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investment property refinance lenders · HMDA 2023–2025

Investment property refinance lenders in Winnebago County, Illinois

Fat Boy Data analyzed investment property refinance activity in Winnebago County, Illinois, home to Rockford, to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 256 applications were decided by 70 lenders between 2023 and 2025.

Winnebago County at a glance

70Active lenders1 with 20+ decisions
80.1%Market approval rate205 of 256 decided
$105KTypical loanmedian lender, $10K brackets
97%Borrower take-up198 loans funded

How Winnebago County compares

Approval rate compared
Winnebago County80.1%Illinois81.4%All 616 counties77.7%
Typical loan compared
Winnebago County$105KIllinois$165KAll 616 counties$235K

What the data shows

Northwest Bank of Rockford made the most investment property refinances in Winnebago County, IL, 17 of them.

Northwest Bank of Rockford approved the highest share of applications among lenders with at least 20 decisions here, 85% of 20.

The typical investment property refinance here is $105K, 36% smaller than the Illinois typical of $165K.

Investment property refinance lenders in Winnebago County

LenderApprovalApprovedTaken upTypical loanLoans made
1Northwest Bank of Rockford85%17 / 20100%$105K17
2Midland States BankLimited sample71%12 / 1792%$105K11
3Byron BankLimited sample94%15 / 16100%$65K15
4Holcomb BankLimited sample75%12 / 16100%$125K12
5Stillman BancCorp N.A.Limited sample100%13 / 13100%$125K13

Ranked by lending volume. Approval is the share of decided applications a lender approved; taken up is the share of approvals borrowers accepted. Lenders with fewer than 20 decisions are marked as a limited sample and never used for a “highest approval” claim.How the numbers work.

Fat Boy found 65 more lenders.

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You are seeing the 5 largest investment property refinance lenders in Winnebago County. Unlock the full market: every lender that decided one of these loans here, what they approved, how much borrowers took, and how close the nearest office is.

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  • Nearest office and distance
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