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Mortgage Research Center 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, Mortgage Research Center reported 5,111 applications and 2,729 originations for 2024, $712m in all.
Its denial rate in the state was 22.5%, close to the Illinois rate of 23.3% across all lenders and compared with the lender's national rate of 24.0%.
The median rate spread on its Illinois originations was -0.0 percentage points (state median 0.5).
Applications in the state were up 27% on 2023.
Compared with the state and the lender's national record
| Measure | In Illinois | Illinois, all lenders | Mortgage Research Center, all states | United States |
|---|---|---|---|---|
| Denial rate | 22.5% | 23.3% | 24.0% | 24.3% |
| Median rate spread, pp | -0.0 | 0.5 | -0.1 | 0.3 |
| Originations with spread of 1.5 pp or more | 1.6% | 15.4% | 0.8% | 15.6% |
| Average originated loan | $261k | $273k | $315k | $329k |
| Home purchase share | 80.6% | 61.1% | 81.8% | 57.0% |
| FHA-insured share | 3.5% | 10.7% | 2.9% | 13.4% |
| VA-guaranteed share | 90.7% | 4.9% | 92.4% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateIllinois, all lenders
Loan purpose and loan type in Illinois
By purpose
Home purchase 81% (2,199)Refinancing 16% (441)Cash-out refinancing 3% (89)
By type
Conventional 6% (156)FHA 3% (95)VA 91% (2,475)USDA 0% (3)
Denial reasons as coded
Share of 805 denials in Illinois by first denial reason coded (outlined bar: all lenders in the state).
Counties in Illinois
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Cook County | 1,040 | 478 | $142m | 28.6% |
| St. Clair County | 545 | 321 | $91m | 17.6% |
| Madison County | 249 | 148 | $37m | 18.3% |
| Lake County | 294 | 140 | $47m | 23.9% |
| Will County | 273 | 133 | $45m | 26.4% |
| Winnebago County | 162 | 81 | $17m | 24.1% |
| DuPage County | 159 | 72 | $25m | 30.1% |
| McHenry County | 151 | 70 | $24m | 27.1% |
| Kane County | 125 | 70 | $25m | 20.5% |
| Tazewell County | 93 | 60 | $12m | 11.6% |
| Sangamon County | 98 | 57 | $13m | 19.7% |
| Peoria County | 98 | 56 | $12m | 26.3% |
| Rock Island County | 92 | 53 | $11m | 19.7% |
| Williamson County | 96 | 51 | $11m | 20.3% |
| Champaign County | 65 | 38 | $8.5m | 20.8% |
| McLean County | 61 | 38 | $9.6m | 20.8% |
| Kendall County | 70 | 34 | $12m | 18.2% |
| Macon County | 57 | 33 | $5.6m | 25.5% |
| Kankakee County | 64 | 32 | $6.4m | 30.4% |
| LaSalle County | 58 | 32 | $5.9m | 14.6% |
| Adams County | 54 | 32 | $6.9m | 20.0% |
| DeKalb County | 48 | 23 | $6.4m | 27.3% |
| Whiteside County | 45 | 23 | $4.5m | 32.4% |
| Ogle County | 34 | 23 | $5.3m | 11.5% |
| Macoupin County | 37 | 22 | $4.3m | 11.1% |
| Vermilion County | 39 | 21 | $3.5m | 22.2% |
| Franklin County | 36 | 20 | $4.0m | — |
| Knox County | 33 | 19 | $3.6m | 24.0% |
| Boone County | 30 | 19 | $4.8m | — |
| Stephenson County | 29 | 18 | $3.0m | — |
| Marion County | 28 | 18 | $3.8m | — |
| Morgan County | 25 | 18 | $3.0m | — |
| Grundy County | 30 | 17 | $5.7m | — |
| Coles County | 32 | 16 | $3.0m | — |
| Fulton County | 27 | 16 | $3.2m | — |
| Jackson County | 26 | 16 | $3.9m | — |
| Effingham County | 25 | 16 | $3.6m | — |
| Clinton County | 28 | 15 | $4.0m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Mortgage Research Center originate in Illinois in 2024?
2,729 loans totalling $712m, from 5,111 applications reported for properties in Illinois.
What is Mortgage Research Center's denial rate in Illinois?
22.5% of decided applications in Illinois were denied, against 23.3% for all lenders in the state and 24.0% 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 Mortgage Research Center lend in most?
By originations: Cook County (478), St. Clair County (321), Madison County (148), Lake County (140), Will County (133).
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.