Greenbox Loans · Illinois · 2025

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

Greenbox Loans took 28 mortgage applications in Illinois in 2025, ranking #546 of 1,150 lenders active in the state. It originated 50.0% of them and denied 3.6% (6.7% of the applications it decided), against a statewide denial rate of 17.1%.

28Applicationsin IL
6.7%Decision denial ratestate 21.7%
8.06%Median ratestate 6.75%
$215,000Median loanstate $185,000
$3.5MVolume5 counties

Greenbox Loans in Illinois vs the state

3.6%Denial rate-13.55 pts vs state
6.7%Decision denial rate-15.01 pts vs state
50.0%Origination rate-8.74 pts vs state
8.06%Median rate+1.31 pts vs state
1.77Rate spread (pts)+1.39 pts vs state
$110kMedian applicant income
14Loans originated
1Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
202345611.1%10.44%#473
2024261119.2%9.50%#548
202528143.6%8.06%#546

What Greenbox Loans lends in Illinois

By loan purpose

Home purchase 20 71% · 5.0% denied
Refinance 1 4% · 0.0% denied
Cash-out refinance 7 25% · 0.0% denied

By loan type

Conventional 28 100% · 3.6% denied

Why it denied Illinois applicants

Insufficient cash 1 100%

Where in Illinois

Counties with the most Greenbox Loans applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cook County 1971 5.3%
DuPage County 430 0.0%
Will County 220 0.0%
Lake County 210 0.0%
Kendall 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: 28 applications in 2025, of which 14 were originated and 1 denied.

3.6% of all applications, or 6.7% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Greenbox Loans originated in Illinois in 2025 was 8.06%, against a statewide median of 6.75%.

About this data. Figures are Greenbox Loans'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