A refinance lender
Refinances made up 94.5% of its loans and purchases 5.5%. Every loan was conventional. Its typical loan was $125,000, against $95,000 at similar lenders, credit unions making between half and twice as many loans.
Applications / Mortgage Analytics / Lenders / Texas / MTCU
MTCU
Midland, TX · Credit union · NCUA · $135 million assets · 55 loans in 2025
MTCU's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
55
loans originated, 2025
60
applications, 2025
1
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
MTCU, a Midland, Texas, credit union, is almost entirely a refinance lender: 94.5% of its 55 loans in 2025 refinanced existing mortgages.
Lower rates than its peers
Its typical rate was 5.87%, against 6.75% at similar lenders, lower than at about nine in ten of them. A year earlier it was 5.90%, so the low rate is not a one-year accident.
Lending in majority-minority neighborhoods
Some 74.6% of its loans went to neighborhoods where most residents are from minority groups, against 9.7% at similar lenders, more than at all but about one in twenty of them. A year earlier the share was 47.3%. It lends in only three counties, so the share may simply reflect the neighborhoods there.
Steady in Midland
Midland is its main market. It ranks 35 of 294 lenders there, with a share unchanged at 0.6%; DHI Mortgage Company leads. Its loans held at 55 while similar lenders grew 6%. Its record has a gap: no report for 2023, and only six loans in 2022.
Similar lenders: same lender type, originations between half and twice the lender's in the data year. Written from the 2025 HMDA data and checked figure by figure against it.
FIG. 1 — LOANS ORIGINATED, 2018–2025
55 loans in 2025, against a peak of 55 in 2024.
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Years with no HMDA report from this lender are left out: since 2020 a bank making fewer than 100 closed-end loans a year need not report. MTCU took 60 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
94.5% of its 2025 loans were refinance loans; all were conventional loans.
Refinance 94.5% · Purchase 5.5%
Conventional 100.0% · of 55 loans. Purchase: buying a home. Refinance: replacing an existing mortgage, including cash-out. FHA: insured by the Federal Housing Administration. VA: guaranteed by the Department of Veterans Affairs. Conventional: neither.
SOURCE: FFIEC HMDA 2025, LOANS ORIGINATED
Where it lends, 2025
1 state, 2 metros, 3 counties
| State | Loans | Share |
|---|---|---|
| Texas | 55 | 100.0% |
Largest metro areas, 2025
Loans originated
| Metro area | Loans |
|---|---|
| Midland | 50 |
| Odessa | 4 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 549300G5VZZVVGOY0N31 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 658894 | 2006–2022 |
| Respondent ID (the HMDA filer code before 2018) | 567642 | 2006–2017 |
Established 1 January 1955. Reported under HMDA 2006-2025.
Mergers, name changes, data editions and corrections: MTCU's data.
The data and the software behind these pages
MTCU's data
$215
MTCU and its peers, 2018–2025: every application in the HMDA data, cleaned and corrected, as Parquet files, with the Jenner programs that made these pages.
Buy MTCU's data, $215Jenner Mortgage Analytics: all the data
$2,110
Every mortgage application reported under HMDA from 1990 to 2025, cleaned and corrected, every lender followed across name changes and mergers, with the market-share and fair-lending tables behind these pages and the Jenner programs that built them: the warehouse and the datamart, as Parquet files.
Buy the data, $2,110Jenner, the SAS-compatible software
See prices
Jenner runs programs written in the SAS language. It drew every chart on these pages and fitted the fair-lending model, PROC GLIMMIX on 3.5 million applications. Run the programs that come with the data, or your own.
Get JennerQuestions, or the data and Jenner together: [email protected]