Liberty · Illinois · 2025

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

Liberty took 111 mortgage applications in Illinois in 2025, ranking #332 of 1,150 lenders active in the state. It originated 77.5% of them and denied 7.2% (8.5% of the applications it decided), against a statewide denial rate of 17.1%.

111Applicationsin IL
8.5%Decision denial ratestate 21.7%
6.81%Median ratestate 6.75%
$95,000Median loanstate $185,000
$11MVolume32 counties

Liberty in Illinois vs the state

7.2%Denial rate-9.91 pts vs state
8.5%Decision denial rate-13.17 pts vs state
77.5%Origination rate+18.74 pts vs state
6.81%Median rate+0.06 pts vs state
0.38Rate spread (pts)0.00 pts vs state
$84kMedian applicant income
86Loans originated
8Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231047615.4%7.25%#332
20241168119.0%7.00%#312
2025111867.2%6.81%#332

What Liberty lends in Illinois

By loan purpose

Home purchase 50 45% · 10.0% denied
Refinance 9 8% · 11.1% denied
Cash-out refinance 38 34% · 5.3% denied
Home improvement 14 13% · 0.0% denied

By loan type

Conventional 95 86% · 5.3% denied
FHA 6 5% · 50.0% denied
VA 1 1% · 0.0% denied
USDA / RHS 9 8% · 0.0% denied

Why it denied Illinois applicants

Debt-to-income ratio 5 63%
Credit history 2 25%
Collateral 1 13%

Where in Illinois

Counties with the most Liberty applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Wabash County 22150 0.0%
Lawrence County 20163 15.0%
White County 17113 17.6%
Williamson County 760 0.0%
Crawford County 660 0.0%
Edwards County 430 0.0%
Richland County 330 0.0%
Wayne County 330 0.0%
Saline County 220 0.0%
Edgar County 211 50.0%

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: 111 applications in 2025, of which 86 were originated and 8 denied.

7.2% of all applications, or 8.5% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Liberty originated in Illinois in 2025 was 6.81%, against a statewide median of 6.75%.

About this data. Figures are Liberty'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