Credit Union Mortgage Association · Illinois · 2025

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

Credit Union Mortgage Association took 110 mortgage applications in Illinois in 2025, ranking #334 of 1,150 lenders active in the state. It originated 50.9% of them and denied 7.3% (12.1% of the applications it decided), against a statewide denial rate of 17.1%.

110Applicationsin IL
12.1%Decision denial ratestate 21.7%
5.88%Median ratestate 6.75%
$295,000Median loanstate $185,000
$20MVolume16 counties

Credit Union Mortgage Association in Illinois vs the state

7.3%Denial rate-9.85 pts vs state
12.1%Decision denial rate-9.56 pts vs state
50.9%Origination rate-7.83 pts vs state
5.88%Median rate-0.88 pts vs state
-0.63Rate spread (pts)-1.01 pts vs state
$139kMedian applicant income
56Loans originated
8Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023351411.4%6.25%#505
2024823814.6%6.00%#367
2025110567.3%5.88%#334

What Credit Union Mortgage Association lends in Illinois

By loan purpose

Home purchase 67 61% · 3.0% denied
Refinance 30 27% · 16.7% denied
Cash-out refinance 12 11% · 8.3% denied
Home improvement 1 1% · 0.0% denied

By loan type

Conventional 105 95% · 7.6% denied
FHA 5 5% · 0.0% denied

Why it denied Illinois applicants

Debt-to-income ratio 6 75%
Other 1 13%
Collateral 1 13%

Where in Illinois

Counties with the most Credit Union Mortgage Association applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cook County 58332 3.4%
DuPage County 16103 18.8%
Will County 850 0.0%
Kankakee County 711 14.3%
Kane County 530 0.0%
Lake County 311 33.3%
Madison County 200 0.0%
DeKalb County 200 0.0%
McHenry County 210 0.0%
Perry 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: 110 applications in 2025, of which 56 were originated and 8 denied.

7.3% of all applications, or 12.1% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Credit Union Mortgage Association originated in Illinois in 2025 was 5.88%, against a statewide median of 6.75%.

About this data. Figures are Credit Union Mortgage Association'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