Cornerstone Credit Union · Illinois · 2025

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

Cornerstone Credit Union took 90 mortgage applications in Illinois in 2025, ranking #362 of 1,150 lenders active in the state. It originated 71.1% of them and denied 11.1% (13.5% of the applications it decided), against a statewide denial rate of 17.1%.

90Applicationsin IL
13.5%Decision denial ratestate 21.7%
6.43%Median ratestate 6.75%
$45,000Median loanstate $185,000
$3.9MVolume9 counties

Cornerstone Credit Union in Illinois vs the state

11.1%Denial rate-6.01 pts vs state
13.5%Decision denial rate-8.17 pts vs state
71.1%Origination rate+12.37 pts vs state
6.43%Median rate-0.33 pts vs state
0.64Rate spread (pts)+0.26 pts vs state
$74kMedian applicant income
64Loans originated
10Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231025822.6%#335
2024915718.7%#352
2025906411.1%6.43%#362

What Cornerstone Credit Union lends in Illinois

By loan purpose

Home purchase 41 46% · 17.1% denied
Refinance 10 11% · 0.0% denied
Cash-out refinance 6 7% · 0.0% denied
Home improvement 20 22% · 10.0% denied
Other / HELOC 13 14% · 7.7% denied

By loan type

Conventional 89 99% · 10.1% denied
USDA / RHS 1 1% · 100.0% denied

Why it denied Illinois applicants

Unverifiable information 2 29%
Credit history 2 29%
Collateral 1 14%
Debt-to-income ratio 1 14%
Other 1 14%

Where in Illinois

Counties with the most Cornerstone Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Stephenson County 53358 15.1%
Winnebago County 19142 10.5%
Whiteside County 980 0.0%
Ogle County 220 0.0%
Lee County 220 0.0%
LaSalle County 110 0.0%
Boone County 110 0.0%
DuPage County 110 0.0%
Will County 100 0.0%

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: 90 applications in 2025, of which 64 were originated and 10 denied.

11.1% of all applications, or 13.5% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Cornerstone Credit Union originated in Illinois in 2025 was 6.43%, against a statewide median of 6.75%.

About this data. Figures are Cornerstone 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