PlainLender

Firefighters First Federal Credit Union

PASADENA, CA

Firefighters First Federal Credit Union processed 1,357 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 909 loans with a 11.8% denial rate. Cash-out Refinancing was the primary loan purpose. Based in PASADENA, CA. The approval rate of 67.0% 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Firefighters First Federal Credit Union's 67.0% origination rate tells you how often an application turned into funded money; the 11.8% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Other, Credit history, which together explain the majority of rejections. Most activity concentrated in Conventional loans (1,357 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.

1,357
Applications
909
Originated
11.8%
Denial Rate
$241,139
Avg Loan Amount
Avg Interest Rate: 8.312% Avg Applicant Income: $38,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 1,357 909 160 $241,139

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Firefighters First Federal Credit Union (LEI: 549300ZS1TR1B4LHX377) · 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 Approval rates exclude withdrawn / incomplete applications.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
95
Other
40
Credit history
25
Collateral
15
Mortgage insurance denied
3
Employment history
2
Unverifiable information
1
Insufficient cash
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Cash-out Refinancing 592 395 $196,943
Home Improvement 460 361 $173,891
Home Purchase 209 131 $491,842
Refinancing 67 22 $360,672
Other 29 0 $127,069

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 753 72.0% 8.8%
Black or African American 65 49.2% 16.9%
Joint * 49 57.1% 14.3%
Asian * 35 71.4% 14.3%
American Indian or Alaska Native * 24 54.2% 12.5%
2 or more minority races * 12 58.3% 16.7%
Native Hawaiian or Other Pacific Islander * 6 66.7% 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 645 70.4% 9.9%
Hispanic or Latino 254 63.8% 11.8%
Joint 109 73.4% 9.2%

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 Firefighters First Federal Credit Union vs Pennymac Loan Services LLC →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Firefighters First Federal Credit Union process?
Firefighters First Federal Credit Union processed 1,357 mortgage applications in the 2024 HMDA reporting year. Of these, 909 were originated (approved and funded), 176 were withdrawn by the applicant, and 160 were denied.
What is Firefighters First Federal Credit Union's mortgage approval rate?
Firefighters First Federal Credit Union has an approval (origination) rate of 67.0%, meaning 67.0% of all applications resulted in a funded mortgage. The denial rate is 11.8%.
What is the average loan amount at Firefighters First Federal Credit Union?
The average mortgage loan amount at Firefighters First Federal Credit Union is $241,139. The average interest rate is 8.312%. The average applicant income is $38,000.
What are the most common reasons for mortgage denial at Firefighters First Federal Credit Union?
The most common reasons for mortgage denial at Firefighters First Federal Credit Union are: Debt-to-income ratio, Other, Credit history. In total, 160 applications were denied out of 1,357 total applications.
What types of mortgage loans does Firefighters First Federal Credit Union offer?
Firefighters First Federal Credit Union processes Conventional loans. The most common type is Conventional with 1,357 applications and an average loan amount of $241,139.
What loan purposes does Firefighters First Federal Credit Union serve?
Firefighters First Federal Credit Union serves the following loan purposes: Cash-out Refinancing (592 applications), Home Improvement (460 applications), Home Purchase (209 applications), Refinancing (67 applications), Other (29 applications). Cash-out Refinancing is the most common purpose.
Where is Firefighters First Federal Credit Union located?
Firefighters First Federal Credit Union is headquartered in PASADENA, CA. The lender is identified by LEI 549300ZS1TR1B4LHX377 in HMDA data.
How does Firefighters First Federal Credit Union compare in lending across racial demographics?
Firefighters First Federal Credit Union reports demographic lending data under HMDA requirements. White applicants have an approval rate of 72.0% and denial rate of 8.8%; Black or African American applicants have an approval rate of 49.2% and denial rate of 16.9%; Joint applicants have an approval rate of 57.1% and denial rate of 14.3%. 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.