Midland States Bank mortgage approval rate & lending review
Midland States Bank decided 1,989 mortgage applications and funded 1,648 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Midland States Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Midland States Bank at a glance
Approval is 2.8 points above the 83.0% 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 | 93% | 1,153 / 1,245 | 99% | $165K | 1,144 |
| Home improvement loans | 54% | 38 / 70 | 84% | $35K | 32 |
| Cash-out refinance | 48% | 42 / 87 | 100% | $135K | 42 |
| Refinance | 76% | 305 / 400 | 89% | $65K | 270 |
| Investment property purchase | 97% | 84 / 87 | 95% | $135K | 80 |
| Investment refinance | 85% | 69 / 81 | 94% | $105K | 65 |
Midland States Bank lending by state
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 Midland States Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Champaign County, IL | Mortgage lenders | 97% | 257 | 249 |
| Kankakee County, IL | Mortgage lenders | 95% | 223 | 210 |
| Winnebago County, IL | Mortgage lenders | 89% | 192 | 169 |
| Kankakee County, IL | Refinance | 81% | 101 | 73 |
| Winnebago County, IL | Refinance | 80% | 96 | 69 |
| Kane County, IL | Mortgage lenders | 89% | 75 | 66 |
| LaSalle County, IL | Mortgage lenders | 89% | 44 | 39 |
| Champaign County, IL | Investment property purchase | 100% | 23 | 22 |
| Will County, IL | Refinance | 77% | 31 | 21 |
| Winnebago County, IL | Investment property purchase | 90% | 21 | 17 |
| LaSalle County, IL | Refinance | 86% | 21 | 16 |
| Kankakee County, IL | Cash-out refinance | 58% | 24 | 14 |
The county markets where Midland States Bank made the most loans. Each link opens that market with every lender ranked.
Questions about Midland States Bank
What is Midland States Bank's mortgage approval rate?
Midland States Bank approved 85.8% of the 1,989 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 2.8 points above the 83.0% national rate for the same mix of loan types.
How often do borrowers take the loan Midland States Bank offers?
Borrowers accepted 97% of the loans Midland States 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 Midland States Bank make?
The typical home purchase mortgage loan Midland States Bank made was $165K; across all loan types its typical loan ran from $35K to $165K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Midland States Bank lend?
Midland States Bank decided applications in 24 of the states Fat Boy Data covers, most of them in Illinois, Missouri and Florida.
Can I apply to Midland States Bank directly?
Yes. Midland States Bank is a bank or credit union with 58 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Midland States 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 Midland States Bank treats applications, then get a rate quote from the lender.