Arc Home · Illinois · 2025

Arc Home in Illinois: approval rate, denial rate and rates (2025)

Arc Home took 57 mortgage applications in Illinois in 2025, ranking #437 of 1,150 lenders active in the state. It originated 63.2% of them and denied 15.8% (19.6% of the applications it decided), against a statewide denial rate of 17.1%.

57Applicationsin IL
19.6%Decision denial ratestate 21.7%
7.50%Median ratestate 6.75%
$305,000Median loanstate $185,000
$17MVolume9 counties

Arc Home in Illinois vs the state

15.8%Denial rate-1.33 pts vs state
19.6%Decision denial rate-2.11 pts vs state
63.2%Origination rate+4.42 pts vs state
7.50%Median rate+0.75 pts vs state
1.26Rate spread (pts)+0.88 pts vs state
$182kMedian applicant income
36Loans originated
9Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023833721.7%7.88%#364
2024532424.5%7.63%#440
2025573615.8%7.50%#437

What Arc Home lends in Illinois

By loan purpose

Home purchase 29 51% · 10.3% denied
Refinance 3 5% · 0.0% denied
Cash-out refinance 25 44% · 24.0% denied

By loan type

Conventional 57 100% · 15.8% denied

Why it denied Illinois applicants

Debt-to-income ratio 3 33%
Collateral 2 22%
Incomplete application 1 11%
Other 1 11%
Unverifiable information 1 11%
Employment history 1 11%

Where in Illinois

Counties with the most Arc Home applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cook County 36215 13.9%
Will County 640 0.0%
Lake County 422 50.0%
Jo Daviess County 330 0.0%
DuPage County 330 0.0%
McHenry County 211 50.0%
Kendall County 110 0.0%
Madison County 101 100.0%
McLean County 110 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: 57 applications in 2025, of which 36 were originated and 9 denied.

15.8% of all applications, or 19.6% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Arc Home originated in Illinois in 2025 was 7.50%, against a statewide median of 6.75%.

About this data. Figures are Arc Home'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