Ground Figures
Lenders → Midflorida Credit Union

Midflorida Credit Union

Credit union · #369 by purchase decisions in 2025 · Conventional 97%. Above 50% DTI on conventional files it approved 2% of 60.

Conventional · above 50% DTI
2%

approved of 60 decisions. Across all bands and programs: 70% of 1,057.

Purchase decisions
1,093
Approved, all
70%
Lender type
Credit union
States with 50+ decisions
1

Approval by DTI band

Each row is approved versus denied among files whose decision used that ratio. Read the 50–60% row against the ≤43% row: a gap is the signature of a wall at 50.

Conventional

DTI bandDecisionsApproved · deniedDenials citing DTI
≤43%755
83%
7%
44–45%57
84%
22%
46–49%87
67%
59%
50–60%60
2%
83%
>60%98
2%
89%

Rates and costs

Compared with the national market in the same LTV band and points-paid cell; 30-year fixed conforming purchase loans. Builder-owned lenders buy rates down as a sales incentive, which is paid for in the house price.

Conventional rate vs market
-23 bps
Conventional median, no points
6.375%
Conventional median loan costs
$5,625
Why it says no: first-listed denial reason, 2025 WHY IT SAYS NO: FIRST-LISTED DENIAL REASON, 2025 Debt-to-income ratio Debt-to-income ratio: 50% approved of 162 50% Credit history Credit history: 22% approved of 71 22% Collateral Collateral: 10% approved of 33 10% Other Other: 6% approved of 18 6% Application incomplete Application incomplete: 6% approved of 18 6% Insufficient cash Insufficient cash: 3% approved of 10 3% Approval by loan-to-value band, all programs APPROVAL BY LOAN-TO-VALUE BAND, ALL PROGRAMS LTV ≤80% LTV ≤80%: 74% approved of 763 74% LTV 80–95% LTV 80–95%: 61% approved of 255 61%

Where it lends

Florida (1,086), North Carolina (2), Oklahoma (1), South Carolina (1), Tennessee (1), Georgia (1), Alabama (1).

Compare Midflorida Credit Union with every lender in a state on the approvals, rates and fees pages.

Questions

Does Midflorida Credit Union approve loans with a DTI over 50%?

On conventional purchase files in 2025, Midflorida Credit Union approved 2% of 60 applications with a DTI between 50 and 60 percent. The table on this page shows every band.

Are Midflorida Credit Union's rates competitive?

In 2025 its closed conventional loans were priced 23 basis points below the market median after matching LTV band and points paid.

Why does Midflorida Credit Union deny applications?

Its most common first-listed denial reason in 2025 was debt-to-income ratio (50% of denials), followed by credit history (22%).

Where does this come from?

Midflorida Credit Union's own 2025 HMDA filing, as published by the CFPB. Purchase loans on site-built, one-unit, owner-occupied homes. Decisions, not policy: files screened out before a formal application never appear. Credit score is withheld from the public file.

Method

Approvals from the approvals dataset (originated vs. denied by DTI band). Rates: HMDA interest rate on 30-year fixed conforming purchase originations, compared cell by cell with the national market. Costs: Closing Disclosure total loan costs, binned to $250. Denial reasons: first reason listed on denied files. Lender type assigned from the name.

Corrections

Every figure traces to Midflorida Credit Union’s own filing. If a number looks wrong, write to us and we will re-run it.