N.e.w. 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 A 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%
91st1.7% deniedPricingmedian rate spread over APOR, weight 30%
98th-0.81 ptsProcesswithdrawn + incomplete share, weight 15%
95th0.0%Closing coststotal loan costs ÷ loan amount, weight 10%
77th1.23% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 88 | 85 | 3.4% | 3.4% | 6.00% | $6.3M |
| 2024 | 106 | 106 | 0.0% | 0.0% | 5.94% | $11M |
| 2025 | 178 | 175 | 1.7% | 1.7% | 5.49% | $30M |
What N.e.w. 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: 9 home-equity lines, 0 reverse mortgages, 19 manufactured homes, 0 investment properties.
Why N.e.w. Credit Union denies applications
Primary reason reported for each of the 3 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at N.e.w. Credit Union
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 28 | 26 | 7.1% |
| $50k – $100k | 73 | 73 | 0.0% |
| $100k – $150k | 52 | 51 | 1.9% |
| $150k – $250k | 21 | 21 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 34 | 34 | 0.0% |
| 35–44 | 41 | 41 | 0.0% |
| 45–54 | 36 | 35 | 2.8% |
| 55–64 | 39 | 37 | 5.1% |
| 65–74 | 21 | 21 | 0.0% |
Where N.e.w. Credit Union lends
3 states and 11 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Wisconsin | 173 | 170 | 1.7% | 5.49% | #178 |
Frequently asked questions
N.e.w. Credit Union denied 1.7% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 91st percentile of small mortgage lenders.
The most common reason N.e.w. Credit Union gave in 2025 was "credit history", cited on 66.7% 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 N.e.w. Credit Union originated in 2025 was 5.49%, and its median rate spread over the average prime offer rate was -0.81 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 20% of its applications were for home purchases, 72% for refinancing (including cash-out), and 8% 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.