Compass Mortgage · Illinois · 2025

Compass Mortgage in Illinois: approval rate, denial rate and rates (2025)

Compass Mortgage took 1,456 mortgage applications in Illinois in 2025, ranking #61 of 1,150 lenders active in the state. It originated 81.4% of them and denied 2.0% (2.4% of the applications it decided), against a statewide denial rate of 17.1%.

1.5kApplicationsin IL
2.4%Decision denial ratestate 21.7%
6.75%Median ratestate 6.75%
$295,000Median loanstate $185,000
$387MVolume40 counties

Compass Mortgage in Illinois vs the state

2.0%Denial rate-15.13 pts vs state
2.4%Decision denial rate-19.30 pts vs state
81.4%Origination rate+22.65 pts vs state
6.75%Median rate0.00 pts vs state
0.43Rate spread (pts)+0.05 pts vs state
$121kMedian applicant income
1,185Loans originated
29Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,5531,1674.4%6.88%#46
20241,1919773.1%6.88%#64
20251,4561,1852.0%6.75%#61

What Compass Mortgage lends in Illinois

By loan purpose

Home purchase 1,163 80% · 2.1% denied
Refinance 293 20% · 1.7% denied

By loan type

Conventional 1,141 78% · 1.5% denied
FHA 258 18% · 4.7% denied
VA 51 4% · 0.0% denied
USDA / RHS 6 0% · 0.0% denied

Why it denied Illinois applicants

Debt-to-income ratio 11 38%
Collateral 9 31%
Credit history 5 17%
Other 2 7%
Unverifiable information 1 3%
Employment history 1 3%

Where in Illinois

Counties with the most Compass Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
DuPage County 4023384 1.0%
Cook County 31623411 3.5%
Kane County 1641342 1.2%
Will County 1571343 1.9%
Kendall County 68590 0.0%
DeKalb County 63560 0.0%
McHenry County 44380 0.0%
Lake County 42361 2.4%
McLean County 41301 2.4%
Peoria County 18180 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: 1,456 applications in 2025, of which 1,185 were originated and 29 denied.

2.0% of all applications, or 2.4% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Compass Mortgage originated in Illinois in 2025 was 6.75%, against a statewide median of 6.75%.

About this data. Figures are Compass 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