FIRST NORTHERN Credit Union · Illinois · 2025

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

FIRST NORTHERN Credit Union took 502 mortgage applications in Illinois in 2025, ranking #124 of 1,150 lenders active in the state. It originated 76.3% of them and denied 10.8% (11.8% of the applications it decided), against a statewide denial rate of 17.1%.

502Applicationsin IL
11.8%Decision denial ratestate 21.7%
6.99%Median ratestate 6.75%
$125,000Median loanstate $185,000
$61MVolume19 counties

FIRST NORTHERN Credit Union in Illinois vs the state

10.8%Denial rate-6.36 pts vs state
11.8%Decision denial rate-9.84 pts vs state
76.3%Origination rate+17.55 pts vs state
6.99%Median rate+0.24 pts vs state
0.75Rate spread (pts)+0.37 pts vs state
$110kMedian applicant income
383Loans originated
54Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
202345732110.1%7.04%#122
202451231015.0%7.24%#116
202550238310.8%6.99%#124

What FIRST NORTHERN Credit Union lends in Illinois

By loan purpose

Home purchase 270 54% · 1.9% denied
Refinance 15 3% · 0.0% denied
Cash-out refinance 60 12% · 16.7% denied
Home improvement 74 15% · 23.0% denied
Other / HELOC 83 17% · 26.5% denied

By loan type

Conventional 502 100% · 10.8% denied

Why it denied Illinois applicants

Debt-to-income ratio 23 43%
Credit history 14 26%
Other 10 19%
Collateral 6 11%
Employment history 1 2%

Where in Illinois

Counties with the most FIRST NORTHERN Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Winnebago County 24720019 7.7%
Cook County 996418 18.2%
Boone County 36254 11.1%
Will County 21144 19.0%
DuPage County 20122 10.0%
Ogle County 19180 0.0%
Kane County 11101 9.1%
Lake County 1090 0.0%
Stephenson County 760 0.0%
Kankakee County 641 16.7%

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: 502 applications in 2025, of which 383 were originated and 54 denied.

10.8% of all applications, or 11.8% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans FIRST NORTHERN Credit Union originated in Illinois in 2025 was 6.99%, against a statewide median of 6.75%.

About this data. Figures are FIRST NORTHERN 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