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Cook County, Illinois
Mortgage lending record for properties in the county, calendar year 2024.
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
Lenders reported 133,927 mortgage applications in Cook County, Illinois, for 2024, and originated 73,060 loans worth $26bn.
That is 34.8 originations per 1,000 households, against 41.2 for Illinois and 48.0 nationally.
The county's denial rate was 26.3%, above the state rate of 23.3%. The median rate spread on originated loans was 0.5 percentage points and 14.6% of originations were 1.5 points or more above the average prime offer rate.
302 lenders reached 25 applications in the county; the most active by originations were Guaranteed Rate, Inc. (4,624), JPMorgan Chase Bank, NA (4,511) and United Wholesale Mortgage (3,971).
Originations were up 10% on 2023.
Most active lenders
| # | Lender | Applications | Originations | Amount | Denial rate | Median spread |
|---|---|---|---|---|---|---|
| 1 | Guaranteed Rate, Inc. | 7,385 | 4,624 | $1.7bn | 8.3% | — |
| 2 | JPMorgan Chase Bank, NA | 6,936 | 4,511 | $2.1bn | 12.9% | — |
| 3 | United Wholesale Mortgage | 5,576 | 3,971 | $1.2bn | 16.4% | — |
| 4 | Rocket Mortgage | 4,518 | 3,093 | $740m | 23.1% | — |
| 5 | Huntington National Bank | 5,775 | 2,804 | $749m | 41.3% | — |
| 6 | Crosscountry Mortgage, LLC | 4,030 | 2,554 | $901m | 4.4% | — |
| 7 | Neighborhood Loans, Inc. | 3,157 | 2,096 | $530m | 26.8% | — |
| 8 | Loandepot.com, LLC | 3,250 | 1,864 | $489m | 24.2% | — |
| 9 | Fairway Independent Mort Corp | 2,445 | 1,692 | $460m | 9.1% | — |
| 10 | BMO Harris Bank NA | 3,593 | 1,579 | $362m | 44.8% | — |
| 11 | Us Bank, N.A. | 3,716 | 1,472 | $457m | 51.5% | — |
| 12 | Bank of America NA | 3,568 | 1,455 | $444m | 45.2% | — |
| 13 | Fifth Third Bank, National Association | 2,932 | 1,309 | $401m | 41.3% | — |
| 14 | Barrington Bank & Trust Company, N.A. | 2,042 | 1,297 | $436m | 8.6% | — |
| 15 | Proper Rate, LLC | 1,585 | 1,041 | $465m | 3.2% | — |
| 16 | PNC Bank N.A. | 2,196 | 980 | $368m | 42.3% | — |
| 17 | First American Bank | 1,724 | 907 | $145m | 37.1% | — |
| 18 | A&N Mortgage Services, Inc. | 874 | 874 | $330m | 0.0% | — |
| 19 | American Pacific Mortgage Corporation | 1,201 | 871 | $255m | 9.0% | — |
| 20 | Old National Bank | 1,497 | 814 | $249m | 37.6% | — |
| 21 | Citibank, NA | 1,717 | 751 | $468m | 25.8% | — |
| 22 | Loan Funder LLC | 1,387 | 734 | $179m | 16.1% | — |
| 23 | Greenstate Credit Union | 1,141 | 719 | $241m | 16.5% | — |
| 24 | Newrez LLC | 2,103 | 683 | $172m | 43.1% | — |
| 25 | Key Mortgage Services, Inc. | 951 | 653 | $216m | 6.0% | — |
| 26 | The Federal Savings Bank | 1,066 | 624 | $174m | 13.3% | — |
| 27 | Union Home Mortgage Corp. | 888 | 617 | $218m | 11.1% | — |
| 28 | Pennymac Loan Services LLC | 1,255 | 560 | $169m | 25.4% | — |
| 29 | Towne Mortgage Company | 704 | 552 | $167m | 4.2% | — |
| 30 | New American Funding, LLC. | 1,433 | 548 | $177m | 23.1% | — |
| 31 | Guaranteed Rate Affinity, LLC | 912 | 526 | $162m | 16.5% | — |
| 32 | Bay Equity LLC | 777 | 525 | $160m | 4.9% | — |
| 33 | Guild Mortgage Company | 806 | 519 | $148m | 10.1% | — |
| 34 | Lower, LLC | 779 | 479 | $158m | 12.9% | — |
| 35 | Mortgage Research Center | 1,040 | 478 | $142m | 28.6% | — |
| 36 | Discover Bank | 3,323 | 475 | $39m | 78.5% | — |
| 37 | RF Renovo Management Company, LLC | 655 | 472 | $236m | 1.7% | — |
| 38 | Navy Federal Credit Union | 1,387 | 450 | $105m | 50.2% | — |
| 39 | The Loan Store, Inc | 602 | 448 | $134m | 7.1% | — |
| 40 | Nationstar Mortgage | 765 | 420 | $69m | 27.5% | — |
Lenders with at least 25 applications in the county, by originations; up to 40 shown of 302. Denial rate is denials over decided applications in this county.
Compared with Illinois and the nation
| Measure | This county | Illinois | United States |
|---|---|---|---|
| Denial rate | 26.3% | 23.3% | 24.3% |
| Median rate spread, pp | 0.5 | 0.5 | 0.3 |
| Originations with spread of 1.5 pp or more | 14.6% | 15.4% | 15.6% |
| Average originated loan | $358k | $273k | $329k |
| Originations per 1,000 households | 34.8 | 41.2 | 48.0 |
| Home purchase share of originations | 64.1% | 61.1% | 57.0% |
| FHA-insured share | 11.0% | 10.7% | 13.4% |
| VA-guaranteed share | 2.8% | 4.9% | 7.9% |
Rate spread distribution
Share of 63,104 originated loans with a reported rate spread, by spread over the average prime offer rate (outlined bar: Illinois). Loans at 1.5 points or more on a first lien are what Regulation C calls higher-priced.
Loan purpose and loan type
By purpose
Home purchase 64% (46,797)Home improvement 7% (5,023)Refinancing 11% (8,129)Cash-out refinancing 11% (8,037)Other purpose 7% (5,071)
By type
Conventional 86% (62,947)FHA 11% (8,046)VA 3% (2,063)USDA 0% (4)
Trend by year
ApplicationsOriginations
This countyIllinois
Questions and answers
Which lenders are most active in Cook County, IL?
By 2024 originations: Guaranteed Rate, Inc. (4,624), JPMorgan Chase Bank, NA (4,511), United Wholesale Mortgage (3,971), Rocket Mortgage (3,093), Huntington National Bank (2,804). 302 lenders had at least 25 applications in the county.
What is the mortgage denial rate in Cook County?
26.3% of decided applications were denied in 2024, against 23.3% across Illinois and 24.3% nationally.
How many mortgages were originated in Cook County in 2024?
73,060 loans totalling $26bn, from 133,927 applications; 34.8 originations per 1,000 households.
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), by property county; households from the Census Bureau American Community Survey 2024 five-year estimates.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records with a property in county FIPS 17031; households and population from the U.S. Census Bureau (ACS 2024 five-year estimates; Vintage 2024 population estimates). Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.