Chicago-Naperville-Schaumburg Mortgage Lending in 2025

Explore mortgage lending activity in Chicago-Naperville-Schaumburg (MSA/MD Code 16984) using official HMDA public records. Review underwriting outcomes, borrower characteristics, and regional lending benchmarks.

Source: Federal Financial Institutions Examination Council (FFIEC) / Consumer Financial Protection Bureau (CFPB) • Dataset: 2025 Snapshot National Loan-Level Dataset • Updated: June 2, 2026 • Methodology →
Metropolitan Area 16984
77,972 Loans Originated
• Primary State: Illinois (IL)
• $29.80 Billion Originated Volume
• $315,000 Median Loan
Actionable Applications 95,673 +6.50% vs 2024
Approval Rate 84.52% -0.06 pp vs 2024
Denial Rate 15.48% +0.06 pp vs 2024
Loan Originations 77,972 +6.36% vs 2024
Originated Volume $29.80 Billion +14.56% vs 2024

Credit Decision Outcomes (2025)

Outcomes for 95,673 actionable applications (Actions 1, 2, and 3).

84.52%
15.48%
80,860 approved 14,813 denied
Action 1: Originated
77,972 (81.50%)
Action 2: Approved not accepted
2,888 (3.02%)
Action 3: Denied
14,813 (15.48%)
Action 4: Withdrawn (not in denominator)
24,822 —
Action 5: Incomplete (not in denominator)
7,070 —
How to read this: Approval rate uses Actions 1, 2, and 3. Actions 4 and 5 are excluded from the credit decision denominator. Read the full methodology →

How Chicago-Naperville-Schaumburg Compares

Metro vs. State Baseline (2025)

Metric Chicago-Naperville-Schaumburg Illinois
Actionable Apps 95,673 173,185
Approval Rate 84.52% 84.22%
Denial Rate 15.48% 15.78%
Originations 77,972 140,493
Originated Volume $29.80 Billion $45.46 Billion
Median Loan $315,000 $275,000
Compared against Illinois statewide baseline in 2025.

Lending Trends in Chicago-Naperville-Schaumburg

Year-over-year shifts: 2025 vs. 2024

Metric 2024 2025 Change
Consumer Universe 116,680 127,565 +9.33%
Actionable Apps 89,836 95,673 +6.50%
Originations 73,310 77,972 +6.36%
Approval Rate 84.58% 84.52% -0.06 pp
Denial Rate 15.42% 15.48% +0.06 pp
Median Loan $305,000 $315,000 +3.28%
Dollar Volume $26.02 Billion $29.80 Billion +14.56%

Applications by Borrower Income (Chicago-Naperville-Schaumburg)

Approval and denial rates across gross annual income tiers (2025)

Income Bracket Apps Approval % Denial %
$100k–$149,999 22,878 87.07% 12.93%
$150k+ 32,039 92.32% 7.68%
$50k–$99,999 30,783 80.46% 19.54%
<$50k 5,827 55.33% 44.67%
Income unavailable/entity 4,146 81.33% 18.67%
Gross annual borrower income relied upon during credit underwriting. Descriptive figures only; does not establish causation.

Geographic Market Context

Regional integration within Illinois (2025)

Official Geographic Designation: Metropolitan Statistical Area / Division 16984, anchored in Illinois (IL).
Metro Share of State Apps 55.24%
Metro Share of State Volume 65.56%
Geographic Notice: OpenFileData reports verified OMB-designated metropolitan boundaries. Detailed county-level vector choropleths are omitted unless authoritative polygon geometries and county-level consumer records are officially available, preventing data fabrication.

Parent State Association

Explore Illinois statewide mortgage activity

Chicago-Naperville-Schaumburg is part of OpenFileData’s statewide coverage of Illinois. View statewide approval benchmarks, metropolitan rankings, and institution profiles across all reporting jurisdictions.

Illinois Statewide Overview Active Profile
Statewide Actionable Applications: 173,185
Explore Illinois State Profile →

Methodology

Learn how HMDA credit outcomes, action codes, and consumer filters are computed.

Read Methodology →

Illinois Profile

Compare all metropolitan areas located in Illinois.

View State Page →

Download Data

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Methodology & Disclosures

Credit Decision Denominator Rule: Approval and denial rates are calculated strictly among actionable applications reaching a formal credit underwriting decision (Actions 1, 2, and 3: loan originated, approved but not accepted, denied). Applications withdrawn by borrower (Action 4) and closed for incompleteness (Action 5) are tracked in the broader Consumer Mortgage Universe for market completeness but excluded from credit decision rates as no underwriting decision occurred.

Official Data Source & Freeze Date: Official Home Mortgage Disclosure Act (HMDA) records published by the Federal Financial Institutions Examination Council (FFIEC) and Consumer Financial Protection Bureau (CFPB). Primary analysis uses the 2025 Snapshot National Loan-Level Dataset (frozen June 2, 2026); historical baseline uses the 2024 One-Year National Loan-Level Dataset (frozen June 2, 2026).

Public Interest Commitment: OpenFileData does not sell mortgage leads, lender placements, paid rankings, or individualized mortgage recommendations.

For complete technical formulas, SQL implementations, and data definitions, read the full Mortgage Lending Methodology Specification.