Randolph-Brooks Federal Credit Union

Universal City, TX

Randolph-Brooks Federal Credit Union processed 14,853 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 6,955 loans with a 11.0% denial rate. Cash-out Refinancing was the primary loan purpose. Based in Universal City, TX. The approval rate of 46.8% 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. Randolph-Brooks Federal Credit Union processed 14,853 HMDA-reported mortgage applications in 2024, originating 6,955 loans and denying 1,637 for a denial rate of 11.0% (applicants themselves withdrew 2,392 files before a decision). The average loan amount was $176,255 at a 7.168% average note rate, and applicants self-reported an average income of $40,000. The lender reports under LEI 549300LU6Y2TXG48QY48 from Universal City, TX.

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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Randolph-Brooks Federal Credit Union's 46.8% origination rate tells you how often an application turned into funded money; the 11.0% 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 (14,853 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.

14,853
Applications
6,955
Originated
11.0%
Denial Rate
$176,255
Avg Loan Amount
Avg Interest Rate: 7.168% Avg Applicant Income: $40,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 14,853 6,955 1,637 $176,255

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for Randolph-Brooks Federal Credit Union (LEI: 549300LU6Y2TXG48QY48) · 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

Debt-to-income ratio
930
Credit history
499
Collateral
388
Employment history
39
Unverifiable information
12
Other
11
Insufficient cash
4
Credit application incomplete
2

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Cash-out Refinancing 10,431 5,631 $108,687
Home Purchase 3,823 1,099 $358,228
Refinancing 330 109 $272,758
Home Improvement 269 116 $91,766

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 8,971 49.3% 11.0%
Asian 955 42.6% 10.3%
Black or African American 816 48.0% 13.6%
Joint 353 52.7% 8.8%
American Indian or Alaska Native 272 34.6% 15.1%
2 or more minority races 45 48.9% 8.9%
Native Hawaiian or Other Pacific Islander 28 67.9% 14.3%

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 6,422 51.3% 9.4%
Hispanic or Latino 5,402 42.1% 14.4%
Joint 900 52.0% 8.8%

Nearby Lenders in TX

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

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Randolph-Brooks Federal Credit Union process?
Randolph-Brooks Federal Credit Union processed 14,853 mortgage applications in the 2023 HMDA reporting year. Of these, 6,955 were originated (approved and funded), 2,392 were withdrawn by the applicant, and 1,637 were denied.
What is Randolph-Brooks Federal Credit Union's mortgage approval rate?
Randolph-Brooks Federal Credit Union has an approval (origination) rate of 46.8%, meaning 46.8% of all applications resulted in a funded mortgage. The denial rate is 11.0%.
What is the average loan amount at Randolph-Brooks Federal Credit Union?
The average mortgage loan amount at Randolph-Brooks Federal Credit Union is $176,255. The average interest rate is 7.168%. The average applicant income is $40,000.
What are the most common reasons for mortgage denial at Randolph-Brooks Federal Credit Union?
The most common reasons for mortgage denial at Randolph-Brooks Federal Credit Union are: Debt-to-income ratio, Credit history, Collateral. In total, 1,637 applications were denied out of 14,853 total applications.
What types of mortgage loans does Randolph-Brooks Federal Credit Union offer?
Randolph-Brooks Federal Credit Union processes Conventional loans. The most common type is Conventional with 14,853 applications and an average loan amount of $176,255.
What loan purposes does Randolph-Brooks Federal Credit Union serve?
Randolph-Brooks Federal Credit Union serves the following loan purposes: Cash-out Refinancing (10,431 applications), Home Purchase (3,823 applications), Refinancing (330 applications), Home Improvement (269 applications). Cash-out Refinancing is the most common purpose.
Where is Randolph-Brooks Federal Credit Union located?
Randolph-Brooks Federal Credit Union is headquartered in Universal City, TX. The lender is identified by LEI 549300LU6Y2TXG48QY48 in HMDA data.
How does Randolph-Brooks Federal Credit Union compare in lending across racial demographics?
Randolph-Brooks Federal Credit Union reports demographic lending data under HMDA requirements. White applicants have an approval rate of 49.3% and denial rate of 11.0%; Asian applicants have an approval rate of 42.6% and denial rate of 10.3%; Black or African American applicants have an approval rate of 48.0% and denial rate of 13.6%. 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.