Together Credit Union

423 LYNCH STREET, MO

Together Credit Union processed 2,196 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 1,387 loans with a 15.4% denial rate. Other was the primary loan purpose. Based in 423 LYNCH STREET, MO. The approval rate of 63.2% 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Together Credit Union's 63.2% origination rate tells you how often an application turned into funded money; the 15.4% 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, Other, which together explain the majority of rejections. Most activity concentrated in Conventional loans (2,194 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.

2,196
Applications
1,387
Originated
15.4%
Denial Rate
$174,344
Avg Loan Amount
Avg Interest Rate: 7.811% Avg Applicant Income: $35,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 2,194 1,386 339 $174,339
FHA 2 1 0 $180,000

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Together Credit Union (LEI: 549300YDBNK66R6ZES34) · 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 Approval rates exclude withdrawn / incomplete applications.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
172
Debt-to-income ratio
168
Other
82
Collateral
49
Unverifiable information
15
Insufficient cash
5
Employment history
2
Mortgage insurance denied
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Other 719 455 $76,029
Home Purchase 644 433 $322,019
Refinancing 395 245 $169,684
Home Improvement 277 169 $80,993
Cash-out Refinancing 161 85 $194,752

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 1,455 66.2% 13.3%
Black or African American 163 43.6% 35.6%
Asian 63 55.6% 15.9%
Joint * 40 57.5% 20.0%
2 or more minority races * 7 42.9% 28.6%
American Indian or Alaska Native * 5 40.0% 40.0%
Native Hawaiian or Other Pacific Islander * 3 66.7% 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 1,589 63.6% 15.6%
Hispanic or Latino 86 51.2% 17.4%
Joint * 40 70.0% 17.5%

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

Nearby Lenders in MO

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

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Together Credit Union process?
Together Credit Union processed 2,196 mortgage applications in the 2024 HMDA reporting year. Of these, 1,387 were originated (approved and funded), 347 were withdrawn by the applicant, and 339 were denied.
What is Together Credit Union's mortgage approval rate?
Together Credit Union has an approval (origination) rate of 63.2%, meaning 63.2% of all applications resulted in a funded mortgage. The denial rate is 15.4%.
What is the average loan amount at Together Credit Union?
The average mortgage loan amount at Together Credit Union is $174,344. The average interest rate is 7.811%. The average applicant income is $35,000.
What are the most common reasons for mortgage denial at Together Credit Union?
The most common reasons for mortgage denial at Together Credit Union are: Credit history, Debt-to-income ratio, Other. In total, 339 applications were denied out of 2,196 total applications.
What types of mortgage loans does Together Credit Union offer?
Together Credit Union processes Conventional, FHA loans. The most common type is Conventional with 2,194 applications and an average loan amount of $174,339.
What loan purposes does Together Credit Union serve?
Together Credit Union serves the following loan purposes: Other (719 applications), Home Purchase (644 applications), Refinancing (395 applications), Home Improvement (277 applications), Cash-out Refinancing (161 applications). Other is the most common purpose.
Where is Together Credit Union located?
Together Credit Union is headquartered in 423 LYNCH STREET, MO. The lender is identified by LEI 549300YDBNK66R6ZES34 in HMDA data.
How does Together Credit Union compare in lending across racial demographics?
Together Credit Union reports demographic lending data under HMDA requirements. White applicants have an approval rate of 66.2% and denial rate of 13.3%; Black or African American applicants have an approval rate of 43.6% and denial rate of 35.6%; Asian applicants have an approval rate of 55.6% and denial rate of 15.9%. This data reflects derived race categories as reported by applicants.

Data Sources

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.