Security 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 C 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%
11th26.0% deniedPricingmedian rate spread over APOR, weight 30%
60th0.19 ptsProcesswithdrawn + incomplete share, weight 15%
83rd3.8%Closing coststotal loan costs ÷ loan amount, weight 10%
4th5.19% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 393 | 215 | 27.7% | 29.5% | 6.75% | $16M |
| 2024 | 300 | 164 | 32.3% | 32.4% | 6.63% | $13M |
| 2025 | 344 | 196 | 25.0% | 26.0% | 6.63% | $15M |
What Security 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, 17 manufactured homes, 3 investment properties.
Why Security Credit Union denies applications
Primary reason reported for each of the 86 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Security 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 | 93 | 44 | 36.0% |
| $50k – $100k | 194 | 108 | 26.5% |
| $100k – $150k | 41 | 30 | 9.8% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 30 | 15 | 14.3% |
| 35–44 | 39 | 17 | 47.4% |
| 45–54 | 64 | 40 | 21.0% |
| 55–64 | 67 | 37 | 24.2% |
| 65–74 | 96 | 60 | 22.3% |
| Over 74 | 43 | 22 | 35.7% |
Where Security Credit Union lends
2 states and 25 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
Security Credit Union denied 26.0% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 11th percentile of small mortgage lenders.
The most common reason Security Credit Union gave in 2025 was "credit history", cited on 40.0% 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 Security Credit Union originated in 2025 was 6.63%, and its median rate spread over the average prime offer rate was 0.19 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 13% of its applications were for home purchases, 11% for refinancing (including cash-out), and 76% for home improvement or other purposes. By loan type: 99% 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.