Service First 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 B 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%
60th7.4% deniedProcesswithdrawn + incomplete share, weight 15%
35th15.2%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 210 | 165 | 7.1% | 8.3% | — | $39M |
| 2024 | 203 | 169 | 6.4% | 7.1% | — | $48M |
| 2025 | 191 | 149 | 6.3% | 7.4% | — | $43M |
What Service First 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, 4 investment properties.
Who gets approved at Service First 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 | 94 | 74 | 8.5% |
| $100k – $150k | 46 | 36 | 7.7% |
| $150k – $250k | 31 | 24 | 4.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 65 | 53 | 1.9% |
| 35–44 | 59 | 47 | 2.0% |
| 45–54 | 30 | 21 | 19.2% |
Where Service First Federal Credit Union lends
5 states and 18 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| South Dakota | 181 | 140 | 6.6% | — | #37 |
Frequently asked questions
Service First Federal Credit Union denied 7.4% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 60th percentile of small mortgage lenders.
In 2025, 70% of its applications were for home purchases, 26% for refinancing (including cash-out), and 4% for home improvement or other purposes. By loan type: 67% conventional, 28% FHA, 5% 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.