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Auburn University Credit Union

AUBURN, AL

Auburn University Credit Union processed 94 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 65 loans with a 14.9% denial rate. Cash-out Refinancing was the primary loan purpose. Based in AUBURN, AL. The approval rate of 69.1% 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Auburn University Credit Union's 69.1% origination rate tells you how often an application turned into funded money; the 14.9% 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, Credit application incomplete, which together explain the majority of rejections. Most activity concentrated in Conventional loans (94 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.

94
Applications
65
Originated
14.9%
Denial Rate
$128,404
Avg Loan Amount
Avg Interest Rate: 7.595% Avg Applicant Income: $31,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 94 65 14 $128,404

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Auburn University Credit Union (LEI: 549300GMZQGVLZ5KCW51) · 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 Approval rates exclude withdrawn / incomplete applications.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

Credit history
7
Debt-to-income ratio
6
Credit application incomplete
2
Other
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Cash-out Refinancing 71 48 $106,972
Home Purchase 12 7 $282,500
Home Improvement 7 7 $53,571
Refinancing 4 3 $177,500

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 53 81.1% 7.5%
Black or African American * 27 44.4% 29.6%
Asian * 2 0.0% 0.0%
Joint * 2 50.0% 50.0%

* 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 86 67.4% 15.1%
Hispanic or Latino * 3 100.0% 0.0%

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

Nearby Lenders in AL

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

Regions Bank

BIRMINGHAM, AL

70,436 apps 29,337 originated 39.6% denied

CSL Financial LLC

Birmingham, AL

10,109 apps 1,011 originated 60.3% denied

Redstone Federal Credit Union

HUNTSVILLE, AL

5,601 apps 3,166 originated 21.9% denied

Tjc Mortgage INC

BIRMINGHAM, AL

2,788 apps 1,704 originated 3.2% denied

All in Credit Union

DOTHAN, AL

2,355 apps 1,018 originated 32.0% denied
Compare Auburn University Credit Union vs Regions Bank →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Auburn University Credit Union process?
Auburn University Credit Union processed 94 mortgage applications in the 2024 HMDA reporting year. Of these, 65 were originated (approved and funded), 5 were withdrawn by the applicant, and 14 were denied.
What is Auburn University Credit Union's mortgage approval rate?
Auburn University Credit Union has an approval (origination) rate of 69.1%, meaning 69.1% of all applications resulted in a funded mortgage. The denial rate is 14.9%.
What is the average loan amount at Auburn University Credit Union?
The average mortgage loan amount at Auburn University Credit Union is $128,404. The average interest rate is 7.595%. The average applicant income is $31,000.
What are the most common reasons for mortgage denial at Auburn University Credit Union?
The most common reasons for mortgage denial at Auburn University Credit Union are: Credit history, Debt-to-income ratio, Credit application incomplete. In total, 14 applications were denied out of 94 total applications.
What types of mortgage loans does Auburn University Credit Union offer?
Auburn University Credit Union processes Conventional loans. The most common type is Conventional with 94 applications and an average loan amount of $128,404.
What loan purposes does Auburn University Credit Union serve?
Auburn University Credit Union serves the following loan purposes: Cash-out Refinancing (71 applications), Home Purchase (12 applications), Home Improvement (7 applications), Refinancing (4 applications). Cash-out Refinancing is the most common purpose.
Where is Auburn University Credit Union located?
Auburn University Credit Union is headquartered in AUBURN, AL. The lender is identified by LEI 549300GMZQGVLZ5KCW51 in HMDA data.
How does Auburn University Credit Union compare in lending across racial demographics?
Auburn University Credit Union reports demographic lending data under HMDA requirements. White applicants have an approval rate of 81.1% and denial rate of 7.5%; Black or African American applicants have an approval rate of 44.4% and denial rate of 29.6%; Asian applicants have an approval rate of 0.0% and denial rate of 0.0%. 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.