Belco Community 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%
8th31.6% deniedPricingmedian rate spread over APOR, weight 30%
48th0.26 ptsProcesswithdrawn + incomplete share, weight 15%
98th1.1%Closing coststotal loan costs ÷ loan amount, weight 10%
1st8.46% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 1,172 | 564 | 43.9% | 45.5% | 7.25% | $45M |
| 2024 | 1,442 | 804 | 33.2% | 34.1% | 8.50% | $62M |
| 2025 | 1,216 | 704 | 31.3% | 31.6% | 7.50% | $63M |
What Belco Community 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: 566 home-equity lines, 0 reverse mortgages, 1 manufactured homes, 26 investment properties.
Why Belco Community Credit Union denies applications
Primary reason reported for each of the 380 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Belco Community 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 | 149 | 41 | 64.6% |
| $50k – $100k | 469 | 254 | 35.8% |
| $100k – $150k | 308 | 189 | 25.4% |
| $150k – $250k | 220 | 167 | 13.8% |
| Over $250k | 51 | 40 | 13.7% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 119 | 57 | 42.9% |
| 35–44 | 249 | 137 | 33.7% |
| 45–54 | 336 | 205 | 30.6% |
| 55–64 | 273 | 160 | 29.5% |
| 65–74 | 172 | 105 | 28.1% |
| Over 74 | 54 | 36 | 18.5% |
Where Belco Community Credit Union lends
2 states and 26 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Pennsylvania | 1,215 | 704 | 31.2% | 7.50% | #76 |
Frequently asked questions
Belco Community Credit Union denied 31.6% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 8th percentile of mid-size mortgage lenders.
The most common reason Belco Community Credit Union gave in 2025 was "debt-to-income ratio", cited on 51.6% 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 Belco Community Credit Union originated in 2025 was 7.50%, and its median rate spread over the average prime offer rate was 0.26 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 1% of its applications were for home purchases, 30% for refinancing (including cash-out), and 69% 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.