FRC Intelligence · 2025 federal record

Elgin, IL: 23.6% of FHA applications were denied in 2025.

Of 2,745 FHA applications reaching a credit decision in this metro in 2025, 648 were formally denied.

The doors of Elgin, IL

The metro's highest-volume FHA lenders, by observed 2025 denial rate — a 14.8-point spread inside one metro:

Lender	Decisioned apps (this metro)	Denial rate
GUILD MORTGAGE COMPANY	140	10.7%
FREEDOM MORTGAGE CORPORATION	135	15.6%
United Wholesale Mortgage	238	23.1%
ROCKET MORTGAGE	174	24.1%
DHI Mortgage Company, LTD.	137	25.5%

What to do with this

A metro average is a tendency, not a rule — and the table above shows why: the same city contains very different doors. If you've been denied, decode the reason first, then pick the next door on the record, not on advertising.

Denied? The Denial Map → All 100 lenders → All 320 metros →

Source: CFPB HMDA 2025 (loan_type 2; decisioned = actions 1,2,3; denial = action 3), processed by FinanceRateCalc. Metro = HMDA derived MSA/MD; name per Census/OMB July 2023 delineation. Lender rows require ≥100 decisioned applications in this metro. Denial rates partly reflect applicant mix; historical observation, not advice; no individual outcome predicted. Free · no ads · no lender pays us · CC BY 4.0.