OCMBC · Illinois · 2025

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

OCMBC took 814 mortgage applications in Illinois in 2025, ranking #93 of 1,150 lenders active in the state. It originated 55.8% of them and denied 14.5% (18.1% of the applications it decided), against a statewide denial rate of 17.1%.

814Applicationsin IL
18.1%Decision denial ratestate 21.7%
7.38%Median ratestate 6.75%
$265,000Median loanstate $185,000
$131MVolume21 counties

OCMBC in Illinois vs the state

14.5%Denial rate-2.62 pts vs state
18.1%Decision denial rate-3.61 pts vs state
55.8%Origination rate-2.97 pts vs state
7.38%Median rate+0.63 pts vs state
1.23Rate spread (pts)+0.85 pts vs state
$100kMedian applicant income
454Loans originated
118Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
202356629033.4%8.19%#100
202468637224.5%8.00%#96
202581445414.5%7.38%#93

What OCMBC lends in Illinois

By loan purpose

Home purchase 524 64% · 14.3% denied
Refinance 74 9% · 10.8% denied
Cash-out refinance 216 27% · 16.2% denied

By loan type

Conventional 622 76% · 14.2% denied
FHA 187 23% · 16.0% denied
VA 5 1% · 0.0% denied

Why it denied Illinois applicants

Incomplete application 51 43%
Other 19 16%
Debt-to-income ratio 17 14%
Collateral 11 9%
Credit history 8 7%
Employment history 5 4%
Insufficient cash 4 3%
Unverifiable information 3 3%

Where in Illinois

Counties with the most OCMBC applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cook County 54631278 14.3%
Will County 543112 22.2%
DuPage County 45275 11.1%
Lake County 40217 17.5%
Kane County 40214 10.0%
Winnebago County 2094 20.0%
McHenry County 2092 10.0%
DeKalb County 1062 20.0%
Kankakee County 851 12.5%
Kendall County 750 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: 814 applications in 2025, of which 454 were originated and 118 denied.

14.5% of all applications, or 18.1% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans OCMBC originated in Illinois in 2025 was 7.38%, against a statewide median of 6.75%.

About this data. Figures are OCMBC'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