Pennymac Loan Services in Illinois vs the state
12.6%Denial rate-4.50 pts vs state
20.1%Decision denial rate-1.60 pts vs state
47.9%Origination rate-10.88 pts vs state
6.49%Median rate-0.26 pts vs state
0.37Rate spread (pts)-0.01 pts vs state
$104kMedian applicant income
2,485Loans originated
655Denied
Trend in Illinois
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,189 | 1,090 | 15.9% | 6.63% | #33 |
| 2024 | 3,442 | 1,572 | 14.2% | 6.25% | #26 |
| 2025 | 5,192 | 2,485 | 12.6% | 6.49% | #18 |
What Pennymac Loan Services lends in Illinois
By loan purpose
By loan type
Why it denied Illinois applicants
Where in Illinois
Counties with the most Pennymac Loan Services applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cook County | 1,886 | 877 | 265 | 14.1% |
| Will County | 399 | 196 | 51 | 12.8% |
| Lake County | 374 | 189 | 55 | 14.7% |
| DuPage County | 323 | 191 | 26 | 8.0% |
| Kane County | 263 | 137 | 37 | 14.1% |
| St. Clair County | 197 | 83 | 29 | 14.7% |
| McHenry County | 189 | 86 | 18 | 9.5% |
| Madison County | 161 | 82 | 15 | 9.3% |
| Winnebago County | 111 | 56 | 15 | 13.5% |
| Kendall County | 109 | 59 | 9 | 8.3% |
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: 5,192 applications in 2025, of which 2,485 were originated and 655 denied.
12.6% of all applications, or 20.1% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.
The median rate on loans Pennymac Loan Services originated in Illinois in 2025 was 6.49%, against a statewide median of 6.75%.
About this data. Figures are Pennymac Loan Services'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