Better Mortgage in Illinois vs the state
26.1%Denial rate+8.98 pts vs state
46.4%Decision denial rate+24.69 pts vs state
29.0%Origination rate-29.72 pts vs state
7.75%Median rate+1.00 pts vs state
0.97Rate spread (pts)+0.59 pts vs state
$157kMedian applicant income
476Loans originated
428Denied
Trend in Illinois
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 461 | 175 | 5.4% | 6.25% | #120 |
| 2024 | 585 | 191 | 13.5% | 6.63% | #102 |
| 2025 | 1,640 | 476 | 26.1% | 7.75% | #56 |
What Better Mortgage lends in Illinois
By loan purpose
By loan type
Why it denied Illinois applicants
Where in Illinois
Counties with the most Better Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cook County | 823 | 224 | 229 | 27.8% |
| DuPage County | 175 | 55 | 35 | 20.0% |
| Will County | 131 | 44 | 19 | 14.5% |
| Lake County | 90 | 33 | 26 | 28.9% |
| Kane County | 75 | 24 | 22 | 29.3% |
| McHenry County | 44 | 14 | 11 | 25.0% |
| Kendall County | 34 | 8 | 10 | 29.4% |
| Winnebago County | 26 | 4 | 10 | 38.5% |
| St. Clair County | 25 | 7 | 11 | 44.0% |
| Madison County | 22 | 4 | 5 | 22.7% |
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: 1,640 applications in 2025, of which 476 were originated and 428 denied.
26.1% of all applications, or 46.4% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.
The median rate on loans Better Mortgage originated in Illinois in 2025 was 7.75%, against a statewide median of 6.75%.
About this data. Figures are Better Mortgage'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