PlainLender

AVADIAN CREDIT UNION

HOOVER, AL

AVADIAN CREDIT UNION processed 1,373 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 1,017 loans with a 19.2% denial rate. Other was the primary loan purpose. Based in HOOVER, AL. The approval rate of 74.1% 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. AVADIAN CREDIT UNION processed 1,373 HMDA-reported mortgage applications in 2024, originating 1,017 loans and denying 263 for a denial rate of 19.2% (applicants themselves withdrew 72 files before a decision). The average loan amount was $148,780 at a 6.511% average note rate, and applicants self-reported an average income of $31,000. The lender reports under LEI 549300FGGERPRKXH7V65 from HOOVER, AL.

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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. AVADIAN CREDIT UNION's 74.1% origination rate tells you how often an application turned into funded money; the 19.2% 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 (1,314 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.

1,373
Applications
1,017
Originated
19.2%
Denial Rate
$148,780
Avg Loan Amount
Avg Interest Rate: 6.511% Avg Applicant Income: $31,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 1,314 976 259 $139,932
FHA 30 15 3 $260,333
VA 23 21 0 $502,391
USDA 6 5 1 $173,333

Top loan types — AVADIAN CREDIT UNION

Top loan types — AVADIAN CREDIT UNION Horizontal bar chart of the top 4 items by value (applications). Top loan types — AVADIAN CREDIT UNION Top 4 1. Conventional 1,314 2. FHA 30 3. VA 23 4. USDA 6 Top 5 loan types by application volume at AVADIAN CREDIT UNION (HMDA 2023). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for AVADIAN CREDIT UNION (LEI: 549300FGGERPRKXH7V65) · 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
145
Debt-to-income ratio
131
Collateral
34
Other
33
Employment history
10
Unverifiable information
2
Mortgage insurance denied
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Other 554 402 $68,700
Home Improvement 372 277 $78,387
Home Purchase 294 239 $308,980
Refinancing 83 61 $344,398
Cash-out Refinancing 57 38 $246,053

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 976 79.6% 14.7%
Black or African American 254 56.7% 35.8%
Asian 64 84.4% 7.8%
Joint 18 77.8% 11.1%
American Indian or Alaska Native 10 30.0% 70.0%

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 1,257 75.3% 18.5%
Hispanic or Latino 38 63.2% 31.6%
Joint 22 77.3% 9.1%

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 AVADIAN CREDIT UNION vs REGIONS BANK →

Mortgage Lending Guides

Why Mortgages Get Denied
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

Explore More Data

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Frequently Asked Questions

How many mortgage applications did AVADIAN CREDIT UNION process?
AVADIAN CREDIT UNION processed 1,373 mortgage applications in the 2023 HMDA reporting year. Of these, 1,017 were originated (approved and funded), 72 were withdrawn by the applicant, and 263 were denied.
What is AVADIAN CREDIT UNION's mortgage approval rate?
AVADIAN CREDIT UNION has an approval (origination) rate of 74.1%, meaning 74.1% of all applications resulted in a funded mortgage. The denial rate is 19.2%.
What is the average loan amount at AVADIAN CREDIT UNION?
The average mortgage loan amount at AVADIAN CREDIT UNION is $148,780. The average interest rate is 6.511%. The average applicant income is $31,000.
What are the most common reasons for mortgage denial at AVADIAN CREDIT UNION?
The most common reasons for mortgage denial at AVADIAN CREDIT UNION are: Credit history, Debt-to-income ratio, Collateral. In total, 263 applications were denied out of 1,373 total applications.
What types of mortgage loans does AVADIAN CREDIT UNION offer?
AVADIAN CREDIT UNION processes Conventional, FHA, VA, USDA loans. The most common type is Conventional with 1,314 applications and an average loan amount of $139,932.
What loan purposes does AVADIAN CREDIT UNION serve?
AVADIAN CREDIT UNION serves the following loan purposes: Other (554 applications), Home Improvement (372 applications), Home Purchase (294 applications), Refinancing (83 applications), Cash-out Refinancing (57 applications). Other is the most common purpose.
Where is AVADIAN CREDIT UNION located?
AVADIAN CREDIT UNION is headquartered in HOOVER, AL. The lender is identified by LEI 549300FGGERPRKXH7V65 in HMDA data.
How does AVADIAN CREDIT UNION compare in lending across racial demographics?
AVADIAN CREDIT UNION reports demographic lending data under HMDA requirements. White applicants have an approval rate of 79.6% and denial rate of 14.7%; Black or African American applicants have an approval rate of 56.7% and denial rate of 35.8%; Asian applicants have an approval rate of 84.4% and denial rate of 7.8%. 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.