Mortgage lender · Corinth, TX · LEI 549300FOPGYPVP42FW34

Datcu review: approval odds, rates and grade (2025)

Datcu earns an F, in the bottom tier of small mortgage lenders. It turned down 34.9% of the applications it decided on in 2025, which ranks in the 5th percentile for approval odds. Its median loan was priced 0.92 points above the average prime offer rate, ranking in the 13th percentile on pricing. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

735Applications2025
49.8%Originatedof applications
34.9%Decision denial ratenational 22.6%
7.00%Median ratenational 6.63%
$72MLoan volume1 states

Datcu at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

26.7%Denial rate (all applications)+8.69 pts vs national
34.9%Denial rate (decided applications)+12.29 pts vs national
49.8%Origination rate-8.23 pts vs national
23.3%Withdrawn by applicant
0.3%Closed for incompleteness
7.00%Median interest rate+0.38 pts vs national
0.92Median rate spread (pts over APOR)+0.67 pts vs national
$135,000Median loan amount
$4,076Median total loan costs
$128kMedian applicant income
60%Median loan-to-value
0High-cost (HOEPA) loans

How the F grade breaks down

Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

5th34.9% denied

Pricingmedian rate spread over APOR, weight 30%

13th0.92 pts

Processwithdrawn + incomplete share, weight 15%

12th23.5%

Closing coststotal loan costs ÷ loan amount, weight 10%

19th3.02% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
202372336931.3%38.0%7.00%$46M
202466936726.2%32.3%7.50%$59M
202573536626.7%34.9%7.00%$72M

What Datcu lends

Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.

By loan purpose

Home purchase 135 18% · 14.1% denied
Refinance 338 46% · 47.3% denied
Cash-out refinance 260 35% · 6.2% denied
Home improvement 1 0% · 0.0% denied
Other / HELOC 1 0% · 100.0% denied

By loan type

Conventional 727 99% · 26.6% denied
FHA 8 1% · 37.5% denied

Also: 124 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 9 investment properties.

Why Datcu denies applications

Primary reason reported for each of the 196 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Incomplete application 66 34%
Debt-to-income ratio 51 26%
Credit history 48 24%
Collateral 21 11%
Other 7 4%
Unverifiable information 2 1%
Insufficient cash 1 1%

How these reasons compare nationally →

Who gets approved at Datcu

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k481064.3%
$50k – $100k19710138.4%
$100k – $150k20011727.3%
$150k – $250k20210432.0%
Over $250k833437.0%
Applicant ageApplicationsOriginatedDecision denial rate
25–34884434.3%
35–441849036.6%
45–5419110731.0%
55–641546742.2%
65–74814128.1%
Over 74341633.3%

Where Datcu lends

1 states and 35 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Texas73536626.7%7.00%#204

Frequently asked questions

Datcu denied 34.9% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 5th percentile of small mortgage lenders.

The most common reason Datcu gave in 2025 was "incomplete application", cited on 33.7% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.

The median interest rate on loans Datcu originated in 2025 was 7.00%, and its median rate spread over the average prime offer rate was 0.92 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 18% of its applications were for home purchases, 81% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 99% conventional, 1% FHA, 0% VA.

Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with Datcu. Data sources · Methodology