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NuMark Credit Union

Joliet, IL

NuMark Credit Union processed 1,226 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 563 loans with a 20.6% denial rate. Home Purchase was the primary loan purpose. Based in Joliet, IL. The approval rate of 45.9% 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. NuMark Credit Union's 45.9% origination rate tells you how often an application turned into funded money; the 20.6% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Credit history, Credit application incomplete, which together explain the majority of rejections. Most activity concentrated in Conventional loans (1,225 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.

1,226
Applications
563
Originated
20.6%
Denial Rate
$127,887
Avg Loan Amount
Avg Interest Rate: 8.002% Avg Applicant Income: $38,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 1,225 563 251 $127,980
FHA 1 0 1 $15,000

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for NuMark Credit Union (LEI: 549300E3X7YDJIUENL65) · 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 Approval rates exclude withdrawn / incomplete applications.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

Debt-to-income ratio
87
Credit history
67
Credit application incomplete
63
Collateral
49
Unverifiable information
10
Employment history
8
Insufficient cash
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 488 180 $171,742
Other 359 184 $82,577
Home Improvement 240 115 $76,792
Refinancing 83 54 $186,566
Cash-out Refinancing 46 23 $186,304

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 803 59.1% 24.8%
Black or African American 104 46.1% 30.8%
Asian * 30 50.0% 33.3%
Joint * 11 72.7% 0.0%
American Indian or Alaska Native * 2 0.0% 0.0%
Native Hawaiian or Other Pacific Islander * 1 100.0% 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 728 59.3% 22.9%
Hispanic or Latino 213 51.6% 33.8%
Joint * 18 38.9% 38.9%

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

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 NuMark Credit Union vs Guaranteed Rate, INC. →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did NuMark Credit Union process?
NuMark Credit Union processed 1,226 mortgage applications in the 2024 HMDA reporting year. Of these, 563 were originated (approved and funded), 114 were withdrawn by the applicant, and 252 were denied.
What is NuMark Credit Union's mortgage approval rate?
NuMark Credit Union has an approval (origination) rate of 45.9%, meaning 45.9% of all applications resulted in a funded mortgage. The denial rate is 20.6%.
What is the average loan amount at NuMark Credit Union?
The average mortgage loan amount at NuMark Credit Union is $127,887. The average interest rate is 8.002%. The average applicant income is $38,000.
What are the most common reasons for mortgage denial at NuMark Credit Union?
The most common reasons for mortgage denial at NuMark Credit Union are: Debt-to-income ratio, Credit history, Credit application incomplete. In total, 252 applications were denied out of 1,226 total applications.
What types of mortgage loans does NuMark Credit Union offer?
NuMark Credit Union processes Conventional, FHA loans. The most common type is Conventional with 1,225 applications and an average loan amount of $127,980.
What loan purposes does NuMark Credit Union serve?
NuMark Credit Union serves the following loan purposes: Home Purchase (488 applications), Other (359 applications), Home Improvement (240 applications), Refinancing (83 applications), Cash-out Refinancing (46 applications). Home Purchase is the most common purpose.
Where is NuMark Credit Union located?
NuMark Credit Union is headquartered in Joliet, IL. The lender is identified by LEI 549300E3X7YDJIUENL65 in HMDA data.
How does NuMark Credit Union compare in lending across racial demographics?
NuMark Credit Union reports demographic lending data under HMDA requirements. White applicants have an approval rate of 59.1% and denial rate of 24.8%; Black or African American applicants have an approval rate of 46.1% and denial rate of 30.8%; Asian applicants have an approval rate of 50.0% and denial rate of 33.3%. 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.