Morton Community Bank mortgage approval rate & lending review
Morton Community Bank decided 2,608 mortgage applications and funded 2,356 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Morton Community Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Morton Community Bank at a glance
Approval is 12.8 points above the 79.2% 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% | 956 / 1,030 | 98% | $155K | 935 |
| Home improvement loans | 86% | 502 / 584 | 98% | $55K | 494 |
| Cash-out refinance | 79% | 22 / 28 | 95% | $105K | 21 |
| Refinance | 92% | 430 / 467 | 98% | $75K | 423 |
| Investment property purchase | 98% | 407 / 415 | 99% | $95K | 403 |
| Investment refinance | 100% | 48 / 48 | 100% | $105K | 48 |
| Investment home improvement | 94% | 31 / 33 | 97% | $85K | 30 |
Morton Community Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Illinois | 92% | $95K | 2,527 | 2,276 |
| Florida | 100% | $355K | 29 | 29 |
| Iowa | 100% | $125K | 21 | 21 |
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 Morton Community Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Tazewell County, IL | Mortgage lenders | 92% | 372 | 335 |
| Tazewell County, IL | Home improvement loans | 86% | 237 | 200 |
| Peoria County, IL | Mortgage lenders | 90% | 202 | 178 |
| Tazewell County, IL | Refinance | 89% | 196 | 172 |
| Sangamon County, IL | Mortgage lenders | 95% | 179 | 166 |
| McLean County, IL | Mortgage lenders | 96% | 158 | 147 |
| Peoria County, IL | Home improvement loans | 84% | 139 | 116 |
| Tazewell County, IL | Investment property purchase | 98% | 115 | 113 |
| Peoria County, IL | Investment property purchase | 96% | 113 | 107 |
| Sangamon County, IL | Home improvement loans | 85% | 114 | 95 |
| Sangamon County, IL | Refinance | 96% | 100 | 94 |
| Peoria County, IL | Refinance | 92% | 90 | 82 |
The county markets where Morton Community Bank made the most loans. Each link opens that market with every lender ranked.
Questions about Morton Community Bank
What is Morton Community Bank's mortgage approval rate?
Morton Community Bank approved 91.9% of the 2,608 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 12.8 points above the 79.2% national rate for the same mix of loan types.
How often do borrowers take the loan Morton Community Bank offers?
Borrowers accepted 98% of the loans Morton Community 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 Morton Community Bank make?
The typical home purchase mortgage loan Morton Community Bank made was $155K; across all loan types its typical loan ran from $55K to $155K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Morton Community Bank lend?
Morton Community Bank decided applications in 11 of the states Fat Boy Data covers, most of them in Illinois, Florida and Iowa.
Can I apply to Morton Community Bank directly?
Yes. Morton Community Bank is a bank or credit union with 49 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Morton Community 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 Morton Community Bank treats applications, then get a rate quote from the lender.