Foundation Mortgage in Illinois vs the state
40.7%Denial rate+23.56 pts vs state
41.4%Decision denial rate+19.70 pts vs state
35.6%Origination rate-23.15 pts vs state
7.88%Median rate+1.13 pts vs state
1.40Rate spread (pts)+1.02 pts vs state
$116kMedian applicant income
21Loans originated
24Denied
Trend in Illinois
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 12 | 5 | 8.3% | 9.38% | #664 |
| 2024 | 75 | 26 | 34.7% | 7.69% | #384 |
| 2025 | 59 | 21 | 40.7% | 7.88% | #433 |
What Foundation Mortgage lends in Illinois
By loan purpose
By loan type
Why it denied Illinois applicants
Where in Illinois
Counties with the most Foundation Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cook County | 27 | 12 | 5 | 18.5% |
| Champaign County | 20 | 2 | 18 | 90.0% |
| Will County | 4 | 3 | 0 | 0.0% |
| Winnebago County | 3 | 2 | 0 | 0.0% |
| Lake County | 2 | 0 | 1 | 50.0% |
| DuPage County | 1 | 1 | 0 | 0.0% |
| Kankakee County | 1 | 0 | 0 | 0.0% |
| St. Clair County | 1 | 1 | 0 | 0.0% |
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: 59 applications in 2025, of which 21 were originated and 24 denied.
40.7% of all applications, or 41.4% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.
The median rate on loans Foundation Mortgage originated in Illinois in 2025 was 7.88%, against a statewide median of 6.75%.
About this data. Figures are Foundation 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