Communication 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%
31st14.9% deniedPricingmedian rate spread over APOR, weight 30%
8th1.21 ptsProcesswithdrawn + incomplete share, weight 15%
68th7.8%Closing coststotal loan costs ÷ loan amount, weight 10%
60th1.66% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 1,126 | 682 | 12.6% | 14.2% | 7.50% | $81M |
| 2024 | 856 | 532 | 12.9% | 14.3% | 7.50% | $68M |
| 2025 | 808 | 449 | 13.7% | 14.9% | 7.25% | $58M |
What Communication 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: 0 home-equity lines, 0 reverse mortgages, 3 manufactured homes, 26 investment properties.
Why Communication Federal Credit Union denies applications
Primary reason reported for each of the 111 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Communication Federal 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 | 95 | 40 | 25.6% |
| $50k – $100k | 248 | 146 | 15.6% |
| $100k – $150k | 198 | 129 | 11.2% |
| $150k – $250k | 135 | 97 | 6.0% |
| Over $250k | 64 | 37 | 20.6% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 114 | 60 | 19.1% |
| 35–44 | 209 | 120 | 16.8% |
| 45–54 | 205 | 113 | 12.5% |
| 55–64 | 140 | 78 | 18.5% |
| 65–74 | 86 | 49 | 6.3% |
| Over 74 | 39 | 18 | 16.7% |
Where Communication Federal Credit Union lends
2 states and 72 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
Communication Federal Credit Union denied 14.9% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 31st percentile of small mortgage lenders.
The most common reason Communication Federal Credit Union gave in 2025 was "credit history", cited on 59.5% 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 Communication Federal Credit Union originated in 2025 was 7.25%, and its median rate spread over the average prime offer rate was 1.21 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 20% of its applications were for home purchases, 34% for refinancing (including cash-out), and 46% 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.