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Interstate Credit Union

Jesup, GA

Interstate Credit Union processed 194 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 98 loans with a 22.2% denial rate. Home Purchase was the primary loan purpose. Based in Jesup, GA. The approval rate of 50.5% 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. Interstate Credit Union processed 194 HMDA-reported mortgage applications in 2024, originating 98 loans and denying 43 for a denial rate of 22.2% (applicants themselves withdrew 42 files before a decision). The average loan amount was $86,237 at a 8.830% average note rate, and applicants self-reported an average income of $33,000. The lender reports under LEI 549300Z6CO0YC8ULYR28 from Jesup, GA.

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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Interstate Credit Union's 50.5% origination rate tells you how often an application turned into funded money; the 22.2% 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 (192 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.

194
Applications
98
Originated
22.2%
Denial Rate
$86,237
Avg Loan Amount
Avg Interest Rate: 8.830% Avg Applicant Income: $33,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 192 98 42 $85,469
FHA 2 0 1 $160,000

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for Interstate Credit Union (LEI: 549300Z6CO0YC8ULYR28) · 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
33
Debt-to-income ratio
13
Other
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 62 32 $121,935
Home Improvement 42 24 $50,000
Other 37 20 $65,000
Cash-out Refinancing 32 16 $84,063
Refinancing 15 6 $89,000

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 153 55.6% 18.9%
Black or African American 37 29.7% 35.1%
Joint 2 50.0% 50.0%

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 184 50.0% 22.8%
Hispanic or Latino 7 57.1% 0.0%
Joint 3 66.7% 33.3%

Nearby Lenders in GA

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

AMERISAVE MORTGAGE COMPANY

SANDY SPRINGS, GA

107,775 apps 16,102 originated 69.0% denied

Ameris Bank

Atlanta, GA

20,452 apps 14,604 originated 7.8% denied

Equity Prime Mortgage LLC

Atlanta, GA

18,565 apps 10,954 originated 3.6% denied

RENASANT BANK

JOHNS CREEK, GA

10,267 apps 7,420 originated 9.3% denied

SYNOVUS BANK

COLUMBUS, GA

8,388 apps 5,114 originated 21.6% denied
Compare Interstate Credit Union vs AMERISAVE MORTGAGE COMPANY →

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 Interstate Credit Union process?
Interstate Credit Union processed 194 mortgage applications in the 2023 HMDA reporting year. Of these, 98 were originated (approved and funded), 42 were withdrawn by the applicant, and 43 were denied.
What is Interstate Credit Union's mortgage approval rate?
Interstate Credit Union has an approval (origination) rate of 50.5%, meaning 50.5% of all applications resulted in a funded mortgage. The denial rate is 22.2%.
What is the average loan amount at Interstate Credit Union?
The average mortgage loan amount at Interstate Credit Union is $86,237. The average interest rate is 8.830%. The average applicant income is $33,000.
What are the most common reasons for mortgage denial at Interstate Credit Union?
The most common reasons for mortgage denial at Interstate Credit Union are: Credit history, Debt-to-income ratio, Other. In total, 43 applications were denied out of 194 total applications.
What types of mortgage loans does Interstate Credit Union offer?
Interstate Credit Union processes Conventional, FHA loans. The most common type is Conventional with 192 applications and an average loan amount of $85,469.
What loan purposes does Interstate Credit Union serve?
Interstate Credit Union serves the following loan purposes: Home Purchase (62 applications), Home Improvement (42 applications), Other (37 applications), Cash-out Refinancing (32 applications), Refinancing (15 applications). Home Purchase is the most common purpose.
Where is Interstate Credit Union located?
Interstate Credit Union is headquartered in Jesup, GA. The lender is identified by LEI 549300Z6CO0YC8ULYR28 in HMDA data.
How does Interstate Credit Union compare in lending across racial demographics?
Interstate Credit Union reports demographic lending data under HMDA requirements. White applicants have an approval rate of 55.6% and denial rate of 18.9%; Black or African American applicants have an approval rate of 29.7% and denial rate of 35.1%; Joint applicants have an approval rate of 50.0% and denial rate of 50.0%. 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.