MERITRUST 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 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%
49th10.0% deniedPricingmedian rate spread over APOR, weight 30%
87th-0.08 ptsProcesswithdrawn + incomplete share, weight 15%
47th12.1%Closing coststotal loan costs ÷ loan amount, weight 10%
33rd2.36% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 1,258 | 894 | 11.8% | 14.2% | 6.75% | $127M |
| 2024 | 1,257 | 911 | 10.3% | 12.3% | 6.75% | $174M |
| 2025 | 1,087 | 852 | 8.7% | 10.0% | 6.75% | $154M |
What MERITRUST 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: 113 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 260 investment properties.
Why MERITRUST Federal Credit Union denies applications
Primary reason reported for each of the 95 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at MERITRUST 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 | 95 | 54 | 26.7% |
| $50k – $100k | 348 | 249 | 14.1% |
| $100k – $150k | 220 | 168 | 9.2% |
| $150k – $250k | 125 | 96 | 9.4% |
| Over $250k | 32 | 23 | 14.8% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 54 | 46 | 8.0% |
| 25–34 | 254 | 207 | 5.1% |
| 35–44 | 210 | 141 | 19.8% |
| 45–54 | 130 | 91 | 14.7% |
| 55–64 | 108 | 69 | 15.9% |
| 65–74 | 79 | 54 | 19.1% |
| Over 74 | 21 | 13 | 13.3% |
Where MERITRUST Federal Credit Union lends
1 states and 39 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Kansas | 1,087 | 852 | 8.7% | 6.75% | #18 |
Frequently asked questions
MERITRUST Federal Credit Union denied 10.0% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 49th percentile of small mortgage lenders.
The most common reason MERITRUST Federal Credit Union gave in 2025 was "credit history", cited on 57.9% 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 MERITRUST Federal Credit Union originated in 2025 was 6.75%, and its median rate spread over the average prime offer rate was -0.08 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 45% of its applications were for home purchases, 55% for refinancing (including cash-out), and 0% 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.