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Success Lending, LLC in Illinois

HMDA record for properties in Illinois, calendar year 2024. National record · Illinois overview

LEI 984500P059VACEAAFA22
Reporting agency Department of Housing and Urban Development
State Illinois

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.

Success Lending, LLC's 2024 HMDA record for Illinois covers 331 applications, 160 of them originated, worth $42m.

Its denial rate in the state was 29.3%, above the Illinois rate of 23.3% across all lenders and compared with the lender's national rate of 22.5%.

The median rate spread on its Illinois originations was 0.6 percentage points (state median 0.5).

Applications in the state were up 41% on 2023.

331applications in IL, 202432.7% of the lender's total
160loans originated$42m
29.3%denial rateIL all lenders 23.3%
0.6 ppmedian rate spreadIL 0.5 pp

Compared with the state and the lender's national record

MeasureIn IllinoisIllinois, all lendersSuccess Lending, LLC, all statesUnited States
Denial rate29.3%23.3%22.5%24.3%
Median rate spread, pp0.60.50.40.3
Originations with spread of 1.5 pp or more6.1%15.4%6.7%15.6%
Average originated loan$265k$273k$301k$329k
Home purchase share88.8%61.1%91.5%57.0%
FHA-insured share36.3%10.7%33.9%13.4%
VA-guaranteed share1.3%4.9%8.0%7.9%

Trend by year

ApplicationsOriginations

0165.53312023: 235 Applications2024: 331 Applications2023: 154 Originations2024: 160 Originations202220232024
Success Lending, LLC in Illinois: applications and originations, 2022–2024

This lender in stateIllinois, all lenders

0%14.7%29.3%2023: 20.2% This lender in state2024: 29.3% This lender in state202220232024
Denial rate by year, state rate dashed

Loan purpose and loan type in Illinois

By purpose

Home purchase 89% (142)Home improvement 2% (3)Refinancing 5% (8)Cash-out refinancing 4% (7)

By type

Conventional 63% (100)FHA 36% (58)VA 1% (2)

Denial reasons as coded

Credit application incomplete47.8%
Credit history14.9%
Debt-to-income ratio10.4%
Collateral10.4%
Other9%
Unverifiable information6%
Insufficient cash (downpayment, closing costs)1.5%
Employment history0%
Mortgage insurance denied0%

Share of 67 denials in Illinois by first denial reason coded (outlined bar: all lenders in the state).

Counties in Illinois

CountyApplicationsOriginationsAmountDenial rate
Cook County238109$29m31.1%
Will County4016$4.6m38.5%

Counties with at least 25 applications, by originations.

Questions and answers

How many mortgages did Success Lending, LLC originate in Illinois in 2024?

160 loans totalling $42m, from 331 applications reported for properties in Illinois.

What is Success Lending, LLC's denial rate in Illinois?

29.3% of decided applications in Illinois were denied, against 23.3% for all lenders in the state and 22.5% 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 Success Lending, LLC lend in most?

By originations: Cook County (109), Will County (16).

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.