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Truliant Federal Credit Union

Winston Salem, NC

Truliant Federal Credit Union processed 9,869 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 4,850 loans with a 40.5% denial rate. Home Improvement was the primary loan purpose. Based in Winston Salem, NC. The approval rate of 49.1% 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Truliant Federal Credit Union's 49.1% origination rate tells you how often an application turned into funded money; the 40.5% 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, Other, which together explain the majority of rejections. Most activity concentrated in Conventional loans (9,810 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.

9,869
Applications
4,850
Originated
40.5%
Denial Rate
$115,607
Avg Loan Amount
Avg Interest Rate: 8.275% Avg Applicant Income: $36,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 9,810 4,822 3,993 $114,520
FHA 43 18 3 $302,674
VA 16 10 2 $279,375

Top loan types - Truliant Federal Credit Union

Top loan types - Truliant Federal Credit Union Horizontal bar chart of the top 3 items by value (applications). Top loan types - Truliant Federal Credit Union Top 3 1. Conventional 9,810 2. FHA 43 3. VA 16 Top 5 loan types by application volume at Truliant 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 Truliant Federal Credit Union (LEI: 549300VXXDSMSH313G18) · 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
1,368
Credit history
1,109
Other
1,056
Collateral
650
Unverifiable information
432
Employment history
21
Credit application incomplete
3
Insufficient cash
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Improvement 3,437 1,614 $88,317
Other 2,822 1,180 $76,460
Refinancing 1,732 983 $126,472
Home Purchase 1,022 654 $294,814
Cash-out Refinancing 856 419 $118,294

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 6,220 53.6% 36.7%
Black or African American 1,766 38.9% 50.7%
Asian 197 40.1% 48.2%
Joint 126 61.9% 30.9%
American Indian or Alaska Native * 43 37.2% 53.5%
Native Hawaiian or Other Pacific Islander * 20 50.0% 45.0%
2 or more minority races * 15 13.3% 73.3%

* 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 6,788 53.3% 37.1%
Hispanic or Latino 1,513 35.8% 54.0%
Joint 139 49.6% 38.9%

Nearby Lenders in NC

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

Truist Bank

RALEIGH, NC

105,457 apps 35,865 originated 30.8% denied

Wells Fargo Bank NA

WINSTON SALEM, NC

89,959 apps 37,240 originated 19.4% denied

State Employees' Credit Union

Raleigh, NC

46,508 apps 28,065 originated 23.7% denied

Cardinal Financial Company, Li

CHARLOTTE, NC

30,212 apps 15,327 originated 6.7% denied

First Ciitizens Bank and Trust

Raleigh, NC

23,256 apps 15,162 originated 21.0% denied
Compare Truliant Federal Credit Union vs Truist Bank →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Truliant Federal Credit Union process?
Truliant Federal Credit Union processed 9,869 mortgage applications in the 2024 HMDA reporting year. Of these, 4,850 were originated (approved and funded), 805 were withdrawn by the applicant, and 3,998 were denied.
What is Truliant Federal Credit Union's mortgage approval rate?
Truliant Federal Credit Union has an approval (origination) rate of 49.1%, meaning 49.1% of all applications resulted in a funded mortgage. The denial rate is 40.5%.
What is the average loan amount at Truliant Federal Credit Union?
The average mortgage loan amount at Truliant Federal Credit Union is $115,607. The average interest rate is 8.275%. The average applicant income is $36,000.
What are the most common reasons for mortgage denial at Truliant Federal Credit Union?
The most common reasons for mortgage denial at Truliant Federal Credit Union are: Debt-to-income ratio, Credit history, Other. In total, 3,998 applications were denied out of 9,869 total applications.
What types of mortgage loans does Truliant Federal Credit Union offer?
Truliant Federal Credit Union processes Conventional, FHA, VA loans. The most common type is Conventional with 9,810 applications and an average loan amount of $114,520.
What loan purposes does Truliant Federal Credit Union serve?
Truliant Federal Credit Union serves the following loan purposes: Home Improvement (3,437 applications), Other (2,822 applications), Refinancing (1,732 applications), Home Purchase (1,022 applications), Cash-out Refinancing (856 applications). Home Improvement is the most common purpose.
Where is Truliant Federal Credit Union located?
Truliant Federal Credit Union is headquartered in Winston Salem, NC. The lender is identified by LEI 549300VXXDSMSH313G18 in HMDA data.
How does Truliant Federal Credit Union compare in lending across racial demographics?
Truliant Federal Credit Union reports demographic lending data under HMDA requirements. White applicants have an approval rate of 53.6% and denial rate of 36.7%; Black or African American applicants have an approval rate of 38.9% and denial rate of 50.7%; Asian applicants have an approval rate of 40.1% and denial rate of 48.2%. 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.