Diamond 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 B grade breaks down
Each component is a percentile rank among 581 mid-size mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
10th28.1% deniedPricingmedian rate spread over APOR, weight 30%
87th-0.09 ptsProcesswithdrawn + incomplete share, weight 15%
98th1.5%Closing coststotal loan costs ÷ loan amount, weight 10%
98th0.44% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 1,366 | 993 | 19.3% | 19.5% | 6.15% | $88M |
| 2024 | 1,460 | 1,046 | 20.3% | 20.6% | 6.28% | $108M |
| 2025 | 1,294 | 852 | 27.7% | 28.1% | 6.01% | $91M |
What Diamond 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: 541 home-equity lines, 0 reverse mortgages, 9 manufactured homes, 66 investment properties.
Why Diamond Credit Union denies applications
Primary reason reported for each of the 358 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Diamond 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 | 108 | 35 | 61.7% |
| $50k – $100k | 473 | 266 | 37.4% |
| $100k – $150k | 321 | 231 | 21.1% |
| $150k – $250k | 263 | 216 | 11.3% |
| Over $250k | 60 | 49 | 13.6% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 141 | 74 | 40.6% |
| 35–44 | 281 | 193 | 27.2% |
| 45–54 | 326 | 221 | 27.6% |
| 55–64 | 295 | 193 | 26.4% |
| 65–74 | 155 | 101 | 26.3% |
| Over 74 | 38 | 24 | 23.7% |
Where Diamond Credit Union lends
3 states and 24 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Pennsylvania | 1,286 | 846 | 27.8% | 6.01% | #70 |
| New Jersey | 5 | 3 | 20.0% | 2.99% | #607 |
Frequently asked questions
Diamond Credit Union denied 28.1% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 10th percentile of mid-size mortgage lenders.
The most common reason Diamond Credit Union gave in 2025 was "debt-to-income ratio", cited on 34.1% 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 Diamond Credit Union originated in 2025 was 6.01%, and its median rate spread over the average prime offer rate was -0.09 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 10% of its applications were for home purchases, 28% for refinancing (including cash-out), and 62% 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.