NFM in Illinois vs the state
1.1%Denial rate-16.06 pts vs state
1.8%Decision denial rate-19.85 pts vs state
55.8%Origination rate-2.90 pts vs state
6.88%Median rate+0.13 pts vs state
0.47Rate spread (pts)+0.09 pts vs state
$146kMedian applicant income
263Loans originated
5Denied
Trend in Illinois
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 53 | 34 | 3.8% | 6.81% | #443 |
| 2024 | 77 | 51 | 2.6% | 7.00% | #376 |
| 2025 | 471 | 263 | 1.1% | 6.88% | #135 |
What NFM lends in Illinois
By loan purpose
By loan type
Why it denied Illinois applicants
Where in Illinois
Counties with the most NFM applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cook County | 352 | 187 | 3 | 0.9% |
| Will County | 29 | 22 | 0 | 0.0% |
| Lake County | 24 | 10 | 1 | 4.2% |
| DuPage County | 21 | 12 | 0 | 0.0% |
| Kane County | 11 | 8 | 0 | 0.0% |
| McHenry County | 7 | 5 | 0 | 0.0% |
| St. Clair County | 4 | 4 | 0 | 0.0% |
| Winnebago County | 4 | 4 | 0 | 0.0% |
| Macon County | 3 | 2 | 0 | 0.0% |
| Sangamon County | 2 | 1 | 0 | 0.0% |
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: 471 applications in 2025, of which 263 were originated and 5 denied.
1.1% of all applications, or 1.8% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.
The median rate on loans NFM originated in Illinois in 2025 was 6.88%, against a statewide median of 6.75%.
About this data. Figures are NFM'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