Mct 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 B 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%
33rd14.4% deniedPricingmedian rate spread over APOR, weight 30%
78th0.03 ptsProcesswithdrawn + incomplete share, weight 15%
63rd8.9%Closing coststotal loan costs ÷ loan amount, weight 10%
92nd0.62% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 229 | 179 | 13.5% | 14.5% | 5.50% | $28M |
| 2024 | 162 | 131 | 11.7% | 12.6% | 6.25% | $18M |
| 2025 | 168 | 131 | 13.1% | 14.4% | 6.25% | $23M |
What Mct 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, 0 manufactured homes, 17 investment properties.
Why Mct Credit Union denies applications
Primary reason reported for each of the 22 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Mct Credit Union
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 47 | 34 | 12.8% |
| $100k – $150k | 50 | 41 | 16.3% |
| $150k – $250k | 34 | 28 | 6.7% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 25 | 16 | 20.0% |
| 35–44 | 30 | 24 | 14.3% |
| 45–54 | 33 | 27 | 12.9% |
| 55–64 | 34 | 27 | 18.2% |
| 65–74 | 28 | 22 | 15.4% |
Where Mct Credit Union lends
1 states and 13 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Texas | 168 | 131 | 13.1% | 6.25% | #449 |
Frequently asked questions
Mct Credit Union denied 14.4% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 33rd percentile of small mortgage lenders.
The most common reason Mct Credit Union gave in 2025 was "debt-to-income ratio", cited on 45.5% 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 Mct Credit Union originated in 2025 was 6.25%, and its median rate spread over the average prime offer rate was 0.03 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 33% of its applications were for home purchases, 37% for refinancing (including cash-out), and 30% 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.