SUN 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 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%
17th21.3% deniedPricingmedian rate spread over APOR, weight 30%
7th1.31 ptsProcesswithdrawn + incomplete share, weight 15%
41st13.7%Closing coststotal loan costs ÷ loan amount, weight 10%
5th4.88% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 721 | 427 | 19.0% | 24.0% | 8.00% | $44M |
| 2024 | 690 | 431 | 21.3% | 25.2% | 7.75% | $49M |
| 2025 | 761 | 513 | 18.4% | 21.3% | 7.63% | $60M |
What SUN 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: 221 home-equity lines, 0 reverse mortgages, 2 manufactured homes, 41 investment properties.
Why SUN Federal Credit Union denies applications
Primary reason reported for each of the 140 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at SUN Federal 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 | 131 | 55 | 45.1% |
| $50k – $100k | 280 | 194 | 20.1% |
| $100k – $150k | 187 | 137 | 19.3% |
| $150k – $250k | 116 | 100 | 8.2% |
| Over $250k | 40 | 27 | 6.9% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 23 | 18 | 5.3% |
| 25–34 | 96 | 66 | 17.5% |
| 35–44 | 156 | 100 | 25.4% |
| 45–54 | 192 | 137 | 20.1% |
| 55–64 | 158 | 104 | 22.1% |
| 65–74 | 101 | 68 | 24.4% |
| Over 74 | 34 | 19 | 17.4% |
Where SUN Federal Credit Union lends
15 states and 55 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Ohio | 472 | 378 | 13.6% | 7.63% | #145 |
| Pennsylvania | 151 | 83 | 33.1% | 7.50% | #322 |
| Michigan | 28 | 24 | 3.6% | 7.19% | #397 |
| New Jersey | 15 | 11 | 20.0% | 7.50% | #489 |
| Delaware | 9 | 5 | 33.3% | 7.13% | #244 |
| Florida | 6 | 5 | 16.7% | 7.88% | #1,074 |
Frequently asked questions
SUN Federal Credit Union denied 21.3% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 17th percentile of small mortgage lenders.
The most common reason SUN Federal Credit Union gave in 2025 was "credit history", cited on 41.4% 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 SUN Federal Credit Union originated in 2025 was 7.63%, and its median rate spread over the average prime offer rate was 1.31 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 22% of its applications were for home purchases, 15% for refinancing (including cash-out), and 63% 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.