Leominster 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%
18th21.2% deniedProcesswithdrawn + incomplete share, weight 15%
43rd13.3%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 974 | 664 | 19.3% | 21.7% | — | $98M |
| 2024 | 913 | 642 | 16.8% | 19.0% | — | $97M |
| 2025 | 740 | 492 | 18.4% | 21.2% | — | $81M |
What Leominster 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, 17 manufactured homes, 13 investment properties.
Who gets approved at Leominster 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 | 48 | 15 | 65.1% |
| $50k – $100k | 218 | 145 | 21.1% |
| $100k – $150k | 198 | 133 | 19.1% |
| $150k – $250k | 192 | 145 | 12.0% |
| Over $250k | 68 | 42 | 23.6% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 89 | 55 | 25.0% |
| 35–44 | 145 | 96 | 23.9% |
| 45–54 | 170 | 111 | 22.1% |
| 55–64 | 184 | 131 | 16.6% |
| 65–74 | 94 | 65 | 17.5% |
| Over 74 | 46 | 25 | 31.6% |
Where Leominster Credit Union lends
3 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 |
|---|---|---|---|---|---|
| Massachusetts | 736 | 488 | 18.5% | — | #65 |
Frequently asked questions
Leominster Credit Union denied 21.2% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 18th percentile of small mortgage lenders.
In 2025, 17% of its applications were for home purchases, 35% for refinancing (including cash-out), and 48% 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.