STATE EMPLOYEES' received 49,354 applications in 2025 and made
28,397 mortgages, in 308 counties across 14 states.
The median rate its borrowers got was 6.250% on a median loan of $155,000.
Of 41,220 decisions, 12,426 were denials — 30.2%, most often for debt-to-income ratio.
Legal Entity Identifier
549300SHE1JTCOWBP090
Applications received
49,354
Mortgages made
28,397
Denied
12,426
Approved, not taken up
397
Withdrawn or incomplete
8,134
Loans bought from other lenders
421
Median rate spread over the prime offer rate
-0.69 points
FDIC-insured bank
This lender is not an FDIC-insured bank under this name: a mortgage company, a credit union, or a bank filing under another name.
By loan purpose
Purpose
Mortgages made
Median rate
Median loan
Denied
Home purchase
10,586
5.825%
$275,000
16.3%
Refinancing
4,472
6.500%
$105,000
32.0%
Cash-out refinancing
2,974
5.500%
$205,000
36.6%
Other purposes
10,365
6.500%
$65,000
38.1%
Where STATE EMPLOYEES' lends most
The 50 counties where it made the most mortgages in 2025. Each county page ranks every lender there.
When STATE EMPLOYEES'’s figures are published for the next year, or restated.
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Counts, medians and denial shares are computed from the Home Mortgage Disclosure Act
loan-level file for 2025, published by the Consumer Financial Protection Bureau through the FFIEC: every application
a covered lender received, as the lender reported it. A median rate is what borrowers got, not what
you will be offered — it depends on the loan, the property, your credit and the market on the day,
and no figure here is a quote. A median over fewer than 10 loans is not shown: it is a number with no meaning and a real person's rate half-exposed. Those cells say "under 10 loans" and the count is still published. This is information, not advice, and no lender pays to appear.