Mortgage Research Center in Illinois vs the state
16.0%Denial rate-1.11 pts vs state
23.9%Decision denial rate+2.22 pts vs state
50.1%Origination rate-8.60 pts vs state
6.25%Median rate-0.50 pts vs state
-0.18Rate spread (pts)-0.56 pts vs state
$94kMedian applicant income
2,965Loans originated
947Denied
Trend in Illinois
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 4,029 | 2,208 | 14.8% | 6.75% | #17 |
| 2024 | 5,111 | 2,729 | 15.8% | 6.63% | #17 |
| 2025 | 5,914 | 2,965 | 16.0% | 6.25% | #16 |
What Mortgage Research Center lends in Illinois
By loan purpose
By loan type
Why it denied Illinois applicants
Where in Illinois
Counties with the most Mortgage Research Center applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cook County | 1,264 | 516 | 231 | 18.3% |
| St. Clair County | 538 | 314 | 70 | 13.0% |
| Lake County | 365 | 173 | 44 | 12.1% |
| Madison County | 287 | 144 | 42 | 14.6% |
| Will County | 280 | 124 | 49 | 17.5% |
| DuPage County | 169 | 66 | 32 | 18.9% |
| Winnebago County | 162 | 94 | 16 | 9.9% |
| Kane County | 151 | 70 | 24 | 15.9% |
| McHenry County | 144 | 74 | 19 | 13.2% |
| Sangamon County | 112 | 66 | 15 | 13.4% |
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: 5,914 applications in 2025, of which 2,965 were originated and 947 denied.
16.0% of all applications, or 23.9% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.
The median rate on loans Mortgage Research Center originated in Illinois in 2025 was 6.25%, against a statewide median of 6.75%.
About this data. Figures are Mortgage Research Center'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