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American Commercial Bank & Trust, National Association

Ottawa, IL

American Commercial Bank & Trust, National Association processed 246 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 200 loans with a 2.9% denial rate. Home Purchase was the primary loan purpose. Based in Ottawa, IL. The approval rate of 81.3% reflects originated loans as a share of all applications.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% - HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. American Commercial Bank & Trust, National Association's 81.3% origination rate tells you how often an application turned into funded money; the 2.9% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Collateral, Other, Debt-to-income ratio, which together explain the majority of rejections. Most activity concentrated in Conventional loans (241 applications).

How to read this page. These figures are aggregate HMDA disclosures, they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting, it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

246
Applications
200
Originated
2.9%
Denial Rate
$417,358
Avg Loan Amount
Avg Interest Rate: 6.818% Avg Applicant Income: $33,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 241 195 7 $423,838
USDA 5 5 0 $105,000

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for American Commercial Bank & Trust, National Association (LEI: 549300DL7AWRPX6NXO12) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Collateral
4
Other
3
Debt-to-income ratio
2
Insufficient cash
1
Credit history
1
Employment history
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 181 143 $458,757
Refinancing 37 33 $355,541
Cash-out Refinancing 23 20 $224,565
Other 3 3 $75,000
Home Improvement 2 1 $545,000

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 167 83.8% 3.0%
Asian * 6 66.7% 16.7%
Joint * 4 100.0% 0.0%
Black or African American * 3 66.7% 0.0%
American Indian or Alaska Native * 1 100.0% 0.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 168 83.3% 3.0%
Hispanic or Latino * 14 64.3% 7.1%
Joint * 9 88.9% 11.1%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Nearby Lenders in IL

Other HMDA-reporting lenders in IL with similar activity. Compare any two side-by-side.

Guaranteed Rate, INC.

CHICAGO, IL

124,492 apps 62,820 originated 5.1% denied

BMO Harris Bank NA

Chicago, IL

42,165 apps 18,166 originated 29.4% denied

Mutual of Omaha Mortgage

Lombard, IL

34,393 apps 19,951 originated 20.2% denied

Guaranteed Rate Affinity, LLC

CHICAGO, IL

21,826 apps 14,587 originated 6.0% denied

The Federal Savings Bank

CHICAGO, IL

20,656 apps 8,146 originated 9.3% denied
Compare American Commercial Bank & Trust, National Association vs Guaranteed Rate, INC. →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did American Commercial Bank & Trust, National Association process?
American Commercial Bank & Trust, National Association processed 246 mortgage applications in the 2024 HMDA reporting year. Of these, 200 were originated (approved and funded), 37 were withdrawn by the applicant, and 7 were denied.
What is American Commercial Bank & Trust, National Association's mortgage approval rate?
American Commercial Bank & Trust, National Association has an approval (origination) rate of 81.3%, meaning 81.3% of all applications resulted in a funded mortgage. The denial rate is 2.9%.
What is the average loan amount at American Commercial Bank & Trust, National Association?
The average mortgage loan amount at American Commercial Bank & Trust, National Association is $417,358. The average interest rate is 6.818%. The average applicant income is $33,000.
What are the most common reasons for mortgage denial at American Commercial Bank & Trust, National Association?
The most common reasons for mortgage denial at American Commercial Bank & Trust, National Association are: Collateral, Other, Debt-to-income ratio. In total, 7 applications were denied out of 246 total applications.
What types of mortgage loans does American Commercial Bank & Trust, National Association offer?
American Commercial Bank & Trust, National Association processes Conventional, USDA loans. The most common type is Conventional with 241 applications and an average loan amount of $423,838.
What loan purposes does American Commercial Bank & Trust, National Association serve?
American Commercial Bank & Trust, National Association serves the following loan purposes: Home Purchase (181 applications), Refinancing (37 applications), Cash-out Refinancing (23 applications), Other (3 applications), Home Improvement (2 applications). Home Purchase is the most common purpose.
Where is American Commercial Bank & Trust, National Association located?
American Commercial Bank & Trust, National Association is headquartered in Ottawa, IL. The lender is identified by LEI 549300DL7AWRPX6NXO12 in HMDA data.
How does American Commercial Bank & Trust, National Association compare in lending across racial demographics?
American Commercial Bank & Trust, National Association reports demographic lending data under HMDA requirements. White applicants have an approval rate of 83.8% and denial rate of 3.0%; Asian applicants have an approval rate of 66.7% and denial rate of 16.7%; Joint applicants have an approval rate of 100.0% and denial rate of 0.0%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.