Loansteady · Illinois · 2025

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

Loansteady took 44 mortgage applications in Illinois in 2025, ranking #477 of 1,150 lenders active in the state. It originated 63.6% of them and denied 6.8% (9.4% of the applications it decided), against a statewide denial rate of 17.1%.

44Applicationsin IL
9.4%Decision denial ratestate 21.7%
6.31%Median ratestate 6.75%
$220,000Median loanstate $185,000
$8.8MVolume14 counties

Loansteady in Illinois vs the state

6.8%Denial rate-10.30 pts vs state
9.4%Decision denial rate-12.30 pts vs state
63.6%Origination rate+4.90 pts vs state
6.31%Median rate-0.44 pts vs state
0.18Rate spread (pts)-0.21 pts vs state
$126kMedian applicant income
28Loans originated
3Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
202439245.1%6.93%#486
202544286.8%6.31%#477

What Loansteady lends in Illinois

By loan purpose

Home purchase 38 86% · 7.9% denied
Refinance 5 11% · 0.0% denied
Cash-out refinance 1 2% · 0.0% denied

By loan type

Conventional 29 66% · 3.5% denied
FHA 10 23% · 20.0% denied
VA 2 5% · 0.0% denied
USDA / RHS 3 7% · 0.0% denied

Why it denied Illinois applicants

Collateral 1 33%
Debt-to-income ratio 1 33%
Other 1 33%

Where in Illinois

Counties with the most Loansteady applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cook County 1460 0.0%
Williamson County 961 11.1%
Jackson County 531 20.0%
Will County 330 0.0%
McLean County 211 50.0%
DuPage County 210 0.0%
Lake County 220 0.0%
McHenry County 110 0.0%
LaSalle County 110 0.0%
Winnebago 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: 44 applications in 2025, of which 28 were originated and 3 denied.

6.8% of all applications, or 9.4% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Loansteady originated in Illinois in 2025 was 6.31%, against a statewide median of 6.75%.

About this data. Figures are Loansteady'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