VELOCITY COMMUNITY 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%
3rd40.8% deniedProcesswithdrawn + incomplete share, weight 15%
54th10.7%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 397 | 194 | 44.6% | 47.5% | — | $18M |
| 2024 | 343 | 161 | 46.1% | 49.4% | — | $16M |
| 2025 | 327 | 162 | 36.4% | 40.8% | — | $17M |
What VELOCITY COMMUNITY 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: 0 home-equity lines, 0 reverse mortgages, 3 manufactured homes, 1 investment properties.
Who gets approved at VELOCITY COMMUNITY 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 | 24 | 3 | 82.6% |
| $50k – $100k | 104 | 37 | 56.8% |
| $100k – $150k | 77 | 47 | 31.4% |
| $150k – $250k | 85 | 55 | 22.1% |
| Over $250k | 34 | 20 | 25.9% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 31 | 8 | 46.4% |
| 35–44 | 66 | 28 | 47.4% |
| 45–54 | 80 | 46 | 36.8% |
| 55–64 | 86 | 49 | 34.7% |
| 65–74 | 45 | 23 | 41.0% |
Where VELOCITY COMMUNITY Federal Credit Union lends
2 states and 8 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Florida | 282 | 162 | 31.9% | — | #318 |
Frequently asked questions
VELOCITY COMMUNITY Federal Credit Union denied 40.8% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 3rd percentile of small mortgage lenders.
In 2025, 15% of its applications were for home purchases, 6% for refinancing (including cash-out), and 79% 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.