Peoples Advantage 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 F 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%
7th32.1% deniedProcesswithdrawn + incomplete share, weight 15%
27th17.2%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 81 | 44 | 21.0% | 24.3% | — | $2.8M |
| 2024 | 114 | 62 | 29.0% | 33.3% | — | $4.1M |
| 2025 | 128 | 72 | 26.6% | 32.1% | — | $4.5M |
What Peoples Advantage 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, 5 manufactured homes, 4 investment properties.
Who gets approved at Peoples Advantage Federal 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 | 17 | 22.7% |
| $50k – $100k | 63 | 29 | 44.2% |
| $100k – $150k | 23 | 19 | 5.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 35–44 | 21 | 10 | 37.5% |
| 45–54 | 26 | 10 | 54.6% |
| 55–64 | 26 | 17 | 22.7% |
| 65–74 | 25 | 15 | 34.8% |
Where Peoples Advantage Federal Credit Union lends
2 states and 19 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Virginia | 122 | 67 | 27.1% | — | #268 |
Frequently asked questions
Peoples Advantage Federal Credit Union denied 32.1% 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 small mortgage lenders.
In 2025, 1% of its applications were for home purchases, 20% for refinancing (including cash-out), and 80% 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.