Select Lending Services · Illinois · 2025

Select Lending Services in Illinois: approval rate, denial rate and rates (2025)

Select Lending Services took 366 mortgage applications in Illinois in 2025, ranking #167 of 1,150 lenders active in the state. It originated 76.2% of them and denied 1.6% (2.0% of the applications it decided), against a statewide denial rate of 17.1%.

366Applicationsin IL
2.0%Decision denial ratestate 21.7%
6.75%Median ratestate 6.75%
$405,000Median loanstate $185,000
$129MVolume10 counties

Select Lending Services in Illinois vs the state

1.6%Denial rate-15.48 pts vs state
2.0%Decision denial rate-19.69 pts vs state
76.2%Origination rate+17.49 pts vs state
6.75%Median rate0.00 pts vs state
0.26Rate spread (pts)-0.12 pts vs state
$174kMedian applicant income
279Loans originated
6Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
2024106760.9%6.63%#328
20253662791.6%6.75%#167

What Select Lending Services lends in Illinois

By loan purpose

Home purchase 284 78% · 1.8% denied
Refinance 69 19% · 0.0% denied
Cash-out refinance 13 4% · 7.7% denied

By loan type

Conventional 358 98% · 1.7% denied
VA 2 1% · 0.0% denied
USDA / RHS 6 2% · 0.0% denied

Why it denied Illinois applicants

Collateral 3 50%
Other 2 33%
Unverifiable information 1 17%

Where in Illinois

Counties with the most Select Lending Services applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cook County 2872164 1.4%
DuPage County 27212 7.4%
Lake County 24180 0.0%
McHenry County 980 0.0%
Will County 870 0.0%
Kane County 440 0.0%
Kendall County 320 0.0%
Jo Daviess County 210 0.0%
Grundy County 110 0.0%
Jersey County 110 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: 366 applications in 2025, of which 279 were originated and 6 denied.

1.6% of all applications, or 2.0% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

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

About this data. Figures are Select Lending Services'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