Education Credit Union · Texas · 2025

Education Credit Union in Texas: approval rate, denial rate and rates (2025)

Education Credit Union took 307 mortgage applications in Texas in 2025, ranking #335 of 1,568 lenders active in the state. It originated 86.3% of them and denied 1.6% (1.8% of the applications it decided), against a statewide denial rate of 19.4%.

307Applicationsin TX
1.8%Decision denial ratestate 24.9%
7.00%Median ratestate 6.50%
$105,000Median loanstate $245,000
$33MVolume26 counties

Education Credit Union in Texas vs the state

1.6%Denial rate-17.80 pts vs state
1.8%Decision denial rate-23.15 pts vs state
86.3%Origination rate+31.44 pts vs state
7.00%Median rate+0.50 pts vs state
1.02Rate spread (pts)+0.83 pts vs state
$94kMedian applicant income
265Loans originated
5Denied

Trend in Texas

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232582580.0%7.63%#350
20242832362.1%7.50%#330
20253072651.6%7.00%#335

What Education Credit Union lends in Texas

By loan purpose

Home purchase 53 17% · 0.0% denied
Refinance 15 5% · 0.0% denied
Cash-out refinance 238 78% · 2.1% denied
Home improvement 1 0% · 0.0% denied

By loan type

Conventional 307 100% · 1.6% denied

Why it denied Texas applicants

Collateral 3 60%
Debt-to-income ratio 1 20%
Other 1 20%

Where in Texas

Counties with the most Education Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Randall County 1531332 1.3%
Potter County 89761 1.1%
Hutchinson County 18140 0.0%
Deaf Smith County 860 0.0%
Moore County 330 0.0%
Hansford County 330 0.0%
Swisher County 320 0.0%
Carson County 330 0.0%
Hale County 321 33.3%
Lubbock County 330 0.0%

Other large lenders in Texas

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 56,49111.0%6.25%
Rocket MortgageC 45,65822.4%6.63%
21st MortgageF 37,96145.9%9.94%
Dhi Mortgage CompanyB 26,34813.5%4.50%
Lennar MortgageA 21,95920.5%4.50%
Bank of AmericaF 18,00843.0%6.24%
JPMorgan Chase BankB 16,2609.8%6.45%
CMG MortgageA 15,9783.9%6.50%
Vanderbilt Mortgage and FinanceF 15,68344.7%10.50%
Triad Financial ServicesD 15,15850.0%9.35%

Frequently asked questions

Texas: 307 applications in 2025, of which 265 were originated and 5 denied.

1.6% of all applications, or 1.8% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.

The median rate on loans Education Credit Union originated in Texas in 2025 was 7.00%, against a statewide median of 6.50%.

About this data. Figures are Education 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