A+ 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 581 mid-size mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
3rd47.2% deniedPricingmedian rate spread over APOR, weight 30%
17th0.55 ptsProcesswithdrawn + incomplete share, weight 15%
44th18.2%Closing coststotal loan costs ÷ loan amount, weight 10%
93rd0.84% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 1,449 | 528 | 34.2% | 46.8% | 7.38% | $66M |
| 2024 | 1,496 | 638 | 34.2% | 40.8% | 7.00% | $84M |
| 2025 | 1,748 | 660 | 38.6% | 47.2% | 6.88% | $97M |
What A+ 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: 541 home-equity lines, 0 reverse mortgages, 23 manufactured homes, 47 investment properties.
Why A+ Federal Credit Union denies applications
Primary reason reported for each of the 675 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at A+ 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 | 194 | 29 | 78.4% |
| $50k – $100k | 548 | 194 | 51.3% |
| $100k – $150k | 415 | 188 | 37.3% |
| $150k – $250k | 377 | 155 | 40.1% |
| Over $250k | 158 | 58 | 42.7% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 133 | 38 | 57.8% |
| 35–44 | 433 | 147 | 49.7% |
| 45–54 | 473 | 193 | 46.7% |
| 55–64 | 357 | 133 | 48.0% |
| 65–74 | 225 | 93 | 40.3% |
| Over 74 | 86 | 34 | 45.3% |
Where A+ Federal Credit Union lends
7 states and 98 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Texas | 1,740 | 660 | 38.5% | 6.88% | #115 |
Frequently asked questions
A+ Federal Credit Union denied 47.2% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 3rd percentile of mid-size mortgage lenders.
The most common reason A+ Federal Credit Union gave in 2025 was "debt-to-income ratio", cited on 29.3% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans A+ Federal Credit Union originated in 2025 was 6.88%, and its median rate spread over the average prime offer rate was 0.55 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 4% of its applications were for home purchases, 12% for refinancing (including cash-out), and 84% 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.