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Nuvision Federal Credit Union

HUNTINGTON BEACH, CA

Nuvision Federal Credit Union processed 1,853 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 1,040 loans with a 33.3% denial rate. Other was the primary loan purpose. Based in HUNTINGTON BEACH, CA. The approval rate of 56.1% 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Nuvision Federal Credit Union's 56.1% origination rate tells you how often an application turned into funded money; the 33.3% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Other, Collateral, which together explain the majority of rejections. Most activity concentrated in Conventional loans (1,790 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.

1,853
Applications
1,040
Originated
33.3%
Denial Rate
$267,558
Avg Loan Amount
Avg Interest Rate: 6.359% Avg Applicant Income: $41,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 1,790 1,008 608 $261,620
FHA 55 26 9 $448,273
VA 8 6 0 $353,750

Top loan types - Nuvision Federal Credit Union

Top loan types - Nuvision Federal Credit Union Horizontal bar chart of the top 3 items by value (applications). Top loan types - Nuvision Federal Credit Union Top 3 1. Conventional 1,790 2. FHA 55 3. VA 8 Top 5 loan types by application volume at Nuvision 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 Nuvision Federal Credit Union (LEI: 549300F6NSBOJBM9ED39) · 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
351
Other
201
Collateral
120
Credit application incomplete
77
Credit history
65
Unverifiable information
31
Employment history
9
Insufficient cash
2

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Other 814 414 $128,600
Home Improvement 500 293 $138,400
Home Purchase 360 247 $708,694
Refinancing 90 44 $396,444
Cash-out Refinancing 89 42 $349,382

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 1,033 59.2% 31.3%
Asian 237 59.9% 27.4%
Black or African American 83 45.8% 37.4%
Joint 62 58.1% 25.8%
American Indian or Alaska Native * 49 32.6% 59.2%
Native Hawaiian or Other Pacific Islander * 18 44.4% 55.6%
2 or more minority races * 7 71.4% 28.6%

* 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 1,104 59.5% 30.1%
Hispanic or Latino 344 54.1% 33.7%
Joint 77 61.0% 33.8%

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 Nuvision Federal Credit Union vs Pennymac Loan Services LLC →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Nuvision Federal Credit Union process?
Nuvision Federal Credit Union processed 1,853 mortgage applications in the 2024 HMDA reporting year. Of these, 1,040 were originated (approved and funded), 170 were withdrawn by the applicant, and 617 were denied.
What is Nuvision Federal Credit Union's mortgage approval rate?
Nuvision Federal Credit Union has an approval (origination) rate of 56.1%, meaning 56.1% of all applications resulted in a funded mortgage. The denial rate is 33.3%.
What is the average loan amount at Nuvision Federal Credit Union?
The average mortgage loan amount at Nuvision Federal Credit Union is $267,558. The average interest rate is 6.359%. The average applicant income is $41,000.
What are the most common reasons for mortgage denial at Nuvision Federal Credit Union?
The most common reasons for mortgage denial at Nuvision Federal Credit Union are: Debt-to-income ratio, Other, Collateral. In total, 617 applications were denied out of 1,853 total applications.
What types of mortgage loans does Nuvision Federal Credit Union offer?
Nuvision Federal Credit Union processes Conventional, FHA, VA loans. The most common type is Conventional with 1,790 applications and an average loan amount of $261,620.
What loan purposes does Nuvision Federal Credit Union serve?
Nuvision Federal Credit Union serves the following loan purposes: Other (814 applications), Home Improvement (500 applications), Home Purchase (360 applications), Refinancing (90 applications), Cash-out Refinancing (89 applications). Other is the most common purpose.
Where is Nuvision Federal Credit Union located?
Nuvision Federal Credit Union is headquartered in HUNTINGTON BEACH, CA. The lender is identified by LEI 549300F6NSBOJBM9ED39 in HMDA data.
How does Nuvision Federal Credit Union compare in lending across racial demographics?
Nuvision Federal Credit Union reports demographic lending data under HMDA requirements. White applicants have an approval rate of 59.2% and denial rate of 31.3%; Asian applicants have an approval rate of 59.9% and denial rate of 27.4%; Black or African American applicants have an approval rate of 45.8% and denial rate of 37.4%. 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.