Purdue · Illinois · 2025

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

Purdue took 18 mortgage applications in Illinois in 2025, ranking #610 of 1,150 lenders active in the state. It originated 50.0% of them and denied 22.2% (30.8% of the applications it decided), against a statewide denial rate of 17.1%.

18Applicationsin IL
30.8%Decision denial ratestate 21.7%
6.75%Median ratestate 6.75%
$120,000Median loanstate $185,000
$3.0MVolume8 counties

Purdue in Illinois vs the state

22.2%Denial rate+5.10 pts vs state
30.8%Decision denial rate+9.09 pts vs state
50.0%Origination rate-8.74 pts vs state
6.75%Median rate0.00 pts vs state
0.33Rate spread (pts)-0.05 pts vs state
$190kMedian applicant income
9Loans originated
4Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023302016.7%6.50%#532
202421164.8%6.63%#580
202518922.2%6.75%#610

What Purdue lends in Illinois

By loan purpose

Home purchase 11 61% · 18.2% denied
Refinance 1 6% · 0.0% denied
Home improvement 4 22% · 25.0% denied
Other / HELOC 2 11% · 50.0% denied

By loan type

Conventional 18 100% · 22.2% denied

Why it denied Illinois applicants

Collateral 2 50%
Debt-to-income ratio 1 25%
Other 1 25%

Where in Illinois

Counties with the most Purdue applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cook County 732 28.6%
Lake County 320 0.0%
DuPage County 210 0.0%
Champaign County 211 50.0%
McHenry County 110 0.0%
Jackson County 110 0.0%
Macon County 101 100.0%
McLean County 100 0.0%

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: 18 applications in 2025, of which 9 were originated and 4 denied.

22.2% of all applications, or 30.8% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

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

About this data. Figures are Purdue'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