Bayshore Mortgage Funding · Illinois · 2025

Bayshore Mortgage Funding in Illinois: approval rate, denial rate and rates (2025)

Bayshore Mortgage Funding took 25 mortgage applications in Illinois in 2025, ranking #563 of 1,150 lenders active in the state. It originated 76.0% of them and denied 8.0% (9.5% of the applications it decided), against a statewide denial rate of 17.1%.

25Applicationsin IL
9.5%Decision denial ratestate 21.7%
6.50%Median ratestate 6.75%
$325,000Median loanstate $185,000
$6.0MVolume5 counties

Bayshore Mortgage Funding in Illinois vs the state

8.0%Denial rate-9.12 pts vs state
9.5%Decision denial rate-12.16 pts vs state
76.0%Origination rate+17.26 pts vs state
6.50%Median rate-0.25 pts vs state
0.42Rate spread (pts)+0.04 pts vs state
$121kMedian applicant income
19Loans originated
2Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
202314514.3%6.88%#642
202449324.1%7.13%#451
202525198.0%6.50%#563

What Bayshore Mortgage Funding lends in Illinois

By loan purpose

Home purchase 16 64% · 6.3% denied
Refinance 3 12% · 0.0% denied
Cash-out refinance 6 24% · 16.7% denied

By loan type

Conventional 20 80% · 10.0% denied
FHA 5 20% · 0.0% denied

Why it denied Illinois applicants

Debt-to-income ratio 2 100%

Where in Illinois

Counties with the most Bayshore Mortgage Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cook County 14110 0.0%
Will County 431 25.0%
DuPage County 321 33.3%
Lake County 320 0.0%
Clinton 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: 25 applications in 2025, of which 19 were originated and 2 denied.

8.0% of all applications, or 9.5% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Bayshore Mortgage Funding originated in Illinois in 2025 was 6.50%, against a statewide median of 6.75%.

About this data. Figures are Bayshore Mortgage Funding'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