# Baxter Credit Union

> **Canonical URL:** https://saferate.com/lenders/baxter-credit-union


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


Baxter Credit Union is a credit union, headquartered in Vernon Hills, IL, serving borrowers nationwide, with 912 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 17% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 50% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300S8SHBRCI7UU819
- **Headquarters:** Vernon Hills, IL
- **Geographic Reach:** National
- **States Served:** 45
- **State List:** AL, AR, AZ, CA, CO, CT, DE, FL, GA, HI, IA, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, WA, WI, WV
- **Markets (MSAs):** 14
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Exceptional 🤩
- Score: 83/100
- Rating: ●●●●● (5/5)

### Pull Through: Sound ☺️
- Score: 50/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** +0.006%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,087
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 912
- **Dollar Volume:** $375 million
- **Applications Received:** 1,356
- **Market Share:** 3.00%

## Typical Borrower Profile

- **Average Loan Amount:** $410,877
- **Average Borrower Income:** $199,133
- **Average Property Value:** $554,463

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (71%)
- ⭐ **Jumbo Gold Superstar** (65%)
- ⭐ **Purchase Gold Superstar** (71%)
- ⭐ **Refinance Gold Superstar** (65%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 62/100 | 859 | +0.023% | $1,088 | Strong 😀 |
| Jumbo | 52/100 | 53 | -0.290% | $1,066 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 751 loans, Score: 62/100 (Strong)
- Refinance: 108 loans, Score: 58/100 (Sound)

**Jumbo:**
- Purchase: 43 loans, Score: 51/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 62/100 | 794 | $333M | +0.021% | Strong 😀 |
| Refinance | 58/100 | 118 | $42M | -0.094% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| IL | 185 | 0.15% | 70/100 |
| MN | 173 | 0.27% | 70/100 |
| WI | 56 | 0.08% | 57/100 |
| CA | 55 | 0.02% | 51/100 |
| FL | 49 | 0.02% | 49/100 |
| TX | 42 | 0.01% | 47/100 |
| NC | 28 | 0.02% | 46/100 |
| IN | 25 | 0.03% | 46/100 |
| GA | 24 | 0.02% | 46/100 |
| OH | 22 | 0.02% | 44/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Minneapolis | MN-WI | 154 | 70/100 |
| Chicago | IL | 105 | 65/100 |
| Non |  | 83 | 48/100 |
| Lake County, IL | IL | 67 | 76/100 |
| Anaheim | CA | 17 | 47/100 |
| Atlanta | GA | 14 | 42/100 |
| Houston | TX | 14 | 41/100 |
| Nashville | TN | 14 | 43/100 |
| Columbus, OH | OH | 13 | 43/100 |
| Kenosha, WI | WI | 13 | 47/100 |
| Phoenix | AZ | 13 | 41/100 |
| Milwaukee | WI | 12 | 42/100 |
| Dallas | TX | 10 | 37/100 |
| Indianapolis | IN | 10 | 39/100 |

## Where This Lender Ranks

Baxter Credit Union appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥉 **#3** in Lake County, IL for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/lake-county-il/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#4** in Lake County, IL Credit Unions
  - [View Full Rankings](https://saferate.com/lake-county-il/best-mortgage-lenders/credit-unions)
- 🏆 **#5** in Minnesota for Jumbo Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/minnesota/best-mortgage-lenders/credit-unions/jumbo-loans)
- 🏆 **#5** in Minneapolis Credit Unions
  - [View Full Rankings](https://saferate.com/minneapolis/best-mortgage-lenders/credit-unions)
- 🏆 **#5** in Minneapolis for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/minneapolis/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#5** in Minneapolis for Jumbo Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/minneapolis/best-mortgage-lenders/credit-unions/jumbo-loans)
- 🏆 **#7** in Minnesota for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/minnesota/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#7** in Kenosha, WI for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/kenosha-wi/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#8** in Minnesota Credit Unions
  - [View Full Rankings](https://saferate.com/minnesota/best-mortgage-lenders/credit-unions)
- 🏆 **#16** in Minneapolis
  - [View Full Rankings](https://saferate.com/minneapolis/best-mortgage-lenders)
- 🏆 **#18** in Lake County, IL
  - [View Full Rankings](https://saferate.com/lake-county-il/best-mortgage-lenders)
- 🏆 **#18** in Lake County, IL for Conventional Loans
  - [View Full Rankings](https://saferate.com/lake-county-il/best-mortgage-lenders/conventional-loans)
- 🏆 **#20** in Kenosha, WI for Conventional Loans
  - [View Full Rankings](https://saferate.com/kenosha-wi/best-mortgage-lenders/conventional-loans)

## Frequently Asked Questions

### What loan types does Baxter Credit Union offer?

Baxter Credit Union offers the following mortgage loan types: Conventional, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Baxter Credit Union offer mortgages?

Baxter Credit Union is a national lender offering mortgages in all 50 states plus Washington D.C.

### How competitive are Baxter Credit Union's mortgage rates?

Baxter Credit Union has a pricing score of 83/100 (Exceptional), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.006% above market average.

### What type of lender is Baxter Credit Union?

Baxter Credit Union is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Vernon Hills, IL.

### What is Baxter Credit Union's loan approval success rate?

Baxter Credit Union has a pull-through score of 50/100 (Sound). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/baxter-credit-union

### How to Cite

> "Baxter Credit Union Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/baxter-credit-union

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