Inova · Illinois · 2025

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

Inova took 14 mortgage applications in Illinois in 2025, ranking #638 of 1,150 lenders active in the state. It originated 50.0% of them and denied 28.6% (33.3% of the applications it decided), against a statewide denial rate of 17.1%.

14Applicationsin IL
33.3%Decision denial ratestate 21.7%
2.99%Median ratestate 6.75%
$45,000Median loanstate $185,000
$745kVolume9 counties

Inova in Illinois vs the state

28.6%Denial rate+11.45 pts vs state
33.3%Decision denial rate+11.65 pts vs state
50.0%Origination rate-8.74 pts vs state
2.99%Median rate-3.76 pts vs state
1.91Rate spread (pts)+1.53 pts vs state
$95kMedian applicant income
7Loans originated
4Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
202312633.3%2.99%#662
2024181122.2%2.99%#605
202514728.6%2.99%#638

What Inova lends in Illinois

By loan purpose

Home purchase 1 7% · 0.0% denied
Refinance 1 7% · 0.0% denied
Cash-out refinance 1 7% · 0.0% denied
Home improvement 7 50% · 14.3% denied
Other / HELOC 4 29% · 75.0% denied

By loan type

Conventional 14 100% · 28.6% denied

Why it denied Illinois applicants

Unverifiable information 1 25%
Other 1 25%
Credit history 1 25%
Debt-to-income ratio 1 25%

Where in Illinois

Counties with the most Inova applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
DuPage County 321 33.3%
Cook County 321 33.3%
Kane County 201 50.0%
Winnebago County 101 100.0%
Ogle County 110 0.0%
LaSalle County 100 0.0%
Will County 110 0.0%
St. Clair County 100 0.0%
Clinton 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: 14 applications in 2025, of which 7 were originated and 4 denied.

28.6% of all applications, or 33.3% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Inova originated in Illinois in 2025 was 2.99%, against a statewide median of 6.75%.

About this data. Figures are Inova'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