Illinois Mortgage Lending
1,026 lenders reporting under HMDA
Statewide mortgage activity. Lenders filed 394,104 HMDA-reported mortgage applications in Illinois in 2024, originating 203,770 loans and denying 64,895. That puts the statewide denial rate at 16.5% and the approval (origination) rate at 51.7%. The average loan amount across Illinois was $268,167 at an average note rate of 7.20%. 1,026 distinct institutions, banks, credit unions, and independent mortgage companies, filed HMDA data covering activity in the state. Applications span 102 counties and 15 metropolitan areas.
What drives state-level differences. State mortgage denial rates reflect applicant mix more than lender stance. Credit profiles, loan-to-value ratios, debt-to-income, property type, and rural-versus-urban composition all move the number before any lender policy does. Demographic lending data reported under HMDA shows variation across applicant groups, for example, White applicants had an approval rate of 61.1% and denial rate of 16.1%; while Black or African American applicants had an approval rate of 42.9% and denial rate of 27.7%. These are derived race categories as reported by applicants and do not by themselves prove causation; credit score, income, and loan-to-value are not reported in HMDA and drive much of the underlying variation. Top counties by volume include Cook County, DuPage County, Will County.
How to read this page. These are aggregate 2024 HMDA disclosures published by the Consumer Financial Protection Bureau, a federal transparency dataset, not a real-time market feed. A state-level number is useful for context but cannot tell you what rate, fees, or underwriting any individual lender will offer a specific borrower. This page is informational data reporting, not financial, legal, or mortgage advice. Shop at least three lenders, compare Loan Estimates line-by-line, and consult a licensed mortgage professional before applying. Data reflects the CFPB HMDA 2024 Snapshot National Loan-Level Dataset; demographic fields reflect derived categories as reported by applicants.
Nearby Lenders in Illinois
Top HMDA-reporting lenders active in Illinois. Compare any two side-by-side for rates, denial rates, and loan mix.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | Rocket Mortgage | 9,338 | 4.6% |
| 2 | Guaranteed Rate, INC. | 9,021 | 4.4% |
| 3 | United Wholesale Mortgage | 8,956 | 4.4% |
| 4 | JPMorgan Chase Bank, NA | 7,493 | 3.7% |
| 5 | Crosscountry Mortgage, LLC | 5,020 | 2.5% |
Lending by Race in Illinois
Derived race categories as reported under HMDA. Source: CFPB.
| Race | Applications | Approval Rate | Denial Rate |
|---|---|---|---|
| White | 225,916 | 61.1% | 16.1% |
| Black or African American | 36,065 | 42.9% | 27.7% |
| Asian | 24,179 | 57.5% | 15.9% |
| Joint | 6,112 | 62.5% | 13.6% |
| American Indian or Alaska Native | 2,066 | 41.0% | 31.4% |
| 2 or more minority races | 685 | 42.6% | 29.8% |
| Native Hawaiian or Other Pacific Islander | 459 | 44.7% | 30.1% |
Counties in Illinois
| County | Applications | Originated | Denial Rate | Avg Loan |
|---|---|---|---|---|
| Cook County | 148,304 | 70,838 | 17.9% | $347,453 |
| DuPage County | 29,522 | 15,547 | 15.5% | $318,772 |
| Will County | 28,359 | 14,339 | 16.5% | $248,988 |
| Lake County | 24,323 | 12,606 | 15.6% | $321,104 |
| Kane County | 19,243 | 10,241 | 15.4% | $261,789 |
| McHenry County | 13,845 | 7,500 | 14.8% | $229,990 |
| Madison County | 10,758 | 5,954 | 14.1% | $160,458 |
| St. Clair County | 10,601 | 5,420 | 17.2% | $187,444 |
| Winnebago County | 9,931 | 5,491 | 16.3% | $142,694 |
| Kendall County | 6,488 | 3,410 | 15.7% | $278,240 |
| Sangamon County | 6,111 | 3,902 | 12.9% | $155,962 |
| Peoria County | 5,546 | 3,317 | 14.5% | $144,486 |
| McLean County | 5,332 | 3,174 | 11.2% | $208,151 |
| Champaign County | 4,648 | 2,922 | 12.5% | $244,660 |
| Rock Island County | 4,593 | 2,590 | 14.4% | $135,253 |
| Tazewell County | 4,407 | 2,769 | 11.9% | $136,466 |
| Kankakee County | 3,575 | 1,866 | 17.7% | $165,881 |
| DeKalb County | 3,428 | 1,867 | 14.1% | $193,915 |
| LaSalle County | 2,818 | 1,653 | 14.2% | $160,774 |
| Macon County | 2,699 | 1,504 | 16.4% | $127,245 |
| Williamson County | 2,158 | 1,116 | 15.3% | $158,007 |
| Grundy County | 1,963 | 1,074 | 13.9% | $196,156 |
| Boone County | 1,902 | 998 | 17.7% | $176,293 |
| Vermilion County | 1,633 | 929 | 17.0% | $116,739 |
| Ogle County | 1,441 | 840 | 13.9% | $154,507 |
| Knox County | 1,400 | 788 | 16.7% | $98,171 |
| Macoupin County | 1,391 | 816 | 15.1% | $119,105 |
| Henry County | 1,329 | 789 | 13.2% | $127,536 |
| Monroe County | 1,257 | 748 | 14.6% | $210,696 |
| Adams County | 1,249 | 717 | 11.9% | $151,453 |
| Whiteside County | 1,183 | 675 | 15.4% | $115,211 |
| Woodford County | 1,096 | 715 | 10.6% | $156,551 |
| Clinton County | 1,092 | 664 | 11.8% | $168,553 |
| Stephenson County | 1,058 | 566 | 16.0% | $118,166 |
| Marion County | 1,017 | 472 | 19.7% | $117,065 |
| Livingston County | 1,002 | 603 | 13.6% | $116,437 |
| Jackson County | 998 | 458 | 19.9% | $161,784 |
| Franklin County | 972 | 371 | 18.9% | $115,484 |
| Coles County | 931 | 549 | 16.6% | $121,950 |
| Jefferson County | 915 | 433 | 21.1% | $124,607 |
| Fulton County | 877 | 532 | 14.5% | $103,358 |
| Logan County | 871 | 524 | 13.7% | $111,418 |
| Bureau County | 791 | 485 | 13.5% | $124,431 |
| Jersey County | 747 | 441 | 11.2% | $182,082 |
| Lee County | 746 | 429 | 16.4% | $127,426 |
| Christian County | 723 | 415 | 16.0% | $116,148 |
| Morgan County | 694 | 376 | 16.6% | $144,755 |
| Effingham County | 683 | 354 | 20.4% | $161,457 |
| Randolph County | 610 | 367 | 14.1% | $123,410 |
| Iroquois County | 606 | 318 | 18.8% | $127,541 |
| Jo Daviess County | 593 | 356 | 17.7% | $172,437 |
| Montgomery County | 560 | 295 | 15.9% | $119,357 |
| Saline County | 535 | 270 | 20.2% | $124,514 |
| Piatt County | 527 | 349 | 11.4% | $164,753 |
| McDonough County | 485 | 290 | 13.6% | $107,268 |
| Bond County | 476 | 257 | 18.3% | $151,029 |
| Mercer County | 454 | 278 | 12.8% | $116,916 |
| Edgar County | 447 | 258 | 18.6% | $107,013 |
| Fayette County | 443 | 231 | 21.2% | $133,916 |
| Ford County | 417 | 232 | 17.5% | $118,885 |
| Douglas County | 415 | 269 | 12.8% | $278,759 |
| Marshall County | 376 | 234 | 15.4% | $131,064 |
| De Witt County | 365 | 209 | 12.3% | $143,493 |
| Perry County | 356 | 162 | 21.6% | $116,236 |
| Washington County | 355 | 186 | 18.9% | $132,521 |
| Hancock County | 341 | 196 | 17.0% | $103,504 |
| Shelby County | 339 | 180 | 18.0% | $133,437 |
| Menard County | 335 | 208 | 12.2% | $146,731 |
| Mason County | 328 | 197 | 18.3% | $98,902 |
| Johnson County | 327 | 148 | 19.9% | $164,021 |
| Carroll County | 321 | 165 | 16.5% | $155,997 |
| Moultrie County | 313 | 174 | 21.1% | $120,655 |
| Crawford County | 311 | 164 | 20.9% | $102,846 |
| White County | 307 | 139 | 21.2% | $121,775 |
| Union County | 302 | 131 | 16.9% | $136,457 |
| Warren County | 286 | 164 | 16.4% | $128,881 |
| Clark County | 284 | 138 | 25.0% | $117,817 |
| Lawrence County | 279 | 140 | 25.4% | $96,541 |
| Massac County | 269 | 102 | 25.3% | $134,703 |
| Greene County | 257 | 145 | 17.9% | $102,043 |
| Wayne County | 244 | 92 | 29.1% | $106,107 |
| Pike County | 234 | 117 | 11.5% | $120,000 |
| Cass County | 233 | 153 | 12.0% | $100,150 |
| Clay County | 233 | 116 | 18.4% | $110,665 |
| Wabash County | 193 | 72 | 23.3% | $117,487 |
| Richland County | 186 | 83 | 31.2% | $142,742 |
| Jasper County | 178 | 95 | 21.9% | $124,888 |
| Hamilton County | 166 | 78 | 18.7% | $136,265 |
| Cumberland County | 152 | 72 | 19.1% | $136,447 |
| Putnam County | 136 | 75 | 17.6% | $156,029 |
| Stark County | 129 | 83 | 9.3% | $106,550 |
| Schuyler County | 118 | 76 | 12.7% | $117,627 |
| Calhoun County | 106 | 68 | 10.4% | $140,943 |
| Alexander County | 101 | 30 | 33.7% | $97,079 |
| Gallatin County | 99 | 43 | 26.3% | $102,778 |
| Henderson County | 84 | 37 | 21.4% | $94,167 |
| Pulaski County | 80 | 22 | 36.3% | $116,000 |
| Pope County | 77 | 36 | 15.6% | $150,325 |
| Edwards County | 73 | 27 | 30.1% | $89,658 |
| Scott County | 60 | 37 | 16.7% | $99,833 |
| Hardin County | 60 | 29 | 25.0% | $107,167 |
| Brown County | 44 | 20 | 11.4% | $112,273 |
Metro Areas in Illinois
Frequently Asked Questions
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Mortgage Lending Guides
Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. State geography per U.S. Census Bureau standards.
Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Demographic data reflects derived categories as reported by applicants. Provided for informational purposes only.
Read our methodology - how this data is sourced, computed, and verified.
Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.