Lima One Capital · Illinois · 2025

Lima One Capital in Illinois: approval rate, denial rate and rates (2025)

Lima One Capital took 72 mortgage applications in Illinois in 2025, ranking #399 of 1,150 lenders active in the state. It originated 52.8% of them and denied 30.6% (36.7% of the applications it decided), against a statewide denial rate of 17.1%.

72Applicationsin IL
36.7%Decision denial ratestate 21.7%
8.59%Median ratestate 6.75%
$175,000Median loanstate $185,000
$9.5MVolume10 counties

Lima One Capital in Illinois vs the state

30.6%Denial rate+13.44 pts vs state
36.7%Decision denial rate+14.99 pts vs state
52.8%Origination rate-5.96 pts vs state
8.59%Median rate+1.84 pts vs state
Rate spread (pts)
Median applicant income
38Loans originated
22Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232652650.0%10.60%#175
20241417226.2%8.40%#280
2025723830.6%8.59%#399

What Lima One Capital lends in Illinois

By loan purpose

Home purchase 35 49% · 20.0% denied
Refinance 8 11% · 62.5% denied
Cash-out refinance 29 40% · 34.5% denied

By loan type

Conventional 72 100% · 30.6% denied

Why it denied Illinois applicants

Collateral 11 50%
Credit history 5 23%
Employment history 2 9%
Unverifiable information 2 9%
Insufficient cash 1 5%
Mortgage insurance denied 1 5%

Where in Illinois

Counties with the most Lima One Capital applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cook County 462117 37.0%
Lake County 852 25.0%
Peoria County 631 16.7%
Kankakee County 330 0.0%
Winnebago County 220 0.0%
LaSalle County 211 50.0%
McHenry County 220 0.0%
Sangamon County 110 0.0%
Will County 101 100.0%
Tazewell County 100 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: 72 applications in 2025, of which 38 were originated and 22 denied.

30.6% of all applications, or 36.7% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Lima One Capital originated in Illinois in 2025 was 8.59%, against a statewide median of 6.75%.

About this data. Figures are Lima One Capital'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