Point Mortgage · Illinois · 2025

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

Point Mortgage took 612 mortgage applications in Illinois in 2025, ranking #114 of 1,150 lenders active in the state. It originated 82.5% of them and denied 1.8% (2.1% of the applications it decided), against a statewide denial rate of 17.1%.

612Applicationsin IL
2.1%Decision denial ratestate 21.7%
6.63%Median ratestate 6.75%
$245,000Median loanstate $185,000
$131MVolume33 counties

Point Mortgage in Illinois vs the state

1.8%Denial rate-15.32 pts vs state
2.1%Decision denial rate-19.62 pts vs state
82.5%Origination rate+23.78 pts vs state
6.63%Median rate-0.13 pts vs state
0.27Rate spread (pts)-0.11 pts vs state
$100kMedian applicant income
505Loans originated
11Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232882122.8%6.88%#169
20245714412.1%6.69%#104
20256125051.8%6.63%#114

What Point Mortgage lends in Illinois

By loan purpose

Home purchase 549 90% · 1.6% denied
Refinance 39 6% · 0.0% denied
Cash-out refinance 24 4% · 8.3% denied

By loan type

Conventional 513 84% · 1.8% denied
FHA 75 12% · 2.7% denied
VA 23 4% · 0.0% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied Illinois applicants

Collateral 5 45%
Unverifiable information 2 18%
Other 1 9%
Employment history 1 9%
Debt-to-income ratio 1 9%
Credit history 1 9%

Where in Illinois

Counties with the most Point Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
McLean County 1221100 0.0%
Cook County 109893 2.8%
Will County 71510 0.0%
DuPage County 69533 4.3%
Champaign County 53490 0.0%
Kane County 37300 0.0%
Kendall County 26260 0.0%
LaSalle County 17112 11.8%
McHenry County 13100 0.0%
DeKalb County 12101 8.3%

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: 612 applications in 2025, of which 505 were originated and 11 denied.

1.8% of all applications, or 2.1% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

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

About this data. Figures are Point 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