TECH Credit Union · Illinois · 2025

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

TECH Credit Union took 73 mortgage applications in Illinois in 2025, ranking #397 of 1,150 lenders active in the state. It originated 56.2% of them and denied 37.0% (39.7% of the applications it decided), against a statewide denial rate of 17.1%.

73Applicationsin IL
39.7%Decision denial ratestate 21.7%
7.50%Median ratestate 6.75%
$65,000Median loanstate $185,000
$3.9MVolume4 counties

TECH Credit Union in Illinois vs the state

37.0%Denial rate+19.87 pts vs state
39.7%Decision denial rate+18.03 pts vs state
56.2%Origination rate-2.58 pts vs state
7.50%Median rate+0.75 pts vs state
1.35Rate spread (pts)+0.97 pts vs state
$85kMedian applicant income
41Loans originated
27Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023462739.1%7.13%#470
2024613145.9%7.13%#420
2025734137.0%7.50%#397

What TECH Credit Union lends in Illinois

By loan purpose

Home purchase 11 15% · 27.3% denied
Refinance 7 10% · 28.6% denied
Cash-out refinance 3 4% · 0.0% denied
Home improvement 26 36% · 26.9% denied
Other / HELOC 26 36% · 57.7% denied

By loan type

Conventional 73 100% · 37.0% denied

Why it denied Illinois applicants

Debt-to-income ratio 12 44%
Credit history 6 22%
Collateral 5 19%
Incomplete application 2 7%
Other 1 4%
Employment history 1 4%

Where in Illinois

Counties with the most TECH Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cook County 32290 0.0%
Will County 1090 0.0%
Kendall County 110 0.0%
Grundy 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: 73 applications in 2025, of which 41 were originated and 27 denied.

37.0% of all applications, or 39.7% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans TECH Credit Union originated in Illinois in 2025 was 7.50%, against a statewide median of 6.75%.

About this data. Figures are TECH 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