Delmar Financial · Illinois · 2025

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

Delmar Financial took 850 mortgage applications in Illinois in 2025, ranking #87 of 1,150 lenders active in the state. It originated 75.1% of them and denied 2.1% (2.4% of the applications it decided), against a statewide denial rate of 17.1%.

850Applicationsin IL
2.4%Decision denial ratestate 21.7%
6.63%Median ratestate 6.75%
$205,000Median loanstate $185,000
$158MVolume33 counties

Delmar Financial in Illinois vs the state

2.1%Denial rate-15.00 pts vs state
2.4%Decision denial rate-19.26 pts vs state
75.1%Origination rate+16.32 pts vs state
6.63%Median rate-0.13 pts vs state
0.40Rate spread (pts)+0.02 pts vs state
$90kMedian applicant income
638Loans originated
18Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235694193.7%6.88%#99
20247666161.6%6.75%#89
20258506382.1%6.63%#87

What Delmar Financial lends in Illinois

By loan purpose

Home purchase 709 83% · 2.4% denied
Refinance 110 13% · 0.9% denied
Cash-out refinance 31 4% · 0.0% denied

By loan type

Conventional 453 53% · 1.6% denied
FHA 199 23% · 3.5% denied
VA 184 22% · 2.2% denied
USDA / RHS 14 2% · 0.0% denied

Why it denied Illinois applicants

Other 8 44%
Debt-to-income ratio 8 44%
Collateral 1 6%
Unverifiable information 1 6%

Where in Illinois

Counties with the most Delmar Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
St. Clair County 41231312 2.9%
Madison County 2031434 2.0%
Marion County 55420 0.0%
Clinton County 39340 0.0%
Jefferson County 25140 0.0%
Monroe County 17130 0.0%
Macoupin County 15110 0.0%
Washington County 13121 7.7%
Cook County 1170 0.0%
Adams County 1070 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: 850 applications in 2025, of which 638 were originated and 18 denied.

2.1% 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 Delmar Financial originated in Illinois in 2025 was 6.63%, against a statewide median of 6.75%.

About this data. Figures are Delmar Financial'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