Credit Union 1 · Illinois · 2025

Credit Union 1 in Illinois: approval rate, denial rate and rates (2025)

Credit Union 1 took 967 mortgage applications in Illinois in 2025, ranking #80 of 1,150 lenders active in the state. It originated 36.8% of them and denied 27.3% (41.8% of the applications it decided), against a statewide denial rate of 17.1%.

967Applicationsin IL
41.8%Decision denial ratestate 21.7%
6.63%Median ratestate 6.75%
$75,000Median loanstate $185,000
$39MVolume32 counties

Credit Union 1 in Illinois vs the state

27.3%Denial rate+10.18 pts vs state
41.8%Decision denial rate+20.16 pts vs state
36.8%Origination rate-21.93 pts vs state
6.63%Median rate-0.13 pts vs state
0.90Rate spread (pts)+0.52 pts vs state
$108kMedian applicant income
356Loans originated
264Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,21840839.1%9.00%#61
20241,09242333.2%7.63%#70
202596735627.3%6.63%#80

What Credit Union 1 lends in Illinois

By loan purpose

Home purchase 57 6% · 3.5% denied
Refinance 9 1% · 66.7% denied
Cash-out refinance 888 92% · 28.5% denied
Home improvement 13 1% · 23.1% denied

By loan type

Conventional 967 100% · 27.3% denied

Why it denied Illinois applicants

Debt-to-income ratio 109 41%
Credit history 92 35%
Collateral 40 15%
Other 17 6%
Incomplete application 4 2%
Employment history 2 1%

Where in Illinois

Counties with the most Credit Union 1 applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cook County 628218186 29.6%
DuPage County 733414 19.2%
DeKalb County 56257 12.5%
Will County 502414 28.0%
Kane County 30108 26.7%
Lake County 2878 28.6%
Sangamon County 24115 20.8%
Winnebago County 1235 41.7%
Kendall County 1245 41.7%
Champaign County 1255 41.7%

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: 967 applications in 2025, of which 356 were originated and 264 denied.

27.3% of all applications, or 41.8% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Credit Union 1 originated in Illinois in 2025 was 6.63%, against a statewide median of 6.75%.

About this data. Figures are Credit Union 1'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