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Community First Credit Union

Santa Rosa, CA

Community First Credit Union processed 294 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 153 loans with a 15.3% denial rate. Cash-out Refinancing was the primary loan purpose. Based in Santa Rosa, CA. The approval rate of 52.0% reflects originated loans as a share of all applications.

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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Community First Credit Union's 52.0% origination rate tells you how often an application turned into funded money; the 15.3% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Other, Unverifiable information, which together explain the majority of rejections. Most activity concentrated in Conventional loans (294 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.

294
Applications
153
Originated
15.3%
Denial Rate
$148,469
Avg Loan Amount
Avg Interest Rate: 8.335% Avg Applicant Income: $40,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 294 153 45 $148,469

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Community First Credit Union (LEI: 549300767F7CDUJR8Q67) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Debt-to-income ratio
21
Other
21
Unverifiable information
5
Collateral
2
Credit history
2

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Cash-out Refinancing 181 111 $116,934
Home Purchase 110 41 $191,000
Refinancing 3 1 $491,667

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 238 51.7% 16.0%
Asian * 9 33.3% 33.3%
Joint * 9 55.6% 11.1%
Black or African American * 6 66.7% 0.0%
American Indian or Alaska Native * 5 60.0% 0.0%
Native Hawaiian or Other Pacific Islander * 2 50.0% 50.0%
2 or more minority races * 1 0.0% 0.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

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 207 56.5% 16.4%
Hispanic or Latino 61 36.1% 13.1%
Joint * 6 50.0% 16.7%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Nearby Lenders in CA

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

Pennymac Loan Services LLC

WESTLAKE VILLAGE, CA

384,816 apps 67,294 originated 4.7% denied

Bank of America NA

Westlake Village, CA

233,637 apps 83,165 originated 34.6% denied

AmeriHome Mortgage Company, LLC

Thousand Oaks, CA

149,937 apps 6,250 originated 0.8% denied

Loandepot.Com, LLC

IRVINE, CA

142,924 apps 79,418 originated 23.3% denied

New American Funding, LLC.

TUSTIN, CA

118,479 apps 48,639 originated 11.1% denied
Compare Community First Credit Union vs Pennymac Loan Services LLC →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Community First Credit Union process?
Community First Credit Union processed 294 mortgage applications in the 2024 HMDA reporting year. Of these, 153 were originated (approved and funded), 27 were withdrawn by the applicant, and 45 were denied.
What is Community First Credit Union's mortgage approval rate?
Community First Credit Union has an approval (origination) rate of 52.0%, meaning 52.0% of all applications resulted in a funded mortgage. The denial rate is 15.3%.
What is the average loan amount at Community First Credit Union?
The average mortgage loan amount at Community First Credit Union is $148,469. The average interest rate is 8.335%. The average applicant income is $40,000.
What are the most common reasons for mortgage denial at Community First Credit Union?
The most common reasons for mortgage denial at Community First Credit Union are: Debt-to-income ratio, Other, Unverifiable information. In total, 45 applications were denied out of 294 total applications.
What types of mortgage loans does Community First Credit Union offer?
Community First Credit Union processes Conventional loans. The most common type is Conventional with 294 applications and an average loan amount of $148,469.
What loan purposes does Community First Credit Union serve?
Community First Credit Union serves the following loan purposes: Cash-out Refinancing (181 applications), Home Purchase (110 applications), Refinancing (3 applications). Cash-out Refinancing is the most common purpose.
Where is Community First Credit Union located?
Community First Credit Union is headquartered in Santa Rosa, CA. The lender is identified by LEI 549300767F7CDUJR8Q67 in HMDA data.
How does Community First Credit Union compare in lending across racial demographics?
Community First Credit Union reports demographic lending data under HMDA requirements. White applicants have an approval rate of 51.7% and denial rate of 16.0%; Asian applicants have an approval rate of 33.3% and denial rate of 33.3%; Joint applicants have an approval rate of 55.6% and denial rate of 11.1%. 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.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.