Telco Community 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%
85th2.6% deniedPricingmedian rate spread over APOR, weight 30%
2nd2.03 ptsProcesswithdrawn + incomplete share, weight 15%
63rd9.0%Closing coststotal loan costs ÷ loan amount, weight 10%
12th3.46% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 168 | 136 | 5.4% | 6.0% | 7.06% | $21M |
| 2024 | 157 | 121 | 5.1% | 6.2% | 8.25% | $19M |
| 2025 | 167 | 139 | 2.4% | 2.6% | 7.00% | $28M |
What Telco Community 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: 53 home-equity lines, 5 reverse mortgages, 16 manufactured homes, 7 investment properties.
Why Telco Community Credit Union denies applications
Primary reason reported for each of the 4 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Telco Community 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 | 23 | 13 | 11.8% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 35–44 | 33 | 29 | 0.0% |
| 45–54 | 36 | 31 | 3.1% |
| 55–64 | 42 | 36 | 5.1% |
| 65–74 | 26 | 21 | 0.0% |
Where Telco Community Credit Union lends
3 states and 17 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| North Carolina | 164 | 136 | 2.4% | 7.00% | #255 |
Frequently asked questions
Telco Community Credit Union denied 2.6% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 85th percentile of small mortgage lenders.
The most common reason Telco Community Credit Union gave in 2025 was "other", cited on 50.0% 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 Telco Community Credit Union originated in 2025 was 7.00%, and its median rate spread over the average prime offer rate was 2.03 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 20% of its applications were for home purchases, 79% for refinancing (including cash-out), and 1% for home improvement or other purposes. By loan type: 98% conventional, 0% FHA, 1% 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.