ALTRA Federal Credit Union in Texas vs the state
16.8%Denial rate-2.61 pts vs state
20.0%Decision denial rate-4.94 pts vs state
64.6%Origination rate+9.70 pts vs state
6.99%Median rate+0.49 pts vs state
0.91Rate spread (pts)+0.72 pts vs state
$110kMedian applicant income
361Loans originated
94Denied
Trend in Texas
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 463 | 348 | 15.6% | 7.00% | #263 |
| 2024 | 548 | 337 | 18.6% | 7.38% | #242 |
| 2025 | 559 | 361 | 16.8% | 6.99% | #241 |
What ALTRA Federal Credit Union lends in Texas
By loan purpose
By loan type
Why it denied Texas applicants
Where in Texas
Counties with the most ALTRA Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Smith County | 376 | 239 | 66 | 17.6% |
| Cherokee County | 49 | 35 | 8 | 16.3% |
| Henderson County | 34 | 26 | 5 | 14.7% |
| Van Zandt County | 21 | 12 | 4 | 19.0% |
| Anderson County | 13 | 9 | 2 | 15.4% |
| Upshur County | 11 | 6 | 2 | 18.2% |
| Wood County | 11 | 6 | 1 | 9.1% |
| Rusk County | 8 | 7 | 0 | 0.0% |
| Gregg County | 5 | 3 | 1 | 20.0% |
| Kaufman County | 4 | 3 | 0 | 0.0% |
Other large lenders in Texas
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 56,491 | 11.0% | 6.25% |
| Rocket Mortgage | C | 45,658 | 22.4% | 6.63% |
| 21st Mortgage | F | 37,961 | 45.9% | 9.94% |
| Dhi Mortgage Company | B | 26,348 | 13.5% | 4.50% |
| Lennar Mortgage | A | 21,959 | 20.5% | 4.50% |
| Bank of America | F | 18,008 | 43.0% | 6.24% |
| JPMorgan Chase Bank | B | 16,260 | 9.8% | 6.45% |
| CMG Mortgage | A | 15,978 | 3.9% | 6.50% |
| Vanderbilt Mortgage and Finance | F | 15,683 | 44.7% | 10.50% |
| Triad Financial Services | D | 15,158 | 50.0% | 9.35% |
Frequently asked questions
Texas: 559 applications in 2025, of which 361 were originated and 94 denied.
16.8% of all applications, or 20.0% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.
The median rate on loans ALTRA Federal Credit Union originated in Texas in 2025 was 6.99%, against a statewide median of 6.50%.
About this data. Figures are ALTRA Federal Credit Union's own HMDA filing for properties located in Texas, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology