Northwest Bank of Rockford mortgage approval rate & lending review
Northwest Bank of Rockford decided 354 mortgage applications and funded 309 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Northwest Bank of Rockford reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Northwest Bank of Rockford at a glance
Approval is 10.9 points above the 81.2% 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 | 98% | 162 / 166 | 94% | $175K | 153 |
| Cash-out refinance | 81% | 43 / 53 | 88% | $125K | 38 |
| Refinance | 86% | 31 / 36 | 97% | $85K | 30 |
| Investment property purchase | 92% | 37 / 40 | 100% | $85K | 37 |
| Investment cash-out refinance | 90% | 27 / 30 | 93% | $115K | 25 |
Northwest Bank of Rockford lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Illinois | 92% | $175K | 339 | 295 |
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 Northwest Bank of Rockford lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Winnebago County, IL | Mortgage lenders | 97% | 152 | 140 |
| Winnebago County, IL | Investment property purchase | 92% | 36 | 33 |
| Winnebago County, IL | Cash-out refinance | 78% | 45 | 31 |
| Winnebago County, IL | Refinance | 84% | 31 | 25 |
| Winnebago County, IL | Investment cash-out refinance | 90% | 30 | 25 |
The county markets where Northwest Bank of Rockford made the most loans. Each link opens that market with every lender ranked.
Questions about Northwest Bank of Rockford
What is Northwest Bank of Rockford's mortgage approval rate?
Northwest Bank of Rockford approved 92.1% of the 354 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 10.9 points above the 81.2% national rate for the same mix of loan types.
How often do borrowers take the loan Northwest Bank of Rockford offers?
Borrowers accepted 95% of the loans Northwest Bank of Rockford 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 Northwest Bank of Rockford make?
The typical home purchase mortgage loan Northwest Bank of Rockford made was $175K; across all loan types its typical loan ran from $85K to $175K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Northwest Bank of Rockford lend?
Northwest Bank of Rockford decided applications in 7 of the states Fat Boy Data covers, most of them in Illinois, Florida and Wisconsin.
Can I apply to Northwest Bank of Rockford directly?
Yes. Northwest Bank of Rockford reports as a direct lender that takes applications from borrowers.
Does this page show Northwest Bank of Rockford'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 Northwest Bank of Rockford treats applications, then get a rate quote from the lender.