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Mid-Atlantic FCU

Germantown, MD

Mid-Atlantic FCU processed 197 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 89 loans with a 29.9% denial rate. Other was the primary loan purpose. Based in Germantown, MD. The approval rate of 45.2% 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Mid-Atlantic FCU's 45.2% origination rate tells you how often an application turned into funded money; the 29.9% 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 (197 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.

197
Applications
89
Originated
29.9%
Denial Rate
$200,888
Avg Loan Amount
Avg Interest Rate: 7.886% Avg Applicant Income: $38,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 197 89 59 $200,888

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Mid-Atlantic FCU (LEI: 549300XRGNVNCISU8Q79) · 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 Approval rates exclude withdrawn / incomplete applications.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
35
Other
22
Credit history
4
Collateral
2
Insufficient cash
1
Unverifiable information
1
Credit application incomplete
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Other 103 49 $159,757
Home Improvement 55 13 $172,091
Home Purchase 24 18 $367,083
Cash-out Refinancing 9 6 $263,889
Refinancing 6 3 $411,667

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 88 47.7% 25.0%
Asian * 45 51.1% 28.9%
Black or African American * 43 41.9% 34.9%
Joint * 7 71.4% 14.3%
2 or more minority races * 1 0.0% 100.0%
American Indian or Alaska Native * 1 0.0% 100.0%

* 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 160 48.8% 28.1%
Hispanic or Latino * 23 34.8% 34.8%
Joint * 3 66.7% 33.3%

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

Nearby Lenders in MD

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

Lower, LLC

COLUMBIA, MD

27,730 apps 17,412 originated 9.4% denied

Nfm, INC

LINTHICUM, MD

22,075 apps 17,246 originated 1.9% denied

First Home Mortgage

Baltimore, MD

7,187 apps 5,538 originated 2.8% denied

Tower Federal Credit Union

LAUREL, MD

6,022 apps 3,449 originated 31.0% denied

State Employees Credit Union of Maryland

Linthicum, MD

5,814 apps 2,602 originated 42.7% denied
Compare Mid-Atlantic FCU vs Lower, LLC →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Mid-Atlantic FCU process?
Mid-Atlantic FCU processed 197 mortgage applications in the 2024 HMDA reporting year. Of these, 89 were originated (approved and funded), 48 were withdrawn by the applicant, and 59 were denied.
What is Mid-Atlantic FCU's mortgage approval rate?
Mid-Atlantic FCU has an approval (origination) rate of 45.2%, meaning 45.2% of all applications resulted in a funded mortgage. The denial rate is 29.9%.
What is the average loan amount at Mid-Atlantic FCU?
The average mortgage loan amount at Mid-Atlantic FCU is $200,888. The average interest rate is 7.886%. The average applicant income is $38,000.
What are the most common reasons for mortgage denial at Mid-Atlantic FCU?
The most common reasons for mortgage denial at Mid-Atlantic FCU are: Debt-to-income ratio, Other, Credit history. In total, 59 applications were denied out of 197 total applications.
What types of mortgage loans does Mid-Atlantic FCU offer?
Mid-Atlantic FCU processes Conventional loans. The most common type is Conventional with 197 applications and an average loan amount of $200,888.
What loan purposes does Mid-Atlantic FCU serve?
Mid-Atlantic FCU serves the following loan purposes: Other (103 applications), Home Improvement (55 applications), Home Purchase (24 applications), Cash-out Refinancing (9 applications), Refinancing (6 applications). Other is the most common purpose.
Where is Mid-Atlantic FCU located?
Mid-Atlantic FCU is headquartered in Germantown, MD. The lender is identified by LEI 549300XRGNVNCISU8Q79 in HMDA data.
How does Mid-Atlantic FCU compare in lending across racial demographics?
Mid-Atlantic FCU reports demographic lending data under HMDA requirements. White applicants have an approval rate of 47.7% and denial rate of 25.0%; Asian applicants have an approval rate of 51.1% and denial rate of 28.9%; Black or African American applicants have an approval rate of 41.9% and denial rate of 34.9%. 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.