Raiz 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 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%
10th27.2% deniedProcesswithdrawn + incomplete share, weight 15%
46th12.2%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 235 | 140 | 13.2% | 16.3% | 6.75% | $24M |
| 2024 | 257 | 193 | 9.7% | 11.5% | 7.13% | $37M |
| 2025 | 327 | 205 | 23.9% | 27.2% | — | $33M |
What Raiz 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: 0 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 46 investment properties.
Who gets approved at Raiz 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 | 77 | 29 | 53.1% |
| $50k – $100k | 120 | 73 | 26.0% |
| $100k – $150k | 59 | 49 | 10.7% |
| $150k – $250k | 27 | 20 | 20.0% |
| Over $250k | 41 | 33 | 15.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 42 | 26 | 25.7% |
| 35–44 | 59 | 33 | 35.9% |
| 45–54 | 81 | 42 | 38.2% |
| 55–64 | 68 | 45 | 23.3% |
| 65–74 | 35 | 27 | 12.9% |
Where Raiz Federal Credit Union lends
3 states and 11 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Texas | 308 | 193 | 23.7% | — | #334 |
| New Mexico | 18 | 12 | 22.2% | — | #208 |
Frequently asked questions
Raiz Federal Credit Union denied 27.2% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 10th percentile of small mortgage lenders.
In 2025, 24% of its applications were for home purchases, 39% for refinancing (including cash-out), and 36% 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.