Gecu at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the D 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%
11th27.6% deniedPricingmedian rate spread over APOR, weight 30%
35th0.35 ptsProcesswithdrawn + incomplete share, weight 15%
18th25.2%Closing coststotal loan costs ÷ loan amount, weight 10%
57th2.14% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 2,873 | 1,492 | 19.5% | 27.1% | 7.00% | $167M |
| 2024 | 2,680 | 1,439 | 22.3% | 29.1% | 6.75% | $157M |
| 2025 | 2,236 | 1,193 | 20.7% | 27.6% | 6.38% | $148M |
What Gecu 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: 0 home-equity lines, 0 reverse mortgages, 9 manufactured homes, 96 investment properties.
Why Gecu denies applications
Primary reason reported for each of the 462 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Gecu
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 466 | 170 | 51.4% |
| $50k – $100k | 932 | 526 | 24.4% |
| $100k – $150k | 490 | 288 | 17.2% |
| $150k – $250k | 246 | 151 | 17.7% |
| Over $250k | 81 | 46 | 7.8% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 20 | 12 | 0.0% |
| 25–34 | 228 | 114 | 28.1% |
| 35–44 | 518 | 306 | 22.6% |
| 45–54 | 577 | 313 | 29.4% |
| 55–64 | 510 | 256 | 31.2% |
| 65–74 | 278 | 138 | 27.9% |
| Over 74 | 93 | 42 | 33.3% |
Where Gecu lends
3 states and 36 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Texas | 2,122 | 1,136 | 21.0% | 6.38% | #91 |
| New Mexico | 113 | 56 | 15.0% | 6.50% | #101 |
Frequently asked questions
Gecu denied 27.6% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 11th percentile of mid-size mortgage lenders.
The most common reason Gecu gave in 2025 was "debt-to-income ratio", cited on 53.7% 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 Gecu originated in 2025 was 6.38%, and its median rate spread over the average prime offer rate was 0.35 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 15% of its applications were for home purchases, 34% for refinancing (including cash-out), and 51% for home improvement or other purposes. By loan type: 99% 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.