Mortgage lender · Burbank, CA · LEI 549300Q6TVHCCFZ5R384

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

Ume Federal Credit Union earns an A, placing it in the top fifth of home-equity (HELOC) lenders. It turned down 3.9% of the applications it decided on in 2025, which ranks in the 99th percentile for approval odds. Its median loan was priced 0.51 points below the average prime offer rate, ranking in the 79th percentile on pricing. Compared against 412 home-equity (HELOC) lenders using 2025 HMDA filings.

108Applications2025
87.0%Originatedof applications
3.9%Decision denial ratenational 22.6%
5.99%Median ratenational 6.63%
$27MLoan volume1 states

Ume Federal Credit Union at a glance, 2025

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

3.7%Denial rate (all applications)-14.28 pts vs national
3.9%Denial rate (decided applications)-18.74 pts vs national
87.0%Origination rate+29.01 pts vs national
3.7%Withdrawn by applicant
0.0%Closed for incompleteness
5.99%Median interest rate-0.63 pts vs national
-0.51Median rate spread (pts over APOR)-0.76 pts vs national
$205,000Median loan amount
Median total loan costs
$192kMedian applicant income
Median loan-to-value
0High-cost (HOEPA) loans

How the A grade breaks down

Each component is a percentile rank among 412 home-equity (HELOC) lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

99th3.9% denied

Pricingmedian rate spread over APOR, weight 30%

79th-0.51 pts

Processwithdrawn + incomplete share, weight 15%

91st3.7%

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20231351137.4%7.5%5.99%$24M
20241271096.3%6.3%5.99%$24M
2025108943.7%3.9%5.99%$27M

What Ume 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 3 3% · 0.0% denied
Refinance 4 4% · 0.0% denied
Cash-out refinance 9 8% · 0.0% denied
Home improvement 77 71% · 3.9% denied
Other / HELOC 15 14% · 6.7% denied

By loan type

Conventional 108 100% · 3.7% denied

Also: 93 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 0 investment properties.

Why Ume Federal Credit Union denies applications

Primary reason reported for each of the 4 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Debt-to-income ratio 3 75%
Credit history 1 25%

How these reasons compare nationally →

Who gets approved at Ume Federal Credit Union

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

Applicant incomeApplicationsOriginatedDecision denial rate
$100k – $150k26234.0%
$150k – $250k39362.6%
Over $250k30253.5%
Applicant ageApplicationsOriginatedDecision denial rate
45–5427230.0%
55–6436332.9%

Where Ume Federal Credit Union lends

1 states and 6 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
California108943.7%5.99%#430

Frequently asked questions

Ume Federal Credit Union denied 3.9% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 99th percentile of home-equity (HELOC) lenders.

The most common reason Ume Federal Credit Union gave in 2025 was "debt-to-income ratio", cited on 75.0% 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 Ume Federal Credit Union originated in 2025 was 5.99%, and its median rate spread over the average prime offer rate was -0.51 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 3% of its applications were for home purchases, 12% for refinancing (including cash-out), and 85% 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 Ume Federal Credit Union. Data sources · Methodology