Regions Bank · Illinois · 2025

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

Regions Bank took 2,543 mortgage applications in Illinois in 2025, ranking #36 of 1,150 lenders active in the state. It originated 45.9% of them and denied 38.2% (41.9% of the applications it decided), against a statewide denial rate of 17.1%.

2.5kApplicationsin IL
41.9%Decision denial ratestate 21.7%
4.99%Median ratestate 6.75%
$55,000Median loanstate $185,000
$133MVolume81 counties

Regions Bank in Illinois vs the state

38.2%Denial rate+21.10 pts vs state
41.9%Decision denial rate+20.18 pts vs state
45.9%Origination rate-12.81 pts vs state
4.99%Median rate-1.76 pts vs state
-2.08Rate spread (pts)-2.46 pts vs state
$78kMedian applicant income
1,168Loans originated
972Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,3381,09637.9%7.88%#30
20242,1921,00139.9%7.00%#35
20252,5431,16838.2%4.99%#36

What Regions Bank lends in Illinois

By loan purpose

Home purchase 428 17% · 16.8% denied
Refinance 509 20% · 27.7% denied
Cash-out refinance 92 4% · 31.5% denied
Home improvement 861 34% · 48.0% denied
Other / HELOC 653 26% · 48.6% denied

By loan type

Conventional 2,332 92% · 39.2% denied
FHA 167 7% · 29.3% denied
VA 21 1% · 19.1% denied
USDA / RHS 23 1% · 17.4% denied

Why it denied Illinois applicants

Credit history 545 56%
Debt-to-income ratio 211 22%
Collateral 185 19%
Unverifiable information 10 1%
Insufficient cash 9 1%
Incomplete application 6 1%
Other 5 1%
Employment history 1 0%

Where in Illinois

Counties with the most Regions Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
St. Clair County 606293218 36.0%
Madison County 533273192 36.0%
Macon County 21510779 36.7%
Jackson County 873939 44.8%
Cook County 702236 51.4%
Christian County 653220 30.8%
Tazewell County 632624 38.1%
Sangamon County 581921 36.2%
Marion County 572522 38.6%
Williamson County 552722 40.0%

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: 2,543 applications in 2025, of which 1,168 were originated and 972 denied.

38.2% of all applications, or 41.9% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Regions Bank originated in Illinois in 2025 was 4.99%, against a statewide median of 6.75%.

About this data. Figures are Regions 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