American First 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%
9th28.1% deniedPricingmedian rate spread over APOR, weight 30%
20th0.69 ptsProcesswithdrawn + incomplete share, weight 15%
26th17.6%Closing coststotal loan costs ÷ loan amount, weight 10%
77th1.21% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 254 | 120 | 20.9% | 28.2% | 7.13% | $45M |
| 2024 | 240 | 89 | 24.2% | 37.4% | 7.13% | $35M |
| 2025 | 216 | 117 | 23.2% | 28.1% | 6.88% | $37M |
What American First 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: 62 home-equity lines, 0 reverse mortgages, 1 manufactured homes, 27 investment properties.
Why American First Credit Union denies applications
Primary reason reported for each of the 50 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at American First Credit Union
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 48 | 23 | 32.4% |
| $100k – $150k | 43 | 25 | 22.9% |
| $150k – $250k | 58 | 34 | 26.0% |
| Over $250k | 33 | 18 | 15.4% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 35–44 | 21 | 9 | 43.8% |
| 45–54 | 51 | 35 | 23.4% |
| 55–64 | 67 | 32 | 27.8% |
| 65–74 | 41 | 24 | 21.9% |
Where American First Credit Union lends
15 states and 41 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| California | 176 | 99 | 22.7% | 6.88% | #381 |
| Arizona | 16 | 7 | 25.0% | 6.63% | #445 |
Frequently asked questions
American First Credit Union denied 28.1% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 9th percentile of small mortgage lenders.
The most common reason American First Credit Union gave in 2025 was "debt-to-income ratio", cited on 44.0% 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 American First Credit Union originated in 2025 was 6.88%, and its median rate spread over the average prime offer rate was 0.69 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 10% of its applications were for home purchases, 19% for refinancing (including cash-out), and 72% 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.