Cedar Point 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 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%
62nd7.2% deniedPricingmedian rate spread over APOR, weight 30%
5th1.51 ptsProcesswithdrawn + incomplete share, weight 15%
22nd19.1%Closing coststotal loan costs ÷ loan amount, weight 10%
19th3.00% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 178 | 135 | 3.9% | 4.8% | 8.75% | $20M |
| 2024 | 163 | 132 | 4.3% | 5.0% | 9.25% | $19M |
| 2025 | 189 | 139 | 5.8% | 7.2% | 8.25% | $26M |
What Cedar Point 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: 86 home-equity lines, 0 reverse mortgages, 2 manufactured homes, 9 investment properties.
Why Cedar Point Federal Credit Union denies applications
Primary reason reported for each of the 11 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Cedar Point Federal 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 | 39 | 25 | 10.7% |
| $100k – $150k | 56 | 47 | 4.0% |
| $150k – $250k | 53 | 39 | 9.3% |
| Over $250k | 31 | 25 | 3.7% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 35–44 | 34 | 23 | 11.1% |
| 45–54 | 47 | 38 | 9.5% |
| 55–64 | 50 | 41 | 2.3% |
| 65–74 | 27 | 19 | 5.0% |
Where Cedar Point Federal Credit Union lends
2 states and 0 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Maryland | 188 | 138 | 5.9% | 8.25% | #168 |
Frequently asked questions
Cedar Point Federal Credit Union denied 7.2% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 62nd percentile of small mortgage lenders.
The most common reason Cedar Point Federal Credit Union gave in 2025 was "debt-to-income ratio", cited on 36.4% 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 Cedar Point Federal Credit Union originated in 2025 was 8.25%, and its median rate spread over the average prime offer rate was 1.51 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 12% of its applications were for home purchases, 79% for refinancing (including cash-out), and 10% for home improvement or other purposes. By loan type: 98% conventional, 0% FHA, 1% 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.