Lender in Illinois · HMDA 2025
Rate mortgages in Illinois
Rate's 2025 home-purchase and refinance lending in Illinois, compared with all lenders in the state.
Rate originated 8,469 owner-occupied single-family loans in Illinois from 9,033 completed applications, making it the state's #2 lender by volume.
Its median conventional purchase loan costs were $6,560 versus $6,090 for all Illinois lenders, at a median 30-year fixed rate of 6.75% (Illinois: 6.625%).
Loans in IL
8,469
of 9,033 applications
Denial rate
4.5%
Purchase · IL 9.2%
Rate spread
+0.32 pts
Conv. · IL +0.27 pts
Loan amount
$315,000
Purchase · IL $275,000
By loan purpose
| Purpose | Applications | Loans | Denial rate | 30-yr rate* | Rate spread* | Loan costs* | Median loan |
|---|---|---|---|---|---|---|---|
| Home purchase | 7,300 | 6,895 | 4.5% | 6.750% | +0.32 pts | $6,560 | $315,000 |
| Refinance | 1,237 | 1,150 | 5.3% | 6.475% | +0.15 pts | $3,070 | $395,000 |
| Cash-out refinance | 496 | 424 | 12.9% | 6.925% | +0.46 pts | $3,440 | $285,000 |
*Conventional loans only; medians with at least 20 loans.
Illinois counties where Rate ranks in the top 25
Showing the 30 counties where it ranks highest, of 46.
| County | Rank | Loans | Market share |
|---|---|---|---|
| Cook County | 1 | 4,330 | 8.4% |
| Grundy County | 1 | 93 | 11.6% |
| Monroe County | 1 | 71 | 12.3% |
| Randolph County | 1 | 56 | 21.2% |
| Putnam County | 1 | 5 | 8.5% |
| DuPage County | 2 | 877 | 7.9% |
| Will County | 2 | 777 | 7.3% |
| Lake County | 2 | 518 | 5.7% |
| Kane County | 2 | 461 | 6.3% |
| Kendall County | 2 | 191 | 7.3% |
| Perry County | 2 | 14 | 11.9% |
| McHenry County | 3 | 265 | 5.1% |
| Jo Daviess County | 4 | 8 | 4.5% |
| Washington County | 4 | 8 | 6.7% |
| Rock Island County | 5 | 95 | 5.4% |
| DeKalb County | 5 | 74 | 5.2% |
| Menard County | 5 | 8 | 4.3% |
| Sangamon County | 6 | 99 | 3.8% |
| Kankakee County | 6 | 59 | 4.5% |
| St. Clair County | 7 | 132 | 3.6% |
| LaSalle County | 7 | 50 | 3.8% |
| Lee County | 8 | 11 | 3.9% |
| Mercer County | 11 | 8 | 3.5% |
| Ogle County | 12 | 21 | 3.1% |
| Bond County | 12 | 3 | 1.7% |
| Livingston County | 13 | 10 | 1.9% |
| Clinton County | 13 | 8 | 1.9% |
| Boone County | 16 | 12 | 1.8% |
| Franklin County | 16 | 4 | 1.2% |
| Warren County | 16 | 2 | 1.6% |
Source: FFIEC/CFPB HMDA 2025 public LAR. Statistical profile, not a review or offer. Methodology