STRATA 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 D 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%
5th35.1% deniedPricingmedian rate spread over APOR, weight 30%
9th1.16 ptsProcesswithdrawn + incomplete share, weight 15%
70th7.4%Closing coststotal loan costs ÷ loan amount, weight 10%
0th8.91% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 254 | 166 | 26.4% | 28.2% | 7.50% | $13M |
| 2024 | 233 | 147 | 29.6% | 31.5% | 7.50% | $15M |
| 2025 | 283 | 167 | 32.5% | 35.1% | 7.50% | $23M |
What STRATA 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, 2 manufactured homes, 2 investment properties.
Why STRATA Credit Union denies applications
Primary reason reported for each of the 92 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at STRATA 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 | 45 | 19 | 54.6% |
| $50k – $100k | 109 | 61 | 38.0% |
| $100k – $150k | 72 | 51 | 23.9% |
| $150k – $250k | 45 | 28 | 27.5% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 27 | 15 | 38.5% |
| 35–44 | 81 | 46 | 36.5% |
| 45–54 | 83 | 45 | 39.5% |
| 55–64 | 54 | 38 | 24.0% |
| 65–74 | 28 | 17 | 37.0% |
Where STRATA 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 | 282 | 167 | 32.3% | 7.50% | #324 |
Frequently asked questions
STRATA Credit Union denied 35.1% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 5th percentile of small mortgage lenders.
The most common reason STRATA Credit Union gave in 2025 was "debt-to-income ratio", cited on 44.6% 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 STRATA Credit Union originated in 2025 was 7.50%, and its median rate spread over the average prime offer rate was 1.16 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 11% of its applications were for home purchases, 14% for refinancing (including cash-out), and 75% 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.