Mortgage lender · Lewiston, ID · LEI 254900LX8DA8FRHUUD51

Potlatch No. 1 Financial Credit Union review: approval odds, rates and grade (2025)

Potlatch No. 1 Financial Credit Union earns a C, in line with the typical performance of small mortgage lenders. It turned down 13.4% of the applications it decided on in 2025, which ranks in the 35th percentile for approval odds. Its median loan was priced 0.30 points above the average prime offer rate, ranking in the 46th percentile on pricing. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

1.3kApplications2025
63.1%Originatedof applications
13.4%Decision denial ratenational 22.6%
7.50%Median ratenational 6.63%
$206MLoan volume4 states

Potlatch No. 1 Financial Credit Union at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

10.3%Denial rate (all applications)-7.70 pts vs national
13.4%Denial rate (decided applications)-9.22 pts vs national
63.1%Origination rate+5.08 pts vs national
22.5%Withdrawn by applicant
0.6%Closed for incompleteness
7.50%Median interest rate+0.88 pts vs national
0.30Median rate spread (pts over APOR)+0.05 pts vs national
$145,000Median loan amount
$3,155Median total loan costs
$98kMedian applicant income
64%Median loan-to-value
0High-cost (HOEPA) loans

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%

35th13.4% denied

Pricingmedian rate spread over APOR, weight 30%

46th0.30 pts

Processwithdrawn + incomplete share, weight 15%

13th23.1%

Closing coststotal loan costs ÷ loan amount, weight 10%

40th2.18% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20231,28277914.4%18.8%7.25%$113M
20241,20273413.3%16.9%7.88%$122M
20251,25579210.3%13.4%7.50%$206M

What Potlatch No. 1 Financial 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

Home purchase 307 24% · 7.5% denied
Refinance 233 19% · 9.9% denied
Cash-out refinance 74 6% · 25.7% denied
Home improvement 173 14% · 11.6% denied
Other / HELOC 468 37% · 9.4% denied

By loan type

Conventional 1,255 100% · 10.3% denied

Also: 549 home-equity lines, 0 reverse mortgages, 159 manufactured homes, 66 investment properties.

Why Potlatch No. 1 Financial Credit Union denies applications

Primary reason reported for each of the 129 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Debt-to-income ratio 72 56%
Credit history 23 18%
Collateral 23 18%
Other 9 7%
Employment history 2 2%

How these reasons compare nationally →

Who gets approved at Potlatch No. 1 Financial Credit Union

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k1567929.6%
$50k – $100k45728714.2%
$100k – $150k3032008.7%
$150k – $250k2121349.6%
Over $250k80555.0%
Applicant ageApplicationsOriginatedDecision denial rate
Under 25251312.5%
25–341368114.4%
35–4427616914.2%
45–5426918013.6%
55–6423714616.4%
65–7421213412.3%
Over 7474483.5%

Where Potlatch No. 1 Financial Credit Union lends

4 states and 54 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Idaho90356811.6%7.50%#21
Washington3352176.3%7.50%#136
Oregon16618.8%7.38%#313

Frequently asked questions

Potlatch No. 1 Financial Credit Union denied 13.4% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 35th percentile of small mortgage lenders.

The most common reason Potlatch No. 1 Financial Credit Union gave in 2025 was "debt-to-income ratio", cited on 55.8% 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 Potlatch No. 1 Financial Credit Union originated in 2025 was 7.50%, and its median rate spread over the average prime offer rate was 0.30 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 24% of its applications were for home purchases, 24% for refinancing (including cash-out), and 51% 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.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with Potlatch No. 1 Financial Credit Union. Data sources · Methodology