American Financing in Illinois vs the state
47.0%Denial rate+29.86 pts vs state
62.3%Decision denial rate+40.62 pts vs state
19.6%Origination rate-39.18 pts vs state
6.25%Median rate-0.50 pts vs state
0.39Rate spread (pts)+0.01 pts vs state
$88kMedian applicant income
97Loans originated
233Denied
Trend in Illinois
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 201 | 28 | 48.8% | 6.56% | #222 |
| 2024 | 433 | 51 | 60.7% | 6.25% | #134 |
| 2025 | 496 | 97 | 47.0% | 6.25% | #126 |
What American Financing lends in Illinois
By loan purpose
By loan type
Why it denied Illinois applicants
Where in Illinois
Counties with the most American Financing applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cook County | 133 | 16 | 66 | 49.6% |
| Will County | 36 | 8 | 16 | 44.4% |
| DuPage County | 30 | 5 | 14 | 46.7% |
| Kane County | 23 | 5 | 9 | 39.1% |
| Lake County | 19 | 4 | 6 | 31.6% |
| Madison County | 19 | 7 | 8 | 42.1% |
| Winnebago County | 19 | 6 | 9 | 47.4% |
| McHenry County | 18 | 2 | 13 | 72.2% |
| Tazewell County | 15 | 1 | 8 | 53.3% |
| St. Clair County | 13 | 3 | 6 | 46.2% |
Other large lenders in Illinois
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Guaranteed Rate | B | 17,479 | 4.9% | 6.63% |
| Rocket Mortgage | C | 16,971 | 19.7% | 6.75% |
| United Shore Financial Services | B | 15,644 | 13.0% | 6.50% |
| JPMorgan Chase Bank | B | 13,574 | 9.7% | 6.49% |
| U.S. Bank | D | 10,076 | 38.3% | 7.00% |
| Crosscountry Mortgage | B | 8,779 | 4.5% | 6.75% |
| Fifth Third Bank | D | 8,628 | 32.1% | 7.50% |
| The Huntington National Bank | D | 8,226 | 31.9% | 6.99% |
| BMO Bank | F | 8,007 | 32.7% | 8.33% |
| Loandepot.Com | D | 7,019 | 17.7% | 6.88% |
Frequently asked questions
Illinois: 496 applications in 2025, of which 97 were originated and 233 denied.
47.0% of all applications, or 62.3% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.
The median rate on loans American Financing originated in Illinois in 2025 was 6.25%, against a statewide median of 6.75%.
About this data. Figures are American Financing's own HMDA filing for properties located in Illinois, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology