New Day Financial in Illinois vs the state
26.7%Denial rate+9.61 pts vs state
56.9%Decision denial rate+35.22 pts vs state
18.6%Origination rate-40.17 pts vs state
6.99%Median rate+0.24 pts vs state
0.74Rate spread (pts)+0.36 pts vs state
$72kMedian applicant income
166Loans originated
239Denied
Trend in Illinois
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 489 | 79 | 25.6% | 7.49% | #113 |
| 2024 | 836 | 143 | 24.0% | 7.63% | #80 |
| 2025 | 894 | 166 | 26.7% | 6.99% | #85 |
What New Day Financial lends in Illinois
By loan purpose
By loan type
Why it denied Illinois applicants
Where in Illinois
Counties with the most New Day Financial applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| St. Clair County | 97 | 22 | 25 | 25.8% |
| DuPage County | 52 | 10 | 13 | 25.0% |
| Lake County | 50 | 6 | 12 | 24.0% |
| McHenry County | 45 | 7 | 12 | 26.7% |
| Winnebago County | 43 | 13 | 6 | 14.0% |
| Tazewell County | 37 | 6 | 5 | 13.5% |
| Sangamon County | 32 | 4 | 8 | 25.0% |
| Kankakee County | 31 | 5 | 12 | 38.7% |
| Rock Island County | 30 | 5 | 11 | 36.7% |
| Vermilion County | 27 | 3 | 10 | 37.0% |
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: 894 applications in 2025, of which 166 were originated and 239 denied.
26.7% of all applications, or 56.9% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.
The median rate on loans New Day Financial originated in Illinois in 2025 was 6.99%, against a statewide median of 6.75%.
About this data. Figures are New Day Financial'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