Deephaven Mortgage · Illinois · 2025

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

Deephaven Mortgage took 393 mortgage applications in Illinois in 2025, ranking #153 of 1,150 lenders active in the state. It originated 52.2% of them and denied 32.3% (36.5% of the applications it decided), against a statewide denial rate of 17.1%.

393Applicationsin IL
36.5%Decision denial ratestate 21.7%
7.63%Median ratestate 6.75%
$205,000Median loanstate $185,000
$56MVolume25 counties

Deephaven Mortgage in Illinois vs the state

32.3%Denial rate+15.20 pts vs state
36.5%Decision denial rate+14.81 pts vs state
52.2%Origination rate-6.58 pts vs state
7.63%Median rate+0.88 pts vs state
1.75Rate spread (pts)+1.37 pts vs state
$165kMedian applicant income
205Loans originated
127Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231387237.7%8.75%#279
202425712439.3%7.99%#196
202539320532.3%7.63%#153

What Deephaven Mortgage lends in Illinois

By loan purpose

Home purchase 156 40% · 28.2% denied
Refinance 46 12% · 37.0% denied
Cash-out refinance 73 19% · 26.0% denied
Home improvement 76 19% · 32.9% denied
Other / HELOC 42 11% · 52.4% denied

By loan type

Conventional 393 100% · 32.3% denied

Why it denied Illinois applicants

Unverifiable information 73 57%
Collateral 24 19%
Incomplete application 9 7%
Other 7 6%
Credit history 7 6%
Debt-to-income ratio 7 6%

Where in Illinois

Counties with the most Deephaven Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cook County 22311875 33.6%
Will County 29179 31.0%
Lake County 281610 35.7%
Kankakee County 2539 36.0%
DuPage County 16104 25.0%
Kane County 1264 33.3%
McHenry County 1172 18.2%
Winnebago County 944 44.4%
Champaign County 641 16.7%
Sangamon County 513 60.0%

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: 393 applications in 2025, of which 205 were originated and 127 denied.

32.3% of all applications, or 36.5% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Deephaven Mortgage originated in Illinois in 2025 was 7.63%, against a statewide median of 6.75%.

About this data. Figures are Deephaven 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