Waterman State Bank in Illinois vs the state
3.5%Denial rate-13.63 pts vs state
4.4%Decision denial rate-17.32 pts vs state
74.7%Origination rate+15.99 pts vs state
—Median rate
—Rate spread (pts)
$161kMedian applicant income
278Loans originated
13Denied
Trend in Illinois
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 272 | 216 | 3.3% | — | #172 |
| 2024 | 278 | 231 | 5.0% | — | #186 |
| 2025 | 372 | 278 | 3.5% | — | #161 |
What Waterman State Bank lends in Illinois
By loan purpose
By loan type
Where in Illinois
Counties with the most Waterman State Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cook County | 264 | 193 | 12 | 4.5% |
| Lake County | 41 | 30 | 0 | 0.0% |
| DuPage County | 29 | 23 | 1 | 3.4% |
| Kane County | 14 | 11 | 0 | 0.0% |
| McHenry County | 7 | 6 | 0 | 0.0% |
| Will County | 6 | 6 | 0 | 0.0% |
| DeKalb County | 2 | 1 | 0 | 0.0% |
| Kendall County | 2 | 2 | 0 | 0.0% |
| Ford County | 2 | 1 | 0 | 0.0% |
| Peoria 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: 372 applications in 2025, of which 278 were originated and 13 denied.
3.5% of all applications, or 4.4% 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 Waterman 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