Primary Residential Mortgage · Illinois · 2025

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

Primary Residential Mortgage took 34 mortgage applications in Illinois in 2025, ranking #518 of 1,150 lenders active in the state. It originated 47.1% of them and denied 26.5% (36.0% of the applications it decided), against a statewide denial rate of 17.1%.

34Applicationsin IL
36.0%Decision denial ratestate 21.7%
6.50%Median ratestate 6.75%
$145,000Median loanstate $185,000
$2.9MVolume6 counties

Primary Residential Mortgage in Illinois vs the state

26.5%Denial rate+9.35 pts vs state
36.0%Decision denial rate+14.32 pts vs state
47.1%Origination rate-11.68 pts vs state
6.50%Median rate-0.25 pts vs state
0.62Rate spread (pts)+0.24 pts vs state
$82kMedian applicant income
16Loans originated
9Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023452317.8%6.75%#476
202458438.6%6.75%#429
2025341626.5%6.50%#518

What Primary Residential Mortgage lends in Illinois

By loan purpose

Home purchase 28 82% · 28.6% denied
Refinance 4 12% · 25.0% denied
Cash-out refinance 2 6% · 0.0% denied

By loan type

Conventional 16 47% · 37.5% denied
FHA 17 50% · 17.7% denied
VA 1 3% · 0.0% denied

Why it denied Illinois applicants

Credit history 6 67%
Insufficient cash 1 11%
Collateral 1 11%
Debt-to-income ratio 1 11%

Where in Illinois

Counties with the most Primary Residential Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
St. Clair County 1575 33.3%
Winnebago County 603 50.0%
Cook County 540 0.0%
Madison County 550 0.0%
Lake County 200 0.0%
Champaign County 101 100.0%

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: 34 applications in 2025, of which 16 were originated and 9 denied.

26.5% of all applications, or 36.0% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Primary Residential Mortgage originated in Illinois in 2025 was 6.50%, against a statewide median of 6.75%.

About this data. Figures are Primary Residential 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