Oklahoma Educators 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 D 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%
28th16.2% deniedPricingmedian rate spread over APOR, weight 30%
2nd1.98 ptsProcesswithdrawn + incomplete share, weight 15%
16th21.8%Closing coststotal loan costs ÷ loan amount, weight 10%
9th4.07% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 129 | 68 | 20.9% | 26.0% | 7.70% | $6.4M |
| 2024 | 129 | 67 | 22.5% | 30.2% | 7.95% | $6.2M |
| 2025 | 142 | 87 | 12.7% | 16.2% | 7.80% | $11M |
What Oklahoma Educators 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, 3 manufactured homes, 4 investment properties.
Why Oklahoma Educators Credit Union denies applications
Primary reason reported for each of the 18 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Oklahoma Educators 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 | 59 | 35 | 13.6% |
| $100k – $150k | 35 | 20 | 16.0% |
| $150k – $250k | 21 | 16 | 10.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 35–44 | 32 | 18 | 16.7% |
| 45–54 | 44 | 32 | 13.2% |
| 55–64 | 24 | 13 | 17.7% |
Where Oklahoma Educators Credit Union lends
2 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 |
|---|---|---|---|---|---|
| Oklahoma | 141 | 87 | 12.8% | 7.80% | #156 |
Frequently asked questions
Oklahoma Educators Credit Union denied 16.2% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 28th percentile of small mortgage lenders.
The most common reason Oklahoma Educators Credit Union gave in 2025 was "debt-to-income ratio", cited on 44.4% 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 Oklahoma Educators Credit Union originated in 2025 was 7.80%, and its median rate spread over the average prime offer rate was 1.98 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 17% of its applications were for home purchases, 48% 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.