PHH Mortgage · Illinois · 2025

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

PHH Mortgage took 619 mortgage applications in Illinois in 2025, ranking #112 of 1,150 lenders active in the state. It originated 38.9% of them and denied 9.7% (19.7% of the applications it decided), against a statewide denial rate of 17.1%.

619Applicationsin IL
19.7%Decision denial ratestate 21.7%
6.63%Median ratestate 6.75%
$225,000Median loanstate $185,000
$75MVolume51 counties

PHH Mortgage in Illinois vs the state

9.7%Denial rate-7.43 pts vs state
19.7%Decision denial rate-2.01 pts vs state
38.9%Origination rate-19.81 pts vs state
6.63%Median rate-0.13 pts vs state
0.36Rate spread (pts)-0.02 pts vs state
$100kMedian applicant income
241Loans originated
60Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232628028.6%6.93%#177
202437712215.7%6.63%#150
20256192419.7%6.63%#112

What PHH Mortgage lends in Illinois

By loan purpose

Home purchase 53 9% · 7.6% denied
Refinance 268 43% · 9.3% denied
Cash-out refinance 284 46% · 9.9% denied
Home improvement 14 2% · 21.4% denied

By loan type

Conventional 386 62% · 7.8% denied
FHA 187 30% · 14.4% denied
VA 46 7% · 6.5% denied

Why it denied Illinois applicants

Collateral 25 42%
Debt-to-income ratio 11 18%
Other 10 17%
Insufficient cash 7 12%
Credit history 6 10%
Unverifiable information 1 2%

Where in Illinois

Counties with the most PHH Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cook County 28810933 11.5%
DuPage County 59236 10.2%
Will County 59224 6.8%
Lake County 37174 10.8%
Kane County 31151 3.2%
St. Clair County 22111 4.5%
McHenry County 1443 21.4%
Madison County 1441 7.1%
Champaign County 1010 0.0%
Rock Island County 703 42.9%

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: 619 applications in 2025, of which 241 were originated and 60 denied.

9.7% of all applications, or 19.7% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans PHH Mortgage originated in Illinois in 2025 was 6.63%, against a statewide median of 6.75%.

About this data. Figures are PHH Mortgage'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