Mortgage lender · Rochester, NY · LEI 254900LNRKOG7TRURB32

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

Ukrainian Federal Credit Union earns a B, better than most small mortgage lenders. It turned down 4.4% of the applications it decided on in 2025, which ranks in the 76th percentile for approval odds. Its median loan was priced 0.11 points above the average prime offer rate, ranking in the 71st percentile on pricing. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

207Applications2025
83.1%Originatedof applications
4.4%Decision denial ratenational 22.6%
6.63%Median ratenational 6.63%
$39MLoan volume10 states

Ukrainian Federal Credit Union at a glance, 2025

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

3.9%Denial rate (all applications)-14.12 pts vs national
4.4%Denial rate (decided applications)-18.24 pts vs national
83.1%Origination rate+25.06 pts vs national
11.1%Withdrawn by applicant
0.0%Closed for incompleteness
6.63%Median interest rate0.00 pts vs national
0.11Median rate spread (pts over APOR)-0.14 pts vs national
$205,000Median loan amount
$4,197Median total loan costs
$88kMedian applicant income
68%Median loan-to-value
0High-cost (HOEPA) loans

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%

76th4.4% denied

Pricingmedian rate spread over APOR, weight 30%

71st0.11 pts

Processwithdrawn + incomplete share, weight 15%

52nd11.1%

Closing coststotal loan costs ÷ loan amount, weight 10%

45th2.05% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20231971378.1%10.5%$31M
20241851525.4%6.1%$34M
20252071723.9%4.4%6.63%$39M

What Ukrainian 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

Home purchase 104 50% · 2.9% denied
Refinance 7 3% · 0.0% denied
Cash-out refinance 90 43% · 4.4% denied
Home improvement 3 1% · 0.0% denied
Other / HELOC 3 1% · 33.3% denied

By loan type

Conventional 207 100% · 3.9% denied

Also: 77 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 2 investment properties.

Why Ukrainian Federal Credit Union denies applications

Primary reason reported for each of the 8 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Collateral 3 38%
Debt-to-income ratio 2 25%
Other 2 25%
Unverifiable information 1 13%

How these reasons compare nationally →

Who gets approved at Ukrainian Federal Credit Union

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

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k27234.2%
$50k – $100k87743.8%
$100k – $150k49422.3%
$150k – $250k22190.0%
Applicant ageApplicationsOriginatedDecision denial rate
25–3439320.0%
35–4465545.2%
45–5449454.3%
55–6433247.7%

Where Ukrainian Federal Credit Union lends

10 states and 37 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
New York81750.0%6.50%#295
California54445.6%7.00%#514
South Carolina171411.8%7.38%#474
North Carolina13515.4%7.00%#582
Ohio13110.0%6.25%#582
Washington13117.7%7.50%#435
Massachusetts870.0%6.50%#470

Frequently asked questions

Ukrainian Federal Credit Union denied 4.4% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 76th percentile of small mortgage lenders.

The most common reason Ukrainian Federal Credit Union gave in 2025 was "collateral", cited on 37.5% 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 Ukrainian Federal Credit Union originated in 2025 was 6.63%, and its median rate spread over the average prime offer rate was 0.11 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 50% of its applications were for home purchases, 47% for refinancing (including cash-out), and 3% 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 Ukrainian Federal Credit Union. Data sources · Methodology