States › Illinois
Illinois mortgage lending
Every HMDA reporter's applications, originations and denial rate for properties in Illinois, with all 102 counties.
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. Record year 2024.
Illinois had 353,868 HMDA-reported mortgage applications and 207,609 originations ($57bn) in 2024, from 560 lenders with at least 25 applications in the state.
The statewide denial rate was 23.3% (national 24.3%) and the median rate spread 0.5 percentage points (national 0.3). Originations ran at 41.2 per 1,000 households, against 48.0 nationally.
Originations in the state went from 261,124 in 2018 to 207,609 in 2024; the denial rate moved from 23.3% to 23.3%.
The most active lenders by originations were Rocket Mortgage (9,338), Guaranteed Rate, Inc. (9,021) and United Wholesale Mortgage (8,956).
Most active lenders in Illinois
| # | Lender | Applications | Originations | Amount | Denial rate | Median spread |
|---|---|---|---|---|---|---|
| 1 | Rocket Mortgage | 12,919 | 9,338 | $2.0bn | 19.8% | 0.6 |
| 2 | Guaranteed Rate, Inc. | 13,991 | 9,021 | $3.0bn | 7.5% | 0.4 |
| 3 | United Wholesale Mortgage | 12,092 | 8,956 | $2.7bn | 14.3% | 0.4 |
| 4 | JPMorgan Chase Bank, NA | 11,455 | 7,493 | $3.2bn | 12.7% | 0.1 |
| 5 | Crosscountry Mortgage, LLC | 7,749 | 5,020 | $1.6bn | 4.1% | 0.6 |
| 6 | Huntington National Bank | 9,353 | 4,661 | $1.3bn | 40.3% | 0.5 |
| 7 | Us Bank, N.A. | 9,292 | 4,144 | $992m | 46.5% | 1.0 |
| 8 | Fairway Independent Mort Corp | 5,594 | 3,963 | $1.0bn | 7.9% | 0.7 |
| 9 | BMO Harris Bank NA | 8,186 | 3,721 | $745m | 42.4% | 0.9 |
| 10 | Neighborhood Loans, Inc. | 5,232 | 3,552 | $891m | 24.8% | 0.6 |
| 11 | Loandepot.com, LLC | 6,096 | 3,521 | $860m | 24.1% | 0.8 |
| 12 | Greenstate Credit Union | 4,509 | 3,114 | $680m | 11.0% | 0.3 |
| 13 | PNC Bank N.A. | 6,011 | 3,063 | $756m | 35.0% | 0.9 |
| 14 | Fifth Third Bank, National Association | 5,979 | 2,966 | $774m | 36.9% | 0.7 |
| 15 | New American Funding, LLC. | 5,734 | 2,907 | $600m | 15.4% | 0.8 |
| 16 | Mortgage Research Center | 5,111 | 2,729 | $712m | 22.5% | -0.0 |
| 17 | Bank of America NA | 6,508 | 2,604 | $703m | 46.3% | 0.9 |
| 18 | Citizens Equity First Credit U | 3,990 | 2,579 | $314m | 16.5% | 0.3 |
| 19 | Barrington Bank & Trust Company, N.A. | 3,883 | 2,579 | $824m | 7.2% | 0.4 |
| 20 | Guild Mortgage Company | 3,334 | 2,505 | $571m | 5.9% | 0.6 |
| 21 | American Pacific Mortgage Corporation | 2,965 | 2,215 | $635m | 8.4% | 0.7 |
| 22 | First American Bank | 3,737 | 2,079 | $296m | 34.8% | 0.3 |
| 23 | Old National Bank | 3,492 | 1,988 | $487m | 35.6% | -0.4 |
| 24 | Newrez LLC | 4,979 | 1,712 | $398m | 38.9% | 0.8 |
| 25 | Flat Branch Mortgage, Inc. | 1,945 | 1,632 | $280m | 2.7% | 0.5 |
| 26 | Discover Bank | 9,343 | 1,579 | $126m | 74.6% | 2.4 |
| 27 | Pennymac Loan Services LLC | 3,442 | 1,572 | $410m | 22.8% | 0.3 |
| 28 | Nationstar Mortgage | 2,357 | 1,499 | $232m | 20.2% | 1.6 |
| 29 | Navy Federal Credit Union | 3,540 | 1,419 | $281m | 40.9% | 0.6 |
| 30 | Proper Rate, LLC | 2,124 | 1,411 | $630m | 3.0% | 0.3 |
| 31 | Key Mortgage Services, Inc. | 1,920 | 1,392 | $439m | 4.2% | 0.3 |
| 32 | First Mid Bank and Trust, NA | 1,863 | 1,302 | $197m | 19.5% | 0.3 |
| 33 | United Community Bank | 1,695 | 1,299 | $154m | 11.1% | 0.1 |
| 34 | Busey Bank | 1,780 | 1,296 | $196m | 12.5% | 0.6 |
| 35 | Morton Community Bank | 1,523 | 1,233 | $170m | 10.5% | 0.3 |
| 36 | Freedom Mortgage Corporation | 2,945 | 1,171 | $316m | 22.5% | 0.6 |
| 37 | A&N Mortgage Services, Inc. | 1,162 | 1,162 | $427m | 0.0% | 0.3 |
| 38 | Fcb Banks | 1,490 | 1,156 | $238m | 9.4% | 0.8 |
| 39 | The Federal Savings Bank | 1,919 | 1,125 | $314m | 13.0% | 0.6 |
| 40 | Figure Lending LLC | 2,356 | 1,112 | $69m | 27.2% | 4.0 |
| 41 | Lower, LLC | 1,742 | 1,108 | $335m | 12.5% | 0.6 |
| 42 | First State Mortgage Services | 1,275 | 1,095 | $242m | 3.0% | 0.4 |
| 43 | Citibank, NA | 2,513 | 1,091 | $629m | 26.2% | 0.0 |
| 44 | The Loan Store, Inc | 1,432 | 1,079 | $337m | 6.1% | 0.3 |
| 45 | Union Home Mortgage Corp. | 1,491 | 1,072 | $363m | 9.9% | 0.5 |
| 46 | Consumers Credit Union | 1,489 | 1,049 | $153m | 17.4% | 0.8 |
| 47 | Towne Mortgage Company | 1,298 | 1,043 | $307m | 3.9% | 0.5 |
| 48 | Mutual of Omaha Mortgage | 1,649 | 1,033 | $298m | 21.7% | 0.5 |
| 49 | Associated Bank NA | 1,805 | 1,010 | $336m | 36.7% | 0.3 |
| 50 | Regions Bank | 2,192 | 1,001 | $119m | 44.2% | 0.6 |
| 51 | Loan Funder LLC | 1,836 | 993 | $236m | 15.0% | — |
| 52 | Guaranteed Rate Affinity, LLC | 1,611 | 984 | $297m | 13.0% | 0.5 |
| 53 | Compass Mortgage, Inc. | 1,191 | 977 | $282m | 3.6% | 0.6 |
| 54 | Inb, National Association | 1,080 | 916 | $169m | 6.1% | 0.3 |
| 55 | Bay Equity LLC | 1,304 | 902 | $279m | 5.3% | 0.3 |
| 56 | Lennar Mortgage, LLC | 1,130 | 901 | $360m | 5.9% | -0.9 |
| 57 | Midland States Bank | 1,423 | 882 | $117m | 26.3% | 0.2 |
| 58 | Spring Eq, LLC | 2,975 | 874 | $73m | 64.1% | 4.0 |
| 59 | Flagstar Bank NA | 1,448 | 849 | $206m | 30.0% | 0.5 |
| 60 | Wells Fargo Bank NA | 1,745 | 832 | $1.3bn | 31.0% | 0.1 |
Top 60 of 560 lenders with at least 25 applications in the state, by originations. 337 lenders have 100 or more applications here and link to a state-specific page.
Compared with the nation
| Measure | Illinois | United States |
|---|---|---|
| Denial rate | 23.3% | 24.3% |
| Median rate spread, pp | 0.5 | 0.3 |
| Originations with spread of 1.5 pp or more | 15.4% | 15.6% |
| Average originated loan | $273k | $329k |
| Originations per 1,000 households | 41.2 | 48.0 |
| Home purchase share of originations | 61.1% | 57.0% |
| FHA-insured share | 10.7% | 13.4% |
| VA-guaranteed share | 4.9% | 7.9% |
Trend, 2018–2024
ApplicationsOriginations
IllinoisUnited States
FHA share of originationsVA share
| Year | Applications | Originations | Amount | Denial rate | FHA | VA | Refinance share |
|---|---|---|---|---|---|---|---|
| 2018 | 424,490 | 261,124 | $59bn | 23.3% | 13.1% | 4.1% | 29.8% |
| 2019 | 491,985 | 313,719 | $78bn | 19.8% | 12.8% | 4.8% | 41.9% |
| 2020 | 773,526 | 518,206 | $132bn | 14.1% | 9.4% | 4.9% | 63.0% |
| 2021 | 772,968 | 514,514 | $134bn | 14.7% | 10.5% | 4.5% | 57.3% |
| 2022 | 437,955 | 264,579 | $72bn | 21.2% | 12.2% | 4.1% | 27.3% |
| 2023 | 321,534 | 189,096 | $49bn | 23.2% | 12.3% | 4.0% | 16.3% |
| 2024 | 353,868 | 207,609 | $57bn | 23.3% | 10.7% | 4.9% | 22.5% |
Yearly figures from the HMDA Data Browser aggregations for the state (all reporters).
Loan purpose and loan type, 2024
By purpose
Home purchase 61% (126,804)Home improvement 8% (16,364)Refinancing 11% (23,798)Cash-out refinancing 11% (22,846)Other purpose 9% (17,784)
By type
Conventional 84% (174,257)FHA 11% (22,255)VA 5% (10,157)USDA 0% (940)
Counties
| County | Applications | Originations | Per 1,000 households | Denial rate | Median spread | Lenders |
|---|---|---|---|---|---|---|
| Cook County | 133,927 | 73,060 | 34.8 | 26.3% | 0.5 | 302 |
| DuPage County | 26,658 | 15,885 | 45.3 | 21.9% | 0.4 | 125 |
| Will County | 25,473 | 14,717 | 60.2 | 23.7% | 0.5 | 130 |
| Lake County | 21,899 | 12,804 | 49.5 | 22.1% | 0.4 | 104 |
| Kane County | 17,104 | 10,457 | 56.6 | 21.7% | 0.5 | 91 |
| McHenry County | 12,320 | 7,639 | 65.0 | 20.5% | 0.5 | 82 |
| Madison County | 9,347 | 5,973 | 54.2 | 19.5% | 0.5 | 61 |
| Winnebago County | 8,985 | 5,552 | 47.9 | 22.0% | 0.6 | 55 |
| St. Clair County | 9,223 | 5,428 | 53.8 | 24.3% | 0.4 | 67 |
| Sangamon County | 5,670 | 3,910 | 46.1 | 16.3% | 0.3 | 43 |
| Kendall County | 5,766 | 3,479 | 76.7 | 22.1% | 0.5 | 50 |
| Peoria County | 5,089 | 3,319 | 42.7 | 19.1% | 0.4 | 32 |
| McLean County | 4,511 | 3,177 | 45.2 | 15.5% | 0.4 | 40 |
| Champaign County | 4,247 | 2,926 | 34.2 | 16.2% | 0.4 | 42 |
| Tazewell County | 4,009 | 2,771 | 51.3 | 15.6% | 0.4 | 27 |
| Rock Island County | 4,096 | 2,591 | 42.0 | 19.6% | 0.4 | 33 |
| DeKalb County | 2,992 | 1,904 | 48.1 | 20.0% | 0.5 | 33 |
| Kankakee County | 3,202 | 1,886 | 46.0 | 24.2% | 0.7 | 37 |
| LaSalle County | 2,570 | 1,667 | 36.7 | 19.0% | 0.6 | 27 |
| Macon County | 2,413 | 1,504 | 34.6 | 22.1% | 0.6 | 28 |
| Williamson County | 1,915 | 1,119 | 38.6 | 20.8% | 0.5 | 24 |
| Grundy County | 1,720 | 1,092 | 53.0 | 19.5% | 0.5 | 19 |
| Boone County | 1,732 | 1,017 | 52.3 | 24.3% | 0.6 | 17 |
| Vermilion County | 1,486 | 933 | 31.0 | 22.1% | 0.7 | 14 |
| Ogle County | 1,294 | 843 | 40.5 | 18.6% | 0.5 | 11 |
| Macoupin County | 1,252 | 823 | 46.8 | 19.7% | 0.4 | 10 |
| Henry County | 1,193 | 789 | 38.9 | 17.6% | 0.4 | 12 |
| Knox County | 1,247 | 789 | 37.6 | 22.2% | 0.7 | 14 |
| Monroe County | 1,147 | 750 | 54.1 | 19.0% | 0.4 | 13 |
| Adams County | 1,085 | 721 | 25.8 | 16.4% | 0.3 | 10 |
| Woodford County | 1,008 | 715 | 48.7 | 13.5% | 0.4 | 7 |
| Whiteside County | 1,055 | 676 | 29.2 | 20.7% | 0.7 | 9 |
| Clinton County | 933 | 664 | 45.6 | 15.8% | 0.6 | 10 |
| Livingston County | 907 | 606 | 41.5 | 17.4% | 0.7 | 5 |
| Stephenson County | 941 | 567 | 29.3 | 22.4% | 0.7 | 10 |
| Coles County | 851 | 549 | 26.4 | 21.5% | 0.4 | 9 |
| Fulton County | 775 | 532 | 38.6 | 18.9% | 0.6 | 6 |
| Logan County | 744 | 524 | 46.5 | 18.1% | 0.5 | 6 |
| Bureau County | 725 | 488 | 34.8 | 17.4% | 0.5 | 6 |
| Marion County | 848 | 472 | 30.4 | 28.4% | 0.6 | 11 |
| Jackson County | 905 | 461 | 20.1 | 27.7% | 0.5 | 10 |
| Jersey County | 648 | 441 | 55.4 | 15.4% | 0.4 | 6 |
| Jefferson County | 813 | 434 | 29.3 | 29.6% | 0.9 | 10 |
| Lee County | 692 | 434 | 32.5 | 21.2% | 0.7 | 5 |
| Christian County | 652 | 416 | 30.6 | 21.1% | 0.5 | 8 |
| Morgan County | 612 | 377 | 28.8 | 22.6% | 0.4 | 7 |
| Franklin County | 812 | 371 | 23.0 | 28.7% | 0.6 | 9 |
| Randolph County | 548 | 368 | 30.8 | 18.6% | 0.5 | 2 |
| Jo Daviess County | 560 | 358 | 34.5 | 22.4% | 0.1 | 3 |
| Effingham County | 632 | 354 | 25.4 | 27.4% | 0.6 | 8 |
| Piatt County | 472 | 349 | 50.4 | 14.3% | 0.5 | 3 |
| Iroquois County | 538 | 320 | 28.0 | 25.1% | 0.7 | 2 |
| Montgomery County | 496 | 295 | 26.1 | 22.0% | 0.6 | 3 |
| McDonough County | 438 | 291 | 24.5 | 18.3% | 0.4 | 3 |
| Mercer County | 405 | 278 | 42.3 | 16.9% | 0.5 | 3 |
| Saline County | 490 | 271 | 27.0 | 26.7% | 0.6 | 4 |
| Douglas County | 378 | 269 | 34.6 | 15.7% | 0.6 | 4 |
| Edgar County | 412 | 258 | 34.1 | 23.4% | 0.6 | 3 |
| Bond County | 439 | 257 | 41.8 | 24.0% | 0.6 | 2 |
| Ford County | 375 | 234 | 40.2 | 23.2% | 0.6 | 2 |
| Marshall County | 343 | 234 | 45.9 | 19.5% | 0.4 | 2 |
| Fayette County | 404 | 231 | 29.6 | 28.4% | 0.6 | 2 |
| Menard County | 310 | 210 | 40.2 | 15.6% | 0.4 | 2 |
| De Witt County | 319 | 209 | 31.7 | 16.9% | 0.6 | 1 |
| Hancock County | 329 | 201 | 26.4 | 22.0% | 0.3 | 2 |
| Mason County | 299 | 197 | 34.1 | 23.0% | 0.7 | 2 |
| Washington County | 326 | 186 | 32.1 | 25.4% | 0.5 | 2 |
| Shelby County | 303 | 180 | 20.2 | 24.7% | 0.6 | 1 |
| Moultrie County | 290 | 174 | 29.9 | 27.4% | 0.5 | 2 |
| Carroll County | 289 | 166 | 25.2 | 23.2% | 0.5 | 0 |
| Warren County | 265 | 165 | 24.3 | 20.9% | 0.9 | 1 |
| Crawford County | 279 | 164 | 21.9 | 27.4% | 0.6 | 3 |
| Perry County | 310 | 162 | 20.6 | 29.8% | 0.6 | 1 |
| Cass County | 219 | 153 | 29.8 | 15.2% | 0.7 | 2 |
| Johnson County | 293 | 148 | 36.1 | 28.1% | 0.5 | 0 |
| Greene County | 233 | 146 | 32.8 | 23.8% | 0.4 | 2 |
| Lawrence County | 250 | 140 | 25.6 | 33.2% | 0.6 | 2 |
| White County | 265 | 139 | 24.5 | 30.2% | 0.5 | 1 |
| Clark County | 266 | 138 | 21.1 | 32.3% | 0.5 | 3 |
| Union County | 263 | 131 | 19.1 | 25.5% | 0.7 | 0 |
| Pike County | 192 | 119 | 19.9 | 18.0% | 0.4 | 1 |
| Clay County | 203 | 116 | 21.8 | 26.2% | 0.7 | 2 |
| Massac County | 241 | 102 | 18.7 | 37.6% | 0.5 | 0 |
| Jasper County | 168 | 95 | 25.3 | 28.7% | 0.9 | 2 |
| Wayne County | 211 | 92 | 13.4 | 41.8% | 0.9 | 2 |
| Richland County | 179 | 83 | 12.9 | 40.3% | 0.7 | 0 |
| Stark County | 118 | 83 | 36.3 | 12.1% | 0.5 | 0 |
| Hamilton County | 129 | 78 | 23.0 | 27.4% | 0.5 | 1 |
| Schuyler County | 107 | 76 | 27.8 | 15.8% | 0.6 | 0 |
| Putnam County | 121 | 75 | 30.4 | 24.0% | 0.6 | 0 |
| Cumberland County | 135 | 72 | 17.2 | 28.2% | 0.9 | 0 |
| Wabash County | 156 | 72 | 15.2 | 36.6% | 0.6 | 0 |
| Calhoun County | 96 | 68 | 54.9 | 13.9% | 0.6 | 0 |
| Gallatin County | 95 | 43 | 20.5 | 36.1% | 1.0 | 0 |
| Henderson County | 74 | 37 | 13.7 | 31.6% | 0.8 | 0 |
| Scott County | 57 | 37 | 18.1 | 21.3% | 0.3 | 0 |
| Pope County | 69 | 36 | 26.0 | 23.5% | 0.6 | 0 |
| Alexander County | 98 | 30 | 15.8 | 50.7% | 0.9 | 0 |
| Hardin County | 58 | 29 | 18.8 | 31.3% | — | 0 |
| Edwards County | 67 | 27 | 10.1 | 43.1% | 0.6 | 0 |
| Pulaski County | 75 | 22 | 11.3 | 55.8% | — | 0 |
| Brown County | 36 | 20 | 9.8 | 20.0% | — | 0 |
By originations. Lenders: those with at least 25 applications in the county.
VA-guaranteed loans by month
VA publishes lender volume nationally, not by state; see the Aug 2026 VA lender table and the monthly series. The VA-guaranteed share of Illinois originations by year is charted above from HMDA.
Questions and answers
Which mortgage lenders are most active in Illinois?
By 2024 originations: Rocket Mortgage (9,338), Guaranteed Rate, Inc. (9,021), United Wholesale Mortgage (8,956), JPMorgan Chase Bank, NA (7,493), Crosscountry Mortgage, LLC (5,020). 560 lenders had at least 25 applications in the state.
What is the mortgage denial rate in Illinois?
23.3% of decided applications were denied in 2024, against 24.3% nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
How has mortgage lending in Illinois changed since 2018?
Originations went from 261,124 in 2018 to 207,609 in 2024; the denial rate moved from 23.3% to 23.3%.
Where does this data come from?
From the public HMDA loan/application register (FFIEC and CFPB) for 2024, the HMDA Data Browser aggregations for 2018–2024, and Census Bureau household estimates.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 and Data Browser aggregations 2018–2024 (FFIEC and CFPB, public domain); households from the Census Bureau ACS 2024 five-year estimates. Built 30 Sep 2026; data through 1 Aug 2026.