Newrez in Illinois vs the state
21.9%Denial rate+4.78 pts vs state
41.0%Decision denial rate+19.28 pts vs state
30.8%Origination rate-27.96 pts vs state
6.75%Median rate0.00 pts vs state
0.66Rate spread (pts)+0.27 pts vs state
$98kMedian applicant income
1,857Loans originated
1,321Denied
Trend in Illinois
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 3,247 | 1,278 | 20.9% | 7.00% | #22 |
| 2024 | 4,979 | 1,712 | 22.3% | 6.99% | #18 |
| 2025 | 6,033 | 1,857 | 21.9% | 6.75% | #15 |
What Newrez lends in Illinois
By loan purpose
By loan type
Why it denied Illinois applicants
Where in Illinois
Counties with the most Newrez applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cook County | 2,583 | 751 | 566 | 21.9% |
| Will County | 518 | 173 | 115 | 22.2% |
| DuPage County | 459 | 156 | 81 | 17.6% |
| Lake County | 379 | 123 | 78 | 20.6% |
| Kane County | 305 | 100 | 76 | 24.9% |
| McHenry County | 248 | 97 | 47 | 19.0% |
| St. Clair County | 138 | 38 | 34 | 24.6% |
| Kendall County | 132 | 46 | 29 | 22.0% |
| Madison County | 103 | 32 | 15 | 14.6% |
| Peoria County | 94 | 23 | 20 | 21.3% |
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: 6,033 applications in 2025, of which 1,857 were originated and 1,321 denied.
21.9% of all applications, or 41.0% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.
The median rate on loans Newrez originated in Illinois in 2025 was 6.75%, against a statewide median of 6.75%.
About this data. Figures are Newrez'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