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cash-out refinance lenders · HMDA 2023–2025

Cash-out refinance lenders in Illinois

Fat Boy Data analyzed cash-out refinance activity in Illinois to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 85,796 applications were decided by 648 lenders between 2023 and 2025.

Illinois at a glance

648Active lenders247 with 20+ decisions
66.4%Market approval rate56,939 of 85,796 decided
$155KTypical loanmedian lender, $10K brackets
95%Borrower take-up54,075 loans funded

How Illinois compares

Approval rate compared
Illinois66.4%All 616 counties68.2%
Typical loan compared
Illinois$155KAll 616 counties$155K

What the data shows

Rocket Mortgage, LLC made the most cash-out refinances in Illinois, 10,679 of them.

GCS Credit Union approved the highest share of applications among lenders with at least 20 decisions here, 91% of 238.

Approval rate of all 60 lenders with 20+ decisions here
0%25%50%75%100%One lender: 22% approved of 1,003Amerisave Mortgage Corporation: 23% approved of 5,534One lender: 25% approved of 989One lender: 30% approved of 437One lender: 37% approved of 2,309One lender: 39% approved of 525One lender: 39% approved of 434One lender: 44% approved of 445Newrez LLC: 45% approved of 3,534One lender: 48% approved of 420One lender: 50% approved of 638One lender: 52% approved of 1,021One lender: 56% approved of 896One lender: 57% approved of 1,757One lender: 58% approved of 1,032One lender: 58% approved of 320One lender: 61% approved of 2,600One lender: 61% approved of 149One lender: 62% approved of 311One lender: 65% approved of 245One lender: 65% approved of 177One lender: 65% approved of 392One lender: 65% approved of 1,987One lender: 66% approved of 1,315One lender: 66% approved of 681One lender: 68% approved of 216One lender: 68% approved of 184One lender: 68% approved of 475One lender: 69% approved of 1,524One lender: 70% approved of 460BMO Bank National Association: 71% approved of 4,453One lender: 72% approved of 2,399United Wholesale Mortgage, LLC: 72% approved of 4,330One lender: 72% approved of 241One lender: 74% approved of 159One lender: 75% approved of 220One lender: 76% approved of 308One lender: 76% approved of 579One lender: 77% approved of 236One lender: 77% approved of 1,947Rocket Mortgage, LLC: 77% approved of 14,275One lender: 79% approved of 434One lender: 79% approved of 2,674One lender: 81% approved of 376One lender: 81% approved of 472One lender: 82% approved of 1,190One lender: 83% approved of 233One lender: 83% approved of 241One lender: 84% approved of 558One lender: 85% approved of 1,988One lender: 85% approved of 292One lender: 85% approved of 492One lender: 88% approved of 170One lender: 89% approved of 804One lender: 90% approved of 286One lender: 90% approved of 757One lender: 91% approved of 755One lender: 91% approved of 238One lender: 96% approved of 205One lender: 98% approved of 404

Each dot is one lender, placed at its approval rate. Hover for the sample size; the 5 largest lenders are named, the rest are behind the unlock.

Cash-out refinance lenders in Illinois

LenderApprovalApprovedTaken upTypical loanLoans made
1Rocket Mortgage, LLC77%11,043 / 14,27597%$135K10,679
2Amerisave Mortgage Corporation23%1,296 / 5,53497%$105K1,253
3BMO Bank National Association71%3,173 / 4,45397%$155K3,088
4United Wholesale Mortgage, LLCBroker only72%3,116 / 4,33096%$205K3,006
5Newrez LLC45%1,595 / 3,53498%$115K1,560

Ranked by lending volume. Approval is the share of decided applications a lender approved; taken up is the share of approvals borrowers accepted. Lenders with fewer than 20 decisions are marked as a limited sample and never used for a “highest approval” claim.How the numbers work.

Fat Boy found 643 more lenders.

One email unlocks every lender Fat Boy found.

You are seeing the 5 largest cash-out refinance lenders in Illinois. Unlock the full market: every lender that decided one of these loans here, what they approved, how much borrowers took, and how close the nearest office is.

  • Every lender in the market
  • Approval rate and borrower take-up
  • Typical loan size and range
  • Nearest office and distance
  • Branch count and application options
  • How easy each lender is to reach

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Also active in Illinois

JPMorgan Chase Bank, National AssociationLoandepot.Com, LLCThe Huntington National BankCarrington Mortgage Services, LLCConsumers Cooperative Credit UnionFreedom Mortgage CorporationNationstar Mortgage LLCCredit Union 1U.S. Bank National AssociationPennymac Loan Services, LLCGuaranteed Rate, Inc.New American Funding, LLCWells Fargo Bank, National AssociationMortgage Research Center, LLCLakeview Loan Servicing, LLCMutual of Omaha Mortgage, Inc.Old Second National BankCrosscountry Mortgage, LLCGREENSTATE Credit UnionFlagstar Bank, National AssociationNavy Federal Credit UnionLower, LLCGuild Mortgage Company LLCNew Day Financial, LLCBarrington Bank & Trust Company, National AssociationDuPage Credit UnionBaxter Credit UnionThe Federal Savings BankNeighborhood Loans, Inc.American Financing Corporation

Other lending data for Illinois

Mortgage lenders in IllinoisHome improvement loans in IllinoisRefinance in IllinoisInvestment property purchase in IllinoisInvestment cash-out refinance in IllinoisInvestment refinance in IllinoisInvestment home improvement in Illinois

Counties in Illinois

Cook CountyCountyDuPage CountyCountyLake CountyCountyWill CountyCountyKane CountyCountyMcHenry CountyCountyWinnebago CountyCountyMadison CountyCountySt. Clair CountyCountyChampaign CountyCountySangamon CountyCountyPeoria CountyCounty