Financial Plus Credit Union · Illinois · 2025

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

Financial Plus Credit Union took 235 mortgage applications in Illinois in 2025, ranking #226 of 1,150 lenders active in the state. It originated 89.8% of them and denied 8.1% (8.1% of the applications it decided), against a statewide denial rate of 17.1%.

235Applicationsin IL
8.1%Decision denial ratestate 21.7%
5.75%Median ratestate 6.75%
$145,000Median loanstate $185,000
$37MVolume12 counties

Financial Plus Credit Union in Illinois vs the state

8.1%Denial rate-9.03 pts vs state
8.1%Decision denial rate-13.59 pts vs state
89.8%Origination rate+31.05 pts vs state
5.75%Median rate-1.00 pts vs state
-0.62Rate spread (pts)-1.01 pts vs state
$117kMedian applicant income
211Loans originated
19Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231068316.0%6.75%#327
202416111616.8%6.07%#262
20252352118.1%5.75%#226

What Financial Plus Credit Union lends in Illinois

By loan purpose

Home purchase 119 51% · 2.5% denied
Refinance 67 29% · 16.4% denied
Cash-out refinance 48 20% · 10.4% denied
Home improvement 1 0% · 0.0% denied

By loan type

Conventional 235 100% · 8.1% denied

Why it denied Illinois applicants

Credit history 8 42%
Debt-to-income ratio 6 32%
Collateral 5 26%

Where in Illinois

Counties with the most Financial Plus Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
LaSalle County 15714112 7.6%
Grundy County 30263 10.0%
Will County 13112 15.4%
Bureau County 12102 16.7%
Lee County 660 0.0%
Putnam County 550 0.0%
Kendall County 330 0.0%
Kankakee County 330 0.0%
DeKalb County 220 0.0%
Livingston County 220 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: 235 applications in 2025, of which 211 were originated and 19 denied.

8.1% of all applications, or 8.1% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Financial Plus Credit Union originated in Illinois in 2025 was 5.75%, against a statewide median of 6.75%.

About this data. Figures are Financial Plus 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