Nexera Holding · Illinois · 2025

Nexera Holding in Illinois: approval rate, denial rate and rates (2025)

Nexera Holding took 298 mortgage applications in Illinois in 2025, ranking #190 of 1,150 lenders active in the state. It originated 56.4% of them and denied 10.7% (15.9% of the applications it decided), against a statewide denial rate of 17.1%.

298Applicationsin IL
15.9%Decision denial ratestate 21.7%
7.63%Median ratestate 6.75%
$275,000Median loanstate $185,000
$54MVolume18 counties

Nexera Holding in Illinois vs the state

10.7%Denial rate-6.38 pts vs state
15.9%Decision denial rate-5.76 pts vs state
56.4%Origination rate-2.36 pts vs state
7.63%Median rate+0.88 pts vs state
1.22Rate spread (pts)+0.84 pts vs state
$162kMedian applicant income
168Loans originated
32Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232101047.1%8.94%#212
20242741715.1%8.25%#188
202529816810.7%7.63%#190

What Nexera Holding lends in Illinois

By loan purpose

Home purchase 158 53% · 12.0% denied
Refinance 17 6% · 5.9% denied
Cash-out refinance 123 41% · 9.8% denied

By loan type

Conventional 292 98% · 9.9% denied
FHA 6 2% · 50.0% denied

Why it denied Illinois applicants

Other 18 56%
Debt-to-income ratio 4 13%
Collateral 4 13%
Credit history 3 9%
Incomplete application 2 6%
Unverifiable information 1 3%

Where in Illinois

Counties with the most Nexera Holding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cook County 17810616 9.0%
DuPage County 26143 11.5%
Will County 21121 4.8%
Lake County 21103 14.3%
Kane County 1383 23.1%
McHenry County 1371 7.7%
Kendall County 522 40.0%
Winnebago County 521 20.0%
Kankakee County 320 0.0%
LaSalle County 211 50.0%

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: 298 applications in 2025, of which 168 were originated and 32 denied.

10.7% of all applications, or 15.9% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Nexera Holding originated in Illinois in 2025 was 7.63%, against a statewide median of 6.75%.

About this data. Figures are Nexera Holding'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