Envoy Mortgage · Illinois · 2025

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

Envoy Mortgage took 362 mortgage applications in Illinois in 2025, ranking #170 of 1,150 lenders active in the state. It originated 80.4% of them and denied 3.9% (4.6% of the applications it decided), against a statewide denial rate of 17.1%.

362Applicationsin IL
4.6%Decision denial ratestate 21.7%
6.88%Median ratestate 6.75%
$195,000Median loanstate $185,000
$63MVolume22 counties

Envoy Mortgage in Illinois vs the state

3.9%Denial rate-13.25 pts vs state
4.6%Decision denial rate-17.10 pts vs state
80.4%Origination rate+21.65 pts vs state
6.88%Median rate+0.13 pts vs state
0.56Rate spread (pts)+0.18 pts vs state
$92kMedian applicant income
291Loans originated
14Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233352673.3%6.63%#151
20242411992.1%7.00%#204
20253622913.9%6.88%#170

What Envoy Mortgage lends in Illinois

By loan purpose

Home purchase 338 93% · 2.7% denied
Refinance 17 5% · 17.7% denied
Cash-out refinance 7 2% · 28.6% denied

By loan type

Conventional 254 70% · 2.0% denied
FHA 79 22% · 6.3% denied
VA 29 8% · 13.8% denied

Why it denied Illinois applicants

Other 6 43%
Incomplete application 3 21%
Credit history 2 14%
Debt-to-income ratio 2 14%
Collateral 1 7%

Where in Illinois

Counties with the most Envoy Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Winnebago County 1981607 3.5%
Boone County 32222 6.3%
Cook County 31233 9.7%
Ogle County 26220 0.0%
Stephenson County 1391 7.7%
St. Clair County 13101 7.7%
Lee County 11100 0.0%
Madison County 430 0.0%
Monroe County 440 0.0%
DeKalb County 440 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: 362 applications in 2025, of which 291 were originated and 14 denied.

3.9% of all applications, or 4.6% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Envoy Mortgage originated in Illinois in 2025 was 6.88%, against a statewide median of 6.75%.

About this data. Figures are Envoy 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