Credit Union 1 at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the F grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
3rd40.6% deniedPricingmedian rate spread over APOR, weight 30%
14th0.91 ptsProcesswithdrawn + incomplete share, weight 15%
4th33.4%Closing coststotal loan costs ÷ loan amount, weight 10%
76th1.26% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 1,629 | 531 | 39.4% | 54.7% | 9.00% | $68M |
| 2024 | 1,473 | 550 | 32.9% | 46.8% | 7.63% | $72M |
| 2025 | 1,483 | 567 | 27.0% | 40.6% | 6.63% | $65M |
What Credit Union 1 lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 674 home-equity lines, 0 reverse mortgages, 2 manufactured homes, 38 investment properties.
Why Credit Union 1 denies applications
Primary reason reported for each of the 401 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Credit Union 1
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 137 | 25 | 75.0% |
| $50k – $100k | 541 | 189 | 45.8% |
| $100k – $150k | 359 | 164 | 30.5% |
| $150k – $250k | 284 | 116 | 30.2% |
| Over $250k | 130 | 59 | 29.4% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 115 | 32 | 47.7% |
| 35–44 | 339 | 138 | 39.8% |
| 45–54 | 417 | 149 | 43.3% |
| 55–64 | 315 | 133 | 36.1% |
| 65–74 | 206 | 83 | 38.4% |
| Over 74 | 67 | 22 | 46.3% |
Where Credit Union 1 lends
17 states and 126 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Illinois | 967 | 356 | 27.3% | 6.63% | #80 |
| Georgia | 133 | 63 | 21.8% | 5.99% | #295 |
| Indiana | 92 | 29 | 26.1% | 6.75% | #285 |
| Nevada | 92 | 35 | 33.7% | 5.99% | #148 |
| Minnesota | 71 | 41 | 18.3% | 7.00% | #244 |
| Florida | 39 | 12 | 48.7% | 6.50% | #635 |
| Wisconsin | 27 | 10 | 22.2% | 6.81% | #393 |
| California | 18 | 4 | 27.8% | 4.99% | #656 |
| Michigan | 17 | 7 | 23.5% | 6.50% | #460 |
| Tennessee | 11 | 5 | 18.2% | 6.00% | #626 |
| Iowa | 6 | 3 | 16.7% | 6.25% | #411 |
| North Dakota | 5 | 2 | 20.0% | 6.88% | #164 |
Frequently asked questions
Credit Union 1 denied 40.6% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 3rd percentile of small mortgage lenders.
The most common reason Credit Union 1 gave in 2025 was "debt-to-income ratio", cited on 40.6% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans Credit Union 1 originated in 2025 was 6.63%, and its median rate spread over the average prime offer rate was 0.91 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 7% of its applications were for home purchases, 91% for refinancing (including cash-out), and 2% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.