Champions Funding · Illinois · 2025

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

Champions Funding took 379 mortgage applications in Illinois in 2025, ranking #155 of 1,150 lenders active in the state. It originated 59.4% of them and denied 19.8% (25.0% of the applications it decided), against a statewide denial rate of 17.1%.

379Applicationsin IL
25.0%Decision denial ratestate 21.7%
7.75%Median ratestate 6.75%
$255,000Median loanstate $185,000
$79MVolume26 counties

Champions Funding in Illinois vs the state

19.8%Denial rate+2.67 pts vs state
25.0%Decision denial rate+3.32 pts vs state
59.4%Origination rate+0.63 pts vs state
7.75%Median rate+1.00 pts vs state
2.37Rate spread (pts)+1.99 pts vs state
$121kMedian applicant income
225Loans originated
75Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023471566.0%9.88%#469
20241185620.3%9.00%#309
202537922519.8%7.75%#155

What Champions Funding lends in Illinois

By loan purpose

Home purchase 211 56% · 17.1% denied
Refinance 25 7% · 8.0% denied
Cash-out refinance 143 38% · 25.9% denied

By loan type

Conventional 379 100% · 19.8% denied

Why it denied Illinois applicants

Incomplete application 32 43%
Other 22 29%
Collateral 8 11%
Credit history 4 5%
Insufficient cash 4 5%
Debt-to-income ratio 2 3%
Unverifiable information 2 3%
Employment history 1 1%

Where in Illinois

Counties with the most Champions Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cook County 26215351 19.5%
Lake County 27194 14.8%
DuPage County 1995 26.3%
Will County 17114 23.5%
Kane County 971 11.1%
Winnebago County 734 57.1%
Kendall County 641 16.7%
Kankakee County 541 20.0%
McHenry County 431 25.0%
St. Clair County 320 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: 379 applications in 2025, of which 225 were originated and 75 denied.

19.8% of all applications, or 25.0% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Champions Funding originated in Illinois in 2025 was 7.75%, against a statewide median of 6.75%.

About this data. Figures are Champions 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