State Bank · Illinois · 2025

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

State Bank took 83 mortgage applications in Illinois in 2025, ranking #377 of 1,150 lenders active in the state. It originated 72.3% of them and denied 14.5% (16.0% of the applications it decided), against a statewide denial rate of 17.1%.

83Applicationsin IL
16.0%Decision denial ratestate 21.7%
Median ratestate 6.75%
$205,000Median loanstate $185,000
$13MVolume5 counties

State Bank in Illinois vs the state

14.5%Denial rate-2.66 pts vs state
16.0%Decision denial rate-5.68 pts vs state
72.3%Origination rate+13.55 pts vs state
Median rate
Rate spread (pts)
$108kMedian applicant income
60Loans originated
12Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023695111.6%#397
2024685216.2%#401
2025836014.5%#377

What State Bank lends in Illinois

By loan purpose

Home purchase 56 67% · 14.3% denied
Refinance 7 8% · 28.6% denied
Cash-out refinance 18 22% · 11.1% denied
Home improvement 1 1% · 0.0% denied
Other / HELOC 1 1% · 0.0% denied

By loan type

Conventional 83 100% · 14.5% denied

Where in Illinois

Counties with the most State Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Monroe County 644711 17.2%
St. Clair County 1060 0.0%
Randolph County 650 0.0%
Johnson County 110 0.0%
Bond 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: 83 applications in 2025, of which 60 were originated and 12 denied.

14.5% of all applications, or 16.0% 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 State 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