Servion · Illinois · 2025

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

Servion took 130 mortgage applications in Illinois in 2025, ranking #313 of 1,150 lenders active in the state. It originated 71.5% of them and denied 7.7% (9.7% of the applications it decided), against a statewide denial rate of 17.1%.

130Applicationsin IL
9.7%Decision denial ratestate 21.7%
6.50%Median ratestate 6.75%
$145,000Median loanstate $185,000
$17MVolume28 counties

Servion in Illinois vs the state

7.7%Denial rate-9.43 pts vs state
9.7%Decision denial rate-11.97 pts vs state
71.5%Origination rate+12.80 pts vs state
6.50%Median rate-0.25 pts vs state
0.47Rate spread (pts)+0.08 pts vs state
$69kMedian applicant income
93Loans originated
10Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
202398719.2%6.63%#342
2024100724.0%6.63%#336
2025130937.7%6.50%#313

What Servion lends in Illinois

By loan purpose

Home purchase 94 72% · 3.2% denied
Refinance 12 9% · 8.3% denied
Cash-out refinance 24 18% · 25.0% denied

By loan type

Conventional 94 72% · 5.3% denied
FHA 31 24% · 16.1% denied
VA 5 4% · 0.0% denied

Why it denied Illinois applicants

Credit history 5 50%
Debt-to-income ratio 4 40%
Employment history 1 10%

Where in Illinois

Counties with the most Servion applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Knox County 36253 8.3%
Cook County 19113 15.8%
Kendall County 11100 0.0%
McLean County 980 0.0%
LaSalle County 750 0.0%
Kane County 750 0.0%
Peoria County 640 0.0%
DeKalb County 540 0.0%
Mercer County 330 0.0%
Henry County 210 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: 130 applications in 2025, of which 93 were originated and 10 denied.

7.7% of all applications, or 9.7% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

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

About this data. Figures are Servion'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