Discover Bank in Illinois vs the state
53.2%Denial rate+36.09 pts vs state
76.4%Decision denial rate+54.71 pts vs state
15.8%Origination rate-42.94 pts vs state
8.87%Median rate+2.12 pts vs state
2.41Rate spread (pts)+2.03 pts vs state
$110kMedian applicant income
493Loans originated
1,660Denied
Trend in Illinois
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 8,608 | 1,271 | 47.8% | 9.74% | #6 |
| 2024 | 9,343 | 1,579 | 51.0% | 8.98% | #6 |
| 2025 | 3,120 | 493 | 53.2% | 8.87% | #29 |
What Discover Bank lends in Illinois
By loan purpose
By loan type
Why it denied Illinois applicants
Where in Illinois
Counties with the most Discover Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cook County | 1,125 | 159 | 604 | 53.7% |
| DuPage County | 297 | 54 | 144 | 48.5% |
| Will County | 297 | 56 | 150 | 50.5% |
| Lake County | 267 | 46 | 136 | 50.9% |
| Kane County | 178 | 24 | 77 | 43.3% |
| McHenry County | 117 | 25 | 63 | 53.8% |
| Winnebago County | 87 | 18 | 45 | 51.7% |
| Kendall County | 71 | 11 | 42 | 59.2% |
| St. Clair County | 55 | 7 | 30 | 54.5% |
| Madison County | 55 | 6 | 36 | 65.5% |
Other large lenders in Illinois
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Guaranteed Rate | B | 17,479 | 4.9% | 6.63% |
| Rocket Mortgage | C | 16,971 | 19.7% | 6.75% |
| United Shore Financial Services | B | 15,644 | 13.0% | 6.50% |
| JPMorgan Chase Bank | B | 13,574 | 9.7% | 6.49% |
| U.S. Bank | D | 10,076 | 38.3% | 7.00% |
| Crosscountry Mortgage | B | 8,779 | 4.5% | 6.75% |
| Fifth Third Bank | D | 8,628 | 32.1% | 7.50% |
| The Huntington National Bank | D | 8,226 | 31.9% | 6.99% |
| BMO Bank | F | 8,007 | 32.7% | 8.33% |
| Loandepot.Com | D | 7,019 | 17.7% | 6.88% |
Frequently asked questions
Illinois: 3,120 applications in 2025, of which 493 were originated and 1,660 denied.
53.2% of all applications, or 76.4% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.
The median rate on loans Discover Bank originated in Illinois in 2025 was 8.87%, against a statewide median of 6.75%.
About this data. Figures are Discover Bank'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