Logan Finance · Illinois · 2025

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

Logan Finance took 107 mortgage applications in Illinois in 2025, ranking #337 of 1,150 lenders active in the state. It originated 42.1% of them and denied 13.1% (23.0% of the applications it decided), against a statewide denial rate of 17.1%.

107Applicationsin IL
23.0%Decision denial ratestate 21.7%
7.37%Median ratestate 6.75%
$375,000Median loanstate $185,000
$19MVolume10 counties

Logan Finance in Illinois vs the state

13.1%Denial rate-4.04 pts vs state
23.0%Decision denial rate+1.27 pts vs state
42.1%Origination rate-16.68 pts vs state
7.37%Median rate+0.62 pts vs state
1.13Rate spread (pts)+0.75 pts vs state
$218kMedian applicant income
45Loans originated
14Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023523015.4%8.82%#445
202454355.6%8.00%#439
20251074513.1%7.37%#337

What Logan Finance lends in Illinois

By loan purpose

Home purchase 38 36% · 10.5% denied
Refinance 17 16% · 5.9% denied
Cash-out refinance 52 49% · 17.3% denied

By loan type

Conventional 107 100% · 13.1% denied

Why it denied Illinois applicants

Other 5 36%
Collateral 4 29%
Unverifiable information 2 14%
Credit history 1 7%
Insufficient cash 1 7%
Debt-to-income ratio 1 7%

Where in Illinois

Counties with the most Logan Finance applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cook County 753210 13.3%
DuPage County 1363 23.1%
Lake County 811 12.5%
Will County 440 0.0%
Macon County 200 0.0%
LaSalle County 110 0.0%
McHenry County 100 0.0%
Kane County 110 0.0%
McLean County 100 0.0%
Whiteside 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: 107 applications in 2025, of which 45 were originated and 14 denied.

13.1% of all applications, or 23.0% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Logan Finance originated in Illinois in 2025 was 7.37%, against a statewide median of 6.75%.

About this data. Figures are Logan Finance'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