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Universal 1 Credit Union Inc.

DAYTON, OH

Universal 1 Credit Union Inc. processed 281 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 189 loans with a 12.8% denial rate. Other was the primary loan purpose. Based in DAYTON, OH. The approval rate of 67.3% 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Universal 1 Credit Union Inc.'s 67.3% origination rate tells you how often an application turned into funded money; the 12.8% 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 (278 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.

281
Applications
189
Originated
12.8%
Denial Rate
$90,907
Avg Loan Amount
Avg Interest Rate: 8.073% Avg Applicant Income: $35,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 278 188 34 $90,000
FHA 2 0 2 $90,000
VA 1 1 0 $345,000

Top loan types - Universal 1 Credit Union Inc.

Top loan types - Universal 1 Credit Union Inc. Horizontal bar chart of the top 3 items by value (applications). Top loan types - Universal 1 Credit Union Inc. Top 3 1. Conventional 278 2. FHA 2 3. VA 1 Top 5 loan types by application volume at Universal 1 Credit Union Inc. (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 Universal 1 Credit Union Inc. (LEI: 549300SU3TF26I8KB315) · 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
20
Credit history
17
Collateral
5
Credit application incomplete
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Other 111 74 $71,486
Home Improvement 91 68 $55,000
Home Purchase 42 29 $183,095
Cash-out Refinancing 23 10 $145,435
Refinancing 14 8 $112,143

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 220 73.6% 9.1%
Black or African American * 33 36.4% 36.4%
2 or more minority races * 3 33.3% 33.3%
American Indian or Alaska Native * 2 100.0% 0.0%
Asian * 2 100.0% 0.0%
Joint * 2 100.0% 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 254 68.9% 12.6%
Hispanic or Latino * 2 50.0% 50.0%
Joint * 2 100.0% 0.0%

* 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 Universal 1 Credit Union Inc. vs Us Bank, N.A. →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Universal 1 Credit Union Inc. process?
Universal 1 Credit Union Inc. processed 281 mortgage applications in the 2024 HMDA reporting year. Of these, 189 were originated (approved and funded), 53 were withdrawn by the applicant, and 36 were denied.
What is Universal 1 Credit Union Inc.'s mortgage approval rate?
Universal 1 Credit Union Inc. has an approval (origination) rate of 67.3%, meaning 67.3% of all applications resulted in a funded mortgage. The denial rate is 12.8%.
What is the average loan amount at Universal 1 Credit Union Inc.?
The average mortgage loan amount at Universal 1 Credit Union Inc. is $90,907. The average interest rate is 8.073%. The average applicant income is $35,000.
What are the most common reasons for mortgage denial at Universal 1 Credit Union Inc.?
The most common reasons for mortgage denial at Universal 1 Credit Union Inc. are: Debt-to-income ratio, Credit history, Collateral. In total, 36 applications were denied out of 281 total applications.
What types of mortgage loans does Universal 1 Credit Union Inc. offer?
Universal 1 Credit Union Inc. processes Conventional, FHA, VA loans. The most common type is Conventional with 278 applications and an average loan amount of $90,000.
What loan purposes does Universal 1 Credit Union Inc. serve?
Universal 1 Credit Union Inc. serves the following loan purposes: Other (111 applications), Home Improvement (91 applications), Home Purchase (42 applications), Cash-out Refinancing (23 applications), Refinancing (14 applications). Other is the most common purpose.
Where is Universal 1 Credit Union Inc. located?
Universal 1 Credit Union Inc. is headquartered in DAYTON, OH. The lender is identified by LEI 549300SU3TF26I8KB315 in HMDA data.
How does Universal 1 Credit Union Inc. compare in lending across racial demographics?
Universal 1 Credit Union Inc. reports demographic lending data under HMDA requirements. White applicants have an approval rate of 73.6% and denial rate of 9.1%; Black or African American applicants have an approval rate of 36.4% and denial rate of 36.4%; 2 or more minority races applicants have an approval rate of 33.3% and denial rate of 33.3%. 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.