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Telhio Credit Union, INC.

COLUMBUS, OH

Telhio Credit Union, INC. processed 1,183 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 699 loans with a 17.7% denial rate. Other was the primary loan purpose. Based in COLUMBUS, OH. The approval rate of 59.1% 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Telhio Credit Union, INC.'s 59.1% origination rate tells you how often an application turned into funded money; the 17.7% 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, Credit application incomplete, which together explain the majority of rejections. Most activity concentrated in Conventional loans (1,183 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.

1,183
Applications
699
Originated
17.7%
Denial Rate
$148,221
Avg Loan Amount
Avg Interest Rate: 8.268% Avg Applicant Income: $36,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 1,183 699 209 $148,221

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Telhio Credit Union, INC. (LEI: 549300ZJK68X6PQU2308) · 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 Approval rates exclude withdrawn / incomplete applications.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
117
Credit history
50
Credit application incomplete
50
Collateral
24
Employment history
4
Other
1
Unverifiable information
1
Insufficient cash
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Other 433 213 $74,099
Home Purchase 273 196 $319,469
Home Improvement 255 142 $87,510
Cash-out Refinancing 189 126 $157,593
Refinancing 33 22 $119,545

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 763 65.3% 14.2%
Black or African American 207 57.5% 19.8%
Asian 65 43.1% 27.7%
Joint * 23 60.9% 21.7%
American Indian or Alaska Native * 7 42.9% 14.3%
2 or more minority races * 5 40.0% 20.0%
Native Hawaiian or Other Pacific Islander * 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 983 62.5% 16.4%
Hispanic or Latino * 35 37.1% 28.6%
Joint * 15 80.0% 6.7%

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

Nearby Lenders in OH

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

Us Bank, N.A.

CINCINNATI, OH

202,480 apps 74,512 originated 26.8% denied

Crosscountry Mortgage, LLC

Cleveland, OH

157,258 apps 101,894 originated 2.4% denied

JPMorgan Chase Bank, NA

Columbus, OH

150,113 apps 80,744 originated 8.1% denied

Huntington National Bank

Columbus, OH

99,675 apps 52,025 originated 28.8% denied

Fifth Third Bank, National Association

Cincinnati, OH

64,220 apps 30,494 originated 23.9% denied
Compare Telhio Credit Union, INC. vs Us Bank, N.A. →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Telhio Credit Union, INC. process?
Telhio Credit Union, INC. processed 1,183 mortgage applications in the 2024 HMDA reporting year. Of these, 699 were originated (approved and funded), 131 were withdrawn by the applicant, and 209 were denied.
What is Telhio Credit Union, INC.'s mortgage approval rate?
Telhio Credit Union, INC. has an approval (origination) rate of 59.1%, meaning 59.1% of all applications resulted in a funded mortgage. The denial rate is 17.7%.
What is the average loan amount at Telhio Credit Union, INC.?
The average mortgage loan amount at Telhio Credit Union, INC. is $148,221. The average interest rate is 8.268%. The average applicant income is $36,000.
What are the most common reasons for mortgage denial at Telhio Credit Union, INC.?
The most common reasons for mortgage denial at Telhio Credit Union, INC. are: Debt-to-income ratio, Credit history, Credit application incomplete. In total, 209 applications were denied out of 1,183 total applications.
What types of mortgage loans does Telhio Credit Union, INC. offer?
Telhio Credit Union, INC. processes Conventional loans. The most common type is Conventional with 1,183 applications and an average loan amount of $148,221.
What loan purposes does Telhio Credit Union, INC. serve?
Telhio Credit Union, INC. serves the following loan purposes: Other (433 applications), Home Purchase (273 applications), Home Improvement (255 applications), Cash-out Refinancing (189 applications), Refinancing (33 applications). Other is the most common purpose.
Where is Telhio Credit Union, INC. located?
Telhio Credit Union, INC. is headquartered in COLUMBUS, OH. The lender is identified by LEI 549300ZJK68X6PQU2308 in HMDA data.
How does Telhio Credit Union, INC. compare in lending across racial demographics?
Telhio Credit Union, INC. reports demographic lending data under HMDA requirements. White applicants have an approval rate of 65.3% and denial rate of 14.2%; Black or African American applicants have an approval rate of 57.5% and denial rate of 19.8%; Asian applicants have an approval rate of 43.1% and denial rate of 27.7%. 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.