Guidance Residential · Illinois · 2025

Guidance Residential in Illinois: approval rate, denial rate and rates (2025)

Guidance Residential took 472 mortgage applications in Illinois in 2025, ranking #134 of 1,150 lenders active in the state. It originated 65.0% of them and denied 3.4% (4.6% of the applications it decided), against a statewide denial rate of 17.1%.

472Applicationsin IL
4.6%Decision denial ratestate 21.7%
6.88%Median ratestate 6.75%
$325,000Median loanstate $185,000
$111MVolume15 counties

Guidance Residential in Illinois vs the state

3.4%Denial rate-13.73 pts vs state
4.6%Decision denial rate-17.07 pts vs state
65.0%Origination rate+6.30 pts vs state
6.88%Median rate+0.13 pts vs state
0.43Rate spread (pts)+0.04 pts vs state
$138kMedian applicant income
307Loans originated
16Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232671774.5%7.13%#173
20243832453.1%7.13%#146
20254723073.4%6.88%#134

What Guidance Residential lends in Illinois

By loan purpose

Home purchase 328 69% · 3.4% denied
Refinance 98 21% · 2.0% denied
Cash-out refinance 46 10% · 6.5% denied

By loan type

Conventional 472 100% · 3.4% denied

Why it denied Illinois applicants

Collateral 5 31%
Unverifiable information 4 25%
Employment history 3 19%
Credit history 1 6%
Mortgage insurance denied 1 6%
Other 1 6%
Debt-to-income ratio 1 6%

Where in Illinois

Counties with the most Guidance Residential applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cook County 19012210 5.3%
DuPage County 1701124 2.4%
Will County 45330 0.0%
Champaign County 13100 0.0%
Lake County 1051 10.0%
Peoria County 860 0.0%
Kane County 860 0.0%
Kendall County 810 0.0%
Sangamon County 740 0.0%
Winnebago County 440 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: 472 applications in 2025, of which 307 were originated and 16 denied.

3.4% of all applications, or 4.6% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Guidance Residential originated in Illinois in 2025 was 6.88%, against a statewide median of 6.75%.

About this data. Figures are Guidance Residential'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