Direct 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 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%
6th33.3% deniedProcesswithdrawn + incomplete share, weight 15%
67th8.0%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 448 | 263 | 29.0% | 32.3% | 7.75% | $75M |
| 2024 | 491 | 321 | 30.1% | 31.5% | 8.00% | $78M |
| 2025 | 737 | 445 | 30.7% | 33.3% | — | $99M |
What Direct 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, 72 investment properties.
Who gets approved at Direct 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 | 31 | 9 | 66.7% |
| $50k – $100k | 112 | 56 | 44.2% |
| $100k – $150k | 137 | 77 | 36.8% |
| $150k – $250k | 248 | 174 | 25.5% |
| Over $250k | 198 | 124 | 30.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 39 | 21 | 43.2% |
| 35–44 | 136 | 82 | 36.9% |
| 45–54 | 181 | 107 | 34.7% |
| 55–64 | 215 | 140 | 26.9% |
| 65–74 | 112 | 65 | 33.3% |
| Over 74 | 50 | 30 | 32.6% |
Where Direct Federal Credit Union lends
15 states and 35 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Massachusetts | 675 | 425 | 28.0% | — | #69 |
| New Hampshire | 20 | 12 | 30.0% | — | #187 |
| Rhode Island | 19 | 8 | 42.1% | — | #148 |
Frequently asked questions
Direct Federal Credit Union denied 33.3% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 6th percentile of small mortgage lenders.
In 2025, 4% of its applications were for home purchases, 10% for refinancing (including cash-out), and 87% 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.