Marine 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%
22nd18.7% deniedProcesswithdrawn + incomplete share, weight 15%
15th22.2%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 109 | 53 | 28.4% | 35.2% | 7.25% | $12M |
| 2024 | 102 | 67 | 22.6% | 24.7% | 7.00% | $17M |
| 2025 | 158 | 93 | 14.6% | 18.7% | 6.50% | $27M |
What Marine 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, 7 manufactured homes, 19 investment properties.
Why Marine Federal Credit Union denies applications
Primary reason reported for each of the 23 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Marine Federal Credit Union
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 54 | 30 | 23.8% |
| $100k – $150k | 46 | 23 | 22.2% |
| $150k – $250k | 23 | 16 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 34 | 21 | 4.4% |
| 35–44 | 29 | 15 | 29.2% |
| 55–64 | 28 | 16 | 29.2% |
| 65–74 | 26 | 15 | 15.8% |
Where Marine Federal Credit Union lends
6 states and 31 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| North Carolina | 132 | 82 | 13.6% | 6.50% | #285 |
| Virginia | 7 | 5 | 0.0% | — | #604 |
Frequently asked questions
Marine Federal Credit Union denied 18.7% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 22nd percentile of small mortgage lenders.
The most common reason Marine Federal Credit Union gave in 2025 was "debt-to-income ratio", cited on 60.9% 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 Marine Federal Credit Union originated in 2025 was 6.50%, and its median rate spread over the average prime offer rate was 0.00 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 70% of its applications were for home purchases, 22% for refinancing (including cash-out), and 8% for home improvement or other purposes. By loan type: 96% conventional, 0% FHA, 4% 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.