Mortgage Right · Illinois · 2025

Mortgage Right in Illinois: approval rate, denial rate and rates (2025)

Mortgage Right took 55 mortgage applications in Illinois in 2025, ranking #444 of 1,150 lenders active in the state. It originated 49.1% of them and denied 10.9% (18.2% of the applications it decided), against a statewide denial rate of 17.1%.

55Applicationsin IL
18.2%Decision denial ratestate 21.7%
6.50%Median ratestate 6.75%
$215,000Median loanstate $185,000
$6.8MVolume20 counties

Mortgage Right in Illinois vs the state

10.9%Denial rate-6.21 pts vs state
18.2%Decision denial rate-3.50 pts vs state
49.1%Origination rate-9.65 pts vs state
6.50%Median rate-0.25 pts vs state
0.29Rate spread (pts)-0.09 pts vs state
$99kMedian applicant income
27Loans originated
6Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
202427130.0%5.81%#547
2025552710.9%6.50%#444

What Mortgage Right lends in Illinois

By loan purpose

Home purchase 21 38% · 19.1% denied
Refinance 15 27% · 0.0% denied
Cash-out refinance 19 35% · 10.5% denied

By loan type

Conventional 24 44% · 12.5% denied
FHA 23 42% · 8.7% denied
VA 8 15% · 12.5% denied

Why it denied Illinois applicants

Debt-to-income ratio 3 50%
Collateral 1 17%
Credit history 1 17%
Employment history 1 17%

Where in Illinois

Counties with the most Mortgage Right applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Madison County 1594 26.7%
St. Clair County 861 12.5%
Cook County 721 14.3%
Kane County 320 0.0%
Will County 310 0.0%
DuPage County 200 0.0%
Ogle County 220 0.0%
Clinton County 220 0.0%
Kendall County 200 0.0%
Adams 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: 55 applications in 2025, of which 27 were originated and 6 denied.

10.9% of all applications, or 18.2% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Mortgage Right originated in Illinois in 2025 was 6.50%, against a statewide median of 6.75%.

About this data. Figures are Mortgage Right'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