Neches Federal Credit Union · Texas · 2025

Neches Federal Credit Union in Texas: approval rate, denial rate and rates (2025)

Neches Federal Credit Union took 588 mortgage applications in Texas in 2025, ranking #235 of 1,568 lenders active in the state. It originated 85.2% of them and denied 9.2% (9.2% of the applications it decided), against a statewide denial rate of 19.4%.

588Applicationsin TX
9.2%Decision denial ratestate 24.9%
6.25%Median ratestate 6.50%
$115,000Median loanstate $245,000
$80MVolume16 counties

Neches Federal Credit Union in Texas vs the state

9.2%Denial rate-10.25 pts vs state
9.2%Decision denial rate-15.72 pts vs state
85.2%Origination rate+30.32 pts vs state
6.25%Median rate-0.25 pts vs state
-0.07Rate spread (pts)-0.26 pts vs state
$115kMedian applicant income
501Loans originated
54Denied

Trend in Texas

YearApplicationsOriginatedDenial rateMedian rateRank in state
202364149217.6%6.50%#223
202456846811.6%6.50%#234
20255885019.2%6.25%#235

What Neches Federal Credit Union lends in Texas

By loan purpose

Home purchase 124 21% · 3.2% denied
Refinance 24 4% · 4.2% denied
Cash-out refinance 278 47% · 10.8% denied
Other / HELOC 162 28% · 11.7% denied

By loan type

Conventional 588 100% · 9.2% denied

Why it denied Texas applicants

Other 15 28%
Debt-to-income ratio 14 26%
Credit history 10 19%
Incomplete application 10 19%
Collateral 4 7%
Unverifiable information 1 2%

Where in Texas

Counties with the most Neches Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 35729938 10.6%
Orange County 87746 6.9%
Hardin County 84756 7.1%
Jasper County 16160 0.0%
Harris County 871 12.5%
Galveston County 870 0.0%
Tyler County 651 16.7%
Chambers County 641 16.7%
Montgomery County 321 33.3%
Newton County 330 0.0%

Other large lenders in Texas

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 56,49111.0%6.25%
Rocket MortgageC 45,65822.4%6.63%
21st MortgageF 37,96145.9%9.94%
Dhi Mortgage CompanyB 26,34813.5%4.50%
Lennar MortgageA 21,95920.5%4.50%
Bank of AmericaF 18,00843.0%6.24%
JPMorgan Chase BankB 16,2609.8%6.45%
CMG MortgageA 15,9783.9%6.50%
Vanderbilt Mortgage and FinanceF 15,68344.7%10.50%
Triad Financial ServicesD 15,15850.0%9.35%

Frequently asked questions

Texas: 588 applications in 2025, of which 501 were originated and 54 denied.

9.2% of all applications, or 9.2% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.

The median rate on loans Neches Federal Credit Union originated in Texas in 2025 was 6.25%, against a statewide median of 6.50%.

About this data. Figures are Neches Federal Credit Union's own HMDA filing for properties located in Texas, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology