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I H Mississippi Valley Credit Union

MOLINE, IL

I H Mississippi Valley Credit Union processed 2,351 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 756 loans with a 7.8% denial rate. Home Purchase was the primary loan purpose. Based in MOLINE, IL. The approval rate of 32.2% reflects originated loans as a share of all applications.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% - HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. I H Mississippi Valley Credit Union's 32.2% origination rate tells you how often an application turned into funded money; the 7.8% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Credit history, Debt-to-income ratio, Collateral, which together explain the majority of rejections. Most activity concentrated in Conventional loans (2,199 applications).

How to read this page. These figures are aggregate HMDA disclosures, they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting, it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

2,351
Applications
756
Originated
7.8%
Denial Rate
$141,168
Avg Loan Amount
Avg Interest Rate: 6.916% Avg Applicant Income: $35,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 2,199 756 178 $140,994
FHA 136 0 4 $137,279
VA 16 0 1 $198,125

Top loan types - I H Mississippi Valley Credit Union

Top loan types - I H Mississippi Valley Credit Union Horizontal bar chart of the top 3 items by value (applications). Top loan types - I H Mississippi Valley Credit Union Top 3 1. Conventional 2,199 2. FHA 136 3. VA 16 Top 5 loan types by application volume at I H Mississippi Valley Credit Union (HMDA 2024). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for I H Mississippi Valley Credit Union (LEI: 549300AR4BCLQFU47165) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Credit history
97
Debt-to-income ratio
92
Collateral
16
Other
11
Credit application incomplete
3
Employment history
2
Unverifiable information
1
Insufficient cash
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 1,672 454 $163,935
Refinancing 383 203 $120,248
Other 159 59 $40,031
Home Improvement 120 26 $35,583
Cash-out Refinancing 17 14 $64,412

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 1,987 34.0% 7.3%
Black or African American 174 10.9% 8.1%
Joint * 40 32.5% 7.5%
Asian * 28 17.9% 3.6%
American Indian or Alaska Native * 6 0.0% 50.0%
Native Hawaiian or Other Pacific Islander * 4 0.0% 50.0%
2 or more minority races * 1 0.0% 0.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 1,884 32.6% 7.4%
Hispanic or Latino 268 19.8% 9.3%
Joint 72 38.9% 5.6%

Nearby Lenders in IL

Other HMDA-reporting lenders in IL with similar activity. Compare any two side-by-side.

Guaranteed Rate, INC.

CHICAGO, IL

124,492 apps 62,820 originated 5.1% denied

BMO Harris Bank NA

Chicago, IL

42,165 apps 18,166 originated 29.4% denied

Mutual of Omaha Mortgage

Lombard, IL

34,393 apps 19,951 originated 20.2% denied

Guaranteed Rate Affinity, LLC

CHICAGO, IL

21,826 apps 14,587 originated 6.0% denied

The Federal Savings Bank

CHICAGO, IL

20,656 apps 8,146 originated 9.3% denied
Compare I H Mississippi Valley Credit Union vs Guaranteed Rate, INC. →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did I H Mississippi Valley Credit Union process?
I H Mississippi Valley Credit Union processed 2,351 mortgage applications in the 2024 HMDA reporting year. Of these, 756 were originated (approved and funded), 96 were withdrawn by the applicant, and 183 were denied.
What is I H Mississippi Valley Credit Union's mortgage approval rate?
I H Mississippi Valley Credit Union has an approval (origination) rate of 32.2%, meaning 32.2% of all applications resulted in a funded mortgage. The denial rate is 7.8%.
What is the average loan amount at I H Mississippi Valley Credit Union?
The average mortgage loan amount at I H Mississippi Valley Credit Union is $141,168. The average interest rate is 6.916%. The average applicant income is $35,000.
What are the most common reasons for mortgage denial at I H Mississippi Valley Credit Union?
The most common reasons for mortgage denial at I H Mississippi Valley Credit Union are: Credit history, Debt-to-income ratio, Collateral. In total, 183 applications were denied out of 2,351 total applications.
What types of mortgage loans does I H Mississippi Valley Credit Union offer?
I H Mississippi Valley Credit Union processes Conventional, FHA, VA loans. The most common type is Conventional with 2,199 applications and an average loan amount of $140,994.
What loan purposes does I H Mississippi Valley Credit Union serve?
I H Mississippi Valley Credit Union serves the following loan purposes: Home Purchase (1,672 applications), Refinancing (383 applications), Other (159 applications), Home Improvement (120 applications), Cash-out Refinancing (17 applications). Home Purchase is the most common purpose.
Where is I H Mississippi Valley Credit Union located?
I H Mississippi Valley Credit Union is headquartered in MOLINE, IL. The lender is identified by LEI 549300AR4BCLQFU47165 in HMDA data.
How does I H Mississippi Valley Credit Union compare in lending across racial demographics?
I H Mississippi Valley Credit Union reports demographic lending data under HMDA requirements. White applicants have an approval rate of 34.0% and denial rate of 7.3%; Black or African American applicants have an approval rate of 10.9% and denial rate of 8.1%; Joint applicants have an approval rate of 32.5% and denial rate of 7.5%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.