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investment property cash-out lenders · HMDA 2023–2025

Investment property cash-out lenders in Illinois

Fat Boy Data analyzed investment 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. 11,321 applications were decided by 429 lenders between 2023 and 2025.

Illinois at a glance

429Active lenders92 with 20+ decisions
73.9%Market approval rate8,368 of 11,321 decided
$185KTypical loanmedian lender, $10K brackets
93%Borrower take-up7,752 loans funded

How Illinois compares

Approval rate compared
Illinois73.9%All 616 counties73.1%
Typical loan compared
Illinois$185KAll 616 counties$205K

What the data shows

Loan Funder LLC made the most investment cash-out refinances in Illinois, 764 of them.

Rf Renovo Management Company, LLC approved the highest share of applications among lenders with at least 20 decisions here, 99% of 479.

Approval rate of all 60 lenders with 20+ decisions here
0%25%50%75%100%Lakeview Loan Servicing, LLC: 9% approved of 34Amerisave Mortgage Corporation: 20% approved of 266Credit Union 1: 27% approved of 45BMO Bank National Association: 27% approved of 110Neighborhood Loans, Inc.: 28% approved of 151Newrez LLC: 31% approved of 177Wells Fargo Bank, National Association: 33% approved of 90Carrington Mortgage Services, LLC: 36% approved of 105Kind Lending, LLC: 38% approved of 39Silver Hill Funding, LLC: 40% approved of 35Hometown Equity Mortgage, LLC: 43% approved of 139Lendingone, LLC: 45% approved of 195Clearedge Lending LLC: 55% approved of 47Loandepot.Com, LLC: 57% approved of 99U.S. Bank National Association: 57% approved of 60The Huntington National Bank: 59% approved of 56First American Bank: 59% approved of 101Homexpress Mortgage Corp.: 60% approved of 319Nationstar Mortgage LLC: 61% approved of 67Barrington Bank & Trust Company, National Association: 62% approved of 61Plaza Home Mortgage, Inc.: 63% approved of 49Deephaven Mortgage LLC: 65% approved of 77New American Funding, LLC: 66% approved of 56Rocket Mortgage, LLC: 66% approved of 235Pennymac Loan Services, LLC: 67% approved of 69Champions Funding, LLC: 67% approved of 91Fairway Independent Mortgage Corporation: 67% approved of 43Abl Rpc Residential Credit Acquisition LLC: 69% approved of 42United Wholesale Mortgage, LLC: 70% approved of 864JPMorgan Chase Bank, National Association: 70% approved of 165Heartland Bank And Trust Company: 74% approved of 35Ocmbc, Inc.: 75% approved of 206A&D Mortgage LLC: 75% approved of 61First Mid Bank & Trust, National Association: 76% approved of 33Guild Mortgage Company LLC: 78% approved of 78Angel Oak Mortgage Solutions LLC: 80% approved of 64Lima One Capital, LLC: 80% approved of 130Guaranteed Rate, Inc.: 82% approved of 235American Pacific Mortgage Corporation: 83% approved of 71Logan Finance Corporation: 87% approved of 52Union Home Mortgage Corp.: 87% approved of 38Bpl Mortgage, LLC: 87% approved of 749Amwest Funding Corp.: 88% approved of 100Loan Funder LLC: 88% approved of 882GREENSTATE Credit Union: 88% approved of 94Emporium Tpo LLC: 89% approved of 81Nexera Holding LLC: 90% approved of 124Crosscountry Mortgage, LLC: 91% approved of 116American Heritage Lending, LLC: 91% approved of 176The Loan Store, Inc.: 92% approved of 145FCB Banks: 93% approved of 76Citadel Servicing Corporation: 94% approved of 233Finance of America Mortgage LLC: 95% approved of 37Citizens Equity First Credit Union: 96% approved of 74Ameritrust Mortgage Corporation: 96% approved of 57Resicentral, LLC: 97% approved of 37Constructive Loans, LLC: 97% approved of 38Velocity Commercial Capital, LLC: 99% approved of 308Rf Renovo Management Company, LLC: 99% approved of 479Dominion Financial Services, LLC: 100% approved of 96

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

Investment property cash-out lenders in Illinois

LenderApprovalApprovedTaken upTypical loanLoans made
1Loan Funder LLC88%777 / 88298%$195K764
2United Wholesale Mortgage, LLCBroker only70%602 / 86499%$175K597
3Bpl Mortgage, LLC87%654 / 74988%$155K575
4Rf Renovo Management Company, LLC99%476 / 479100%$225K475
5Homexpress Mortgage Corp.Broker only60%192 / 31997%$235K186

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 424 more lenders.

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You are seeing the 5 largest investment cash-out refinance 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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Other lending data for Illinois

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