Geneva Financial · Illinois · 2025

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

Geneva Financial took 304 mortgage applications in Illinois in 2025, ranking #186 of 1,150 lenders active in the state. It originated 70.7% of them and denied 3.3% (4.4% of the applications it decided), against a statewide denial rate of 17.1%.

304Applicationsin IL
4.4%Decision denial ratestate 21.7%
7.00%Median ratestate 6.75%
$235,000Median loanstate $185,000
$50MVolume31 counties

Geneva Financial in Illinois vs the state

3.3%Denial rate-13.83 pts vs state
4.4%Decision denial rate-17.24 pts vs state
70.7%Origination rate+11.98 pts vs state
7.00%Median rate+0.25 pts vs state
0.92Rate spread (pts)+0.53 pts vs state
$89kMedian applicant income
215Loans originated
10Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234603002.4%6.88%#121
20243942415.1%7.13%#142
20253042153.3%7.00%#186

What Geneva Financial lends in Illinois

By loan purpose

Home purchase 222 73% · 4.1% denied
Refinance 29 10% · 0.0% denied
Cash-out refinance 53 17% · 1.9% denied

By loan type

Conventional 206 68% · 2.9% denied
FHA 87 29% · 4.6% denied
VA 11 4% · 0.0% denied

Why it denied Illinois applicants

Debt-to-income ratio 6 60%
Employment history 3 30%
Collateral 1 10%

Where in Illinois

Counties with the most Geneva Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cook County 138835 3.6%
Kane County 21162 9.5%
Will County 21160 0.0%
Kankakee County 20180 0.0%
DuPage County 16110 0.0%
Lake County 1380 0.0%
Kendall County 13130 0.0%
St. Clair County 870 0.0%
Madison County 760 0.0%
McHenry County 732 28.6%

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: 304 applications in 2025, of which 215 were originated and 10 denied.

3.3% of all applications, or 4.4% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Geneva Financial originated in Illinois in 2025 was 7.00%, against a statewide median of 6.75%.

About this data. Figures are Geneva Financial'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