Wichita 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%
21st19.1% deniedPricingmedian rate spread over APOR, weight 30%
9th1.16 ptsProcesswithdrawn + incomplete share, weight 15%
65th8.6%Closing coststotal loan costs ÷ loan amount, weight 10%
67th1.48% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 301 | 168 | 12.6% | 16.6% | 8.00% | $17M |
| 2024 | 234 | 126 | 15.0% | 17.1% | 7.63% | $16M |
| 2025 | 327 | 195 | 17.4% | 19.1% | 7.50% | $25M |
What Wichita 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, 5 manufactured homes, 16 investment properties.
Why Wichita Federal Credit Union denies applications
Primary reason reported for each of the 57 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Wichita 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 | 67 | 34 | 29.3% |
| $50k – $100k | 128 | 73 | 23.5% |
| $100k – $150k | 74 | 47 | 11.4% |
| $150k – $250k | 40 | 28 | 7.9% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 66 | 39 | 11.7% |
| 35–44 | 82 | 47 | 24.0% |
| 45–54 | 69 | 49 | 18.2% |
| 55–64 | 48 | 27 | 19.1% |
| 65–74 | 31 | 18 | 21.4% |
Where Wichita Federal Credit Union lends
3 states and 15 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Kansas | 324 | 193 | 17.6% | 7.50% | #78 |
Frequently asked questions
Wichita Federal Credit Union denied 19.1% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 21st percentile of small mortgage lenders.
The most common reason Wichita Federal Credit Union gave in 2025 was "credit history", cited on 57.9% 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 Wichita Federal Credit Union originated in 2025 was 7.50%, and its median rate spread over the average prime offer rate was 1.16 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 32% of its applications were for home purchases, 68% for refinancing (including cash-out), and 0% 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.