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Guardian Credit Union

MONTGOMERY, AL

Guardian Credit Union processed 1,050 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 370 loans with a 47.4% denial rate. Home Purchase was the primary loan purpose. Based in MONTGOMERY, AL. The approval rate of 35.2% 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Guardian Credit Union's 35.2% origination rate tells you how often an application turned into funded money; the 47.4% 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, Insufficient cash, which together explain the majority of rejections. Most activity concentrated in Conventional loans (1,036 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.

1,050
Applications
370
Originated
47.4%
Denial Rate
$114,914
Avg Loan Amount
Avg Interest Rate: 7.426% Avg Applicant Income: $34,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 1,036 370 484 $114,681
FHA 11 0 11 $132,273
USDA 2 0 2 $155,000
VA 1 0 1 $85,000

Top loan types - Guardian Credit Union

Top loan types - Guardian Credit Union Horizontal bar chart of the top 4 items by value (applications). Top loan types - Guardian Credit Union Top 4 1. Conventional 1,036 2. FHA 11 3. USDA 2 4. VA 1 Top 5 loan types by application volume at Guardian 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 Guardian Credit Union (LEI: 549300GLDL4X3U4RFI74) · 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

Credit history
397
Debt-to-income ratio
222
Insufficient cash
110
Employment history
44
Collateral
11
Other
8
Unverifiable information
2
Credit application incomplete
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 470 96 $157,723
Cash-out Refinancing 445 230 $69,247
Refinancing 129 44 $120,116
Other 6 0 $36,667

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 548 45.4% 37.4%
Black or African American 387 23.0% 61.2%
Asian * 8 37.5% 37.5%
Joint * 7 57.1% 28.6%
American Indian or Alaska Native * 6 16.7% 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 934 36.5% 46.9%
Hispanic or Latino * 10 30.0% 20.0%
Joint * 3 0.0% 100.0%

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

Nearby Lenders in AL

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

Regions Bank

BIRMINGHAM, AL

70,436 apps 29,337 originated 39.6% denied

CSL Financial LLC

Birmingham, AL

10,109 apps 1,011 originated 60.3% denied

Redstone Federal Credit Union

HUNTSVILLE, AL

5,601 apps 3,166 originated 21.9% denied

Tjc Mortgage INC

BIRMINGHAM, AL

2,788 apps 1,704 originated 3.2% denied

All in Credit Union

DOTHAN, AL

2,355 apps 1,018 originated 32.0% denied
Compare Guardian Credit Union vs Regions Bank →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Guardian Credit Union process?
Guardian Credit Union processed 1,050 mortgage applications in the 2024 HMDA reporting year. Of these, 370 were originated (approved and funded), and 498 were denied.
What is Guardian Credit Union's mortgage approval rate?
Guardian Credit Union has an approval (origination) rate of 35.2%, meaning 35.2% of all applications resulted in a funded mortgage. The denial rate is 47.4%.
What is the average loan amount at Guardian Credit Union?
The average mortgage loan amount at Guardian Credit Union is $114,914. The average interest rate is 7.426%. The average applicant income is $34,000.
What are the most common reasons for mortgage denial at Guardian Credit Union?
The most common reasons for mortgage denial at Guardian Credit Union are: Credit history, Debt-to-income ratio, Insufficient cash. In total, 498 applications were denied out of 1,050 total applications.
What types of mortgage loans does Guardian Credit Union offer?
Guardian Credit Union processes Conventional, FHA, USDA, VA loans. The most common type is Conventional with 1,036 applications and an average loan amount of $114,681.
What loan purposes does Guardian Credit Union serve?
Guardian Credit Union serves the following loan purposes: Home Purchase (470 applications), Cash-out Refinancing (445 applications), Refinancing (129 applications), Other (6 applications). Home Purchase is the most common purpose.
Where is Guardian Credit Union located?
Guardian Credit Union is headquartered in MONTGOMERY, AL. The lender is identified by LEI 549300GLDL4X3U4RFI74 in HMDA data.
How does Guardian Credit Union compare in lending across racial demographics?
Guardian Credit Union reports demographic lending data under HMDA requirements. White applicants have an approval rate of 45.4% and denial rate of 37.4%; Black or African American applicants have an approval rate of 23.0% and denial rate of 61.2%; Asian applicants have an approval rate of 37.5% and denial rate of 37.5%. 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.