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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%Lendingone, LLC: 23% approved of 384Rpe Home Inc.: 37% approved of 163Neighborhood Loans, Inc.: 58% approved of 319Bank of America, National Association: 58% approved of 219Deephaven Mortgage LLC: 60% approved of 168Homexpress Mortgage Corp.: 62% approved of 157Fifth Third Bank, National Association: 67% approved of 145Wells Fargo Bank, National Association: 73% approved of 158U.S. Bank National Association: 75% approved of 423PNC Bank, National Association: 75% approved of 140Flagstar Bank, National Association: 76% approved of 227Ocmbc, Inc.: 77% approved of 261Newrez LLC: 81% approved of 146Citibank, National Association: 81% approved of 143Cv3 Financial Services, LLC: 82% approved of 164Rocket Mortgage, LLC: 83% approved of 556JPMorgan Chase Bank, National Association: 83% approved of 783Pennymac Loan Services, LLC: 84% approved of 267United Wholesale Mortgage, LLC: 84% approved of 1,820Polish & Slavic: 84% approved of 168The Huntington National Bank: 85% approved of 401American Heritage Lending, LLC: 85% approved of 150Loan Funder LLC: 86% approved of 1,691Loandepot.Com, LLC: 86% approved of 281Bpl Mortgage, LLC: 87% approved of 654Nexera Holding LLC: 88% approved of 153American Pacific Mortgage Corporation: 88% approved of 261Dhi Mortgage Company, Ltd.: 89% approved of 136Resicentral, LLC: 89% approved of 218Kiavi Funding, Inc.: 90% approved of 764Amwest Funding Corp.: 91% approved of 177Barrington Bank & Trust Company, National Association: 91% approved of 349Fairway Independent Mortgage Corporation: 91% approved of 490Lima One Capital, LLC: 92% approved of 235The Federal Savings Bank: 93% approved of 178Guaranteed Rate, Inc.: 93% approved of 1,061Guild Mortgage Company LLC: 93% approved of 243Bankorion: 94% approved of 142Citadel Servicing Corporation: 94% approved of 181New American Funding, LLC: 95% approved of 192Carrollton Bank: 95% approved of 282The Loan Store, Inc.: 95% approved of 856Crosscountry Mortgage, LLC: 96% approved of 802FCB Banks: 96% approved of 357Citizens Equity First Credit Union: 96% approved of 254CNB Bank And Trust, N.A.: 96% approved of 167INB, National Association: 97% approved of 382United Community Bank: 97% approved of 153Prairie State Bank and Trust: 97% approved of 156Bank of Springfield: 98% approved of 289GREENSTATE Credit Union: 98% approved of 419Morton Community Bank: 98% approved of 375Iroquois Federal Savings and Loan Association: 98% approved of 196Heartland Bank And Trust Company: 99% approved of 324Rf Renovo Management Company, LLC: 99% approved of 752First State Bank: 99% approved of 333Republic Bank of Chicago: 100% approved of 572Alliance Community Bank: 100% approved of 276A & N Mortgage Services, Inc.: 100% approved of 175Dominion Financial Services, LLC: 100% approved of 167

Each dot is one lender, placed at its approval rate. Hover for the name and sample size.

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 the borrower accepted. Lenders with fewer than 20 decisions are marked as a limited sample and are never used for a “highest approval” claim. How these numbers are built.

Fat Boy found 773 more lenders.

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You are seeing the 5 largest investment property mortgage lenders in Illinois. Unlock every lender who decided one of these loans here, what they approved, how much borrowers actually took, and how far the nearest office is.

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  • Typical loan and full range
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Other lending data for Illinois

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Counties in Illinois

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