Polish-American 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 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%
80th3.7% deniedPricingmedian rate spread over APOR, weight 30%
97th-0.57 ptsProcesswithdrawn + incomplete share, weight 15%
84th3.5%Closing coststotal loan costs ÷ loan amount, weight 10%
48th1.97% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 168 | 150 | 0.0% | 0.0% | 5.50% | $23M |
| 2024 | 119 | 118 | 0.8% | 0.8% | 6.38% | $18M |
| 2025 | 113 | 102 | 3.5% | 3.7% | 6.25% | $18M |
What Polish-American 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, 0 manufactured homes, 8 investment properties.
Why Polish-American Federal Credit Union denies applications
Primary reason reported for each of the 4 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Polish-American 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 | 24 | 20 | 8.7% |
| $50k – $100k | 52 | 47 | 0.0% |
| $100k – $150k | 22 | 20 | 9.1% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 35–44 | 25 | 22 | 0.0% |
| 45–54 | 30 | 27 | 3.5% |
Where Polish-American Federal Credit Union lends
2 states and 6 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Michigan | 94 | 89 | 3.2% | 6.25% | #282 |
Frequently asked questions
Polish-American Federal Credit Union denied 3.7% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 80th percentile of small mortgage lenders.
The most common reason Polish-American Federal Credit Union gave in 2025 was "debt-to-income ratio", cited on 100.0% 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 Polish-American Federal Credit Union originated in 2025 was 6.25%, and its median rate spread over the average prime offer rate was -0.57 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 64% of its applications were for home purchases, 33% for refinancing (including cash-out), and 4% 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.