# ILLINOIS STATE

> **Canonical URL:** https://saferate.com/lenders/illinois-state

> **📋 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

ILLINOIS STATE is a credit union, headquartered in Normal, IL, serving borrowers across 15 states, with 144 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 5% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 45% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300TOZIPCBM0DLH67
- **Headquarters:** Normal, IL
- **Geographic Reach:** Multi-Region
- **States Served:** 15
- **State List:** AL, FL, IA, IL, IN, KY, MI, MN, MO, NE, NV, TN, TX, WA, WI
- **Markets (MSAs):** 4
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 99.4%
- **Brokered/Wholesale:** 0.6%

## Safe Rate Ratings

### Pricing: Exceptional 🤩
- Score: 95/100
- Rating: ●●●●● (5/5)

### Pull Through: Sound ☺️
- Score: 55/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** -0.243%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $584
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 144
- **Dollar Volume:** $32 million
- **Applications Received:** 165
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $220,417
- **Average Borrower Income:** $121,194

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (78%)
- ⭐ **Purchase Gold Superstar** (71%)
- ⭐ **Refinance Gold Superstar** (78%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 56/100 | 144 | -0.243% | $584 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 107 loans, Score: 51/100 (Sound)
- Refinance: 37 loans, Score: 59/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 51/100 | 107 | $24M | -0.230% | Sound ☺️ |
| Refinance | 59/100 | 37 | $8M | -0.280% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| IL | 122 | 0.10% | 70/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Bloomington, IL | IL | 73 | 75/100 |
| Non |  | 20 | 34/100 |
| Chicago | IL | 17 | 49/100 |
| Rockford, IL | IL | 11 | 47/100 |

## Frequently Asked Questions

### What loan types does ILLINOIS STATE offer?

ILLINOIS STATE offers the following mortgage loan types: Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does ILLINOIS STATE offer mortgages?

ILLINOIS STATE offers mortgages in 15 states: AL, FL, IA, IL, IN, KY, MI, MN, MO, NE, NV, TN, TX, WA, WI.

### How competitive are ILLINOIS STATE's mortgage rates?

ILLINOIS STATE has a pricing score of 95/100 (Exceptional), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.243% below market average.

### What type of lender is ILLINOIS STATE?

ILLINOIS STATE is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Normal, IL.

### What is ILLINOIS STATE's loan approval success rate?

ILLINOIS STATE has a pull-through score of 55/100 (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:** 2026-05-29
**Canonical URL:** https://saferate.com/lenders/illinois-state

### How to Cite

> "ILLINOIS STATE Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/illinois-state

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