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Nih Federal Credit Union

ROCKVILLE, MD

Nih Federal Credit Union processed 380 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 201 loans with a 12.4% denial rate. Home Purchase was the primary loan purpose. Based in ROCKVILLE, MD. The approval rate of 52.9% 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Nih Federal Credit Union's 52.9% origination rate tells you how often an application turned into funded money; the 12.4% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Credit history, Other, which together explain the majority of rejections. Most activity concentrated in Conventional loans (380 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.

380
Applications
201
Originated
12.4%
Denial Rate
$260,711
Avg Loan Amount
Avg Interest Rate: 6.926% Avg Applicant Income: $36,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 380 201 47 $260,711

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Nih Federal Credit Union (LEI: 5493007KLU19FK8PG279) · 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 Approval rates exclude withdrawn / incomplete applications.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
22
Credit history
12
Other
11
Insufficient cash
2
Collateral
2

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 159 68 $459,843
Other 97 39 $83,866
Home Improvement 75 63 $106,867
Cash-out Refinancing 42 28 $133,571
Refinancing 7 3 $599,286

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 135 55.6% 13.3%
Black or African American 85 55.3% 14.1%
Asian 81 53.1% 4.9%
Joint * 7 71.4% 28.6%
2 or more minority races * 5 40.0% 20.0%
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 267 56.2% 11.2%
Hispanic or Latino * 40 42.5% 17.5%
Joint * 9 22.2% 22.2%

* 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 Nih Federal Credit Union vs Lower, LLC →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Nih Federal Credit Union process?
Nih Federal Credit Union processed 380 mortgage applications in the 2024 HMDA reporting year. Of these, 201 were originated (approved and funded), 64 were withdrawn by the applicant, and 47 were denied.
What is Nih Federal Credit Union's mortgage approval rate?
Nih Federal Credit Union has an approval (origination) rate of 52.9%, meaning 52.9% of all applications resulted in a funded mortgage. The denial rate is 12.4%.
What is the average loan amount at Nih Federal Credit Union?
The average mortgage loan amount at Nih Federal Credit Union is $260,711. The average interest rate is 6.926%. The average applicant income is $36,000.
What are the most common reasons for mortgage denial at Nih Federal Credit Union?
The most common reasons for mortgage denial at Nih Federal Credit Union are: Debt-to-income ratio, Credit history, Other. In total, 47 applications were denied out of 380 total applications.
What types of mortgage loans does Nih Federal Credit Union offer?
Nih Federal Credit Union processes Conventional loans. The most common type is Conventional with 380 applications and an average loan amount of $260,711.
What loan purposes does Nih Federal Credit Union serve?
Nih Federal Credit Union serves the following loan purposes: Home Purchase (159 applications), Other (97 applications), Home Improvement (75 applications), Cash-out Refinancing (42 applications), Refinancing (7 applications). Home Purchase is the most common purpose.
Where is Nih Federal Credit Union located?
Nih Federal Credit Union is headquartered in ROCKVILLE, MD. The lender is identified by LEI 5493007KLU19FK8PG279 in HMDA data.
How does Nih Federal Credit Union compare in lending across racial demographics?
Nih Federal Credit Union reports demographic lending data under HMDA requirements. White applicants have an approval rate of 55.6% and denial rate of 13.3%; Black or African American applicants have an approval rate of 55.3% and denial rate of 14.1%; Asian applicants have an approval rate of 53.1% and denial rate of 4.9%. 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.