Lender in Illinois · HMDA 2025
New American Funding mortgages in Illinois
New American Funding's 2025 home-purchase and refinance lending in Illinois, compared with all lenders in the state.
New American Funding originated 2,797 owner-occupied single-family loans in Illinois from 3,101 completed applications, making it the state's #9 lender by volume.
Its median conventional purchase loan costs were $5,850 versus $6,090 for all Illinois lenders, at a median 30-year fixed rate of 6.875% (Illinois: 6.625%).
Loans in IL
2,797
of 3,101 applications
Denial rate
4.7%
Purchase · IL 9.2%
Rate spread
+0.51 pts
Conv. · IL +0.27 pts
Loan amount
$205,000
Purchase · IL $275,000
By loan purpose
| Purpose | Applications | Loans | Denial rate | 30-yr rate* | Rate spread* | Loan costs* | Median loan |
|---|---|---|---|---|---|---|---|
| Home purchase | 2,386 | 2,268 | 4.7% | 6.875% | +0.51 pts | $5,850 | $205,000 |
| Refinance | 305 | 267 | 11.8% | 6.624% | +0.30 pts | $3,520 | $335,000 |
| Cash-out refinance | 410 | 262 | 35.9% | 7.240% | +0.76 pts | $4,240 | $225,000 |
*Conventional loans only; medians with at least 20 loans.
Illinois counties where New American Funding ranks in the top 25
Showing the 30 counties where it ranks highest, of 80.
| County | Rank | Loans | Market share |
|---|---|---|---|
| Champaign County | 1 | 267 | 13.1% |
| Macon County | 1 | 162 | 12.8% |
| Moultrie County | 1 | 21 | 14.7% |
| Clay County | 1 | 17 | 20.7% |
| Madison County | 2 | 222 | 5.5% |
| Effingham County | 2 | 30 | 10.4% |
| Piatt County | 2 | 30 | 10.2% |
| Ford County | 2 | 25 | 11.7% |
| Cumberland County | 2 | 7 | 12.1% |
| Scott County | 2 | 4 | 12.5% |
| Mercer County | 3 | 15 | 6.5% |
| Bond County | 3 | 11 | 6.3% |
| Shelby County | 3 | 11 | 7.4% |
| Calhoun County | 3 | 4 | 14.3% |
| Hardin County | 3 | 1 | 8.3% |
| Macoupin County | 4 | 23 | 4.4% |
| Douglas County | 4 | 21 | 9.3% |
| De Witt County | 4 | 14 | 6.9% |
| Richland County | 4 | 5 | 8.1% |
| Fayette County | 5 | 10 | 6.3% |
| Pike County | 5 | 5 | 7.2% |
| St. Clair County | 6 | 141 | 3.8% |
| Vermilion County | 6 | 40 | 5.5% |
| Coles County | 6 | 27 | 7.3% |
| Henry County | 6 | 24 | 3.6% |
| Jersey County | 6 | 17 | 5.6% |
| Iroquois County | 6 | 9 | 3.5% |
| Wayne County | 6 | 3 | 3.5% |
| Rock Island County | 7 | 80 | 4.5% |
| Carroll County | 7 | 5 | 3.7% |
- New American Funding nationwide
- Illinois mortgage market
- New American Funding in Texas
- New American Funding in California
- New American Funding in Georgia
- New American Funding in Florida
- New American Funding in Missouri
- New American Funding in Pennsylvania
- New American Funding in Minnesota
- New American Funding in Washington
- New American Funding in Ohio
- New American Funding in Tennessee
- New American Funding in North Carolina
- New American Funding in Iowa
Source: FFIEC/CFPB HMDA 2025 public LAR. Statistical profile, not a review or offer. Methodology