Mortgage lender · Germantown, MD · LEI 549300XRGNVNCISU8Q79

Mid-Atlantic Federal Credit Union review: approval odds, rates and grade (2025)

Mid-Atlantic Federal Credit Union earns a D, weaker than most home-equity (HELOC) lenders. It turned down 42.1% of the applications it decided on in 2025, which ranks in the 7th percentile for approval odds. Its median loan was priced 0.20 points above the average prime offer rate, ranking in the 46th percentile on pricing. Compared against 412 home-equity (HELOC) lenders using 2025 HMDA filings.

200Applications2025
42.0%Originatedof applications
42.1%Decision denial ratenational 22.6%
7.50%Median ratenational 6.63%
$23MLoan volume14 states

Mid-Atlantic Federal Credit Union at a glance, 2025

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

30.5%Denial rate (all applications)+12.52 pts vs national
42.1%Denial rate (decided applications)+19.48 pts vs national
42.0%Origination rate-16.03 pts vs national
27.5%Withdrawn by applicant
0.0%Closed for incompleteness
7.50%Median interest rate+0.88 pts vs national
0.20Median rate spread (pts over APOR)-0.05 pts vs national
$155,000Median loan amount
$3,275Median total loan costs
$158kMedian applicant income
70%Median loan-to-value
0High-cost (HOEPA) loans

How the D grade breaks down

Each component is a percentile rank among 412 home-equity (HELOC) lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

7th42.1% denied

Pricingmedian rate spread over APOR, weight 30%

46th0.20 pts

Processwithdrawn + incomplete share, weight 15%

4th27.5%

Closing coststotal loan costs ÷ loan amount, weight 10%

78th2.11% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20231205327.5%37.9%8.75%$9.4M
20241978930.0%39.6%8.50%$21M
20252008430.5%42.1%7.50%$23M

What Mid-Atlantic 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 24 12% · 12.5% denied
Refinance 23 12% · 21.7% denied
Cash-out refinance 8 4% · 12.5% denied
Home improvement 87 44% · 28.7% denied
Other / HELOC 58 29% · 46.6% denied

By loan type

Conventional 200 100% · 30.5% denied

Also: 148 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 9 investment properties.

Why Mid-Atlantic Federal Credit Union denies applications

Primary reason reported for each of the 61 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Other 42 69%
Debt-to-income ratio 15 25%
Credit history 2 3%
Unverifiable information 2 3%

How these reasons compare nationally →

Who gets approved at Mid-Atlantic Federal Credit Union

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

Applicant incomeApplicationsOriginatedDecision denial rate
$50k – $100k391358.1%
$100k – $150k361644.8%
$150k – $250k582828.2%
Over $250k492422.6%
Applicant ageApplicationsOriginatedDecision denial rate
35–44331335.0%
45–54602644.7%
55–64522242.1%
65–74281041.2%

Where Mid-Atlantic Federal Credit Union lends

14 states and 30 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Maryland1717329.8%7.50%#177
Virginia7214.3%6.75%#611

Frequently asked questions

Mid-Atlantic Federal Credit Union denied 42.1% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 7th percentile of home-equity (HELOC) lenders.

The most common reason Mid-Atlantic Federal Credit Union gave in 2025 was "other", cited on 68.9% 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 Mid-Atlantic Federal Credit Union originated in 2025 was 7.50%, and its median rate spread over the average prime offer rate was 0.20 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 12% of its applications were for home purchases, 16% for refinancing (including cash-out), and 73% 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 Mid-Atlantic Federal Credit Union. Data sources · Methodology