Home›Illinois›Investment property purchase
investment property lenders · HMDA 2023–2025

Investment property lenders in Illinois

Fat Boy Data analyzed investment property mortgage 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. 35,736 applications were decided by 778 lenders between 2023 and 2025.

Illinois at a glance

778Active lenders267 with 20+ decisions
88.1%Market approval rate31,477 of 35,736 decided
$195KTypical loanmedian lender, $10K brackets
96%Borrower take-up30,132 loans funded

How Illinois compares

Approval rate compared
Illinois88.1%All 616 counties87.5%
Typical loan compared
Illinois$195KAll 616 counties$255K

What the data shows

Loan Funder LLC made the most investment property mortgages in Illinois, 1,363 of them.

Republic Bank of Chicago approved the highest share of applications among lenders with at least 20 decisions here, 100% of 572.

The typical investment property mortgage here is $195K, 24% smaller than the the United States typical of $255K.

Approval rate of all 60 lenders with 20+ decisions here
0%25%50%75%100%One lender: 23% approved of 384One lender: 37% approved of 163One lender: 58% approved of 319One lender: 58% approved of 219One lender: 60% approved of 168One lender: 62% approved of 157One lender: 67% approved of 145One lender: 73% approved of 158One lender: 75% approved of 423One lender: 75% approved of 140One lender: 76% approved of 227One lender: 77% approved of 261One lender: 81% approved of 146One lender: 81% approved of 143One lender: 82% approved of 164One lender: 83% approved of 556One lender: 83% approved of 783One lender: 84% approved of 267United Wholesale Mortgage, LLC: 84% approved of 1,820One lender: 84% approved of 168One lender: 85% approved of 401One lender: 85% approved of 150Loan Funder LLC: 86% approved of 1,691One lender: 86% approved of 281One lender: 87% approved of 654One lender: 88% approved of 153One lender: 88% approved of 261One lender: 89% approved of 136One lender: 89% approved of 218One lender: 90% approved of 764One lender: 91% approved of 177One lender: 91% approved of 349One lender: 91% approved of 490One lender: 92% approved of 235One lender: 93% approved of 178Guaranteed Rate, Inc.: 93% approved of 1,061One lender: 93% approved of 243One lender: 94% approved of 142One lender: 94% approved of 181One lender: 95% approved of 192One lender: 95% approved of 282The Loan Store, Inc.: 95% approved of 856Crosscountry Mortgage, LLC: 96% approved of 802One lender: 96% approved of 357One lender: 96% approved of 254One lender: 96% approved of 167One lender: 97% approved of 382One lender: 97% approved of 153One lender: 97% approved of 156One lender: 98% approved of 289One lender: 98% approved of 419One lender: 98% approved of 375One lender: 98% approved of 196One lender: 99% approved of 324One lender: 99% approved of 752One lender: 99% approved of 333One lender: 100% approved of 572One lender: 100% approved of 276One lender: 100% approved of 175One lender: 100% approved of 167

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.

Investment property lenders in Illinois

LenderApprovalApprovedTaken upTypical loanLoans made
1United Wholesale Mortgage, LLCBroker only84%1,521 / 1,82099%$185K1,499
2Loan Funder LLC86%1,446 / 1,69194%$205K1,363
3Guaranteed Rate, Inc.93%990 / 1,06199%$215K979
4The Loan Store, Inc.95%817 / 85692%$205K748
5Crosscountry Mortgage, LLC96%766 / 80298%$225K753

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 773 more lenders.

One email unlocks every lender Fat Boy found.

You are seeing the 5 largest investment property mortgage 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

We email you the unlock link plus occasional updates on this market. We may also share your interest with mortgage providers so they can contact you.See how we use your data. Unsubscribe any time.

Also active in Illinois

Other lending data for Illinois

Counties in Illinois