CorePlus 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 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%
1st53.9% deniedPricingmedian rate spread over APOR, weight 30%
21st0.67 ptsProcesswithdrawn + incomplete share, weight 15%
30th16.3%Closing coststotal loan costs ÷ loan amount, weight 10%
1st7.07% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 213 | 106 | 35.2% | 40.8% | 5.75% | $12M |
| 2024 | 144 | 48 | 50.7% | 60.3% | 7.00% | $5.8M |
| 2025 | 202 | 76 | 45.1% | 53.9% | 6.88% | $11M |
What CorePlus 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, 0 manufactured homes, 1 investment properties.
Why CorePlus Federal Credit Union denies applications
Primary reason reported for each of the 91 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at CorePlus 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 | 79 | 24 | 61.8% |
| $100k – $150k | 57 | 20 | 60.0% |
| $150k – $250k | 37 | 20 | 33.3% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 22 | 8 | 55.6% |
| 35–44 | 39 | 12 | 64.9% |
| 45–54 | 44 | 18 | 48.7% |
| 55–64 | 61 | 25 | 51.9% |
| 65–74 | 26 | 11 | 38.9% |
Where CorePlus Federal Credit Union lends
8 states and 13 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Connecticut | 192 | 71 | 46.9% | 6.88% | #104 |
Frequently asked questions
CorePlus Federal Credit Union denied 53.9% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 1st percentile of small mortgage lenders.
The most common reason CorePlus Federal Credit Union gave in 2025 was "debt-to-income ratio", cited on 60.4% 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 CorePlus Federal Credit Union originated in 2025 was 6.88%, and its median rate spread over the average prime offer rate was 0.67 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 13% of its applications were for home purchases, 51% for refinancing (including cash-out), and 36% for home improvement or other purposes. By loan type: 99% 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.