Popa 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 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%
10th27.0% deniedPricingmedian rate spread over APOR, weight 30%
97th-0.51 ptsProcesswithdrawn + incomplete share, weight 15%
72nd7.0%Closing coststotal loan costs ÷ loan amount, weight 10%
3rd6.07% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 251 | 155 | 23.9% | 25.9% | 8.75% | $16M |
| 2024 | 194 | 143 | 16.5% | 17.2% | 9.50% | $18M |
| 2025 | 187 | 117 | 25.1% | 27.0% | 7.50% | $18M |
What Popa 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: 53 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 0 investment properties.
Why Popa Federal Credit Union denies applications
Primary reason reported for each of the 47 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Popa Federal Credit Union
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 24 | 11 | 45.8% |
| $100k – $150k | 59 | 37 | 32.7% |
| $150k – $250k | 75 | 50 | 16.2% |
| Over $250k | 27 | 19 | 20.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 35–44 | 42 | 25 | 24.3% |
| 45–54 | 63 | 41 | 28.8% |
| 55–64 | 42 | 22 | 35.9% |
| 65–74 | 21 | 17 | 9.5% |
Where Popa Federal Credit Union lends
2 states and 7 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| California | 186 | 117 | 24.7% | 7.50% | #373 |
Frequently asked questions
Popa Federal Credit Union denied 27.0% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 10th percentile of small mortgage lenders.
The most common reason Popa Federal Credit Union gave in 2025 was "debt-to-income ratio", cited on 38.3% 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 Popa Federal Credit Union originated in 2025 was 7.50%, and its median rate spread over the average prime offer rate was -0.51 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 1% of its applications were for home purchases, 7% for refinancing (including cash-out), and 93% 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.