PlainLender

First United Bank

Lubbock, TX

First United Bank processed 389 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 338 loans with a 3.1% denial rate. Home Purchase was the primary loan purpose. Based in Lubbock, TX. The approval rate of 86.9% 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. First United Bank processed 389 HMDA-reported mortgage applications in 2024, originating 338 loans and denying 12 for a denial rate of 3.1% (applicants themselves withdrew 5 files before a decision). The average loan amount was $241,170 at a 7.116% average note rate, and applicants self-reported an average income of $36,000. The lender reports under LEI 549300DDDXGC8OXLNZ36 from Lubbock, TX.

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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness.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 United Bank's 86.9% origination rate tells you how often an application turned into funded money; the 3.1% 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, Other, which together explain the majority of rejections. Most activity concentrated in Conventional loans (306 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.

389
Applications
338
Originated
3.1%
Denial Rate
$241,170
Avg Loan Amount
Avg Interest Rate: 7.116% Avg Applicant Income: $36,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 306 269 7 $247,255
FHA 65 54 5 $203,154
VA 15 13 0 $303,667
USDA 3 2 0 $131,667

Top loan types — First United Bank

Top loan types — First United Bank Horizontal bar chart of the top 4 items by value (applications). Top loan types — First United Bank Top 4 1. Conventional 306 2. FHA 65 3. VA 15 4. USDA 3 Top 5 loan types by application volume at First United Bank (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 First United Bank (LEI: 549300DDDXGC8OXLNZ36) · 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
6
Debt-to-income ratio
3
Other
2
Collateral
2
Employment history
1
Unverifiable information
1
Insufficient cash
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 311 271 $241,688
Refinancing 39 35 $251,410
Cash-out Refinancing 30 24 $258,667
Home Improvement 9 8 $120,556

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 285 85.6% 3.2%
Joint 10 90.0% 0.0%
Black or African American 9 66.7% 0.0%
Asian 6 83.3% 16.7%
American Indian or Alaska Native 4 75.0% 25.0%
2 or more minority races 2 100.0% 0.0%

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 233 85.8% 3.0%
Hispanic or Latino 59 76.3% 5.1%
Joint 14 100.0% 0.0%

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 United Bank vs Nationstar Mortgage →

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 First United Bank process?
First United Bank processed 389 mortgage applications in the 2023 HMDA reporting year. Of these, 338 were originated (approved and funded), 5 were withdrawn by the applicant, and 12 were denied.
What is First United Bank's mortgage approval rate?
First United Bank has an approval (origination) rate of 86.9%, meaning 86.9% of all applications resulted in a funded mortgage. The denial rate is 3.1%.
What is the average loan amount at First United Bank?
The average mortgage loan amount at First United Bank is $241,170. The average interest rate is 7.116%. The average applicant income is $36,000.
What are the most common reasons for mortgage denial at First United Bank?
The most common reasons for mortgage denial at First United Bank are: Credit history, Debt-to-income ratio, Other. In total, 12 applications were denied out of 389 total applications.
What types of mortgage loans does First United Bank offer?
First United Bank processes Conventional, FHA, VA, USDA loans. The most common type is Conventional with 306 applications and an average loan amount of $247,255.
What loan purposes does First United Bank serve?
First United Bank serves the following loan purposes: Home Purchase (311 applications), Refinancing (39 applications), Cash-out Refinancing (30 applications), Home Improvement (9 applications). Home Purchase is the most common purpose.
Where is First United Bank located?
First United Bank is headquartered in Lubbock, TX. The lender is identified by LEI 549300DDDXGC8OXLNZ36 in HMDA data.
How does First United Bank compare in lending across racial demographics?
First United Bank reports demographic lending data under HMDA requirements. White applicants have an approval rate of 85.6% and denial rate of 3.2%; Joint applicants have an approval rate of 90.0% and denial rate of 0.0%; Black or African American applicants have an approval rate of 66.7% and denial rate of 0.0%. 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.