PlainLender

COMMUNITY SOUTH CREDIT UNION

CHIPLEY, FL

COMMUNITY SOUTH CREDIT UNION processed 101 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 45 loans with a 20.8% denial rate. Home Purchase was the primary loan purpose. Based in CHIPLEY, FL. The approval rate of 44.6% 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. COMMUNITY SOUTH CREDIT UNION processed 101 HMDA-reported mortgage applications in 2024, originating 45 loans and denying 21 for a denial rate of 20.8% (applicants themselves withdrew 28 files before a decision). The average loan amount was $129,455 at a 7.772% average note rate, and applicants self-reported an average income of $38,000. The lender reports under LEI 9845003EDC545AF61498 from CHIPLEY, FL.

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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. COMMUNITY SOUTH CREDIT UNION's 44.6% origination rate tells you how often an application turned into funded money; the 20.8% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Credit history, Other, Debt-to-income ratio, which together explain the majority of rejections. Most activity concentrated in Conventional loans (90 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.

101
Applications
45
Originated
20.8%
Denial Rate
$129,455
Avg Loan Amount
Avg Interest Rate: 7.772% Avg Applicant Income: $38,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 90 45 16 $118,444
FHA 6 0 3 $281,667
USDA 5 0 2 $145,000

Top loan types — COMMUNITY SOUTH CREDIT UNION

Top loan types — COMMUNITY SOUTH CREDIT UNION Horizontal bar chart of the top 3 items by value (applications). Top loan types — COMMUNITY SOUTH CREDIT UNION Top 3 1. Conventional 90 2. FHA 6 3. USDA 5 Top 5 loan types by application volume at COMMUNITY SOUTH 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 COMMUNITY SOUTH CREDIT UNION (LEI: 9845003EDC545AF61498) · 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
14
Other
6
Debt-to-income ratio
5
Collateral
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 45 10 $125,889
Cash-out Refinancing 32 22 $91,875
Refinancing 18 11 $228,889
Other 6 2 $58,333

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 87 50.6% 14.9%
Black or African American 9 11.1% 66.7%
Joint 4 0.0% 25.0%
2 or more minority races 1 0.0% 100.0%

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 93 46.2% 19.4%
Hispanic or Latino 7 28.6% 28.6%
Joint 1 0.0% 100.0%

Nearby Lenders in FL

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

FREEDOM MORTGAGE CORPORATION

BOCA RATON, FL

252,504 apps 57,345 originated 4.9% denied

Lakeview Loan Servicing, LLC

Coral Gables, FL

96,650 apps 10,540 originated 25.2% denied

TRIAD FINANCIAL SERVICES, INC.

JACKSONVILLE, FL

86,581 apps 12,731 originated 55.6% denied

LENNAR MORTGAGE, LLC

MIAMI, FL

75,233 apps 55,530 originated 12.4% denied

PHH MORTGAGE CORPORATION

West Palm Beach, FL

62,326 apps 4,770 originated 3.4% denied
Compare COMMUNITY SOUTH CREDIT UNION vs FREEDOM MORTGAGE CORPORATION →

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

Bank Financial Data → Credit Union Data → Financial Advisor Lookup → Home Insurance Costs → Property Tax Data → Rent Price Data →

Frequently Asked Questions

How many mortgage applications did COMMUNITY SOUTH CREDIT UNION process?
COMMUNITY SOUTH CREDIT UNION processed 101 mortgage applications in the 2023 HMDA reporting year. Of these, 45 were originated (approved and funded), 28 were withdrawn by the applicant, and 21 were denied.
What is COMMUNITY SOUTH CREDIT UNION's mortgage approval rate?
COMMUNITY SOUTH CREDIT UNION has an approval (origination) rate of 44.6%, meaning 44.6% of all applications resulted in a funded mortgage. The denial rate is 20.8%.
What is the average loan amount at COMMUNITY SOUTH CREDIT UNION?
The average mortgage loan amount at COMMUNITY SOUTH CREDIT UNION is $129,455. The average interest rate is 7.772%. The average applicant income is $38,000.
What are the most common reasons for mortgage denial at COMMUNITY SOUTH CREDIT UNION?
The most common reasons for mortgage denial at COMMUNITY SOUTH CREDIT UNION are: Credit history, Other, Debt-to-income ratio. In total, 21 applications were denied out of 101 total applications.
What types of mortgage loans does COMMUNITY SOUTH CREDIT UNION offer?
COMMUNITY SOUTH CREDIT UNION processes Conventional, FHA, USDA loans. The most common type is Conventional with 90 applications and an average loan amount of $118,444.
What loan purposes does COMMUNITY SOUTH CREDIT UNION serve?
COMMUNITY SOUTH CREDIT UNION serves the following loan purposes: Home Purchase (45 applications), Cash-out Refinancing (32 applications), Refinancing (18 applications), Other (6 applications). Home Purchase is the most common purpose.
Where is COMMUNITY SOUTH CREDIT UNION located?
COMMUNITY SOUTH CREDIT UNION is headquartered in CHIPLEY, FL. The lender is identified by LEI 9845003EDC545AF61498 in HMDA data.
How does COMMUNITY SOUTH CREDIT UNION compare in lending across racial demographics?
COMMUNITY SOUTH CREDIT UNION reports demographic lending data under HMDA requirements. White applicants have an approval rate of 50.6% and denial rate of 14.9%; Black or African American applicants have an approval rate of 11.1% and denial rate of 66.7%; Joint applicants have an approval rate of 0.0% and denial rate of 25.0%. 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.