Vanderbilt Mortgage and Finance · Illinois · 2025

Vanderbilt Mortgage and Finance in Illinois: approval rate, denial rate and rates (2025)

Vanderbilt Mortgage and Finance took 842 mortgage applications in Illinois in 2025, ranking #88 of 1,150 lenders active in the state. It originated 14.9% of them and denied 42.8% (72.0% of the applications it decided), against a statewide denial rate of 17.1%.

842Applicationsin IL
72.0%Decision denial ratestate 21.7%
9.75%Median ratestate 6.75%
$95,000Median loanstate $185,000
$18MVolume84 counties

Vanderbilt Mortgage and Finance in Illinois vs the state

42.8%Denial rate+25.64 pts vs state
72.0%Decision denial rate+50.32 pts vs state
14.9%Origination rate-43.89 pts vs state
9.75%Median rate+3.00 pts vs state
3.80Rate spread (pts)+3.42 pts vs state
$59kMedian applicant income
125Loans originated
360Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
202375310044.0%9.25%#82
20248509948.8%9.50%#78
202584212542.8%9.75%#88

What Vanderbilt Mortgage and Finance lends in Illinois

By loan purpose

Home purchase 838 100% · 43.0% denied
Refinance 3 0% · 0.0% denied
Cash-out refinance 1 0% · 0.0% denied

By loan type

Conventional 841 100% · 42.8% denied
VA 1 0% · 0.0% denied

Why it denied Illinois applicants

Credit history 187 52%
Unverifiable information 110 31%
Debt-to-income ratio 62 17%
Incomplete application 1 0%

Where in Illinois

Counties with the most Vanderbilt Mortgage and Finance applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Effingham County 39415 38.5%
Williamson County 38412 31.6%
Wayne County 38414 36.8%
Franklin County 34411 32.4%
Saline County 32412 37.5%
St. Clair County 31119 61.3%
Jackson County 2738 29.6%
Marion County 26610 38.5%
Cook County 24613 54.2%
White County 23217 73.9%

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: 842 applications in 2025, of which 125 were originated and 360 denied.

42.8% of all applications, or 72.0% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Vanderbilt Mortgage and Finance originated in Illinois in 2025 was 9.75%, against a statewide median of 6.75%.

About this data. Figures are Vanderbilt Mortgage and Finance'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