Lendage · Illinois · 2025

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

Lendage took 947 mortgage applications in Illinois in 2025, ranking #82 of 1,150 lenders active in the state. It originated 72.1% of them and denied 12.4% (13.7% of the applications it decided), against a statewide denial rate of 17.1%.

947Applicationsin IL
13.7%Decision denial ratestate 21.7%
11.25%Median ratestate 6.75%
$55,000Median loanstate $185,000
$48MVolume54 counties

Lendage in Illinois vs the state

12.4%Denial rate-4.77 pts vs state
13.7%Decision denial rate-7.96 pts vs state
72.1%Origination rate+13.38 pts vs state
11.25%Median rate+4.50 pts vs state
5.17Rate spread (pts)+4.79 pts vs state
$119kMedian applicant income
683Loans originated
117Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231349017.2%13.25%#284
202464244315.4%12.50%#98
202594768312.4%11.25%#82

What Lendage lends in Illinois

By loan purpose

Home purchase 4 0% · 0.0% denied
Refinance 185 20% · 10.3% denied
Cash-out refinance 19 2% · 57.9% denied
Home improvement 148 16% · 12.8% denied
Other / HELOC 591 62% · 11.5% denied

By loan type

Conventional 947 100% · 12.4% denied

Why it denied Illinois applicants

Debt-to-income ratio 49 42%
Other 34 29%
Credit history 24 21%
Collateral 10 9%

Where in Illinois

Counties with the most Lendage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cook County 30920651 16.5%
Will County 977312 12.4%
Lake County 805810 12.5%
DuPage County 795112 15.2%
McHenry County 50347 14.0%
Kane County 45344 8.9%
Kendall County 30242 6.7%
Winnebago County 29193 10.3%
Madison County 28232 7.1%
St. Clair County 25221 4.0%

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: 947 applications in 2025, of which 683 were originated and 117 denied.

12.4% of all applications, or 13.7% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Lendage originated in Illinois in 2025 was 11.25%, against a statewide median of 6.75%.

About this data. Figures are Lendage'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