Longbridge Financial · Illinois · 2025

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

Longbridge Financial took 115 mortgage applications in Illinois in 2025, ranking #323 of 1,150 lenders active in the state. It originated 50.4% of them and denied 15.7% (22.2% of the applications it decided), against a statewide denial rate of 17.1%.

115Applicationsin IL
22.2%Decision denial ratestate 21.7%
6.13%Median ratestate 6.75%
$125,000Median loanstate $185,000
$9.8MVolume28 counties

Longbridge Financial in Illinois vs the state

15.7%Denial rate-1.47 pts vs state
22.2%Decision denial rate+0.54 pts vs state
50.4%Origination rate-8.31 pts vs state
6.13%Median rate-0.63 pts vs state
Rate spread (pts)
$30kMedian applicant income
58Loans originated
18Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023492224.5%7.49%#457
2024733412.3%7.09%#387
20251155815.7%6.13%#323

What Longbridge Financial lends in Illinois

By loan purpose

Home purchase 1 1% · 0.0% denied
Refinance 68 59% · 14.7% denied
Cash-out refinance 2 2% · 50.0% denied
Home improvement 3 3% · 33.3% denied
Other / HELOC 41 36% · 14.6% denied

By loan type

Conventional 17 15% · 35.3% denied
FHA 98 85% · 12.2% denied

Why it denied Illinois applicants

Collateral 5 28%
Other 4 22%
Incomplete application 3 17%
Insufficient cash 3 17%
Credit history 2 11%
Debt-to-income ratio 1 6%

Where in Illinois

Counties with the most Longbridge Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cook County 39186 15.4%
Lake County 1143 27.3%
DuPage County 951 11.1%
Will County 953 33.3%
Winnebago County 530 0.0%
Kane County 521 20.0%
McHenry County 420 0.0%
St. Clair County 412 50.0%
McLean County 321 33.3%
Champaign County 321 33.3%

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: 115 applications in 2025, of which 58 were originated and 18 denied.

15.7% 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 Longbridge Financial originated in Illinois in 2025 was 6.13%, against a statewide median of 6.75%.

About this data. Figures are Longbridge Financial'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