Homexpress Mortgage · Illinois · 2025

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

Homexpress Mortgage took 334 mortgage applications in Illinois in 2025, ranking #179 of 1,150 lenders active in the state. It originated 54.8% of them and denied 43.1% (43.2% of the applications it decided), against a statewide denial rate of 17.1%.

334Applicationsin IL
43.2%Decision denial ratestate 21.7%
7.63%Median ratestate 6.75%
$225,000Median loanstate $185,000
$51MVolume20 counties

Homexpress Mortgage in Illinois vs the state

43.1%Denial rate+25.99 pts vs state
43.2%Decision denial rate+21.56 pts vs state
54.8%Origination rate-3.95 pts vs state
7.63%Median rate+0.88 pts vs state
2.01Rate spread (pts)+1.63 pts vs state
$128kMedian applicant income
183Loans originated
144Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231408435.0%8.75%#278
202422412242.4%8.25%#212
202533418343.1%7.63%#179

What Homexpress Mortgage lends in Illinois

By loan purpose

Home purchase 114 34% · 47.4% denied
Refinance 30 9% · 50.0% denied
Cash-out refinance 190 57% · 39.5% denied

By loan type

Conventional 328 98% · 42.1% denied
FHA 5 1% · 100.0% denied
VA 1 0% · 100.0% denied

Why it denied Illinois applicants

Credit history 103 72%
Collateral 20 14%
Debt-to-income ratio 14 10%
Unverifiable information 3 2%
Insufficient cash 3 2%
Other 1 1%

Where in Illinois

Counties with the most Homexpress Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cook County 22012095 43.2%
Winnebago County 19910 52.6%
DuPage County 18126 33.3%
Will County 18107 38.9%
Lake County 15122 13.3%
Champaign County 918 88.9%
Kane County 954 44.4%
McHenry County 422 50.0%
Sangamon County 422 50.0%
Ogle County 303 100.0%

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: 334 applications in 2025, of which 183 were originated and 144 denied.

43.1% of all applications, or 43.2% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Homexpress Mortgage originated in Illinois in 2025 was 7.63%, against a statewide median of 6.75%.

About this data. Figures are Homexpress 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