Pittsford 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 A 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%
99th4.5% deniedPricingmedian rate spread over APOR, weight 30%
60th-0.03 ptsProcesswithdrawn + incomplete share, weight 15%
36th15.0%Closing coststotal loan costs ÷ loan amount, weight 10%
70th2.41% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 313 | 255 | 6.1% | 6.7% | 8.00% | $26M |
| 2024 | 342 | 269 | 7.3% | 8.2% | 8.25% | $30M |
| 2025 | 419 | 327 | 3.8% | 4.5% | 7.25% | $46M |
What Pittsford 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: 240 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 1 investment properties.
Why Pittsford Federal Credit Union denies applications
Primary reason reported for each of the 16 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Pittsford 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 | 26 | 22 | 12.0% |
| $50k – $100k | 118 | 91 | 4.0% |
| $100k – $150k | 101 | 72 | 5.0% |
| $150k – $250k | 113 | 98 | 2.9% |
| Over $250k | 56 | 40 | 4.6% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 51 | 37 | 5.1% |
| 35–44 | 81 | 70 | 2.7% |
| 45–54 | 99 | 77 | 6.0% |
| 55–64 | 100 | 74 | 4.9% |
| 65–74 | 57 | 51 | 0.0% |
| Over 74 | 25 | 17 | 9.5% |
Where Pittsford Federal Credit Union lends
2 states and 9 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| New York | 417 | 327 | 3.8% | 7.25% | #149 |
Frequently asked questions
Pittsford Federal Credit Union denied 4.5% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 99th percentile of home-equity (HELOC) lenders.
The most common reason Pittsford Federal Credit Union gave in 2025 was "credit history", cited on 56.3% 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 Pittsford Federal Credit Union originated in 2025 was 7.25%, and its median rate spread over the average prime offer rate was -0.03 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 12% of its applications were for home purchases, 64% for refinancing (including cash-out), and 24% 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.