pts vs state
22.6%Decision denial rate+0.96 pts vs state
75.5%Origination rate+16.73 pts vs state
—Median rate
—Rate spread (pts)
$85kMedian applicant income
40Loans originated
12Denied
Trend in Illinois
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 91 | 75 | 6.6% | — | #353 |
| 2024 | 79 | 70 | 2.5% | — | #372 |
| 2025 | 53 | 40 | 22.6% | — | #454 |
What Prospect Bank lends in Illinois
By loan purpose
By loan type
Where in Illinois
Counties with the most Prospect Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Champaign County | 18 | 13 | 5 | 27.8% |
| Edgar County | 16 | 14 | 2 | 12.5% |
| Coles County | 4 | 3 | 1 | 25.0% |
| Vermilion County | 3 | 3 | 0 | 0.0% |
| Clark County | 2 | 2 | 0 | 0.0% |
| Iroquois County | 2 | 2 | 0 | 0.0% |
| Macon County | 2 | 1 | 1 | 50.0% |
| Cook County | 1 | 1 | 0 | 0.0% |
| Douglas 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: 53 applications in 2025, of which 40 were originated and 12 denied.
22.6% of all applications, or 22.6% 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 Prospect 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