Mlb Residential Lending · Illinois · 2025

Mlb Residential Lending in Illinois: approval rate, denial rate and rates (2025)

Mlb Residential Lending took 13 mortgage applications in Illinois in 2025, ranking #652 of 1,150 lenders active in the state. It originated 15.4% of them and denied 69.2% (75.0% of the applications it decided), against a statewide denial rate of 17.1%.

13Applicationsin IL
75.0%Decision denial ratestate 21.7%
6.81%Median ratestate 6.75%
$255,000Median loanstate $185,000
$530kVolume4 counties

Mlb Residential Lending in Illinois vs the state

69.2%Denial rate+52.11 pts vs state
75.0%Decision denial rate+53.32 pts vs state
15.4%Origination rate-43.36 pts vs state
6.81%Median rate+0.06 pts vs state
1.44Rate spread (pts)+1.06 pts vs state
$89kMedian applicant income
2Loans originated
9Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023371621.6%6.94%#495
202418544.4%6.75%#603
202513269.2%6.81%#652

What Mlb Residential Lending lends in Illinois

By loan purpose

Home purchase 11 85% · 81.8% denied
Cash-out refinance 2 15% · 0.0% denied

By loan type

Conventional 4 31% · 25.0% denied
FHA 8 62% · 87.5% denied
VA 1 8% · 100.0% denied

Why it denied Illinois applicants

Debt-to-income ratio 3 33%
Insufficient cash 2 22%
Credit history 2 22%
Other 1 11%
Employment history 1 11%

Where in Illinois

Counties with the most Mlb Residential Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cook County 614 66.7%
St. Clair County 303 100.0%
DeKalb County 210 0.0%
Winnebago County 202 100.0%

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: 13 applications in 2025, of which 2 were originated and 9 denied.

69.2% of all applications, or 75.0% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Mlb Residential Lending originated in Illinois in 2025 was 6.81%, against a statewide median of 6.75%.

About this data. Figures are Mlb Residential Lending'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