Citadel Servicing · Illinois · 2025

Citadel Servicing in Illinois: approval rate, denial rate and rates (2025)

Citadel Servicing took 271 mortgage applications in Illinois in 2025, ranking #207 of 1,150 lenders active in the state. It originated 54.2% of them and denied 4.1% (4.4% of the applications it decided), against a statewide denial rate of 17.1%.

271Applicationsin IL
4.4%Decision denial ratestate 21.7%
7.88%Median ratestate 6.75%
$245,000Median loanstate $185,000
$46MVolume14 counties

Citadel Servicing in Illinois vs the state

4.1%Denial rate-13.06 pts vs state
4.4%Decision denial rate-17.30 pts vs state
54.2%Origination rate-4.50 pts vs state
7.88%Median rate+1.13 pts vs state
1.58Rate spread (pts)+1.20 pts vs state
$122kMedian applicant income
147Loans originated
11Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232581357.8%9.25%#181
20243001525.7%9.13%#180
20252711474.1%7.88%#207

What Citadel Servicing lends in Illinois

By loan purpose

Home purchase 116 43% · 3.5% denied
Refinance 17 6% · 0.0% denied
Cash-out refinance 138 51% · 5.1% denied

By loan type

Conventional 271 100% · 4.1% denied

Why it denied Illinois applicants

Other 5 45%
Collateral 2 18%
Debt-to-income ratio 1 9%
Credit history 1 9%
Insufficient cash 1 9%
Unverifiable information 1 9%

Where in Illinois

Counties with the most Citadel Servicing applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cook County 1781055 2.8%
Lake County 2082 10.0%
Winnebago County 1960 0.0%
DuPage County 16102 12.5%
Will County 1561 6.7%
Kane County 1050 0.0%
Kendall County 320 0.0%
Kankakee County 200 0.0%
Champaign County 220 0.0%
Whiteside County 101 100.0%

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: 271 applications in 2025, of which 147 were originated and 11 denied.

4.1% of all applications, or 4.4% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Citadel Servicing originated in Illinois in 2025 was 7.88%, against a statewide median of 6.75%.

About this data. Figures are Citadel Servicing'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