Freedom Northwest Credit Union

Kamiah, ID

Freedom Northwest Credit Union processed 348 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 320 loans with a 0.3% denial rate. Cash-out Refinancing was the primary loan purpose. Based in Kamiah, ID. The approval rate of 92.0% 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. Freedom Northwest Credit Union processed 348 HMDA-reported mortgage applications in 2024, originating 320 loans and denying 1 for a denial rate of 0.3%. The average loan amount was $184,080. The lender reports under LEI 254900N133DZGPB2X985 from Kamiah, ID.

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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Freedom Northwest Credit Union's 92.0% origination rate tells you how often an application turned into funded money; the 0.3% denial rate is a separate read on underwriting strictness. Most activity concentrated in Conventional loans (348 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.

348
Applications
320
Originated
0.3%
Denial Rate
$184,080
Avg Loan Amount

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 348 320 1 $184,080

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for Freedom Northwest Credit Union (LEI: 254900N133DZGPB2X985) · 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
Cash-out Refinancing 120 101 $163,750
Home Purchase 112 106 $227,054
Refinancing 61 58 $215,164
Other 45 45 $103,000
Home Improvement 6 6 $100,000

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 329 91.5% 0.3%
Joint 4 100.0% 0.0%
American Indian or Alaska Native 2 100.0% 0.0%
Asian 2 100.0% 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 332 91.9% 0.3%
Hispanic or Latino 3 66.7% 0.0%
Joint 2 100.0% 0.0%

Nearby Lenders in ID

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

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Freedom Northwest Credit Union process?
Freedom Northwest Credit Union processed 348 mortgage applications in the 2023 HMDA reporting year. Of these, 320 were originated (approved and funded), and 1 were denied.
What is Freedom Northwest Credit Union's mortgage approval rate?
Freedom Northwest Credit Union has an approval (origination) rate of 92.0%, meaning 92.0% of all applications resulted in a funded mortgage. The denial rate is 0.3%.
What is the average loan amount at Freedom Northwest Credit Union?
The average mortgage loan amount at Freedom Northwest Credit Union is $184,080.
What types of mortgage loans does Freedom Northwest Credit Union offer?
Freedom Northwest Credit Union processes Conventional loans. The most common type is Conventional with 348 applications and an average loan amount of $184,080.
What loan purposes does Freedom Northwest Credit Union serve?
Freedom Northwest Credit Union serves the following loan purposes: Cash-out Refinancing (120 applications), Home Purchase (112 applications), Refinancing (61 applications), Other (45 applications), Home Improvement (6 applications). Cash-out Refinancing is the most common purpose.
Where is Freedom Northwest Credit Union located?
Freedom Northwest Credit Union is headquartered in Kamiah, ID. The lender is identified by LEI 254900N133DZGPB2X985 in HMDA data.
How does Freedom Northwest Credit Union compare in lending across racial demographics?
Freedom Northwest Credit Union reports demographic lending data under HMDA requirements. White applicants have an approval rate of 91.5% and denial rate of 0.3%; Joint applicants have an approval rate of 100.0% and denial rate of 0.0%; American Indian or Alaska Native 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.