Mortgage lender · Glendale, CA · LEI 254900KD58MIT0K3NP70

Los Angeles Federal Credit Union review: approval odds, rates and grade (2025)

Los Angeles Federal Credit Union earns a B, better than most small mortgage lenders. It turned down 0.0% of the applications it decided on in 2025, which ranks in the 97th percentile for approval odds. Its median loan was priced 0.71 points above the average prime offer rate, ranking in the 19th percentile on pricing. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

186Applications2025
53.8%Originatedof applications
0.0%Decision denial ratenational 22.6%
6.88%Median ratenational 6.63%
$28MLoan volume2 states

Los Angeles Federal Credit Union at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

0.0%Denial rate (all applications)-17.98 pts vs national
0.0%Denial rate (decided applications)-22.59 pts vs national
53.8%Origination rate-4.27 pts vs national
42.5%Withdrawn by applicant
0.0%Closed for incompleteness
6.88%Median interest rate+0.25 pts vs national
0.71Median rate spread (pts over APOR)+0.45 pts vs national
$165,000Median loan amount
$480Median total loan costs
$145kMedian applicant income
56%Median loan-to-value
0High-cost (HOEPA) loans

How the B 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%

97th0.0% denied

Pricingmedian rate spread over APOR, weight 30%

19th0.71 pts

Processwithdrawn + incomplete share, weight 15%

1st42.5%

Closing coststotal loan costs ÷ loan amount, weight 10%

98th0.29% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
202321214912.7%15.3%6.00%$37M
202421713718.9%22.9%6.75%$36M
20251861000.0%0.0%6.88%$28M

What Los Angeles 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

Home purchase 17 9% · 0.0% denied
Refinance 46 25% · 0.0% denied
Cash-out refinance 31 17% · 0.0% denied
Home improvement 3 2% · 0.0% denied
Other / HELOC 89 48% · 0.0% denied

By loan type

Conventional 186 100% · 0.0% denied

Also: 0 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 8 investment properties.

Who gets approved at Los Angeles Federal Credit Union

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
$50k – $100k35130.0%
$100k – $150k54300.0%
$150k – $250k58370.0%
Over $250k29170.0%
Applicant ageApplicationsOriginatedDecision denial rate
35–4437230.0%
45–5431170.0%
55–6435230.0%
65–7430200.0%

Where Los Angeles Federal Credit Union lends

2 states and 8 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
California1851000.0%6.88%#375

Frequently asked questions

Los Angeles Federal Credit Union denied 0.0% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 97th percentile of small mortgage lenders.

The median interest rate on loans Los Angeles Federal Credit Union originated in 2025 was 6.88%, and its median rate spread over the average prime offer rate was 0.71 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 9% of its applications were for home purchases, 41% for refinancing (including cash-out), and 49% 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.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with Los Angeles Federal Credit Union. Data sources · Methodology