Clearedge Lending in Illinois vs the state
23.6%Denial rate+6.52 pts vs state
31.7%Decision denial rate+10.03 pts vs state
47.3%Origination rate-11.47 pts vs state
7.63%Median rate+0.88 pts vs state
1.25Rate spread (pts)+0.87 pts vs state
$176kMedian applicant income
26Loans originated
13Denied
Trend in Illinois
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 75 | 34 | 40.0% | 9.31% | #382 |
| 2024 | 49 | 30 | 30.6% | 8.44% | #450 |
| 2025 | 55 | 26 | 23.6% | 7.63% | #443 |
What Clearedge Lending lends in Illinois
By loan purpose
By loan type
Why it denied Illinois applicants
Where in Illinois
Counties with the most Clearedge Lending applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cook County | 34 | 16 | 8 | 23.5% |
| Will County | 7 | 4 | 0 | 0.0% |
| DuPage County | 4 | 1 | 2 | 50.0% |
| Lake County | 2 | 2 | 0 | 0.0% |
| Madison County | 2 | 2 | 0 | 0.0% |
| Peoria County | 1 | 1 | 0 | 0.0% |
| St. Clair County | 1 | 0 | 0 | 0.0% |
| Jersey County | 1 | 0 | 1 | 100.0% |
| McHenry County | 1 | 0 | 0 | 0.0% |
| Kendall County | 1 | 0 | 1 | 100.0% |
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: 55 applications in 2025, of which 26 were originated and 13 denied.
23.6% of all applications, or 31.7% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.
The median rate on loans Clearedge Lending originated in Illinois in 2025 was 7.63%, against a statewide median of 6.75%.
About this data. Figures are Clearedge Lending'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