PlainLender

First Community Credit Union

HOUSTON, TX

First Community Credit Union processed 625 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 371 loans with a 19.4% denial rate. Cash-out Refinancing was the primary loan purpose. Based in HOUSTON, TX. The approval rate of 59.4% 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. First Community Credit Union's 59.4% origination rate tells you how often an application turned into funded money; the 19.4% 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, Other, which together explain the majority of rejections. Most activity concentrated in Conventional loans (622 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.

625
Applications
371
Originated
19.4%
Denial Rate
$212,584
Avg Loan Amount
Avg Interest Rate: 7.052% Avg Applicant Income: $36,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 622 371 120 $211,897
FHA 2 0 1 $440,000
VA 1 0 0 $185,000

Top loan types - First Community Credit Union

Top loan types - First Community Credit Union Horizontal bar chart of the top 3 items by value (applications). Top loan types - First Community Credit Union Top 3 1. Conventional 622 2. FHA 2 3. VA 1 Top 5 loan types by application volume at First Community Credit Union (HMDA 2024). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for First Community Credit Union (LEI: 549300F52SJSXL6QRM73) · 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
74
Credit history
45
Other
2
Collateral
2
Unverifiable information
1
Insufficient cash
1
Employment history
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Cash-out Refinancing 337 167 $95,801
Home Purchase 243 183 $370,967
Refinancing 34 16 $268,529
Home Improvement 11 5 $118,636

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 302 65.9% 14.9%
Black or African American 92 46.7% 27.2%
Asian 54 59.3% 18.5%
Joint * 10 50.0% 20.0%
American Indian or Alaska Native * 4 25.0% 25.0%
Native Hawaiian or Other Pacific Islander * 1 0.0% 100.0%

* 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 312 65.1% 12.5%
Hispanic or Latino 169 53.9% 27.8%
Joint * 29 69.0% 10.3%

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

Nearby Lenders in TX

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

Nationstar Mortgage

Coppell, TX

110,111 apps 41,693 originated 9.2% denied

DHI Mortgage Company, LTD.

Austin, TX

96,056 apps 70,673 originated 10.3% denied

PRIMELENDING

DALLAS, TX

36,578 apps 25,147 originated 5.3% denied

Credit Human Federal Credit Un

San Antonio, TX

28,052 apps 2,953 originated 75.7% denied

Usaa Bank

SAN ANTONIO, TX

28,020 apps 13,205 originated 23.5% denied
Compare First Community Credit Union vs Nationstar Mortgage →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did First Community Credit Union process?
First Community Credit Union processed 625 mortgage applications in the 2024 HMDA reporting year. Of these, 371 were originated (approved and funded), 131 were withdrawn by the applicant, and 121 were denied.
What is First Community Credit Union's mortgage approval rate?
First Community Credit Union has an approval (origination) rate of 59.4%, meaning 59.4% of all applications resulted in a funded mortgage. The denial rate is 19.4%.
What is the average loan amount at First Community Credit Union?
The average mortgage loan amount at First Community Credit Union is $212,584. The average interest rate is 7.052%. The average applicant income is $36,000.
What are the most common reasons for mortgage denial at First Community Credit Union?
The most common reasons for mortgage denial at First Community Credit Union are: Debt-to-income ratio, Credit history, Other. In total, 121 applications were denied out of 625 total applications.
What types of mortgage loans does First Community Credit Union offer?
First Community Credit Union processes Conventional, FHA, VA loans. The most common type is Conventional with 622 applications and an average loan amount of $211,897.
What loan purposes does First Community Credit Union serve?
First Community Credit Union serves the following loan purposes: Cash-out Refinancing (337 applications), Home Purchase (243 applications), Refinancing (34 applications), Home Improvement (11 applications). Cash-out Refinancing is the most common purpose.
Where is First Community Credit Union located?
First Community Credit Union is headquartered in HOUSTON, TX. The lender is identified by LEI 549300F52SJSXL6QRM73 in HMDA data.
How does First Community Credit Union compare in lending across racial demographics?
First Community Credit Union reports demographic lending data under HMDA requirements. White applicants have an approval rate of 65.9% and denial rate of 14.9%; Black or African American applicants have an approval rate of 46.7% and denial rate of 27.2%; Asian applicants have an approval rate of 59.3% and denial rate of 18.5%. 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.