Provident Funding Associates · Illinois · 2025

Provident Funding Associates in Illinois: approval rate, denial rate and rates (2025)

Provident Funding Associates took 473 mortgage applications in Illinois in 2025, ranking #133 of 1,150 lenders active in the state. It originated 65.1% of them and denied 10.2% (13.4% of the applications it decided), against a statewide denial rate of 17.1%.

473Applicationsin IL
13.4%Decision denial ratestate 21.7%
6.38%Median ratestate 6.75%
$405,000Median loanstate $185,000
$133MVolume23 counties

Provident Funding Associates in Illinois vs the state

10.2%Denial rate-6.97 pts vs state
13.4%Decision denial rate-8.31 pts vs state
65.1%Origination rate+6.38 pts vs state
6.38%Median rate-0.38 pts vs state
-0.09Rate spread (pts)-0.47 pts vs state
$152kMedian applicant income
308Loans originated
48Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
20236053766.9%6.38%#96
20245593438.6%6.50%#107
202547330810.2%6.38%#133

What Provident Funding Associates lends in Illinois

By loan purpose

Home purchase 308 65% · 8.4% denied
Refinance 138 29% · 7.3% denied
Cash-out refinance 27 6% · 44.4% denied

By loan type

Conventional 473 100% · 10.2% denied

Why it denied Illinois applicants

Collateral 25 52%
Debt-to-income ratio 10 21%
Credit history 9 19%
Employment history 2 4%
Other 1 2%
Unverifiable information 1 2%

Where in Illinois

Counties with the most Provident Funding Associates applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cook County 17710324 13.6%
Lake County 75598 10.7%
DuPage County 73525 6.8%
Will County 44256 13.6%
Kane County 19110 0.0%
Peoria County 14130 0.0%
McHenry County 1261 8.3%
Kendall County 1051 10.0%
Rock Island County 1071 10.0%
Tazewell County 1081 10.0%

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: 473 applications in 2025, of which 308 were originated and 48 denied.

10.2% of all applications, or 13.4% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Provident Funding Associates originated in Illinois in 2025 was 6.38%, against a statewide median of 6.75%.

About this data. Figures are Provident Funding Associates'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