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CSE Credit Union, Inc.

HARTFORD, CT

CSE Credit Union, Inc. processed 609 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 363 loans with a 22.0% denial rate. Home Improvement was the primary loan purpose. Based in HARTFORD, CT. The approval rate of 59.6% 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. CSE Credit Union, Inc.'s 59.6% origination rate tells you how often an application turned into funded money; the 22.0% 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 (609 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.

609
Applications
363
Originated
22.0%
Denial Rate
$95,608
Avg Loan Amount
Avg Interest Rate: 6.036% Avg Applicant Income: $25,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 609 363 134 $95,608

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for CSE Credit Union, Inc. (LEI: 5493005H3NABV4GMAG85) · 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 Approval rates exclude withdrawn / incomplete applications.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
90
Other
57
Credit history
57
Credit application incomplete
4

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Improvement 244 171 $61,475
Other 231 132 $69,675
Cash-out Refinancing 50 33 $160,600
Home Purchase 43 5 $254,767
Refinancing 41 22 $198,659

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 423 72.6% 15.6%
Black or African American 89 43.8% 39.3%
Joint * 14 85.7% 7.1%
Asian * 12 33.3% 50.0%
American Indian or Alaska Native * 4 0.0% 75.0%
Native Hawaiian or Other Pacific Islander * 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 457 69.6% 17.3%
Hispanic or Latino 54 55.6% 35.2%
Joint * 21 71.4% 19.1%

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

Nearby Lenders in CT

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

Planet Home Lending, LLC

MERIDEN, CT

65,607 apps 10,396 originated 4.4% denied

RCN Capital, LLC

South Windsor, CT

12,981 apps 8,038 originated 15.6% denied

Total Mortgage Services, LLC

MILFORD, CT

8,112 apps 5,966 originated 5.7% denied

Webster Bank, N.A.

Stamford, CT

6,127 apps 3,211 originated 18.6% denied

RCN Capital, LLC

South Windsor, CT

5,091 apps 1,169 originated 31.9% denied
Compare CSE Credit Union, Inc. vs Planet Home Lending, LLC →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did CSE Credit Union, Inc. process?
CSE Credit Union, Inc. processed 609 mortgage applications in the 2024 HMDA reporting year. Of these, 363 were originated (approved and funded), 43 were withdrawn by the applicant, and 134 were denied.
What is CSE Credit Union, Inc.'s mortgage approval rate?
CSE Credit Union, Inc. has an approval (origination) rate of 59.6%, meaning 59.6% of all applications resulted in a funded mortgage. The denial rate is 22.0%.
What is the average loan amount at CSE Credit Union, Inc.?
The average mortgage loan amount at CSE Credit Union, Inc. is $95,608. The average interest rate is 6.036%. The average applicant income is $25,000.
What are the most common reasons for mortgage denial at CSE Credit Union, Inc.?
The most common reasons for mortgage denial at CSE Credit Union, Inc. are: Debt-to-income ratio, Other, Credit history. In total, 134 applications were denied out of 609 total applications.
What types of mortgage loans does CSE Credit Union, Inc. offer?
CSE Credit Union, Inc. processes Conventional loans. The most common type is Conventional with 609 applications and an average loan amount of $95,608.
What loan purposes does CSE Credit Union, Inc. serve?
CSE Credit Union, Inc. serves the following loan purposes: Home Improvement (244 applications), Other (231 applications), Cash-out Refinancing (50 applications), Home Purchase (43 applications), Refinancing (41 applications). Home Improvement is the most common purpose.
Where is CSE Credit Union, Inc. located?
CSE Credit Union, Inc. is headquartered in HARTFORD, CT. The lender is identified by LEI 5493005H3NABV4GMAG85 in HMDA data.
How does CSE Credit Union, Inc. compare in lending across racial demographics?
CSE Credit Union, Inc. reports demographic lending data under HMDA requirements. White applicants have an approval rate of 72.6% and denial rate of 15.6%; Black or African American applicants have an approval rate of 43.8% and denial rate of 39.3%; Joint applicants have an approval rate of 85.7% and denial rate of 7.1%. 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.