HomeIllinoisWinnebago CountyInvestment cash-out refinance
investment property cash-out lenders · HMDA 2023–2025

Investment property cash-out lenders in Winnebago County, Illinois

Fat Boy Data analyzed investment cash-out refinance activity in Winnebago County, Illinois to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 609 applications were decided by 93 lenders between 2023 and 2025.

Winnebago County at a glance

93Active lenders6 with 20+ decisions
77.7%Market approval rate473 of 609 decided
$95KTypical loanmedian lender, $10K brackets
92%Borrower take-up436 loans funded

How Winnebago County compares

Approval rate compared
Winnebago County77.7%Illinois73.9%All 616 counties73.1%
Typical loan compared
Winnebago County$95KIllinois$185KAll 616 counties$205K

What the data shows

Bpl Mortgage, LLC made the most investment cash-out refinances in Winnebago County, IL, 106 of them.

Northwest Bank of Rockford approved the highest share of applications among lenders with at least 20 decisions here, 90% of 30.

The typical investment cash-out refinance here is $95K, 49% smaller than the Illinois typical of $185K.

Approval rate of all 6 lenders with 20+ decisions here
0%25%50%75%100%Lendingone, LLC: 48% approved of 23Homexpress Mortgage Corp.: 55% approved of 31United Wholesale Mortgage, LLC: 79% approved of 47Bpl Mortgage, LLC: 86% approved of 133GREENSTATE Credit Union: 88% approved of 43Northwest Bank of Rockford: 90% approved of 30

Each dot is one lender, placed at its approval rate. Hover for the name and sample size.

Investment property cash-out lenders in Winnebago County

LenderApprovalApprovedTaken upTypical loanLoans made
1Bpl Mortgage, LLC86%114 / 13393%$85K106
2United Wholesale Mortgage, LLCBroker only79%37 / 4797%$85K36
3GREENSTATE Credit Union88%38 / 4397%$95K37
4Homexpress Mortgage Corp.Broker only55%17 / 31100%$125K17
5Northwest Bank of Rockford90%27 / 3093%$115K25

Ranked by lending volume. Approval is the share of decided applications a lender approved; taken up is the share of approvals the borrower accepted. Lenders with fewer than 20 decisions are marked as a limited sample and are never used for a “highest approval” claim. How these numbers are built.

Fat Boy found 88 more lenders.

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