PlainLender

Abilene Teachers FCU

Abilene, TX

Abilene Teachers FCU processed 262 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 168 loans with a 23.7% denial rate. Cash-out Refinancing was the primary loan purpose. Based in Abilene, TX. The approval rate of 64.1% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.

Portfolio scale. Abilene Teachers FCU processed 262 HMDA-reported mortgage applications in 2024, originating 168 loans and denying 62 for a denial rate of 23.7% (applicants themselves withdrew 20 files before a decision). The average loan amount was $94,733 at a 7.455% average note rate, and applicants self-reported an average income of $33,000. The lender reports under LEI 549300A8TEVE8WYT0T29 from Abilene, TX.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% — HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Abilene Teachers FCU's 64.1% origination rate tells you how often an application turned into funded money; the 23.7% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Credit history, Debt-to-income ratio, Collateral, which together explain the majority of rejections. Most activity concentrated in Conventional loans (262 applications).

How to read this page. These figures are aggregate HMDA disclosures — they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting — it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

262
Applications
168
Originated
23.7%
Denial Rate
$94,733
Avg Loan Amount
Avg Interest Rate: 7.455% Avg Applicant Income: $33,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 262 168 62 $94,733

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for Abilene Teachers FCU (LEI: 549300A8TEVE8WYT0T29) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Credit history
33
Debt-to-income ratio
19
Collateral
12
Other
3
Employment history
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Cash-out Refinancing 209 129 $99,976
Other 53 39 $74,057

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 224 64.7% 22.3%
American Indian or Alaska Native 7 0.0% 71.4%
Black or African American 7 71.4% 14.3%
Joint 5 80.0% 20.0%
Asian 2 100.0% 0.0%

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 150 75.3% 17.3%
Hispanic or Latino 72 41.7% 38.9%
Joint 28 60.7% 17.9%

Nearby Lenders in TX

Other HMDA-reporting lenders in TX with similar activity. Compare any two side-by-side.

Nationstar Mortgage

Coppell, TX

110,111 apps 41,693 originated 9.2% denied

DHI Mortgage Company, LTD.

Austin, TX

96,056 apps 70,673 originated 10.3% denied

PRIMELENDING

DALLAS, TX

36,578 apps 25,147 originated 5.3% denied

Credit Human Federal Credit Un

San Antonio, TX

28,052 apps 2,953 originated 75.7% denied

USAA BANK

SAN ANTONIO, TX

28,020 apps 13,205 originated 23.5% denied
Compare Abilene Teachers FCU vs Nationstar Mortgage →

Mortgage Lending Guides

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Common denial reasons and how to improve your chances
Comparing Mortgage Lenders
What to look for when choosing a mortgage lender
Getting the Best Mortgage Rate
Strategies for securing the lowest interest rate
Understanding HMDA Data
How to read and interpret mortgage disclosure data
Denial Rates by Demographics
Demographic patterns in mortgage approval and denial

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Frequently Asked Questions

How many mortgage applications did Abilene Teachers FCU process?
Abilene Teachers FCU processed 262 mortgage applications in the 2023 HMDA reporting year. Of these, 168 were originated (approved and funded), 20 were withdrawn by the applicant, and 62 were denied.
What is Abilene Teachers FCU's mortgage approval rate?
Abilene Teachers FCU has an approval (origination) rate of 64.1%, meaning 64.1% of all applications resulted in a funded mortgage. The denial rate is 23.7%.
What is the average loan amount at Abilene Teachers FCU?
The average mortgage loan amount at Abilene Teachers FCU is $94,733. The average interest rate is 7.455%. The average applicant income is $33,000.
What are the most common reasons for mortgage denial at Abilene Teachers FCU?
The most common reasons for mortgage denial at Abilene Teachers FCU are: Credit history, Debt-to-income ratio, Collateral. In total, 62 applications were denied out of 262 total applications.
What types of mortgage loans does Abilene Teachers FCU offer?
Abilene Teachers FCU processes Conventional loans. The most common type is Conventional with 262 applications and an average loan amount of $94,733.
What loan purposes does Abilene Teachers FCU serve?
Abilene Teachers FCU serves the following loan purposes: Cash-out Refinancing (209 applications), Other (53 applications). Cash-out Refinancing is the most common purpose.
Where is Abilene Teachers FCU located?
Abilene Teachers FCU is headquartered in Abilene, TX. The lender is identified by LEI 549300A8TEVE8WYT0T29 in HMDA data.
How does Abilene Teachers FCU compare in lending across racial demographics?
Abilene Teachers FCU reports demographic lending data under HMDA requirements. White applicants have an approval rate of 64.7% and denial rate of 22.3%; American Indian or Alaska Native applicants have an approval rate of 0.0% and denial rate of 71.4%; Black or African American applicants have an approval rate of 71.4% and denial rate of 14.3%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.

Read our methodology — how this data is sourced, computed, and verified.