Luminate Home Loans in Illinois vs the state
10.3%Denial rate-6.78 pts vs state
16.7%Decision denial rate-5.01 pts vs state
51.7%Origination rate-7.02 pts vs state
7.25%Median rate+0.50 pts vs state
0.92Rate spread (pts)+0.53 pts vs state
$104kMedian applicant income
15Loans originated
3Denied
Trend in Illinois
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 251 | 163 | 4.8% | 7.13% | #188 |
| 2024 | 360 | 233 | 7.8% | 6.99% | #154 |
| 2025 | 29 | 15 | 10.3% | 7.25% | #543 |
What Luminate Home Loans lends in Illinois
By loan purpose
By loan type
Why it denied Illinois applicants
Where in Illinois
Counties with the most Luminate Home Loans applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cook County | 16 | 5 | 2 | 12.5% |
| DuPage County | 2 | 1 | 1 | 50.0% |
| Lake County | 2 | 1 | 0 | 0.0% |
| Will County | 2 | 2 | 0 | 0.0% |
| Macoupin County | 2 | 2 | 0 | 0.0% |
| Winnebago County | 1 | 1 | 0 | 0.0% |
| Kendall County | 1 | 1 | 0 | 0.0% |
| McHenry County | 1 | 0 | 0 | 0.0% |
| Macon County | 1 | 1 | 0 | 0.0% |
| Boone County | 1 | 1 | 0 | 0.0% |
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: 29 applications in 2025, of which 15 were originated and 3 denied.
10.3% of all applications, or 16.7% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.
The median rate on loans Luminate Home Loans originated in Illinois in 2025 was 7.25%, against a statewide median of 6.75%.
About this data. Figures are Luminate Home Loans'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