Silver Hill Funding in Illinois vs the state
16.1%Denial rate-0.99 pts vs state
41.7%Decision denial rate+19.99 pts vs state
22.6%Origination rate-36.16 pts vs state
8.13%Median rate+1.38 pts vs state
—Rate spread (pts)
—Median applicant income
21Loans originated
15Denied
Trend in Illinois
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 78 | 25 | 28.2% | 9.13% | #376 |
| 2024 | 149 | 25 | 19.5% | 10.13% | #273 |
| 2025 | 93 | 21 | 16.1% | 8.13% | #356 |
What Silver Hill Funding lends in Illinois
By loan purpose
By loan type
Why it denied Illinois applicants
Other large lenders in Illinois
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Guaranteed Rate | B | 17,479 | 4.9% | 6.63% |
| Rocket Mortgage | C | 16,971 | 19.7% | 6.75% |
| United Shore Financial Services | B | 15,644 | 13.0% | 6.50% |
| JPMorgan Chase Bank | B | 13,574 | 9.7% | 6.49% |
| U.S. Bank | D | 10,076 | 38.3% | 7.00% |
| Crosscountry Mortgage | B | 8,779 | 4.5% | 6.75% |
| Fifth Third Bank | D | 8,628 | 32.1% | 7.50% |
| The Huntington National Bank | D | 8,226 | 31.9% | 6.99% |
| BMO Bank | F | 8,007 | 32.7% | 8.33% |
| Loandepot.Com | D | 7,019 | 17.7% | 6.88% |
Frequently asked questions
Illinois: 93 applications in 2025, of which 21 were originated and 15 denied.
16.1% of all applications, or 41.7% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.
The median rate on loans Silver Hill Funding originated in Illinois in 2025 was 8.13%, against a statewide median of 6.75%.
About this data. Figures are Silver Hill Funding'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