Chartway Federal Credit Union · Florida · 2025

Chartway Federal Credit Union in Florida: approval rate, denial rate and rates (2025)

Chartway Federal Credit Union took 16 mortgage applications in Florida in 2025, ranking #809 of 1,993 lenders active in the state. It originated 43.8% of them and denied 37.5% (40.0% of the applications it decided), against a statewide denial rate of 21.1%.

16Applicationsin FL
40.0%Decision denial ratestate 27.2%
2.99%Median ratestate 6.63%
$65,000Median loanstate $255,000
$1.3MVolume11 counties

Chartway Federal Credit Union in Florida vs the state

37.5%Denial rate+16.44 pts vs state
40.0%Decision denial rate+12.76 pts vs state
43.8%Origination rate-8.94 pts vs state
2.99%Median rate-3.64 pts vs state
-4.23Rate spread (pts)-4.50 pts vs state
$120kMedian applicant income
7Loans originated
6Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
202313546.2%4.99%#932
202411445.5%5.99%#889
202516737.5%2.99%#809

What Chartway Federal Credit Union lends in Florida

By loan purpose

Home purchase 1 6% · 0.0% denied
Refinance 1 6% · 0.0% denied
Home improvement 5 31% · 20.0% denied
Other / HELOC 9 56% · 55.6% denied

By loan type

Conventional 16 100% · 37.5% denied

Why it denied Florida applicants

Credit history 3 50%
Incomplete application 2 33%
Debt-to-income ratio 1 17%

Where in Florida

Counties with the most Chartway Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Polk County 202 100.0%
Hillsborough County 210 0.0%
Marion County 202 100.0%
Palm Beach County 220 0.0%
Duval County 211 50.0%
Okaloosa County 110 0.0%
Pinellas County 100 0.0%
Brevard County 100 0.0%
Lee County 110 0.0%
Bay County 110 0.0%

Other large lenders in Florida

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 71,40515.3%6.44%
Rocket MortgageC 46,61121.0%6.63%
Bank of AmericaF 23,63437.7%6.24%
Pennymac Loan ServicesC 19,51614.1%6.50%
Navy Federal Credit UnionD 19,45223.2%7.59%
Crosscountry MortgageB 19,1035.2%6.75%
NewrezD 17,51922.4%6.75%
Dhi Mortgage CompanyB 16,66114.5%4.88%
Lennar MortgageA 14,98421.0%4.75%
Truist BankC 14,14041.5%6.60%

Frequently asked questions

Florida: 16 applications in 2025, of which 7 were originated and 6 denied.

37.5% of all applications, or 40.0% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Chartway Federal Credit Union originated in Florida in 2025 was 2.99%, against a statewide median of 6.63%.

About this data. Figures are Chartway Federal Credit Union's own HMDA filing for properties located in Florida, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology