Navigator CU 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 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%
22nd18.8% deniedPricingmedian rate spread over APOR, weight 30%
85th-0.06 ptsProcesswithdrawn + incomplete share, weight 15%
11th24.6%Closing coststotal loan costs ÷ loan amount, weight 10%
19th2.99% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 177 | 115 | 13.6% | 16.4% | 6.63% | $14M |
| 2024 | 167 | 96 | 17.4% | 23.2% | 6.50% | $14M |
| 2025 | 191 | 117 | 14.1% | 18.8% | 6.38% | $20M |
What Navigator CU 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, 1 manufactured homes, 12 investment properties.
Why Navigator CU denies applications
Primary reason reported for each of the 27 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Navigator CU
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 30 | 11 | 42.1% |
| $50k – $100k | 90 | 55 | 20.3% |
| $100k – $150k | 40 | 25 | 13.8% |
| $150k – $250k | 26 | 23 | 4.2% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 35–44 | 41 | 20 | 33.3% |
| 45–54 | 39 | 25 | 10.7% |
| 55–64 | 43 | 26 | 18.8% |
| 65–74 | 29 | 20 | 16.7% |
Where Navigator CU lends
3 states and 15 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Mississippi | 110 | 64 | 18.2% | 6.38% | #122 |
| Alabama | 80 | 53 | 8.8% | 6.38% | #252 |
Frequently asked questions
Navigator CU denied 18.8% 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 Navigator CU gave in 2025 was "credit history", cited on 74.1% 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 Navigator CU originated in 2025 was 6.38%, and its median rate spread over the average prime offer rate was -0.06 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 30% of its applications were for home purchases, 69% for refinancing (including cash-out), and 1% 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.