Conventus · Illinois · 2025

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

Conventus took 35 mortgage applications in Illinois in 2025, ranking #513 of 1,150 lenders active in the state. It originated 82.9% of them and denied 2.9% (3.3% of the applications it decided), against a statewide denial rate of 17.1%.

35Applicationsin IL
3.3%Decision denial ratestate 21.7%
9.50%Median ratestate 6.75%
$1,275,000Median loanstate $185,000
$36MVolume4 counties

Conventus in Illinois vs the state

2.9%Denial rate-14.26 pts vs state
3.3%Decision denial rate-18.35 pts vs state
82.9%Origination rate+24.12 pts vs state
9.50%Median rate+2.75 pts vs state
Rate spread (pts)
Median applicant income
29Loans originated
1Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
202331190.0%10.75%#526
202435260.0%10.00%#505
202535292.9%9.50%#513

What Conventus lends in Illinois

By loan purpose

Home purchase 25 71% · 0.0% denied
Refinance 5 14% · 0.0% denied
Cash-out refinance 5 14% · 20.0% denied

By loan type

Conventional 35 100% · 2.9% denied

Why it denied Illinois applicants

Other 1 100%

Where in Illinois

Counties with the most Conventus applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cook County 32270 0.0%
DuPage County 110 0.0%
Peoria County 101 100.0%
Lake County 110 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: 35 applications in 2025, of which 29 were originated and 1 denied.

2.9% of all applications, or 3.3% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Conventus originated in Illinois in 2025 was 9.50%, against a statewide median of 6.75%.

About this data. Figures are Conventus'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