Lender profile · HMDA 2023–2025
Midland States Bank mortgage approval rates & lending data
Midland States Bank decided 1,989 mortgage applications and funded 1,648 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval 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
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Illinois | 87% | $165K | 1,714 | 1,445 |
| Missouri | 79% | $175K | 199 | 154 |
| Florida | 73% | $405K | 15 | 11 |
| Indiana | 80% | $275K | 15 | 11 |
| Wisconsin | 100% | $125K | 8 | 6 |
| Texas | 100% | $365K | 4 | 4 |
| Alabama | 33% | $465K | 3 | 1 |
| Arkansas | 33% | $115K | 3 | 1 |
| Georgia | 33% | $385K | 3 | 1 |
| Michigan | 100% | $345K | 3 | 3 |
| North Carolina | 100% | $165K | 3 | 2 |
| Pennsylvania | 33% | $145K | 3 | 1 |
| California | 50% | $245K | 2 | 1 |
| Nevada | 50% | $315K | 2 | 1 |
| Oklahoma | 50% | $175K | 2 | 1 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.