Members Alliance Credit Union · Illinois · 2025

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

Members Alliance Credit Union took 521 mortgage applications in Illinois in 2025, ranking #123 of 1,150 lenders active in the state. It originated 50.7% of them and denied 8.8% (14.4% of the applications it decided), against a statewide denial rate of 17.1%.

521Applicationsin IL
14.4%Decision denial ratestate 21.7%
6.25%Median ratestate 6.75%
$95,000Median loanstate $185,000
$30MVolume7 counties

Members Alliance Credit Union in Illinois vs the state

8.8%Denial rate-8.29 pts vs state
14.4%Decision denial rate-7.26 pts vs state
50.7%Origination rate-8.07 pts vs state
6.25%Median rate-0.50 pts vs state
0.10Rate spread (pts)-0.28 pts vs state
$84kMedian applicant income
264Loans originated
46Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
20243312287.3%6.50%#166
20255212648.8%6.25%#123

What Members Alliance Credit Union lends in Illinois

By loan purpose

Home purchase 178 34% · 3.4% denied
Refinance 63 12% · 3.2% denied
Cash-out refinance 45 9% · 2.2% denied
Other / HELOC 235 45% · 15.7% denied

By loan type

Conventional 520 100% · 8.9% denied
FHA 1 0% · 0.0% denied

Why it denied Illinois applicants

Debt-to-income ratio 27 59%
Credit history 18 39%
Collateral 1 2%

Where in Illinois

Counties with the most Members Alliance Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Winnebago County 37622632 8.5%
Boone County 35217 20.0%
Ogle County 19122 10.5%
McHenry County 220 0.0%
Stephenson County 220 0.0%
Whiteside County 100 0.0%
DeKalb County 110 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: 521 applications in 2025, of which 264 were originated and 46 denied.

8.8% of all applications, or 14.4% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Members Alliance Credit Union originated in Illinois in 2025 was 6.25%, against a statewide median of 6.75%.

About this data. Figures are Members Alliance 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