Connexus Credit Union · Illinois · 2025

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

Connexus Credit Union took 225 mortgage applications in Illinois in 2025, ranking #232 of 1,150 lenders active in the state. It originated 32.0% of them and denied 48.9% (57.0% of the applications it decided), against a statewide denial rate of 17.1%.

225Applicationsin IL
57.0%Decision denial ratestate 21.7%
6.49%Median ratestate 6.75%
$65,000Median loanstate $185,000
$6.3MVolume26 counties

Connexus Credit Union in Illinois vs the state

48.9%Denial rate+31.77 pts vs state
57.0%Decision denial rate+35.31 pts vs state
32.0%Origination rate-26.74 pts vs state
6.49%Median rate-0.26 pts vs state
-0.60Rate spread (pts)-0.98 pts vs state
$107kMedian applicant income
72Loans originated
110Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232337153.2%6.24%#199
20241907046.8%6.49%#234
20252257248.9%6.49%#232

What Connexus Credit Union lends in Illinois

By loan purpose

Home purchase 9 4% · 55.6% denied
Refinance 45 20% · 46.7% denied
Cash-out refinance 17 8% · 29.4% denied
Home improvement 70 31% · 44.3% denied
Other / HELOC 84 37% · 57.1% denied

By loan type

Conventional 225 100% · 48.9% denied

Why it denied Illinois applicants

Debt-to-income ratio 40 36%
Other 32 29%
Credit history 21 19%
Incomplete application 14 13%
Collateral 3 3%

Where in Illinois

Counties with the most Connexus Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Winnebago County 893535 39.3%
Cook County 40624 60.0%
DuPage County 1549 60.0%
Knox County 1466 42.9%
Will County 1246 50.0%
Lake County 915 55.6%
Kane County 835 62.5%
Boone County 631 16.7%
McHenry County 531 20.0%
DeKalb County 413 75.0%

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: 225 applications in 2025, of which 72 were originated and 110 denied.

48.9% of all applications, or 57.0% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Connexus Credit Union originated in Illinois in 2025 was 6.49%, against a statewide median of 6.75%.

About this data. Figures are Connexus 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