Guaranteed Rate in Illinois vs the state
4.9%Denial rate-12.26 pts vs state
7.5%Decision denial rate-14.20 pts vs state
58.5%Origination rate-0.29 pts vs state
6.63%Median rate-0.13 pts vs state
0.34Rate spread (pts)-0.04 pts vs state
$123kMedian applicant income
10,217Loans originated
850Denied
Trend in Illinois
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 15,882 | 8,915 | 3.8% | 6.63% | #1 |
| 2024 | 13,991 | 9,021 | 5.4% | 6.80% | #1 |
| 2025 | 17,479 | 10,217 | 4.9% | 6.63% | #1 |
What Guaranteed Rate lends in Illinois
By loan purpose
By loan type
Why it denied Illinois applicants
Where in Illinois
Counties with the most Guaranteed Rate applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cook County | 9,523 | 5,271 | 496 | 5.2% |
| DuPage County | 1,660 | 1,024 | 48 | 2.9% |
| Will County | 1,598 | 946 | 81 | 5.1% |
| Lake County | 1,031 | 614 | 38 | 3.7% |
| Kane County | 818 | 541 | 47 | 5.7% |
| McHenry County | 511 | 327 | 19 | 3.7% |
| Kendall County | 353 | 226 | 14 | 4.0% |
| St. Clair County | 235 | 151 | 12 | 5.1% |
| Sangamon County | 178 | 116 | 12 | 6.7% |
| Grundy County | 162 | 120 | 5 | 3.1% |
Other large lenders in Illinois
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| 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% |
| Broker Solutions | D | 6,886 | 8.3% | 6.88% |
Frequently asked questions
Illinois: 17,479 applications in 2025, of which 10,217 were originated and 850 denied.
4.9% of all applications, or 7.5% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.
The median rate on loans Guaranteed Rate originated in Illinois in 2025 was 6.63%, against a statewide median of 6.75%.
About this data. Figures are Guaranteed Rate'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