Loandepot.Com · Illinois · 2025

Loandepot.Com in Illinois: approval rate, denial rate and rates (2025)

Loandepot.Com took 7,019 mortgage applications in Illinois in 2025, ranking #10 of 1,150 lenders active in the state. It originated 60.4% of them and denied 17.7% (22.2% of the applications it decided), against a statewide denial rate of 17.1%.

7.0kApplicationsin IL
22.2%Decision denial ratestate 21.7%
6.88%Median ratestate 6.75%
$185,000Median loanstate $185,000
$950MVolume97 counties

Loandepot.Com in Illinois vs the state

17.7%Denial rate+0.56 pts vs state
22.2%Decision denial rate+0.50 pts vs state
60.4%Origination rate+1.68 pts vs state
6.88%Median rate+0.13 pts vs state
0.73Rate spread (pts)+0.35 pts vs state
$87kMedian applicant income
4,241Loans originated
1,241Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235,2613,17616.9%6.88%#13
20246,0963,52118.7%6.99%#11
20257,0194,24117.7%6.88%#10

What Loandepot.Com lends in Illinois

By loan purpose

Home purchase 3,626 52% · 6.5% denied
Refinance 624 9% · 16.2% denied
Cash-out refinance 1,366 19% · 31.6% denied
Home improvement 115 2% · 27.8% denied
Other / HELOC 1,288 18% · 34.3% denied

By loan type

Conventional 4,425 63% · 14.6% denied
FHA 2,295 33% · 23.2% denied
VA 284 4% · 20.4% denied
USDA / RHS 15 0% · 20.0% denied

Why it denied Illinois applicants

Collateral 367 30%
Debt-to-income ratio 288 23%
Unverifiable information 188 15%
Credit history 152 12%
Incomplete application 132 11%
Other 57 5%
Insufficient cash 42 3%
Employment history 15 1%

Where in Illinois

Counties with the most Loandepot.Com applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cook County 3,4922,097557 16.0%
Will County 56136193 16.6%
DuPage County 41828150 12.0%
Lake County 37621369 18.4%
Kane County 37324555 14.7%
Kendall County 17111917 9.9%
LaSalle County 16712619 11.4%
McHenry County 16510031 18.8%
Winnebago County 1417435 24.8%
St. Clair County 1035335 34.0%

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%
Broker SolutionsD 6,8868.3%6.88%

Frequently asked questions

Illinois: 7,019 applications in 2025, of which 4,241 were originated and 1,241 denied.

17.7% of all applications, or 22.2% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

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

About this data. Figures are Loandepot.Com'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