Safe 1 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%
40th12.3% deniedProcesswithdrawn + incomplete share, weight 15%
95th0.0%Closing coststotal loan costs ÷ loan amount, weight 10%
17th3.11% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 468 | 413 | 11.8% | 11.8% | 7.25% | $34M |
| 2024 | 374 | 318 | 15.0% | 15.0% | 8.25% | $24M |
| 2025 | 391 | 343 | 12.3% | 12.3% | 7.50% | $36M |
What Safe 1 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: 5 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 0 investment properties.
Why Safe 1 Credit Union denies applications
Primary reason reported for each of the 48 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Safe 1 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 | 20 | 28.6% |
| $50k – $100k | 139 | 120 | 13.7% |
| $100k – $150k | 127 | 117 | 7.9% |
| $150k – $250k | 77 | 68 | 11.7% |
| Over $250k | 20 | 18 | 10.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 31 | 24 | 22.6% |
| 35–44 | 107 | 98 | 8.4% |
| 45–54 | 119 | 102 | 14.3% |
| 55–64 | 68 | 55 | 19.1% |
| 65–74 | 48 | 47 | 2.1% |
Where Safe 1 Credit Union lends
1 states and 4 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| California | 391 | 343 | 12.3% | 7.50% | #290 |
Frequently asked questions
Safe 1 Credit Union denied 12.3% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 40th percentile of small mortgage lenders.
The most common reason Safe 1 Credit Union gave in 2025 was "other", cited on 43.8% 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 Safe 1 Credit Union originated in 2025 was 7.50%, and its median rate spread over the average prime offer rate was 0.00 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 4% of its applications were for home purchases, 9% for refinancing (including cash-out), and 87% 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.