Flagstar Bank in Illinois vs the state
37.0%Denial rate+19.88 pts vs state
44.8%Decision denial rate+23.13 pts vs state
43.7%Origination rate-15.01 pts vs state
6.63%Median rate-0.13 pts vs state
0.29Rate spread (pts)-0.10 pts vs state
$104kMedian applicant income
143Loans originated
121Denied
Trend in Illinois
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,512 | 884 | 23.1% | 7.13% | #48 |
| 2024 | 1,448 | 849 | 25.4% | 6.99% | #54 |
| 2025 | 327 | 143 | 37.0% | 6.63% | #180 |
What Flagstar Bank lends in Illinois
By loan purpose
By loan type
Why it denied Illinois applicants
Where in Illinois
Counties with the most Flagstar Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cook County | 153 | 72 | 56 | 36.6% |
| DuPage County | 33 | 13 | 14 | 42.4% |
| Will County | 30 | 15 | 9 | 30.0% |
| Lake County | 21 | 12 | 6 | 28.6% |
| Kane County | 9 | 2 | 6 | 66.7% |
| Madison County | 8 | 2 | 4 | 50.0% |
| McHenry County | 8 | 3 | 1 | 12.5% |
| St. Clair County | 7 | 4 | 2 | 28.6% |
| Williamson County | 7 | 3 | 3 | 42.9% |
| DeKalb County | 3 | 1 | 2 | 66.7% |
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: 327 applications in 2025, of which 143 were originated and 121 denied.
37.0% of all applications, or 44.8% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.
The median rate on loans Flagstar Bank originated in Illinois in 2025 was 6.63%, against a statewide median of 6.75%.
About this data. Figures are Flagstar 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