Baxter Credit Union · Illinois · 2025

Baxter Credit Union in Illinois: approval rate, denial rate and rates (2025)

Baxter Credit Union took 1,497 mortgage applications in Illinois in 2025, ranking #59 of 1,150 lenders active in the state. It originated 61.3% of them and denied 17.8% (18.2% of the applications it decided), against a statewide denial rate of 17.1%.

1.5kApplicationsin IL
18.2%Decision denial ratestate 21.7%
7.25%Median ratestate 6.75%
$125,000Median loanstate $185,000
$204MVolume30 counties

Baxter Credit Union in Illinois vs the state

17.8%Denial rate+0.72 pts vs state
18.2%Decision denial rate-3.47 pts vs state
61.3%Origination rate+2.52 pts vs state
7.25%Median rate+0.50 pts vs state
0.18Rate spread (pts)-0.21 pts vs state
$136kMedian applicant income
917Loans originated
267Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,19170418.9%8.00%#62
20241,27278319.0%8.25%#62
20251,49791717.8%7.25%#59

What Baxter Credit Union lends in Illinois

By loan purpose

Home purchase 310 21% · 4.8% denied
Refinance 79 5% · 16.5% denied
Cash-out refinance 241 16% · 18.7% denied
Home improvement 356 24% · 15.5% denied
Other / HELOC 511 34% · 27.2% denied

By loan type

Conventional 1,497 100% · 17.8% denied

Why it denied Illinois applicants

Debt-to-income ratio 159 60%
Credit history 68 25%
Collateral 27 10%
Other 5 2%
Unverifiable information 4 1%
Incomplete application 2 1%
Employment history 1 0%
Insufficient cash 1 0%

Where in Illinois

Counties with the most Baxter Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lake County 55433297 17.5%
McHenry County 40226664 15.9%
Cook County 34219773 21.3%
DuPage County 633711 17.5%
Kane County 55388 14.5%
Will County 25134 16.0%
Winnebago County 1482 14.3%
DeKalb County 752 28.6%
Kendall County 532 40.0%
Jackson County 321 33.3%

Other large lenders in Illinois

LenderGradeApplicationsDenial rateMedian rate
Guaranteed RateB 17,4794.9%6.63%
Rocket MortgageC 16,97119.7%6.75%
United Shore Financial ServicesB 15,64413.0%6.50%
JPMorgan Chase BankB 13,5749.7%6.49%
U.S. BankD 10,07638.3%7.00%
Crosscountry MortgageB 8,7794.5%6.75%
Fifth Third BankD 8,62832.1%7.50%
The Huntington National BankD 8,22631.9%6.99%
BMO BankF 8,00732.7%8.33%
Loandepot.ComD 7,01917.7%6.88%

Frequently asked questions

Illinois: 1,497 applications in 2025, of which 917 were originated and 267 denied.

17.8% of all applications, or 18.2% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Baxter Credit Union originated in Illinois in 2025 was 7.25%, against a statewide median of 6.75%.

About this data. Figures are Baxter Credit Union's own HMDA filing for properties located in Illinois, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology