University Bank · Illinois · 2025

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

University Bank took 30 mortgage applications in Illinois in 2025, ranking #542 of 1,150 lenders active in the state. It originated 66.7% of them and denied 20.0% (23.1% of the applications it decided), against a statewide denial rate of 17.1%.

30Applicationsin IL
23.1%Decision denial ratestate 21.7%
6.56%Median ratestate 6.75%
$270,000Median loanstate $185,000
$6.0MVolume12 counties

University Bank in Illinois vs the state

20.0%Denial rate+2.88 pts vs state
23.1%Decision denial rate+1.40 pts vs state
66.7%Origination rate+7.93 pts vs state
6.56%Median rate-0.19 pts vs state
0.32Rate spread (pts)-0.06 pts vs state
$115kMedian applicant income
20Loans originated
6Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
202312108.3%7.13%#657
2024191110.5%6.63%#590
2025302020.0%6.56%#542

What University Bank lends in Illinois

By loan purpose

Home purchase 5 17% · 0.0% denied
Refinance 19 63% · 15.8% denied
Cash-out refinance 1 3% · 0.0% denied
Other / HELOC 5 17% · 60.0% denied

By loan type

Conventional 21 70% · 19.1% denied
FHA 7 23% · 28.6% denied
VA 2 7% · 0.0% denied

Where in Illinois

Counties with the most University Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cook County 1165 45.5%
Lake County 650 0.0%
Will County 220 0.0%
DuPage County 211 50.0%
Woodford County 210 0.0%
Kankakee County 110 0.0%
St. Clair County 110 0.0%
Kane County 110 0.0%
Grundy County 110 0.0%
Sangamon 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: 30 applications in 2025, of which 20 were originated and 6 denied.

20.0% of all applications, or 23.1% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans University Bank originated in Illinois in 2025 was 6.56%, against a statewide median of 6.75%.

About this data. Figures are University 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