ENT CREDIT UNION (68671)

COLORADO SPRINGS, CO

ENT CREDIT UNION (68671) processed 12,486 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 7,861 loans with a 23.0% denial rate. Home Improvement was the primary loan purpose. Based in COLORADO SPRINGS, CO. The approval rate of 63.0% 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. ENT CREDIT UNION (68671) processed 12,486 HMDA-reported mortgage applications in 2024, originating 7,861 loans and denying 2,874 for a denial rate of 23.0% (applicants themselves withdrew 74 files before a decision). The average loan amount was $189,373 at a 8.371% average note rate, and applicants self-reported an average income of $38,000. The lender reports under LEI 6GK3WNTSHBNJOVP1LV97 from COLORADO SPRINGS, CO.

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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. ENT CREDIT UNION (68671)'s 63.0% origination rate tells you how often an application turned into funded money; the 23.0% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Credit history, Collateral, which together explain the majority of rejections. Most activity concentrated in Conventional loans (11,781 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.

12,486
Applications
7,861
Originated
23.0%
Denial Rate
$189,373
Avg Loan Amount
Avg Interest Rate: 8.371% Avg Applicant Income: $38,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 11,781 7,453 2,758 $176,502
FHA 381 185 94 $328,202
VA 324 223 22 $494,136

Top loan types — ENT CREDIT UNION (68671)

Top loan types — ENT CREDIT UNION (68671) Horizontal bar chart of the top 3 items by value (applications). Top loan types — ENT CREDIT UNION (68671) Top 3 1. Conventional 11,781 2. FHA 381 3. VA 324 Top 5 loan types by application volume at ENT CREDIT UNION (68671) (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 ENT CREDIT UNION (68671) (LEI: 6GK3WNTSHBNJOVP1LV97) · 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

Debt-to-income ratio
1,904
Credit history
1,321
Collateral
829
Other
254
Employment history
218
Insufficient cash
72
Unverifiable information
31
Credit application incomplete
19

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Improvement 3,887 2,532 $99,474
Other 3,582 2,097 $95,595
Home Purchase 2,741 1,915 $402,650
Refinancing 1,670 1,127 $194,222
Cash-out Refinancing 604 190 $342,467

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 9,313 64.2% 22.1%
Joint 393 66.7% 20.4%
Asian 381 57.5% 27.6%
Black or African American 358 50.8% 36.6%
American Indian or Alaska Native 149 51.7% 30.9%
Native Hawaiian or Other Pacific Islander 36 63.9% 30.6%
2 or more minority races 33 45.5% 48.5%

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 8,661 65.0% 21.3%
Hispanic or Latino 1,565 49.2% 36.9%
Joint 647 67.8% 19.3%

Nearby Lenders in CO

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

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did ENT CREDIT UNION (68671) process?
ENT CREDIT UNION (68671) processed 12,486 mortgage applications in the 2023 HMDA reporting year. Of these, 7,861 were originated (approved and funded), 74 were withdrawn by the applicant, and 2,874 were denied.
What is ENT CREDIT UNION (68671)'s mortgage approval rate?
ENT CREDIT UNION (68671) has an approval (origination) rate of 63.0%, meaning 63.0% of all applications resulted in a funded mortgage. The denial rate is 23.0%.
What is the average loan amount at ENT CREDIT UNION (68671)?
The average mortgage loan amount at ENT CREDIT UNION (68671) is $189,373. The average interest rate is 8.371%. The average applicant income is $38,000.
What are the most common reasons for mortgage denial at ENT CREDIT UNION (68671)?
The most common reasons for mortgage denial at ENT CREDIT UNION (68671) are: Debt-to-income ratio, Credit history, Collateral. In total, 2,874 applications were denied out of 12,486 total applications.
What types of mortgage loans does ENT CREDIT UNION (68671) offer?
ENT CREDIT UNION (68671) processes Conventional, FHA, VA loans. The most common type is Conventional with 11,781 applications and an average loan amount of $176,502.
What loan purposes does ENT CREDIT UNION (68671) serve?
ENT CREDIT UNION (68671) serves the following loan purposes: Home Improvement (3,887 applications), Other (3,582 applications), Home Purchase (2,741 applications), Refinancing (1,670 applications), Cash-out Refinancing (604 applications). Home Improvement is the most common purpose.
Where is ENT CREDIT UNION (68671) located?
ENT CREDIT UNION (68671) is headquartered in COLORADO SPRINGS, CO. The lender is identified by LEI 6GK3WNTSHBNJOVP1LV97 in HMDA data.
How does ENT CREDIT UNION (68671) compare in lending across racial demographics?
ENT CREDIT UNION (68671) reports demographic lending data under HMDA requirements. White applicants have an approval rate of 64.2% and denial rate of 22.1%; Joint applicants have an approval rate of 66.7% and denial rate of 20.4%; Asian applicants have an approval rate of 57.5% and denial rate of 27.6%. 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.