PlainLender

ACU

PEACHTREE CORNERS, GA

ACU processed 2,016 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 1,019 loans with a 15.6% denial rate. Home Purchase was the primary loan purpose. Based in PEACHTREE CORNERS, GA. The approval rate of 50.5% reflects originated loans as a share of all applications.

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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. ACU's 50.5% origination rate tells you how often an application turned into funded money; the 15.6% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Other, Credit history, which together explain the majority of rejections. Most activity concentrated in Conventional loans (2,016 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.

2,016
Applications
1,019
Originated
15.6%
Denial Rate
$208,313
Avg Loan Amount
Avg Interest Rate: 7.245% Avg Applicant Income: $35,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 2,016 1,019 314 $208,313

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for ACU (LEI: 254900132A3VX6LLZU43) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Debt-to-income ratio
202
Other
201
Credit history
152
Collateral
32
Employment history
9
Unverifiable information
8
Insufficient cash
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 714 381 $394,286
Home Improvement 617 291 $79,538
Other 385 149 $78,377
Refinancing 294 196 $197,653
Cash-out Refinancing 6 2 $180,000

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 808 58.4% 11.5%
Black or African American 525 38.5% 23.8%
Asian 202 65.8% 7.4%
Joint * 27 63.0% 11.1%
2 or more minority races * 18 33.3% 27.8%
American Indian or Alaska Native * 8 25.0% 25.0%
Native Hawaiian or Other Pacific Islander * 5 60.0% 20.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

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 1,427 54.4% 13.4%
Hispanic or Latino 102 39.2% 27.4%
Joint * 24 75.0% 4.2%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Nearby Lenders in GA

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

Amerisave Mortgage Company

SANDY SPRINGS, GA

107,775 apps 16,102 originated 69.0% denied

Ameris Bank

Atlanta, GA

20,452 apps 14,604 originated 7.8% denied

Equity Prime Mortgage LLC

Atlanta, GA

18,565 apps 10,954 originated 3.6% denied

Renasant Bank

JOHNS CREEK, GA

10,267 apps 7,420 originated 9.3% denied

Synovus Bank

COLUMBUS, GA

8,388 apps 5,114 originated 21.6% denied
Compare ACU vs Amerisave Mortgage Company →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did ACU process?
ACU processed 2,016 mortgage applications in the 2024 HMDA reporting year. Of these, 1,019 were originated (approved and funded), 320 were withdrawn by the applicant, and 314 were denied.
What is ACU's mortgage approval rate?
ACU has an approval (origination) rate of 50.5%, meaning 50.5% of all applications resulted in a funded mortgage. The denial rate is 15.6%.
What is the average loan amount at ACU?
The average mortgage loan amount at ACU is $208,313. The average interest rate is 7.245%. The average applicant income is $35,000.
What are the most common reasons for mortgage denial at ACU?
The most common reasons for mortgage denial at ACU are: Debt-to-income ratio, Other, Credit history. In total, 314 applications were denied out of 2,016 total applications.
What types of mortgage loans does ACU offer?
ACU processes Conventional loans. The most common type is Conventional with 2,016 applications and an average loan amount of $208,313.
What loan purposes does ACU serve?
ACU serves the following loan purposes: Home Purchase (714 applications), Home Improvement (617 applications), Other (385 applications), Refinancing (294 applications), Cash-out Refinancing (6 applications). Home Purchase is the most common purpose.
Where is ACU located?
ACU is headquartered in PEACHTREE CORNERS, GA. The lender is identified by LEI 254900132A3VX6LLZU43 in HMDA data.
How does ACU compare in lending across racial demographics?
ACU reports demographic lending data under HMDA requirements. White applicants have an approval rate of 58.4% and denial rate of 11.5%; Black or African American applicants have an approval rate of 38.5% and denial rate of 23.8%; Asian applicants have an approval rate of 65.8% and denial rate of 7.4%. 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.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.