Truist Bank · Illinois · 2025

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

Truist Bank took 94 mortgage applications in Illinois in 2025, ranking #355 of 1,150 lenders active in the state. It originated 59.6% of them and denied 10.6% (15.2% of the applications it decided), against a statewide denial rate of 17.1%.

94Applicationsin IL
15.2%Decision denial ratestate 21.7%
6.49%Median ratestate 6.75%
$305,000Median loanstate $185,000
$56MVolume24 counties

Truist Bank in Illinois vs the state

10.6%Denial rate-6.48 pts vs state
15.2%Decision denial rate-6.53 pts vs state
59.6%Origination rate+0.83 pts vs state
6.49%Median rate-0.26 pts vs state
0.14Rate spread (pts)-0.24 pts vs state
$142kMedian applicant income
56Loans originated
10Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
202318012811.7%6.66%#239
20241116510.8%6.63%#322
2025945610.6%6.49%#355

What Truist Bank lends in Illinois

By loan purpose

Home purchase 50 53% · 8.0% denied
Refinance 27 29% · 11.1% denied
Cash-out refinance 11 12% · 9.1% denied
Other / HELOC 6 6% · 33.3% denied

By loan type

Conventional 90 96% · 8.9% denied
FHA 3 3% · 66.7% denied
VA 1 1% · 0.0% denied

Why it denied Illinois applicants

Collateral 4 40%
Other 3 30%
Debt-to-income ratio 2 20%
Incomplete application 1 10%

Where in Illinois

Counties with the most Truist Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cook County 35213 8.6%
St. Clair County 1052 20.0%
Lake County 731 14.3%
Monroe County 760 0.0%
DuPage County 650 0.0%
Will County 422 50.0%
Madison County 440 0.0%
McLean County 220 0.0%
Williamson County 200 0.0%
McHenry 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: 94 applications in 2025, of which 56 were originated and 10 denied.

10.6% of all applications, or 15.2% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Truist Bank originated in Illinois in 2025 was 6.49%, against a statewide median of 6.75%.

About this data. Figures are Truist 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