Jmac Lending · Illinois · 2025

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

Jmac Lending took 295 mortgage applications in Illinois in 2025, ranking #191 of 1,150 lenders active in the state. It originated 67.5% of them and denied 3.7% (5.2% of the applications it decided), against a statewide denial rate of 17.1%.

295Applicationsin IL
5.2%Decision denial ratestate 21.7%
6.88%Median ratestate 6.75%
$315,000Median loanstate $185,000
$70MVolume18 counties

Jmac Lending in Illinois vs the state

3.7%Denial rate-13.39 pts vs state
5.2%Decision denial rate-16.47 pts vs state
67.5%Origination rate+8.72 pts vs state
6.88%Median rate+0.13 pts vs state
0.49Rate spread (pts)+0.10 pts vs state
$123kMedian applicant income
199Loans originated
11Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023543313.0%6.88%#437
2024111596.3%6.88%#323
20252951993.7%6.88%#191

What Jmac Lending lends in Illinois

By loan purpose

Home purchase 224 76% · 3.1% denied
Refinance 20 7% · 10.0% denied
Cash-out refinance 51 17% · 3.9% denied

By loan type

Conventional 225 76% · 3.1% denied
FHA 67 23% · 6.0% denied
VA 3 1% · 0.0% denied

Why it denied Illinois applicants

Collateral 6 55%
Other 2 18%
Debt-to-income ratio 1 9%
Insufficient cash 1 9%
Credit history 1 9%

Where in Illinois

Counties with the most Jmac Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cook County 158995 3.2%
Will County 34231 2.9%
DuPage County 33221 3.0%
Lake County 18141 5.6%
McHenry County 17130 0.0%
Kane County 13110 0.0%
Boone County 540 0.0%
Kendall County 440 0.0%
Winnebago County 330 0.0%
St. Clair County 210 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: 295 applications in 2025, of which 199 were originated and 11 denied.

3.7% of all applications, or 5.2% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

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

About this data. Figures are Jmac Lending'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