PlainLender

Nasa Federal Credit Union

UPPER MARLBORO, MD

Nasa Federal Credit Union processed 712 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 371 loans with a 4.6% denial rate. Home Purchase was the primary loan purpose. Based in UPPER MARLBORO, MD. The approval rate of 52.1% 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Nasa Federal Credit Union's 52.1% origination rate tells you how often an application turned into funded money; the 4.6% 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 (688 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.

712
Applications
371
Originated
4.6%
Denial Rate
$408,638
Avg Loan Amount
Avg Interest Rate: 7.334% Avg Applicant Income: $35,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 688 361 31 $408,735
VA 15 7 1 $413,000
FHA 9 3 1 $393,889

Top loan types - Nasa Federal Credit Union

Top loan types - Nasa Federal Credit Union Horizontal bar chart of the top 3 items by value (applications). Top loan types - Nasa Federal Credit Union Top 3 1. Conventional 688 2. VA 15 3. FHA 9 Top 5 loan types by application volume at Nasa Federal Credit Union (HMDA 2024). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Nasa Federal Credit Union (LEI: 549300KPBZCTMM3Y0061) · 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
25
Other
10
Unverifiable information
2
Collateral
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 355 105 $702,099
Home Improvement 137 109 $75,803
Other 113 75 $78,451
Refinancing 71 57 $176,972
Cash-out Refinancing 36 25 $274,722

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 251 75.3% 4.0%
Black or African American 86 62.8% 10.5%
Asian * 33 72.7% 12.1%
Joint * 14 64.3% 14.3%
American Indian or Alaska Native * 3 100.0% 0.0%
2 or more minority races * 2 0.0% 50.0%
Native Hawaiian or Other Pacific Islander * 1 100.0% 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 341 71.8% 7.3%
Hispanic or Latino * 36 75.0% 2.8%
Joint * 17 76.5% 0.0%

* 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 Nasa Federal Credit Union vs Lower, LLC →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Nasa Federal Credit Union process?
Nasa Federal Credit Union processed 712 mortgage applications in the 2024 HMDA reporting year. Of these, 371 were originated (approved and funded), 50 were withdrawn by the applicant, and 33 were denied.
What is Nasa Federal Credit Union's mortgage approval rate?
Nasa Federal Credit Union has an approval (origination) rate of 52.1%, meaning 52.1% of all applications resulted in a funded mortgage. The denial rate is 4.6%.
What is the average loan amount at Nasa Federal Credit Union?
The average mortgage loan amount at Nasa Federal Credit Union is $408,638. The average interest rate is 7.334%. The average applicant income is $35,000.
What are the most common reasons for mortgage denial at Nasa Federal Credit Union?
The most common reasons for mortgage denial at Nasa Federal Credit Union are: Debt-to-income ratio, Other, Unverifiable information. In total, 33 applications were denied out of 712 total applications.
What types of mortgage loans does Nasa Federal Credit Union offer?
Nasa Federal Credit Union processes Conventional, VA, FHA loans. The most common type is Conventional with 688 applications and an average loan amount of $408,735.
What loan purposes does Nasa Federal Credit Union serve?
Nasa Federal Credit Union serves the following loan purposes: Home Purchase (355 applications), Home Improvement (137 applications), Other (113 applications), Refinancing (71 applications), Cash-out Refinancing (36 applications). Home Purchase is the most common purpose.
Where is Nasa Federal Credit Union located?
Nasa Federal Credit Union is headquartered in UPPER MARLBORO, MD. The lender is identified by LEI 549300KPBZCTMM3Y0061 in HMDA data.
How does Nasa Federal Credit Union compare in lending across racial demographics?
Nasa Federal Credit Union reports demographic lending data under HMDA requirements. White applicants have an approval rate of 75.3% and denial rate of 4.0%; Black or African American applicants have an approval rate of 62.8% and denial rate of 10.5%; Asian applicants have an approval rate of 72.7% and denial rate of 12.1%. 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.