Lenders › Mega Capital Funding, Inc. › Illinois
Mega Capital Funding, Inc. in Illinois
HMDA record for properties in Illinois, calendar year 2024. National record · Illinois overview
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.
In Illinois, Mega Capital Funding, Inc. reported 313 applications and 231 originations for 2024, $79m in all.
Its denial rate in the state was 0.0%, below the Illinois rate of 23.3% across all lenders and compared with the lender's national rate of 0.3%.
The median rate spread on its Illinois originations was 0.6 percentage points (state median 0.5).
Compared with the state and the lender's national record
| Measure | In Illinois | Illinois, all lenders | Mega Capital Funding, Inc., all states | United States |
|---|---|---|---|---|
| Denial rate | 0.0% | 23.3% | 0.3% | 24.3% |
| Median rate spread, pp | 0.6 | 0.5 | 0.3 | 0.3 |
| Originations with spread of 1.5 pp or more | 8.7% | 15.4% | 3.8% | 15.6% |
| Average originated loan | $341k | $273k | $465k | $329k |
| Home purchase share | 93.9% | 61.1% | 79.6% | 57.0% |
| FHA-insured share | 5.6% | 10.7% | 20.2% | 13.4% |
| VA-guaranteed share | 0.4% | 4.9% | 4.0% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateIllinois, all lenders
Loan purpose and loan type in Illinois
By purpose
Home purchase 94% (217)Refinancing 3% (8)Cash-out refinancing 3% (6)
By type
Conventional 94% (217)FHA 6% (13)VA 0% (1)
Denial reasons as coded
Withheld: fewer than 25 denials in the state.
Counties in Illinois
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Cook County | 159 | 118 | $37m | 0.0% |
| Lake County | 42 | 31 | $10m | 0.0% |
| Will County | 28 | 21 | $9.7m | 0.0% |
| DuPage County | 28 | 20 | $6.9m | 0.0% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Mega Capital Funding, Inc. originate in Illinois in 2024?
231 loans totalling $79m, from 313 applications reported for properties in Illinois.
What is Mega Capital Funding, Inc.'s denial rate in Illinois?
0.0% of decided applications in Illinois were denied, against 23.3% for all lenders in the state and 0.3% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which Illinois counties does Mega Capital Funding, Inc. lend in most?
By originations: Cook County (118), Lake County (31), Will County (21), DuPage County (20).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Illinois. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.