Gulf Winds Credit Union at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
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%
10th27.1% deniedPricingmedian rate spread over APOR, weight 30%
8th1.23 ptsProcesswithdrawn + incomplete share, weight 15%
2nd38.8%Closing coststotal loan costs ÷ loan amount, weight 10%
78th1.21% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 928 | 361 | 12.0% | 23.0% | 6.05% | $51M |
| 2024 | 801 | 350 | 12.0% | 21.2% | — | $51M |
| 2025 | 609 | 270 | 16.6% | 27.1% | 7.75% | $38M |
What Gulf Winds Credit Union 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: 136 home-equity lines, 0 reverse mortgages, 8 manufactured homes, 18 investment properties.
Why Gulf Winds Credit Union denies applications
Primary reason reported for each of the 101 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Gulf Winds Credit Union
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 75 | 26 | 48.1% |
| $50k – $100k | 218 | 91 | 29.8% |
| $100k – $150k | 144 | 72 | 21.7% |
| $150k – $250k | 105 | 51 | 21.5% |
| Over $250k | 40 | 27 | 3.6% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 85 | 29 | 43.1% |
| 35–44 | 113 | 52 | 27.4% |
| 45–54 | 162 | 85 | 21.3% |
| 55–64 | 136 | 58 | 25.6% |
| 65–74 | 72 | 31 | 20.0% |
| Over 74 | 29 | 11 | 31.3% |
Where Gulf Winds Credit Union lends
5 states and 30 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
Gulf Winds Credit Union denied 27.1% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 10th percentile of small mortgage lenders.
The most common reason Gulf Winds Credit Union gave in 2025 was "credit history", cited on 44.6% 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 Gulf Winds Credit Union originated in 2025 was 7.75%, and its median rate spread over the average prime offer rate was 1.23 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 28% of its applications were for home purchases, 62% for refinancing (including cash-out), and 10% for home improvement or other purposes. By loan type: 95% conventional, 3% FHA, 1% 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.