Mortgage lender · Suitland, MD · LEI 549300D2OYT7VTDY6Z20

Andrews Federal Credit Union review: approval odds, rates and grade (2025)

Andrews Federal Credit Union earns a C, in line with the typical performance of small mortgage lenders. It turned down 11.7% of the applications it decided on in 2025, which ranks in the 42nd percentile for approval odds. Its median loan was priced 0.42 points above the average prime offer rate, ranking in the 34th percentile on pricing. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

438Applications2025
61.4%Originatedof applications
11.7%Decision denial ratenational 22.6%
6.49%Median ratenational 6.63%
$63MLoan volume35 states

Andrews Federal Credit Union at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

8.2%Denial rate (all applications)-9.76 pts vs national
11.7%Denial rate (decided applications)-10.90 pts vs national
61.4%Origination rate+3.39 pts vs national
27.2%Withdrawn by applicant
2.5%Closed for incompleteness
6.49%Median interest rate-0.13 pts vs national
0.42Median rate spread (pts over APOR)+0.17 pts vs national
$200,000Median loan amount
$2,082Median total loan costs
$145kMedian applicant income
73%Median loan-to-value
0High-cost (HOEPA) loans

How the C 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%

42nd11.7% denied

Pricingmedian rate spread over APOR, weight 30%

34th0.42 pts

Processwithdrawn + incomplete share, weight 15%

6th29.7%

Closing coststotal loan costs ÷ loan amount, weight 10%

84th1.04% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20231508819.3%24.6%7.99%$13M
202469932710.7%18.5%6.49%$87M
20254382698.2%11.7%6.49%$63M

What Andrews 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

Home purchase 147 34% · 2.0% denied
Refinance 48 11% · 6.3% denied
Cash-out refinance 243 55% · 12.4% denied

By loan type

Conventional 438 100% · 8.2% denied

Also: 0 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 4 investment properties.

Why Andrews Federal Credit Union denies applications

Primary reason reported for each of the 36 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Debt-to-income ratio 17 47%
Collateral 11 31%
Credit history 6 17%
Other 2 6%

How these reasons compare nationally →

Who gets approved at Andrews Federal Credit Union

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
$50k – $100k995818.1%
$100k – $150k117768.3%
$150k – $250k134838.7%
Over $250k71418.9%
Applicant ageApplicationsOriginatedDecision denial rate
25–3464328.3%
35–44121696.8%
45–54885910.6%
55–64956314.5%
65–74463116.2%
Over 74211422.2%

Where Andrews Federal Credit Union lends

35 states and 167 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Maryland1359011.1%6.99%#205
New Jersey82484.9%6.38%#290
Virginia51375.9%6.38%#375
Florida241412.5%6.38%#728
Georgia16116.3%7.25%#596
California1586.7%6.63%#681
Pennsylvania1360.0%7.74%#656
North Carolina12110.0%6.13%#603
District of Columbia11436.4%7.99%#168
Illinois1060.0%5.75%#689
Missouri730.0%6.38%#552
New York730.0%6.00%#493
Delaware630.0%5.99%#306
Texas620.0%6.00%#1,055
Colorado530.0%5.75%#621

Frequently asked questions

Andrews Federal Credit Union denied 11.7% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 42nd percentile of small mortgage lenders.

The most common reason Andrews Federal Credit Union gave in 2025 was "debt-to-income ratio", cited on 47.2% 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 Andrews Federal Credit Union originated in 2025 was 6.49%, and its median rate spread over the average prime offer rate was 0.42 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 34% of its applications were for home purchases, 66% for refinancing (including cash-out), and 0% 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.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with Andrews Federal Credit Union. Data sources · Methodology