TEXELL 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%
10th26.6% deniedPricingmedian rate spread over APOR, weight 30%
27th0.54 ptsProcesswithdrawn + incomplete share, weight 15%
48th12.0%Closing coststotal loan costs ÷ loan amount, weight 10%
70th1.39% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 643 | 283 | 28.5% | 37.5% | 6.74% | $25M |
| 2024 | 645 | 318 | 29.6% | 34.4% | 6.99% | $36M |
| 2025 | 474 | 282 | 23.4% | 26.6% | 6.74% | $37M |
What TEXELL 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, 13 manufactured homes, 7 investment properties.
Why TEXELL Credit Union denies applications
Primary reason reported for each of the 111 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at TEXELL 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 | 60 | 30 | 37.0% |
| $50k – $100k | 179 | 100 | 31.5% |
| $100k – $150k | 134 | 87 | 19.3% |
| $150k – $250k | 75 | 50 | 17.7% |
| Over $250k | 21 | 12 | 27.8% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 65 | 39 | 25.0% |
| 35–44 | 114 | 67 | 30.8% |
| 45–54 | 121 | 68 | 32.4% |
| 55–64 | 84 | 57 | 20.0% |
| 65–74 | 64 | 37 | 19.2% |
| Over 74 | 22 | 10 | 29.4% |
Where TEXELL Credit Union lends
1 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 |
|---|---|---|---|---|---|
| Texas | 474 | 282 | 23.4% | 6.74% | #271 |
Frequently asked questions
TEXELL Credit Union denied 26.6% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 10th percentile of small mortgage lenders.
The most common reason TEXELL Credit Union gave in 2025 was "debt-to-income ratio", cited on 45.9% 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 TEXELL Credit Union originated in 2025 was 6.74%, and its median rate spread over the average prime offer rate was 0.54 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 13% of its applications were for home purchases, 37% for refinancing (including cash-out), and 50% 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.