FlexPoint · Illinois · 2025

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

FlexPoint took 63 mortgage applications in Illinois in 2025, ranking #425 of 1,150 lenders active in the state. It originated 41.3% of them and denied 6.4% (9.1% of the applications it decided), against a statewide denial rate of 17.1%.

63Applicationsin IL
9.1%Decision denial ratestate 21.7%
7.13%Median ratestate 6.75%
$255,000Median loanstate $185,000
$8.5MVolume10 counties

FlexPoint in Illinois vs the state

6.4%Denial rate-10.77 pts vs state
9.1%Decision denial rate-12.59 pts vs state
41.3%Origination rate-17.47 pts vs state
7.13%Median rate+0.38 pts vs state
0.83Rate spread (pts)+0.45 pts vs state
$174kMedian applicant income
26Loans originated
4Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
2024740.0%7.25%#714
202563266.4%7.13%#425

What FlexPoint lends in Illinois

By loan purpose

Home purchase 30 48% · 3.3% denied
Refinance 5 8% · 0.0% denied
Cash-out refinance 27 43% · 11.1% denied
Other / HELOC 1 2% · 0.0% denied

By loan type

Conventional 60 95% · 5.0% denied
FHA 3 5% · 33.3% denied

Why it denied Illinois applicants

Other 2 50%
Credit history 1 25%
Collateral 1 25%

Where in Illinois

Counties with the most FlexPoint applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cook County 39163 7.7%
DuPage County 620 0.0%
Lake County 520 0.0%
Will County 511 20.0%
Rock Island County 300 0.0%
Sangamon County 110 0.0%
McHenry County 110 0.0%
Kane County 110 0.0%
Henry County 110 0.0%
Macon County 110 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: 63 applications in 2025, of which 26 were originated and 4 denied.

6.4% of all applications, or 9.1% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans FlexPoint originated in Illinois in 2025 was 7.13%, against a statewide median of 6.75%.

About this data. Figures are FlexPoint'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