Loan Funder in Illinois vs the state
9.6%Denial rate-7.54 pts vs state
14.2%Decision denial rate-7.48 pts vs state
57.9%Origination rate-0.86 pts vs state
7.99%Median rate+1.24 pts vs state
—Rate spread (pts)
—Median applicant income
1,106Loans originated
183Denied
Trend in Illinois
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 953 | 587 | 7.7% | 10.99% | #74 |
| 2024 | 1,836 | 993 | 9.5% | 10.25% | #41 |
| 2025 | 1,911 | 1,106 | 9.6% | 7.99% | #44 |
What Loan Funder lends in Illinois
By loan purpose
By loan type
Why it denied Illinois applicants
Where in Illinois
Counties with the most Loan Funder applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cook County | 1,336 | 778 | 133 | 10.0% |
| Will County | 110 | 77 | 8 | 7.3% |
| DuPage County | 107 | 74 | 6 | 5.6% |
| Lake County | 80 | 55 | 7 | 8.8% |
| Winnebago County | 44 | 28 | 1 | 2.3% |
| Kane County | 39 | 25 | 2 | 5.1% |
| St. Clair County | 38 | 10 | 8 | 21.1% |
| Kankakee County | 26 | 10 | 3 | 11.5% |
| McHenry County | 23 | 10 | 3 | 13.0% |
| Madison County | 16 | 3 | 4 | 25.0% |
Other large lenders in Illinois
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Guaranteed Rate | B | 17,479 | 4.9% | 6.63% |
| Rocket Mortgage | C | 16,971 | 19.7% | 6.75% |
| United Shore Financial Services | B | 15,644 | 13.0% | 6.50% |
| JPMorgan Chase Bank | B | 13,574 | 9.7% | 6.49% |
| U.S. Bank | D | 10,076 | 38.3% | 7.00% |
| Crosscountry Mortgage | B | 8,779 | 4.5% | 6.75% |
| Fifth Third Bank | D | 8,628 | 32.1% | 7.50% |
| The Huntington National Bank | D | 8,226 | 31.9% | 6.99% |
| BMO Bank | F | 8,007 | 32.7% | 8.33% |
| Loandepot.Com | D | 7,019 | 17.7% | 6.88% |
Frequently asked questions
Illinois: 1,911 applications in 2025, of which 1,106 were originated and 183 denied.
9.6% of all applications, or 14.2% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.
The median rate on loans Loan Funder originated in Illinois in 2025 was 7.99%, against a statewide median of 6.75%.
About this data. Figures are Loan Funder'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