Bank of O'Fallon mortgage approval rate & lending review
Bank of O'Fallon decided 284 mortgage applications and funded 272 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Bank of O'Fallon reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Bank of O'Fallon at a glance
Approval is 16.0 points above the 82.9% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 99% | 119 / 120 | 96% | $195K | 114 |
| Cash-out refinance | 100% | 25 / 25 | 96% | $155K | 24 |
| Investment property purchase | 99% | 91 / 92 | 98% | $135K | 89 |
Bank of O'Fallon lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Illinois | 99% | $135K | 272 | 262 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Bank of O'Fallon lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| St. Clair County, IL | Mortgage lenders | 99% | 100 | 95 |
| St. Clair County, IL | Investment property purchase | 99% | 74 | 73 |
| St. Clair County, IL | Cash-out refinance | 100% | 23 | 22 |
The county markets where Bank of O'Fallon made the most loans. Each link opens that market with every lender ranked.
Questions about Bank of O'Fallon
What is Bank of O'Fallon's mortgage approval rate?
Bank of O'Fallon approved 98.9% of the 284 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 16.0 points above the 82.9% national rate for the same mix of loan types.
How often do borrowers take the loan Bank of O'Fallon offers?
Borrowers accepted 97% of the loans Bank of O'Fallon approved, against 96% for all home purchase mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Bank of O'Fallon make?
The typical home purchase mortgage loan Bank of O'Fallon made was $195K; across all loan types its typical loan ran from $135K to $195K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Bank of O'Fallon lend?
Bank of O'Fallon decided applications in 3 of the states Fat Boy Data covers, most of them in Illinois, Missouri and Florida.
Can I apply to Bank of O'Fallon directly?
Yes. Bank of O'Fallon is a bank or credit union with 1 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Bank of O'Fallon's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Bank of O'Fallon treats applications, then get a rate quote from the lender.