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Cross Valley Federal Credit Union

Wilkes Barre, PA

Cross Valley Federal Credit Union processed 116 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 106 loans with a 6.0% denial rate. Home Improvement was the primary loan purpose. Based in Wilkes Barre, PA. The approval rate of 91.4% 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Cross Valley Federal Credit Union's 91.4% origination rate tells you how often an application turned into funded money; the 6.0% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Collateral, Credit history, which together explain the majority of rejections. Most activity concentrated in Conventional loans (115 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.

116
Applications
106
Originated
6.0%
Denial Rate
$91,552
Avg Loan Amount
Avg Interest Rate: 7.144% Avg Applicant Income: $32,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 115 106 7 $91,261
FHA 1 0 0 $125,000

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Cross Valley Federal Credit Union (LEI: 254900L0XOVEOJWGQO95) · 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 Approval rates exclude withdrawn / incomplete applications.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
4
Collateral
1
Credit history
1
Other
1
Credit application incomplete
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Improvement 72 66 $85,972
Refinancing 26 26 $86,538
Home Purchase 15 12 $133,000
Other 2 2 $30,000
Cash-out Refinancing 1 0 $125,000

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 108 92.6% 5.6%
Black or African American * 6 83.3% 16.7%
Asian * 2 50.0% 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 109 91.7% 5.5%
Hispanic or Latino * 5 80.0% 20.0%
Joint * 1 100.0% 0.0%

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

Nearby Lenders in PA

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

Newrez LLC

FORT WASHINGTON, PA

248,242 apps 52,121 originated 11.5% denied

Pnc Bank N.A.

Pittsburgh, PA

127,108 apps 56,830 originated 25.4% denied

Spring Eq, LLC

RADNOR, PA

104,263 apps 31,186 originated 54.8% denied

Nvr Mortgage Finance, INC.

PITTSBURGH, PA

23,698 apps 17,311 originated 17.1% denied

First National Bank of PA

PITTSBURGH, PA

22,946 apps 13,057 originated 25.0% denied
Compare Cross Valley Federal Credit Union vs Newrez LLC →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Cross Valley Federal Credit Union process?
Cross Valley Federal Credit Union processed 116 mortgage applications in the 2024 HMDA reporting year. Of these, 106 were originated (approved and funded), 1 were withdrawn by the applicant, and 7 were denied.
What is Cross Valley Federal Credit Union's mortgage approval rate?
Cross Valley Federal Credit Union has an approval (origination) rate of 91.4%, meaning 91.4% of all applications resulted in a funded mortgage. The denial rate is 6.0%.
What is the average loan amount at Cross Valley Federal Credit Union?
The average mortgage loan amount at Cross Valley Federal Credit Union is $91,552. The average interest rate is 7.144%. The average applicant income is $32,000.
What are the most common reasons for mortgage denial at Cross Valley Federal Credit Union?
The most common reasons for mortgage denial at Cross Valley Federal Credit Union are: Debt-to-income ratio, Collateral, Credit history. In total, 7 applications were denied out of 116 total applications.
What types of mortgage loans does Cross Valley Federal Credit Union offer?
Cross Valley Federal Credit Union processes Conventional, FHA loans. The most common type is Conventional with 115 applications and an average loan amount of $91,261.
What loan purposes does Cross Valley Federal Credit Union serve?
Cross Valley Federal Credit Union serves the following loan purposes: Home Improvement (72 applications), Refinancing (26 applications), Home Purchase (15 applications), Other (2 applications), Cash-out Refinancing (1 applications). Home Improvement is the most common purpose.
Where is Cross Valley Federal Credit Union located?
Cross Valley Federal Credit Union is headquartered in Wilkes Barre, PA. The lender is identified by LEI 254900L0XOVEOJWGQO95 in HMDA data.
How does Cross Valley Federal Credit Union compare in lending across racial demographics?
Cross Valley Federal Credit Union reports demographic lending data under HMDA requirements. White applicants have an approval rate of 92.6% and denial rate of 5.6%; Black or African American applicants have an approval rate of 83.3% and denial rate of 16.7%; Asian applicants have an approval rate of 50.0% 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.

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.