Commerce Home Mortgage in Illinois vs the state
16.3%Denial rate-0.84 pts vs state
24.8%Decision denial rate+3.10 pts vs state
49.4%Origination rate-9.32 pts vs state
7.88%Median rate+1.13 pts vs state
1.59Rate spread (pts)+1.21 pts vs state
$171kMedian applicant income
85Loans originated
28Denied
Trend in Illinois
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 153 | 71 | 17.0% | 8.83% | #266 |
| 2024 | 65 | 34 | 16.9% | 8.38% | #407 |
| 2025 | 172 | 85 | 16.3% | 7.88% | #267 |
What Commerce Home Mortgage lends in Illinois
By loan purpose
By loan type
Why it denied Illinois applicants
Where in Illinois
Counties with the most Commerce Home Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cook County | 97 | 43 | 20 | 20.6% |
| DuPage County | 22 | 11 | 3 | 13.6% |
| Lake County | 17 | 11 | 0 | 0.0% |
| Kane County | 8 | 5 | 1 | 12.5% |
| Winnebago County | 7 | 3 | 4 | 57.1% |
| Will County | 6 | 4 | 0 | 0.0% |
| Kendall County | 3 | 1 | 0 | 0.0% |
| McHenry County | 3 | 1 | 0 | 0.0% |
| Sangamon County | 2 | 2 | 0 | 0.0% |
| Adams County | 2 | 2 | 0 | 0.0% |
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: 172 applications in 2025, of which 85 were originated and 28 denied.
16.3% of all applications, or 24.8% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.
The median rate on loans Commerce Home Mortgage originated in Illinois in 2025 was 7.88%, against a statewide median of 6.75%.
About this data. Figures are Commerce Home 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