Network Funding · Illinois · 2025

Network Funding in Illinois: approval rate, denial rate and rates (2025)

Network Funding took 12 mortgage applications in Illinois in 2025, ranking #667 of 1,150 lenders active in the state. It originated 41.7% of them and denied 0.0% (0.0% of the applications it decided), against a statewide denial rate of 17.1%.

12Applicationsin IL
0.0%Decision denial ratestate 21.7%
6.49%Median ratestate 6.75%
$300,000Median loanstate $185,000
$1.8MVolume7 counties

Network Funding in Illinois vs the state

0.0%Denial rate-17.12 pts vs state
0.0%Decision denial rate-21.68 pts vs state
41.7%Origination rate-17.07 pts vs state
6.49%Median rate-0.26 pts vs state
-0.11Rate spread (pts)-0.49 pts vs state
$166kMedian applicant income
5Loans originated
0Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231470.0%6.50%#632
20241040.0%6.75%#667
20251250.0%6.49%#667

What Network Funding lends in Illinois

By loan purpose

Home purchase 10 83% · 0.0% denied
Refinance 2 17% · 0.0% denied

By loan type

Conventional 11 92% · 0.0% denied
FHA 1 8% · 0.0% denied

Where in Illinois

Counties with the most Network Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cook County 510 0.0%
Lake County 220 0.0%
Whiteside County 100 0.0%
McLean County 110 0.0%
McHenry County 110 0.0%
Knox County 100 0.0%
Kane 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: 12 applications in 2025, of which 5 were originated and 0 denied.

0.0% of all applications, or 0.0% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Network Funding originated in Illinois in 2025 was 6.49%, against a statewide median of 6.75%.

About this data. Figures are Network Funding'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