Eecu at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the C grade breaks down
Each component is a percentile rank among 581 mid-size mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
4th42.3% deniedPricingmedian rate spread over APOR, weight 30%
37th0.32 ptsProcesswithdrawn + incomplete share, weight 15%
82nd9.9%Closing coststotal loan costs ÷ loan amount, weight 10%
95th0.68% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 2,813 | 1,580 | 32.2% | 35.9% | 7.75% | $227M |
| 2024 | 2,456 | 1,446 | 32.0% | 34.9% | 7.88% | $217M |
| 2025 | 1,969 | 1,011 | 38.1% | 42.3% | 7.25% | $191M |
What Eecu 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
By loan type
Also: 881 home-equity lines, 0 reverse mortgages, 12 manufactured homes, 36 investment properties.
Why Eecu denies applications
Primary reason reported for each of the 750 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Eecu
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 156 | 43 | 70.8% |
| $50k – $100k | 542 | 250 | 47.1% |
| $100k – $150k | 545 | 290 | 38.9% |
| $150k – $250k | 463 | 261 | 38.7% |
| Over $250k | 257 | 165 | 27.2% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 114 | 60 | 42.9% |
| 35–44 | 428 | 221 | 41.5% |
| 45–54 | 561 | 291 | 43.0% |
| 55–64 | 483 | 235 | 44.9% |
| 65–74 | 283 | 150 | 38.1% |
| Over 74 | 93 | 50 | 39.8% |
Where Eecu lends
1 states and 66 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Texas | 1,969 | 1,011 | 38.1% | 7.25% | #101 |
Frequently asked questions
Eecu denied 42.3% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 4th percentile of mid-size mortgage lenders.
The most common reason Eecu gave in 2025 was "debt-to-income ratio", cited on 42.4% 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 Eecu originated in 2025 was 7.25%, and its median rate spread over the average prime offer rate was 0.32 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 10% of its applications were for home purchases, 29% for refinancing (including cash-out), and 61% for home improvement or other purposes. By loan type: 100% conventional, 0% 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.