Developer'S Mortgage · Illinois · 2025

Developer'S Mortgage in Illinois: approval rate, denial rate and rates (2025)

Developer'S Mortgage took 49 mortgage applications in Illinois in 2025, ranking #466 of 1,150 lenders active in the state. It originated 44.9% of them and denied 4.1% (7.7% of the applications it decided), against a statewide denial rate of 17.1%.

49Applicationsin IL
7.7%Decision denial ratestate 21.7%
7.31%Median ratestate 6.75%
$335,000Median loanstate $185,000
$6.7MVolume7 counties

Developer'S Mortgage in Illinois vs the state

4.1%Denial rate-13.04 pts vs state
7.7%Decision denial rate-13.99 pts vs state
44.9%Origination rate-13.84 pts vs state
7.31%Median rate+0.56 pts vs state
1.00Rate spread (pts)+0.62 pts vs state
$174kMedian applicant income
22Loans originated
2Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
202335215.7%7.50%#506
202473421.4%7.50%#388
202549224.1%7.31%#466

What Developer'S Mortgage lends in Illinois

By loan purpose

Home purchase 48 98% · 4.2% denied
Refinance 1 2% · 0.0% denied

By loan type

Conventional 46 94% · 4.4% denied
FHA 3 6% · 0.0% denied

Why it denied Illinois applicants

Credit history 1 50%
Debt-to-income ratio 1 50%

Where in Illinois

Counties with the most Developer'S Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
DuPage County 1891 5.6%
Kane County 1161 9.1%
Cook County 940 0.0%
Will County 710 0.0%
McHenry County 210 0.0%
Kendall County 110 0.0%
Lake County 100 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: 49 applications in 2025, of which 22 were originated and 2 denied.

4.1% of all applications, or 7.7% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Developer'S Mortgage originated in Illinois in 2025 was 7.31%, against a statewide median of 6.75%.

About this data. Figures are Developer'S 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