Navy Federal Credit Union in Illinois vs the state
25.9%Denial rate+8.80 pts vs state
38.2%Decision denial rate+16.50 pts vs state
41.0%Origination rate-17.77 pts vs state
7.34%Median rate+0.59 pts vs state
0.53Rate spread (pts)+0.15 pts vs state
$116kMedian applicant income
1,532Loans originated
969Denied
Trend in Illinois
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 3,119 | 1,123 | 34.8% | 7.20% | #23 |
| 2024 | 3,540 | 1,419 | 28.3% | 7.38% | #24 |
| 2025 | 3,739 | 1,532 | 25.9% | 7.34% | #26 |
What Navy Federal Credit Union lends in Illinois
By loan purpose
By loan type
Why it denied Illinois applicants
Where in Illinois
Counties with the most Navy Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cook County | 1,493 | 499 | 498 | 33.4% |
| Lake County | 362 | 172 | 63 | 17.4% |
| Will County | 276 | 99 | 85 | 30.8% |
| St. Clair County | 257 | 105 | 63 | 24.5% |
| DuPage County | 171 | 81 | 37 | 21.6% |
| Madison County | 135 | 69 | 24 | 17.8% |
| Kane County | 126 | 62 | 22 | 17.5% |
| McHenry County | 124 | 49 | 30 | 24.2% |
| Winnebago County | 77 | 46 | 10 | 13.0% |
| Kendall County | 67 | 38 | 13 | 19.4% |
Other large lenders in Illinois
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Guaranteed Rate | B | 17,479 | 4.9% | 6.63% |
| Rocket Mortgage | C | 16,971 | 19.7% | 6.75% |
| United Shore Financial Services | B | 15,644 | 13.0% | 6.50% |
| JPMorgan Chase Bank | B | 13,574 | 9.7% | 6.49% |
| U.S. Bank | D | 10,076 | 38.3% | 7.00% |
| Crosscountry Mortgage | B | 8,779 | 4.5% | 6.75% |
| Fifth Third Bank | D | 8,628 | 32.1% | 7.50% |
| The Huntington National Bank | D | 8,226 | 31.9% | 6.99% |
| BMO Bank | F | 8,007 | 32.7% | 8.33% |
| Loandepot.Com | D | 7,019 | 17.7% | 6.88% |
Frequently asked questions
Illinois: 3,739 applications in 2025, of which 1,532 were originated and 969 denied.
25.9% of all applications, or 38.2% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.
The median rate on loans Navy Federal Credit Union originated in Illinois in 2025 was 7.34%, against a statewide median of 6.75%.
About this data. Figures are Navy Federal 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