Zippy Loans in Illinois vs the state
39.4%Denial rate+22.32 pts vs state
62.8%Decision denial rate+41.07 pts vs state
22.4%Origination rate-36.36 pts vs state
8.00%Median rate+1.25 pts vs state
0.03Rate spread (pts)-0.36 pts vs state
$48kMedian applicant income
282Loans originated
497Denied
Trend in Illinois
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 450 | 97 | 47.8% | 8.00% | #131 |
| 2025 | 1,260 | 282 | 39.4% | 8.00% | #68 |
What Zippy Loans lends in Illinois
By loan purpose
By loan type
Why it denied Illinois applicants
Where in Illinois
Counties with the most Zippy Loans applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cook County | 195 | 49 | 91 | 46.7% |
| Madison County | 175 | 59 | 66 | 37.7% |
| St. Clair County | 149 | 39 | 52 | 34.9% |
| Coles County | 117 | 19 | 45 | 38.5% |
| Jefferson County | 106 | 25 | 44 | 41.5% |
| Knox County | 100 | 18 | 36 | 36.0% |
| Peoria County | 81 | 17 | 26 | 32.1% |
| Morgan County | 72 | 17 | 32 | 44.4% |
| Kankakee County | 26 | 12 | 5 | 19.2% |
| Rock Island County | 21 | 5 | 10 | 47.6% |
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: 1,260 applications in 2025, of which 282 were originated and 497 denied.
39.4% of all applications, or 62.8% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.
The median rate on loans Zippy Loans originated in Illinois in 2025 was 8.00%, against a statewide median of 6.75%.
About this data. Figures are Zippy 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