Arsenal 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 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%
48th10.2% deniedPricingmedian rate spread over APOR, weight 30%
6th1.31 ptsProcesswithdrawn + incomplete share, weight 15%
89th2.1%Closing coststotal loan costs ÷ loan amount, weight 10%
90th0.76% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 152 | 127 | 11.2% | 11.4% | 6.75% | $16M |
| 2024 | 174 | 156 | 7.5% | 7.7% | 6.75% | $25M |
| 2025 | 281 | 240 | 10.0% | 10.2% | 6.63% | $45M |
What Arsenal 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, 70 investment properties.
Why Arsenal Credit Union denies applications
Primary reason reported for each of the 28 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Arsenal 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 | 75 | 59 | 18.9% |
| $100k – $150k | 77 | 65 | 9.3% |
| $150k – $250k | 53 | 49 | 3.9% |
| Over $250k | 51 | 50 | 2.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 43 | 38 | 9.5% |
| 35–44 | 83 | 71 | 11.0% |
| 45–54 | 73 | 60 | 12.7% |
| 55–64 | 41 | 37 | 7.5% |
Where Arsenal Credit Union lends
2 states and 10 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
Arsenal Credit Union denied 10.2% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 48th percentile of small mortgage lenders.
The most common reason Arsenal Credit Union gave in 2025 was "debt-to-income ratio", cited on 53.6% 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 Arsenal Credit Union originated in 2025 was 6.63%, and its median rate spread over the average prime offer rate was 1.31 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 26% of its applications were for home purchases, 57% for refinancing (including cash-out), and 17% for home improvement or other purposes. By loan type: 98% conventional, 1% 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.