Success Lending · Illinois · 2025

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

Success Lending took 283 mortgage applications in Illinois in 2025, ranking #197 of 1,150 lenders active in the state. It originated 60.1% of them and denied 13.4% (18.2% of the applications it decided), against a statewide denial rate of 17.1%.

283Applicationsin IL
18.2%Decision denial ratestate 21.7%
6.63%Median ratestate 6.75%
$255,000Median loanstate $185,000
$45MVolume13 counties

Success Lending in Illinois vs the state

13.4%Denial rate-3.69 pts vs state
18.2%Decision denial rate-3.50 pts vs state
60.1%Origination rate+1.33 pts vs state
6.63%Median rate-0.13 pts vs state
0.43Rate spread (pts)+0.05 pts vs state
$98kMedian applicant income
170Loans originated
38Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
202323515416.6%6.75%#197
202433116020.2%6.81%#167
202528317013.4%6.63%#197

What Success Lending lends in Illinois

By loan purpose

Home purchase 235 83% · 14.0% denied
Refinance 23 8% · 8.7% denied
Cash-out refinance 21 7% · 9.5% denied
Home improvement 4 1% · 25.0% denied

By loan type

Conventional 164 58% · 11.0% denied
FHA 113 40% · 15.0% denied
VA 6 2% · 50.0% denied

Why it denied Illinois applicants

Incomplete application 21 55%
Debt-to-income ratio 9 24%
Collateral 4 11%
Unverifiable information 1 3%
Other 1 3%
Insufficient cash 1 3%
Credit history 1 3%

Where in Illinois

Counties with the most Success Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cook County 20411825 12.3%
Will County 1996 31.6%
DuPage County 18103 16.7%
Kane County 12100 0.0%
McHenry County 1090 0.0%
Lake County 972 22.2%
Kendall County 320 0.0%
Lee County 220 0.0%
Iroquois County 211 50.0%
Alexander 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: 283 applications in 2025, of which 170 were originated and 38 denied.

13.4% of all applications, or 18.2% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Success Lending originated in Illinois in 2025 was 6.63%, against a statewide median of 6.75%.

About this data. Figures are Success Lending'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