SmartFi Home Loans · Illinois · 2025

SmartFi Home Loans in Illinois: approval rate, denial rate and rates (2025)

SmartFi Home Loans took 19 mortgage applications in Illinois in 2025, ranking #598 of 1,150 lenders active in the state. It originated 79.0% of them and denied 10.5% (11.8% of the applications it decided), against a statewide denial rate of 17.1%.

19Applicationsin IL
11.8%Decision denial ratestate 21.7%
8.98%Median ratestate 6.75%
$155,000Median loanstate $185,000
$2.9MVolume9 counties

SmartFi Home Loans in Illinois vs the state

10.5%Denial rate-6.59 pts vs state
11.8%Decision denial rate-9.92 pts vs state
79.0%Origination rate+20.21 pts vs state
8.98%Median rate+2.23 pts vs state
Rate spread (pts)
$26kMedian applicant income
15Loans originated
2Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
20237614.3%9.69%#715
2025191510.5%8.98%#598

What SmartFi Home Loans lends in Illinois

By loan purpose

Refinance 15 79% · 13.3% denied
Other / HELOC 4 21% · 0.0% denied

By loan type

Conventional 12 63% · 16.7% denied
FHA 7 37% · 0.0% denied

Why it denied Illinois applicants

Unverifiable information 1 50%
Insufficient cash 1 50%

Where in Illinois

Counties with the most SmartFi Home Loans applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cook County 760 0.0%
McHenry County 440 0.0%
DuPage County 210 0.0%
Peoria County 101 100.0%
Winnebago County 110 0.0%
Will County 110 0.0%
DeKalb County 101 100.0%
Lake County 110 0.0%
McLean 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: 19 applications in 2025, of which 15 were originated and 2 denied.

10.5% of all applications, or 11.8% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans SmartFi Home Loans originated in Illinois in 2025 was 8.98%, against a statewide median of 6.75%.

About this data. Figures are SmartFi Home Loans'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