Grundy Bank mortgage approval rate & lending review
Grundy Bank decided 323 mortgage applications and funded 310 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Grundy Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Grundy Bank at a glance
Approval is 15.7 points above the 80.9% 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 | 95% | 122 / 129 | 100% | $215K | 122 |
| Cash-out refinance | 94% | 51 / 54 | 100% | $85K | 51 |
| Refinance | 97% | 37 / 38 | 100% | $275K | 37 |
| Investment property purchase | 100% | 67 / 67 | 100% | $185K | 67 |
Grundy Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Illinois | 96% | $215K | 301 | 288 |
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 Grundy Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| LaSalle County, IL | Mortgage lenders | 91% | 34 | 31 |
| Will County, IL | Cash-out refinance | 97% | 31 | 30 |
| Will County, IL | Investment property purchase | 100% | 26 | 26 |
The county markets where Grundy Bank made the most loans. Each link opens that market with every lender ranked.
Questions about Grundy Bank
What is Grundy Bank's mortgage approval rate?
Grundy Bank approved 96.6% of the 323 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 15.7 points above the 80.9% national rate for the same mix of loan types.
How often do borrowers take the loan Grundy Bank offers?
Borrowers accepted 99% of the loans Grundy Bank 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 Grundy Bank make?
The typical home purchase mortgage loan Grundy Bank made was $215K; across all loan types its typical loan ran from $85K to $275K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Grundy Bank lend?
Grundy Bank decided applications in 8 of the states Fat Boy Data covers, most of them in Illinois, Florida and Indiana.
Can I apply to Grundy Bank directly?
Yes. Grundy Bank is a bank or credit union with 4 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Grundy Bank'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 Grundy Bank treats applications, then get a rate quote from the lender.