Tomo Mortgage in Illinois vs the state
9.9%Denial rate-7.26 pts vs state
23.7%Decision denial rate+1.97 pts vs state
31.8%Origination rate-26.91 pts vs state
6.38%Median rate-0.38 pts vs state
-0.04Rate spread (pts)-0.42 pts vs state
$162kMedian applicant income
113Loans originated
35Denied
Trend in Illinois
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 83 | 24 | 3.6% | 6.81% | #364 |
| 2025 | 355 | 113 | 9.9% | 6.38% | #172 |
What Tomo Mortgage lends in Illinois
By loan purpose
By loan type
Why it denied Illinois applicants
Where in Illinois
Counties with the most Tomo Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cook County | 179 | 53 | 21 | 11.7% |
| DuPage County | 48 | 15 | 5 | 10.4% |
| Will County | 30 | 7 | 2 | 6.7% |
| Lake County | 25 | 8 | 3 | 12.0% |
| Kane County | 10 | 3 | 0 | 0.0% |
| McHenry County | 9 | 4 | 0 | 0.0% |
| Sangamon County | 8 | 4 | 1 | 12.5% |
| Peoria County | 5 | 2 | 0 | 0.0% |
| Champaign County | 5 | 1 | 0 | 0.0% |
| Winnebago County | 4 | 1 | 0 | 0.0% |
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: 355 applications in 2025, of which 113 were originated and 35 denied.
9.9% of all applications, or 23.7% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.
The median rate on loans Tomo Mortgage originated in Illinois in 2025 was 6.38%, against a statewide median of 6.75%.
About this data. Figures are Tomo Mortgage'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