Genway Home Mortgage · Illinois · 2025

Genway Home Mortgage in Illinois: approval rate, denial rate and rates (2025)

Genway Home Mortgage took 102 mortgage applications in Illinois in 2025, ranking #345 of 1,150 lenders active in the state. It originated 32.4% of them and denied 36.3% (52.1% of the applications it decided), against a statewide denial rate of 17.1%.

102Applicationsin IL
52.1%Decision denial ratestate 21.7%
8.06%Median ratestate 6.75%
$220,000Median loanstate $185,000
$8.4MVolume8 counties

Genway Home Mortgage in Illinois vs the state

36.3%Denial rate+19.15 pts vs state
52.1%Decision denial rate+30.43 pts vs state
32.4%Origination rate-26.39 pts vs state
8.06%Median rate+1.31 pts vs state
1.97Rate spread (pts)+1.59 pts vs state
$92kMedian applicant income
33Loans originated
37Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
202422459.1%7.63%#572
20251023336.3%8.06%#345

What Genway Home Mortgage lends in Illinois

By loan purpose

Home purchase 84 82% · 36.9% denied
Refinance 7 7% · 28.6% denied
Cash-out refinance 11 11% · 36.4% denied

By loan type

Conventional 56 55% · 35.7% denied
FHA 44 43% · 36.4% denied
VA 2 2% · 50.0% denied

Why it denied Illinois applicants

Debt-to-income ratio 12 32%
Incomplete application 11 30%
Unverifiable information 4 11%
Collateral 4 11%
Credit history 3 8%
Employment history 2 5%
Other 1 3%

Where in Illinois

Counties with the most Genway Home Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cook County 722129 40.3%
Will County 1161 9.1%
DuPage County 632 33.3%
Lake County 401 25.0%
Champaign County 320 0.0%
Clinton County 302 66.7%
Kane County 202 100.0%
Ogle 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: 102 applications in 2025, of which 33 were originated and 37 denied.

36.3% of all applications, or 52.1% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Genway Home Mortgage originated in Illinois in 2025 was 8.06%, against a statewide median of 6.75%.

About this data. Figures are Genway Home 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