Rock Valley Credit Union at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the C grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
31st14.9% deniedProcesswithdrawn + incomplete share, weight 15%
71st7.2%Closing coststotal loan costs ÷ loan amount, weight 10%
67th1.46% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 217 | 115 | 23.5% | 30.7% | 7.62% | $8.1M |
| 2024 | 230 | 135 | 15.7% | 21.1% | 6.94% | $11M |
| 2025 | 166 | 131 | 13.9% | 14.9% | 6.66% | $11M |
What Rock Valley Credit Union lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 13 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 0 investment properties.
Why Rock Valley Credit Union denies applications
Primary reason reported for each of the 23 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Rock Valley Credit Union
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 23 | 16 | 27.3% |
| $50k – $100k | 77 | 58 | 19.4% |
| $100k – $150k | 42 | 35 | 5.4% |
| $150k – $250k | 21 | 19 | 5.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 35–44 | 42 | 29 | 23.7% |
| 45–54 | 48 | 39 | 11.4% |
| 55–64 | 40 | 31 | 18.4% |
Where Rock Valley Credit Union lends
2 states and 6 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Illinois | 131 | 131 | 0.0% | 6.66% | #311 |
Frequently asked questions
Rock Valley Credit Union denied 14.9% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 31st percentile of small mortgage lenders.
The most common reason Rock Valley Credit Union gave in 2025 was "debt-to-income ratio", cited on 39.1% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans Rock Valley Credit Union originated in 2025 was 6.66%, and its median rate spread over the average prime offer rate was 0.00 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 15% of its applications were for home purchases, 85% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.