Armstrong Associates FCU

Ford City, PA

Armstrong Associates FCU processed 86 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 86 loans with a 0.0% denial rate. Other was the primary loan purpose. Based in Ford City, PA. The approval rate of 100.0% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.

Portfolio scale. Armstrong Associates FCU processed 86 HMDA-reported mortgage applications in 2024, originating 86 loans and denying 0 for a denial rate of 0.0%. The average loan amount was $57,907 at a 5.174% average note rate, and applicants self-reported an average income of $27,000. The lender reports under LEI 254900XJILJTNAUVMD85 from Ford City, PA.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% — HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Armstrong Associates FCU's 100.0% origination rate tells you how often an application turned into funded money; the 0.0% denial rate is a separate read on underwriting strictness. Most activity concentrated in Conventional loans (86 applications).

How to read this page. These figures are aggregate HMDA disclosures — they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting — it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

86
Applications
86
Originated
0.0%
Denial Rate
$57,907
Avg Loan Amount
Avg Interest Rate: 5.174% Avg Applicant Income: $27,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 86 86 0 $57,907

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for Armstrong Associates FCU (LEI: 254900XJILJTNAUVMD85) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Other 63 63 $58,651
Home Improvement 22 22 $50,455
Refinancing 1 1 $175,000

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 86 100.0% 0.0%

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 86 100.0% 0.0%

Nearby Lenders in PA

Other HMDA-reporting lenders in PA with similar activity. Compare any two side-by-side.

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Armstrong Associates FCU process?
Armstrong Associates FCU processed 86 mortgage applications in the 2023 HMDA reporting year. Of these, 86 were originated (approved and funded), and 0 were denied.
What is Armstrong Associates FCU's mortgage approval rate?
Armstrong Associates FCU has an approval (origination) rate of 100.0%, meaning 100.0% of all applications resulted in a funded mortgage. The denial rate is 0.0%.
What is the average loan amount at Armstrong Associates FCU?
The average mortgage loan amount at Armstrong Associates FCU is $57,907. The average interest rate is 5.174%. The average applicant income is $27,000.
What types of mortgage loans does Armstrong Associates FCU offer?
Armstrong Associates FCU processes Conventional loans. The most common type is Conventional with 86 applications and an average loan amount of $57,907.
What loan purposes does Armstrong Associates FCU serve?
Armstrong Associates FCU serves the following loan purposes: Other (63 applications), Home Improvement (22 applications), Refinancing (1 applications). Other is the most common purpose.
Where is Armstrong Associates FCU located?
Armstrong Associates FCU is headquartered in Ford City, PA. The lender is identified by LEI 254900XJILJTNAUVMD85 in HMDA data.
How does Armstrong Associates FCU compare in lending across racial demographics?
Armstrong Associates FCU reports demographic lending data under HMDA requirements. White applicants have an approval rate of 100.0% and denial rate of 0.0%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.