360 Federal Credit Union at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the D grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
12th25.3% deniedProcesswithdrawn + incomplete share, weight 15%
74th6.2%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 315 | 197 | 24.1% | 25.6% | — | $21M |
| 2024 | 343 | 218 | 21.9% | 22.9% | — | $21M |
| 2025 | 388 | 253 | 23.7% | 25.3% | — | $24M |
What 360 Federal Credit Union lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 1 manufactured homes, 9 investment properties.
Who gets approved at 360 Federal Credit Union
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 23 | 5 | 68.2% |
| $50k – $100k | 138 | 75 | 35.7% |
| $100k – $150k | 105 | 76 | 19.4% |
| $150k – $250k | 90 | 74 | 8.2% |
| Over $250k | 25 | 17 | 17.4% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 38 | 22 | 40.5% |
| 35–44 | 90 | 53 | 33.3% |
| 45–54 | 71 | 48 | 20.9% |
| 55–64 | 97 | 68 | 15.7% |
| 65–74 | 68 | 46 | 28.4% |
Where 360 Federal Credit Union lends
7 states and 18 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Connecticut | 332 | 223 | 22.3% | — | #71 |
| Massachusetts | 50 | 29 | 28.0% | — | #324 |
Frequently asked questions
360 Federal Credit Union denied 25.3% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 12th percentile of small mortgage lenders.
In 2025, 1% of its applications were for home purchases, 21% for refinancing (including cash-out), and 78% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.