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investment property refinance lenders · HMDA 2023–2025

Investment property refinance lenders in Illinois

Fat Boy Data analyzed investment property 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. 7,444 applications were decided by 494 lenders between 2023 and 2025.

Illinois at a glance

494Active lenders89 with 20+ decisions
81.4%Market approval rate6,060 of 7,444 decided
$165KTypical loanmedian lender, $10K brackets
96%Borrower take-up5,806 loans funded

How Illinois compares

Approval rate compared
Illinois81.4%All 616 counties77.7%
Typical loan compared
Illinois$165KAll 616 counties$235K

What the data shows

Loan Funder LLC made the most investment property refinances in Illinois, 407 of them.

First State Bank approved the highest share of applications among lenders with at least 20 decisions here, 100% of 67.

The typical investment property refinance here is $165K, 30% smaller than the the United States typical of $235K.

Approval rate of all 60 lenders with 20+ decisions here
0%25%50%75%100%One lender: 11% approved of 47One lender: 28% approved of 43One lender: 31% approved of 99One lender: 36% approved of 66One lender: 38% approved of 37One lender: 42% approved of 73One lender: 45% approved of 49One lender: 47% approved of 43One lender: 49% approved of 43One lender: 51% approved of 57One lender: 54% approved of 37One lender: 55% approved of 53One lender: 56% approved of 41One lender: 57% approved of 30One lender: 57% approved of 54One lender: 58% approved of 33One lender: 60% approved of 42One lender: 60% approved of 92One lender: 61% approved of 49United Wholesale Mortgage, LLC: 67% approved of 262One lender: 73% approved of 124One lender: 73% approved of 98One lender: 76% approved of 42One lender: 77% approved of 43One lender: 78% approved of 32One lender: 79% approved of 53One lender: 81% approved of 32One lender: 84% approved of 140One lender: 84% approved of 38Kiavi Funding, Inc.: 85% approved of 435One lender: 85% approved of 41One lender: 87% approved of 98One lender: 90% approved of 165One lender: 91% approved of 65One lender: 92% approved of 48One lender: 93% approved of 45One lender: 94% approved of 49Loan Funder LLC: 95% approved of 434The Loan Store, Inc.: 96% approved of 215One lender: 96% approved of 80One lender: 97% approved of 33One lender: 97% approved of 36One lender: 97% approved of 38One lender: 98% approved of 81One lender: 98% approved of 54One lender: 98% approved of 57One lender: 98% approved of 59One lender: 98% approved of 121INB, National Association: 99% approved of 202One lender: 100% approved of 67One lender: 100% approved of 58One lender: 100% approved of 57One lender: 100% approved of 53One lender: 100% approved of 49One lender: 100% approved of 46One lender: 100% approved of 43One lender: 100% approved of 36One lender: 100% approved of 32One lender: 100% approved of 32One lender: 100% approved of 31

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 refinance lenders in Illinois

LenderApprovalApprovedTaken upTypical loanLoans made
1Kiavi Funding, Inc.85%371 / 43599%$155K369
2Loan Funder LLC95%414 / 43498%$175K407
3United Wholesale Mortgage, LLCBroker only67%175 / 26299%$225K173
4The Loan Store, Inc.96%206 / 21591%$225K188
5INB, National Association99%199 / 202100%$65K198

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 489 more lenders.

One email unlocks every lender Fat Boy found.

You are seeing the 5 largest investment property 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

Bpl Mortgage, LLCJPMorgan Chase Bank, National AssociationRocket Mortgage, LLCRf Renovo Management Company, LLCFifth Third Bank, National AssociationGuaranteed Rate, Inc.First National Bank of OmahaOld National BankBank of SpringfieldCrosscountry Mortgage, LLCFoundation Mortgage CorporationFirst State BankThe Huntington National BankMidland States BankAlliance Community BankAmerican Commercial Bank & Trust, National AssociationRoyal United Mortgage LLCWintrust Bank, National AssociationDominion Financial Services, LLCWells Fargo Bank, National AssociationUnited Community BankThe Fisher National BankUnion Home Mortgage Corp.Bank of America, National AssociationLendingone, LLCU.S. Bank National AssociationBarrington Bank & Trust Company, National AssociationAmerican Heritage Lending, LLCNavy Federal Credit UnionHome State Bank, National Association

Other lending data for Illinois

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

Counties in Illinois

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