Freedom Mortgage in Illinois vs the state
9.6%Denial rate-7.53 pts vs state
17.9%Decision denial rate-3.77 pts vs state
36.5%Origination rate-22.29 pts vs state
6.25%Median rate-0.50 pts vs state
0.32Rate spread (pts)-0.06 pts vs state
$99kMedian applicant income
1,573Loans originated
414Denied
Trend in Illinois
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,417 | 524 | 18.4% | 6.75% | #53 |
| 2024 | 2,945 | 1,171 | 12.7% | 6.50% | #31 |
| 2025 | 4,316 | 1,573 | 9.6% | 6.25% | #20 |
What Freedom Mortgage lends in Illinois
By loan purpose
By loan type
Why it denied Illinois applicants
Where in Illinois
Counties with the most Freedom Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cook County | 1,358 | 400 | 126 | 9.3% |
| Will County | 387 | 155 | 38 | 9.8% |
| Lake County | 288 | 91 | 31 | 10.8% |
| DuPage County | 228 | 67 | 21 | 9.2% |
| St. Clair County | 224 | 112 | 18 | 8.0% |
| Kane County | 211 | 81 | 17 | 8.1% |
| McHenry County | 188 | 88 | 8 | 4.3% |
| Kendall County | 127 | 59 | 6 | 4.7% |
| Madison County | 126 | 57 | 12 | 9.5% |
| Winnebago County | 90 | 43 | 12 | 13.3% |
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: 4,316 applications in 2025, of which 1,573 were originated and 414 denied.
9.6% of all applications, or 17.9% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.
The median rate on loans Freedom Mortgage originated in Illinois in 2025 was 6.25%, against a statewide median of 6.75%.
About this data. Figures are Freedom 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