Mortgage lender · Cincinnati, OH · LEI 549300FB7LY738B0AS28

Sharefax Credit Union review: approval odds, rates and grade (2025)

Sharefax Credit Union earns a C, in line with the typical performance of small mortgage lenders. It turned down 15.3% of the applications it decided on in 2025, which ranks in the 30th percentile for approval odds. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

215Applications2025
68.8%Originatedof applications
15.3%Decision denial ratenational 22.6%
Median ratenational 6.63%
$28MLoan volume9 states

Sharefax Credit Union at a glance, 2025

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

13.5%Denial rate (all applications)-4.49 pts vs national
15.3%Denial rate (decided applications)-7.25 pts vs national
68.8%Origination rate+10.81 pts vs national
11.6%Withdrawn by applicant
0.5%Closed for incompleteness
Median interest rate
Median rate spread (pts over APOR)
$135,000Median loan amount
Median total loan costs
$99kMedian applicant income
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%

30th15.3% denied

Processwithdrawn + incomplete share, weight 15%

48th12.1%

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
202327219211.4%13.5%7.25%$22M
202429218220.6%21.7%8.00%$21M
202521514813.5%15.3%$28M

What Sharefax 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 72 33% · 4.2% denied
Refinance 16 7% · 12.5% denied
Cash-out refinance 22 10% · 9.1% denied
Home improvement 50 23% · 16.0% denied
Other / HELOC 55 26% · 25.5% denied

By loan type

Conventional 215 100% · 13.5% denied

Also: 0 home-equity lines, 0 reverse mortgages, 1 manufactured homes, 7 investment properties.

Who gets approved at Sharefax Credit Union

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

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k291729.6%
$50k – $100k795417.7%
$100k – $150k51366.8%
$150k – $250k402813.9%
Applicant ageApplicationsOriginatedDecision denial rate
25–3438299.1%
35–44443215.4%
45–54462912.8%
55–64392719.4%
65–74352320.0%

Where Sharefax Credit Union lends

9 states and 26 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Ohio19012915.3%#246
Kentucky1180.0%#398
Indiana650.0%#617

Frequently asked questions

Sharefax Credit Union denied 15.3% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 30th percentile of small mortgage lenders.

In 2025, 33% of its applications were for home purchases, 18% for refinancing (including cash-out), and 49% 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 Sharefax Credit Union. Data sources · Methodology