Scott Credit Union · Illinois · 2025

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

Scott Credit Union took 1,133 mortgage applications in Illinois in 2025, ranking #73 of 1,150 lenders active in the state. It originated 67.4% of them and denied 20.9% (23.6% of the applications it decided), against a statewide denial rate of 17.1%.

1.1kApplicationsin IL
23.6%Decision denial ratestate 21.7%
6.63%Median ratestate 6.75%
$105,000Median loanstate $185,000
$124MVolume39 counties

Scott Credit Union in Illinois vs the state

20.9%Denial rate+3.80 pts vs state
23.6%Decision denial rate+1.95 pts vs state
67.4%Origination rate+8.69 pts vs state
6.63%Median rate-0.13 pts vs state
0.19Rate spread (pts)-0.19 pts vs state
$100kMedian applicant income
764Loans originated
237Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,11270626.7%6.88%#67
20241,08773522.9%7.00%#71
20251,13376420.9%6.63%#73

What Scott Credit Union lends in Illinois

By loan purpose

Home purchase 456 40% · 3.5% denied
Refinance 77 7% · 15.6% denied
Cash-out refinance 143 13% · 14.7% denied
Home improvement 245 22% · 37.6% denied
Other / HELOC 212 19% · 45.3% denied

By loan type

Conventional 1,061 94% · 21.7% denied
FHA 37 3% · 16.2% denied
VA 35 3% · 2.9% denied

Why it denied Illinois applicants

Debt-to-income ratio 71 30%
Credit history 67 28%
Other 55 23%
Collateral 21 9%
Unverifiable information 11 5%
Insufficient cash 5 2%
Incomplete application 4 2%
Employment history 3 1%

Where in Illinois

Counties with the most Scott Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
St. Clair County 408270100 24.5%
Madison County 40230157 14.2%
Monroe County 563519 33.9%
Clinton County 513112 23.5%
Cook County 291115 51.7%
Montgomery County 29164 13.8%
Marion County 25135 20.0%
Fayette County 21161 4.8%
Macoupin County 19153 15.8%
Bond County 1281 8.3%

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: 1,133 applications in 2025, of which 764 were originated and 237 denied.

20.9% of all applications, or 23.6% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Scott Credit Union originated in Illinois in 2025 was 6.63%, against a statewide median of 6.75%.

About this data. Figures are Scott 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