Day Air 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 D 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%
19th20.5% deniedPricingmedian rate spread over APOR, weight 30%
28th0.51 ptsProcesswithdrawn + incomplete share, weight 15%
11th24.5%Closing coststotal loan costs ÷ loan amount, weight 10%
20th2.94% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 1,096 | 746 | 9.8% | 12.4% | 7.50% | $73M |
| 2024 | 1,015 | 585 | 14.2% | 18.9% | 8.24% | $67M |
| 2025 | 1,203 | 702 | 15.5% | 20.5% | 7.24% | $104M |
What Day Air 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: 280 home-equity lines, 0 reverse mortgages, 2 manufactured homes, 87 investment properties.
Why Day Air Credit Union denies applications
Primary reason reported for each of the 186 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Day Air 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 | 214 | 93 | 37.2% |
| $50k – $100k | 452 | 261 | 22.7% |
| $100k – $150k | 240 | 161 | 15.8% |
| $150k – $250k | 184 | 123 | 8.6% |
| Over $250k | 89 | 60 | 4.6% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 37 | 21 | 13.3% |
| 25–34 | 176 | 103 | 19.7% |
| 35–44 | 246 | 136 | 24.7% |
| 45–54 | 281 | 171 | 20.6% |
| 55–64 | 220 | 137 | 17.0% |
| 65–74 | 178 | 92 | 21.5% |
| Over 74 | 63 | 42 | 16.0% |
Where Day Air Credit Union lends
7 states and 34 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Ohio | 1,114 | 700 | 12.4% | 7.24% | #80 |
Frequently asked questions
Day Air Credit Union denied 20.5% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 19th percentile of small mortgage lenders.
The most common reason Day Air Credit Union gave in 2025 was "credit history", cited on 50.0% 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 Day Air Credit Union originated in 2025 was 7.24%, and its median rate spread over the average prime offer rate was 0.51 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 35% of its applications were for home purchases, 11% for refinancing (including cash-out), and 54% 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.