Legacy Community Federal 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 C 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%
34th13.8% deniedProcesswithdrawn + incomplete share, weight 15%
57th10.0%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 147 | 95 | 17.0% | 18.0% | — | $12M |
| 2024 | 162 | 104 | 17.3% | 18.5% | — | $14M |
| 2025 | 201 | 136 | 12.4% | 13.8% | — | $30M |
What Legacy Community Federal 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: 0 home-equity lines, 0 reverse mortgages, 5 manufactured homes, 3 investment properties.
Why Legacy Community Federal Credit Union denies applications
Primary reason reported for each of the 25 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Legacy Community Federal 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 | 27 | 14 | 37.0% |
| $50k – $100k | 57 | 40 | 14.0% |
| $100k – $150k | 51 | 38 | 6.7% |
| $150k – $250k | 41 | 28 | 2.6% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 31 | 18 | 12.0% |
| 35–44 | 50 | 31 | 14.0% |
| 45–54 | 32 | 28 | 6.5% |
| 55–64 | 40 | 30 | 12.8% |
| 65–74 | 35 | 21 | 20.0% |
Where Legacy Community Federal Credit Union lends
1 states and 20 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Alabama | 201 | 136 | 12.4% | — | #155 |
Frequently asked questions
Legacy Community Federal Credit Union denied 13.8% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 34th percentile of small mortgage lenders.
The most common reason Legacy Community Federal Credit Union gave in 2025 was "credit history", cited on 44.0% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
In 2025, 39% of its applications were for home purchases, 26% for refinancing (including cash-out), and 35% 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.