# NORTHWEST BANK OF ROCKFORD

> **Canonical URL:** https://saferate.com/lenders/northwest-bank-of-rockford

> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible

NORTHWEST BANK OF ROCKFORD is a bank, headquartered in ROCKFORD, IL, serving borrowers across 4 states, with 139 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 32% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 47% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 2138007DQF1WY8NDYM18
- **Headquarters:** ROCKFORD, IL
- **Geographic Reach:** Regional
- **States Served:** 4
- **State List:** AL, FL, IA, IL
- **Markets (MSAs):** 2
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 68/100
- Rating: ●●●●○ (4/5)

### Pull Through: Sound ☺️
- Score: 53/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** +0.285%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,181
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 139
- **Dollar Volume:** $30 million
- **Applications Received:** 182
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $213,561
- **Average Borrower Income:** $136,727

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (64%)
- ⭐ **Purchase Gold Superstar** (64%)
- ⭐ **Refinance Gold Superstar** (64%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 52/100 | 129 | +0.280% | $1,192 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 100 loans, Score: 50/100 (Sound)
- Refinance: 29 loans, Score: 52/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 50/100 | 108 | $24M | +0.319% | Sound ☺️ |
| Refinance | 52/100 | 31 | $6M | +0.167% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| IL | 134 | 0.11% | 72/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Rockford, IL | IL | 93 | 83/100 |
| Non |  | 34 | 43/100 |

## Frequently Asked Questions

### What loan types does NORTHWEST BANK OF ROCKFORD offer?

NORTHWEST BANK OF ROCKFORD offers the following mortgage loan types: Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does NORTHWEST BANK OF ROCKFORD offer mortgages?

NORTHWEST BANK OF ROCKFORD offers mortgages in 4 states: AL, FL, IA, IL.

### How competitive are NORTHWEST BANK OF ROCKFORD's mortgage rates?

NORTHWEST BANK OF ROCKFORD has a pricing score of 68/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.285% above market average.

### What type of lender is NORTHWEST BANK OF ROCKFORD?

NORTHWEST BANK OF ROCKFORD is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in ROCKFORD, IL.

### What is NORTHWEST BANK OF ROCKFORD's loan approval success rate?

NORTHWEST BANK OF ROCKFORD has a pull-through score of 53/100 (Sound). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-05-29
**Canonical URL:** https://saferate.com/lenders/northwest-bank-of-rockford

### How to Cite

> "NORTHWEST BANK OF ROCKFORD Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/northwest-bank-of-rockford

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