American Heritage Lending · Illinois · 2025

American Heritage Lending in Illinois: approval rate, denial rate and rates (2025)

American Heritage Lending took 268 mortgage applications in Illinois in 2025, ranking #209 of 1,150 lenders active in the state. It originated 42.5% of them and denied 7.8% (11.8% of the applications it decided), against a statewide denial rate of 17.1%.

268Applicationsin IL
11.8%Decision denial ratestate 21.7%
7.50%Median ratestate 6.75%
$175,000Median loanstate $185,000
$27MVolume20 counties

American Heritage Lending in Illinois vs the state

7.8%Denial rate-9.28 pts vs state
11.8%Decision denial rate-9.88 pts vs state
42.5%Origination rate-16.20 pts vs state
7.50%Median rate+0.75 pts vs state
1.53Rate spread (pts)+1.15 pts vs state
$155kMedian applicant income
114Loans originated
21Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231577011.5%10.18%#262
20242191148.7%8.25%#216
20252681147.8%7.50%#209

What American Heritage Lending lends in Illinois

By loan purpose

Home purchase 89 33% · 12.4% denied
Refinance 37 14% · 2.7% denied
Cash-out refinance 142 53% · 6.3% denied

By loan type

Conventional 268 100% · 7.8% denied

Why it denied Illinois applicants

Other 12 57%
Collateral 5 24%
Credit history 2 10%
Insufficient cash 1 5%
Debt-to-income ratio 1 5%

Where in Illinois

Counties with the most American Heritage Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cook County 1455314 9.7%
Champaign County 2310 0.0%
Winnebago County 17141 5.9%
Lake County 1490 0.0%
Madison County 13101 7.7%
Kane County 1360 0.0%
Will County 1051 10.0%
DuPage County 1060 0.0%
St. Clair County 510 0.0%
McHenry County 330 0.0%

Other large lenders in Illinois

LenderGradeApplicationsDenial rateMedian rate
Guaranteed RateB 17,4794.9%6.63%
Rocket MortgageC 16,97119.7%6.75%
United Shore Financial ServicesB 15,64413.0%6.50%
JPMorgan Chase BankB 13,5749.7%6.49%
U.S. BankD 10,07638.3%7.00%
Crosscountry MortgageB 8,7794.5%6.75%
Fifth Third BankD 8,62832.1%7.50%
The Huntington National BankD 8,22631.9%6.99%
BMO BankF 8,00732.7%8.33%
Loandepot.ComD 7,01917.7%6.88%

Frequently asked questions

Illinois: 268 applications in 2025, of which 114 were originated and 21 denied.

7.8% of all applications, or 11.8% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans American Heritage Lending originated in Illinois in 2025 was 7.50%, against a statewide median of 6.75%.

About this data. Figures are American Heritage Lending'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