Wintrust Bank · Illinois · 2025

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

Wintrust Bank took 314 mortgage applications in Illinois in 2025, ranking #182 of 1,150 lenders active in the state. It originated 81.9% of them and denied 2.6% (3.0% of the applications it decided), against a statewide denial rate of 17.1%.

314Applicationsin IL
3.0%Decision denial ratestate 21.7%
Median ratestate 6.75%
$685,000Median loanstate $185,000
$309MVolume6 counties

Wintrust Bank in Illinois vs the state

2.6%Denial rate-14.57 pts vs state
3.0%Decision denial rate-18.66 pts vs state
81.9%Origination rate+23.11 pts vs state
Median rate
Rate spread (pts)
$302kMedian applicant income
257Loans originated
8Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232091503.4%#214
20242882294.2%#182
20253142572.6%#182

What Wintrust Bank lends in Illinois

By loan purpose

Home purchase 180 57% · 1.7% denied
Refinance 98 31% · 2.0% denied
Cash-out refinance 14 4% · 14.3% denied
Home improvement 9 3% · 0.0% denied
Other / HELOC 13 4% · 7.7% denied

By loan type

Conventional 314 100% · 2.6% denied

Why it denied Illinois applicants

Collateral 5 63%
Unverifiable information 1 13%
Debt-to-income ratio 1 13%
Insufficient cash 1 13%

Where in Illinois

Counties with the most Wintrust Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cook County 2972438 2.7%
DuPage County 860 0.0%
Lake County 650 0.0%
Carroll County 110 0.0%
McHenry County 110 0.0%
Stephenson 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: 314 applications in 2025, of which 257 were originated and 8 denied.

2.6% of all applications, or 3.0% 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 Wintrust 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