LEI 549300ZM3AIJAKZITQ95 · KENSINGTON, MD

Signal Financial FCU

Denial sits in the upper fleet tercile at 14.3% across 119 HMDA applications, a stricter underwriting book than most reporters.

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Denial tercile vs fleet

Signal Financial FCU posts a 14.3% denial rate, above the fleet's upper tercile (~13.79%) - across 119 applications with 80 originations. Leading cited denial reason: credit history. Volume rank is still not origination-share rank.

n/a
Below 1,000-app share board
67.2%
Origination share
80
Originated
14.3%
Denial rate

According to the CFPB HMDA 2024 Snapshot. Origination share is originated divided by applications among reporters with 1,000+ applications. Denial share and origination share do not sum to 100% because HMDA also records withdrawals, incompletes, and purchased loans. See /methodology#corpus-placement. Informational reporting, not mortgage advice.

Where Signal Financial FCU sits by reported originations

2024 CFPB HMDA reporting lenders, bucketed by originated-loan count

80 34th percentile higher than 34% of 4,908 reporting lenders

This lender 0 400,000 reporting lenders, grouped by originated loans

Each bar is a 50,000-originated loans band. The dashed line and filled bar mark this lender. Hover, tap, or focus a bar for its count and population share.

Source CFPB Home Mortgage Disclosure Act loan/application register · 2024 reporting year

Loan types by applications · Signal Financial FCU

Application volume by HMDA loan type in this lender's 2024 book.

Loan mix
1. Conventional119
0%100%67.2%
Origination share · Signal Financial FCU

Cited denial reasons · Signal Financial FCU

Lender-reported HMDA denial-reason counts (top reasons shown).

Denial mix
1. Credit history122. Debt-to-income ratio73. Collateral1

Mid-volume reporter. Signal Financial FCU's 67.2% origination rate and 14.3% denial rate sit on a mid-tercile originated book (80 funded; fleet band ~78-310). Approval and denial do not sum to 100% - HMDA also records withdrawals, incompletes, and purchased loans. Most-cited denial codes: Credit history, Debt-to-income ratio, Collateral. Program weight concentrates in Conventional (119 applications).

How to read Signal Financial FCU. These figures are aggregate HMDA disclosures for this lender's 2024 book, not any one file. Rates reflect applicant mix (credit, LTV, DTI, geography) as much as underwriting posture. Informational data reporting, not financial, legal, or mortgage advice. Source vintage: CFPB HMDA 2024 Snapshot.

Avg Interest Rate: 7.042% Avg Applicant Income: $35,000

Lending activity by loan program · Signal Financial FCU

Signal Financial FCU filed most under Conventional. Applications, originations and denials are separate outcomes of the same filing, so the columns do not sum.

Type Applications Originated Denied Avg Loan
Conventional 119 80 17 $196,429

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Signal Financial FCU (LEI: 549300ZM3AIJAKZITQ95) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Why borrowers applied

Purchase, refinance and cash-out are reported as distinct purposes; average loan size usually separates them more sharply than volume does.

Purpose Applications Originated Avg Loan
Cash-out Refinancing 61 38 $155,164
Home Purchase 40 33 $289,500
Home Improvement 11 7 $143,182
Refinancing 6 2 $120,000
Other 1 0 $35,000

Reported outcomes by applicant race

CFPB derived race categories. HMDA carries no credit score, debt-to-income ratio or down payment, so a gap between these rows is an outcome difference and never, on its own, evidence of discrimination.

Race Applications Approval Rate Denial Rate
White * 44 70.5% 11.4%
Black or African American * 42 59.5% 19.1%
Asian * 12 75.0% 16.7%
Joint * 3 100.0% 0.0%
Native Hawaiian or Other Pacific Islander * 1 0.0% 0.0%

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

Reported outcomes by applicant ethnicity

Hispanic or Latino is an ethnicity, not a race, and is reported separately per U.S. Census Bureau standards. The same limitation applies: HMDA records the outcome, not the underwriting inputs behind it.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 89 68.5% 14.6%
Hispanic or Latino * 9 77.8% 11.1%
Joint * 3 33.3% 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.

One of 74 other HMDA-reporting lenders in MD, 5 are shown here.

Read with Signal Financial FCU

Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 for Signal Financial FCU (LEI 549300ZM3AIJAKZITQ95).

Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Informational only, not mortgage advice for applicants at Signal Financial FCU.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This Signal Financial FCU 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. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.