Mortgage lender · Albany, NY · LEI 54930017CJWOENP0BZ82

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

Sunmark Credit Union earns a C, in line with the typical performance of mid-size mortgage lenders. It turned down 13.3% of the applications it decided on in 2025, which ranks in the 40th percentile for approval odds. Its median loan was priced 0.23 points above the average prime offer rate, ranking in the 54th percentile on pricing. Compared against 581 mid-size mortgage lenders using 2025 HMDA filings.

1.4kApplications2025
67.8%Originatedof applications
13.3%Decision denial ratenational 22.6%
6.63%Median ratenational 6.63%
$194MLoan volume1 states

Sunmark Credit Union at a glance, 2025

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

11.2%Denial rate (all applications)-6.79 pts vs national
13.3%Denial rate (decided applications)-9.28 pts vs national
67.8%Origination rate+9.78 pts vs national
15.6%Withdrawn by applicant
0.4%Closed for incompleteness
6.63%Median interest rate0.00 pts vs national
0.23Median rate spread (pts over APOR)-0.02 pts vs national
$145,000Median loan amount
$3,672Median total loan costs
$104kMedian applicant income
78%Median loan-to-value
0High-cost (HOEPA) loans

How the C grade breaks down

Each component is a percentile rank among 581 mid-size mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

40th13.3% denied

Pricingmedian rate spread over APOR, weight 30%

54th0.23 pts

Processwithdrawn + incomplete share, weight 15%

54th15.9%

Closing coststotal loan costs ÷ loan amount, weight 10%

41st2.53% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20231,5871,03013.9%17.0%6.50%$157M
20241,26581512.7%15.5%6.85%$141M
20251,37693311.2%13.3%6.63%$194M

What Sunmark 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 483 35% · 5.2% denied
Refinance 58 4% · 22.4% denied
Cash-out refinance 127 9% · 10.2% denied
Home improvement 692 50% · 14.2% denied
Other / HELOC 16 1% · 31.3% denied

By loan type

Conventional 1,255 91% · 11.2% denied
FHA 110 8% · 11.8% denied
VA 10 1% · 0.0% denied
USDA / RHS 1 0% · 0.0% denied

Also: 430 home-equity lines, 0 reverse mortgages, 8 manufactured homes, 122 investment properties.

Why Sunmark Credit Union denies applications

Primary reason reported for each of the 154 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Credit history 109 71%
Debt-to-income ratio 24 16%
Collateral 14 9%
Insufficient cash 3 2%
Other 2 1%
Incomplete application 1 1%
Employment history 1 1%

How these reasons compare nationally →

Who gets approved at Sunmark Credit Union

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

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k954143.1%
$50k – $100k50731516.6%
$100k – $150k35124012.5%
$150k – $250k2351796.0%
Over $250k77543.4%
Applicant ageApplicationsOriginatedDecision denial rate
Under 25231216.7%
25–3427717413.3%
35–4433521615.0%
45–5428418518.6%
55–641851408.9%
65–741217614.9%
Over 74452618.8%

Where Sunmark Credit Union lends

1 states and 30 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
New York1,37693311.2%6.63%#62

Frequently asked questions

Sunmark Credit Union denied 13.3% 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 mid-size mortgage lenders.

The most common reason Sunmark Credit Union gave in 2025 was "credit history", cited on 70.8% 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 Sunmark Credit Union originated in 2025 was 6.63%, and its median rate spread over the average prime offer rate was 0.23 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 35% of its applications were for home purchases, 13% for refinancing (including cash-out), and 51% for home improvement or other purposes. By loan type: 91% conventional, 8% FHA, 1% 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 Sunmark Credit Union. Data sources · Methodology