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Houston Police Federal Credit Union

Houston, TX

Houston Police Federal Credit Union processed 214 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 134 loans with a 10.8% denial rate. Home Improvement was the primary loan purpose. Based in Houston, TX. The approval rate of 62.6% 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Houston Police Federal Credit Union's 62.6% origination rate tells you how often an application turned into funded money; the 10.8% 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, Collateral, which together explain the majority of rejections. Most activity concentrated in Conventional loans (214 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.

214
Applications
134
Originated
10.8%
Denial Rate
$127,523
Avg Loan Amount
Avg Interest Rate: 7.113% Avg Applicant Income: $37,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 214 134 23 $127,523

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Houston Police Federal Credit Union (LEI: 549300WX4YO71NFO5362) · 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 Approval rates exclude withdrawn / incomplete applications.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
13
Debt-to-income ratio
11
Collateral
7
Employment history
2
Other
2
Unverifiable information
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Improvement 123 81 $111,179
Other 63 46 $119,762
Home Purchase 13 4 $277,308
Cash-out Refinancing 10 3 $149,000
Refinancing 4 0 $197,500

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 132 67.4% 10.6%
Black or African American * 42 64.3% 4.8%
Asian * 8 62.5% 12.5%
Joint * 4 100.0% 0.0%
American Indian or Alaska Native * 2 100.0% 0.0%
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 100 74.0% 3.0%
Hispanic or Latino 63 60.3% 19.1%
Joint * 15 60.0% 20.0%

* 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 Houston Police Federal Credit Union vs Nationstar Mortgage →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Houston Police Federal Credit Union process?
Houston Police Federal Credit Union processed 214 mortgage applications in the 2024 HMDA reporting year. Of these, 134 were originated (approved and funded), 20 were withdrawn by the applicant, and 23 were denied.
What is Houston Police Federal Credit Union's mortgage approval rate?
Houston Police Federal Credit Union has an approval (origination) rate of 62.6%, meaning 62.6% of all applications resulted in a funded mortgage. The denial rate is 10.8%.
What is the average loan amount at Houston Police Federal Credit Union?
The average mortgage loan amount at Houston Police Federal Credit Union is $127,523. The average interest rate is 7.113%. The average applicant income is $37,000.
What are the most common reasons for mortgage denial at Houston Police Federal Credit Union?
The most common reasons for mortgage denial at Houston Police Federal Credit Union are: Credit history, Debt-to-income ratio, Collateral. In total, 23 applications were denied out of 214 total applications.
What types of mortgage loans does Houston Police Federal Credit Union offer?
Houston Police Federal Credit Union processes Conventional loans. The most common type is Conventional with 214 applications and an average loan amount of $127,523.
What loan purposes does Houston Police Federal Credit Union serve?
Houston Police Federal Credit Union serves the following loan purposes: Home Improvement (123 applications), Other (63 applications), Home Purchase (13 applications), Cash-out Refinancing (10 applications), Refinancing (4 applications). Home Improvement is the most common purpose.
Where is Houston Police Federal Credit Union located?
Houston Police Federal Credit Union is headquartered in Houston, TX. The lender is identified by LEI 549300WX4YO71NFO5362 in HMDA data.
How does Houston Police Federal Credit Union compare in lending across racial demographics?
Houston Police Federal Credit Union reports demographic lending data under HMDA requirements. White applicants have an approval rate of 67.4% and denial rate of 10.6%; Black or African American applicants have an approval rate of 64.3% and denial rate of 4.8%; Asian applicants have an approval rate of 62.5% and denial rate of 12.5%. 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.