Mirastar 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 C 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%
73rd17.7% deniedPricingmedian rate spread over APOR, weight 30%
25th0.46 ptsProcesswithdrawn + incomplete share, weight 15%
21st18.1%Closing coststotal loan costs ÷ loan amount, weight 10%
68th2.45% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 333 | 176 | 21.0% | 26.8% | 8.59% | $29M |
| 2024 | 361 | 216 | 21.1% | 24.4% | 8.48% | $36M |
| 2025 | 331 | 205 | 14.5% | 17.7% | 7.50% | $44M |
What Mirastar 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: 173 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 4 investment properties.
Why Mirastar Federal Credit Union denies applications
Primary reason reported for each of the 48 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Mirastar 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 | 59 | 30 | 31.8% |
| $100k – $150k | 72 | 49 | 13.3% |
| $150k – $250k | 116 | 77 | 12.2% |
| Over $250k | 69 | 42 | 14.3% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 35–44 | 76 | 44 | 18.6% |
| 45–54 | 80 | 54 | 16.4% |
| 55–64 | 87 | 52 | 23.0% |
| 65–74 | 51 | 31 | 12.2% |
| Over 74 | 21 | 15 | 6.3% |
Where Mirastar Federal Credit Union lends
3 states and 27 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| California | 324 | 205 | 14.8% | 7.50% | #308 |
Frequently asked questions
Mirastar Federal Credit Union denied 17.7% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 73rd percentile of home-equity (HELOC) lenders.
The most common reason Mirastar Federal Credit Union gave in 2025 was "debt-to-income ratio", cited on 41.7% 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 Mirastar Federal Credit Union originated in 2025 was 7.50%, and its median rate spread over the average prime offer rate was 0.46 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 6% of its applications were for home purchases, 15% for refinancing (including cash-out), and 79% 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.