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Publix Employees Federal Credit Union

LAKELAND, FL

Publix Employees Federal Credit Union processed 478 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 124 loans with a 14.4% denial rate. Other was the primary loan purpose. Based in LAKELAND, FL. The approval rate of 25.9% 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Publix Employees Federal Credit Union's 25.9% origination rate tells you how often an application turned into funded money; the 14.4% 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, Employment history, which together explain the majority of rejections. Most activity concentrated in Conventional loans (478 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.

478
Applications
124
Originated
14.4%
Denial Rate
$213,912
Avg Loan Amount
Avg Interest Rate: 6.966% Avg Applicant Income: $36,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 478 124 69 $213,912

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Publix Employees Federal Credit Union (LEI: 5493009KQ3D6Q5VM0B61) · 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 Approval rates exclude withdrawn / incomplete applications.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
42
Debt-to-income ratio
26
Employment history
4
Collateral
2
Other
1
Unverifiable information
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Other 158 29 $91,582
Home Purchase 138 34 $293,986
Home Improvement 73 40 $83,767
Cash-out Refinancing 69 11 $169,058
Refinancing 40 10 $735,750

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 259 27.4% 13.1%
Black or African American 69 18.8% 24.6%
Asian * 11 36.4% 0.0%
Joint * 8 0.0% 12.5%
American Indian or Alaska Native * 2 0.0% 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 265 25.7% 16.6%
Hispanic or Latino 62 21.0% 8.1%
Joint * 12 41.7% 16.7%

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

Nearby Lenders in FL

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

Freedom Mortgage Corporation

BOCA RATON, FL

252,504 apps 57,345 originated 4.9% denied

Lakeview Loan Servicing, LLC

Coral Gables, FL

96,650 apps 10,540 originated 25.2% denied

Triad Financial Services, INC.

JACKSONVILLE, FL

86,581 apps 12,731 originated 55.6% denied

Lennar Mortgage, LLC

MIAMI, FL

75,233 apps 55,530 originated 12.4% denied

Phh Mortgage Corporation

West Palm Beach, FL

62,326 apps 4,770 originated 3.4% denied
Compare Publix Employees Federal Credit Union vs Freedom Mortgage Corporation →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Publix Employees Federal Credit Union process?
Publix Employees Federal Credit Union processed 478 mortgage applications in the 2024 HMDA reporting year. Of these, 124 were originated (approved and funded), 162 were withdrawn by the applicant, and 69 were denied.
What is Publix Employees Federal Credit Union's mortgage approval rate?
Publix Employees Federal Credit Union has an approval (origination) rate of 25.9%, meaning 25.9% of all applications resulted in a funded mortgage. The denial rate is 14.4%.
What is the average loan amount at Publix Employees Federal Credit Union?
The average mortgage loan amount at Publix Employees Federal Credit Union is $213,912. The average interest rate is 6.966%. The average applicant income is $36,000.
What are the most common reasons for mortgage denial at Publix Employees Federal Credit Union?
The most common reasons for mortgage denial at Publix Employees Federal Credit Union are: Credit history, Debt-to-income ratio, Employment history. In total, 69 applications were denied out of 478 total applications.
What types of mortgage loans does Publix Employees Federal Credit Union offer?
Publix Employees Federal Credit Union processes Conventional loans. The most common type is Conventional with 478 applications and an average loan amount of $213,912.
What loan purposes does Publix Employees Federal Credit Union serve?
Publix Employees Federal Credit Union serves the following loan purposes: Other (158 applications), Home Purchase (138 applications), Home Improvement (73 applications), Cash-out Refinancing (69 applications), Refinancing (40 applications). Other is the most common purpose.
Where is Publix Employees Federal Credit Union located?
Publix Employees Federal Credit Union is headquartered in LAKELAND, FL. The lender is identified by LEI 5493009KQ3D6Q5VM0B61 in HMDA data.
How does Publix Employees Federal Credit Union compare in lending across racial demographics?
Publix Employees Federal Credit Union reports demographic lending data under HMDA requirements. White applicants have an approval rate of 27.4% and denial rate of 13.1%; Black or African American applicants have an approval rate of 18.8% and denial rate of 24.6%; Asian applicants have an approval rate of 36.4% 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.