Mutual 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%
3rd42.0% deniedProcesswithdrawn + incomplete share, weight 15%
33rd15.6%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 201 | 82 | 31.3% | 35.8% | — | $7.3M |
| 2024 | 200 | 71 | 37.0% | 43.8% | — | $6.4M |
| 2025 | 282 | 94 | 35.5% | 42.0% | — | $10M |
What Mutual 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, 1 manufactured homes, 8 investment properties.
Who gets approved at Mutual 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 | 57 | 3 | 68.1% |
| $50k – $100k | 98 | 26 | 49.4% |
| $100k – $150k | 60 | 31 | 28.9% |
| $150k – $250k | 41 | 21 | 20.0% |
| Over $250k | 23 | 13 | 11.1% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 34 | 7 | 41.4% |
| 35–44 | 66 | 26 | 31.5% |
| 45–54 | 71 | 24 | 46.6% |
| 55–64 | 63 | 22 | 46.4% |
| 65–74 | 30 | 8 | 50.0% |
Where Mutual Credit Union lends
1 states and 32 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Mississippi | 282 | 94 | 35.5% | — | #68 |
Frequently asked questions
Mutual Credit Union denied 42.0% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 3rd percentile of small mortgage lenders.
In 2025, 14% of its applications were for home purchases, 32% for refinancing (including cash-out), and 54% 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.