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Kansas State University Federal Credit Union

Manhattan, KS

Kansas State University Federal Credit Union processed 73 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 30 loans with a 19.2% denial rate. Home Purchase was the primary loan purpose. Based in Manhattan, KS. The approval rate of 41.1% 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Kansas State University Federal Credit Union's 41.1% origination rate tells you how often an application turned into funded money; the 19.2% 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, Collateral, which together explain the majority of rejections. Most activity concentrated in Conventional loans (71 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.

73
Applications
30
Originated
19.2%
Denial Rate
$150,890
Avg Loan Amount
Avg Interest Rate: 6.900% Avg Applicant Income: $32,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 71 29 14 $148,099
USDA 1 0 0 $255,000
VA 1 1 0 $245,000

Top loan types - Kansas State University Federal Credit Union

Top loan types - Kansas State University Federal Credit Union Horizontal bar chart of the top 3 items by value (applications). Top loan types - Kansas State University Federal Credit Union Top 3 1. Conventional 71 2. USDA 1 3. VA 1 Top 5 loan types by application volume at Kansas State University Federal 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 Kansas State University Federal Credit Union (LEI: 5493007700FZNYYEHT38) · 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
5
Credit history
5
Collateral
3
Employment history
2
Insufficient cash
1
Other
1
Unverifiable information
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 39 18 $176,026
Refinancing 24 7 $110,833
Cash-out Refinancing 10 5 $149,000

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 59 42.4% 22.0%
Asian * 2 50.0% 0.0%
American Indian or Alaska Native * 1 0.0% 0.0%
Black or African American * 1 0.0% 100.0%
Joint * 1 100.0% 0.0%

* 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 61 41.0% 21.3%
Hispanic or Latino * 3 66.7% 33.3%
Joint * 1 100.0% 0.0%

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

Nearby Lenders in KS

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

Communityamerica Credit Union

LENEXA, KS

9,380 apps 6,246 originated 15.0% denied

Leaderone Financial CORP.

OVERLAND PARK, KS

6,935 apps 4,570 originated 7.7% denied

Farmers Bank & Trust

GREAT BEND, KS

2,656 apps 1,284 originated 8.0% denied

Capitol Federal Savings Bank

Lawrence, KS

2,539 apps 1,705 originated 9.7% denied

Armed Forces Bank, N.A.

Leavenworth, KS

2,058 apps 1,191 originated 11.5% denied
Compare Kansas State University Federal Credit Union vs Communityamerica Credit Union →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Kansas State University Federal Credit Union process?
Kansas State University Federal Credit Union processed 73 mortgage applications in the 2024 HMDA reporting year. Of these, 30 were originated (approved and funded), 20 were withdrawn by the applicant, and 14 were denied.
What is Kansas State University Federal Credit Union's mortgage approval rate?
Kansas State University Federal Credit Union has an approval (origination) rate of 41.1%, meaning 41.1% of all applications resulted in a funded mortgage. The denial rate is 19.2%.
What is the average loan amount at Kansas State University Federal Credit Union?
The average mortgage loan amount at Kansas State University Federal Credit Union is $150,890. The average interest rate is 6.900%. The average applicant income is $32,000.
What are the most common reasons for mortgage denial at Kansas State University Federal Credit Union?
The most common reasons for mortgage denial at Kansas State University Federal Credit Union are: Debt-to-income ratio, Credit history, Collateral. In total, 14 applications were denied out of 73 total applications.
What types of mortgage loans does Kansas State University Federal Credit Union offer?
Kansas State University Federal Credit Union processes Conventional, USDA, VA loans. The most common type is Conventional with 71 applications and an average loan amount of $148,099.
What loan purposes does Kansas State University Federal Credit Union serve?
Kansas State University Federal Credit Union serves the following loan purposes: Home Purchase (39 applications), Refinancing (24 applications), Cash-out Refinancing (10 applications). Home Purchase is the most common purpose.
Where is Kansas State University Federal Credit Union located?
Kansas State University Federal Credit Union is headquartered in Manhattan, KS. The lender is identified by LEI 5493007700FZNYYEHT38 in HMDA data.
How does Kansas State University Federal Credit Union compare in lending across racial demographics?
Kansas State University Federal Credit Union reports demographic lending data under HMDA requirements. White applicants have an approval rate of 42.4% and denial rate of 22.0%; Asian applicants have an approval rate of 50.0% and denial rate of 0.0%; American Indian or Alaska Native applicants have an approval rate of 0.0% 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.

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.