City Of Boston 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 F 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%
2nd44.6% deniedProcesswithdrawn + incomplete share, weight 15%
5th29.9%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 131 | 99 | 8.4% | 9.7% | — | $17M |
| 2024 | 87 | 41 | 31.0% | 39.7% | — | $5.3M |
| 2025 | 144 | 53 | 31.3% | 44.6% | — | $6.4M |
What City Of Boston 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, 0 manufactured homes, 1 investment properties.
Who gets approved at City Of Boston 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 | 33 | 7 | 62.5% |
| $100k – $150k | 36 | 17 | 45.5% |
| $150k – $250k | 47 | 21 | 34.4% |
| Over $250k | 23 | 8 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 35–44 | 36 | 9 | 60.9% |
| 45–54 | 38 | 19 | 35.5% |
| 55–64 | 35 | 16 | 34.6% |
Where City Of Boston Credit Union lends
2 states and 9 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Massachusetts | 140 | 53 | 31.4% | — | #214 |
Frequently asked questions
City Of Boston Credit Union denied 44.6% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 2nd percentile of small mortgage lenders.
In 2025, 14% of its applications were for home purchases, 35% for refinancing (including cash-out), and 51% 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.