The Bank of New Glarus in Illinois vs the state
5.9%Denial rate-11.24 pts vs state
5.9%Decision denial rate-15.80 pts vs state
94.1%Origination rate+35.38 pts vs state
6.56%Median rate-0.19 pts vs state
0.06Rate spread (pts)-0.32 pts vs state
$73kMedian applicant income
16Loans originated
1Denied
Trend in Illinois
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 17 | 15 | 5.9% | 6.50% | #613 |
| 2024 | 23 | 19 | 0.0% | 7.13% | #570 |
| 2025 | 17 | 16 | 5.9% | 6.56% | #619 |
What The Bank of New Glarus lends in Illinois
By loan purpose
By loan type
Why it denied Illinois applicants
Where in Illinois
Counties with the most The Bank of New Glarus applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Stephenson County | 8 | 7 | 1 | 12.5% |
| Winnebago County | 3 | 3 | 0 | 0.0% |
| Cook County | 2 | 2 | 0 | 0.0% |
| Jo Daviess County | 1 | 1 | 0 | 0.0% |
| Boone County | 1 | 1 | 0 | 0.0% |
| Carroll County | 1 | 1 | 0 | 0.0% |
| Bureau 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: 17 applications in 2025, of which 16 were originated and 1 denied.
5.9% of all applications, or 5.9% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.
The median rate on loans The Bank of New Glarus originated in Illinois in 2025 was 6.56%, against a statewide median of 6.75%.
About this data. Figures are The Bank of New Glarus'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