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St. Anne'S Credit Union of Fal

FALL RIVER, MA

St. Anne'S Credit Union of Fal processed 657 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 403 loans with a 24.4% denial rate. Home Improvement was the primary loan purpose. Based in FALL RIVER, MA. The approval rate of 61.3% 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. St. Anne'S Credit Union of Fal's 61.3% origination rate tells you how often an application turned into funded money; the 24.4% 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, Collateral, which together explain the majority of rejections. Most activity concentrated in Conventional loans (657 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.

657
Applications
403
Originated
24.4%
Denial Rate
$212,199
Avg Loan Amount
Avg Interest Rate: 7.165% Avg Applicant Income: $37,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 657 403 160 $212,199

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for St. Anne'S Credit Union of Fal (LEI: 254900G03BZB89LOWZ28) · 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 Approval rates exclude withdrawn / incomplete applications.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
71
Credit history
52
Collateral
22
Credit application incomplete
19
Other
12
Employment history
2
Unverifiable information
2

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Improvement 229 160 $90,109
Cash-out Refinancing 133 90 $210,489
Home Purchase 132 68 $496,591
Other 126 71 $94,683
Refinancing 37 14 $359,595

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 546 64.5% 24.7%
Black or African American * 17 52.9% 41.2%
Asian * 12 83.3% 0.0%
Joint * 12 66.7% 25.0%
Native Hawaiian or Other Pacific Islander * 2 50.0% 50.0%
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 538 64.5% 24.9%
Hispanic or Latino * 17 70.6% 23.5%
Joint * 11 54.5% 36.4%

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

Nearby Lenders in MA

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

Digital Federal Credit Union

Marlborough, MA

11,503 apps 4,232 originated 23.0% denied

Leader Bank NA

Arlington, MA

6,683 apps 5,398 originated 2.6% denied

Rockland Trust Bank

BROCKTON, MA

5,681 apps 2,932 originated 30.2% denied

Eastern Bank

Lynn, MA

5,146 apps 3,130 originated 29.4% denied

Cape Cod Five Cents Savings Bank

HYANNIS, MA

2,836 apps 2,014 originated 10.2% denied
Compare St. Anne'S Credit Union of Fal vs Digital Federal Credit Union →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did St. Anne'S Credit Union of Fal process?
St. Anne'S Credit Union of Fal processed 657 mortgage applications in the 2024 HMDA reporting year. Of these, 403 were originated (approved and funded), 59 were withdrawn by the applicant, and 160 were denied.
What is St. Anne'S Credit Union of Fal's mortgage approval rate?
St. Anne'S Credit Union of Fal has an approval (origination) rate of 61.3%, meaning 61.3% of all applications resulted in a funded mortgage. The denial rate is 24.4%.
What is the average loan amount at St. Anne'S Credit Union of Fal?
The average mortgage loan amount at St. Anne'S Credit Union of Fal is $212,199. The average interest rate is 7.165%. The average applicant income is $37,000.
What are the most common reasons for mortgage denial at St. Anne'S Credit Union of Fal?
The most common reasons for mortgage denial at St. Anne'S Credit Union of Fal are: Debt-to-income ratio, Credit history, Collateral. In total, 160 applications were denied out of 657 total applications.
What types of mortgage loans does St. Anne'S Credit Union of Fal offer?
St. Anne'S Credit Union of Fal processes Conventional loans. The most common type is Conventional with 657 applications and an average loan amount of $212,199.
What loan purposes does St. Anne'S Credit Union of Fal serve?
St. Anne'S Credit Union of Fal serves the following loan purposes: Home Improvement (229 applications), Cash-out Refinancing (133 applications), Home Purchase (132 applications), Other (126 applications), Refinancing (37 applications). Home Improvement is the most common purpose.
Where is St. Anne'S Credit Union of Fal located?
St. Anne'S Credit Union of Fal is headquartered in FALL RIVER, MA. The lender is identified by LEI 254900G03BZB89LOWZ28 in HMDA data.
How does St. Anne'S Credit Union of Fal compare in lending across racial demographics?
St. Anne'S Credit Union of Fal reports demographic lending data under HMDA requirements. White applicants have an approval rate of 64.5% and denial rate of 24.7%; Black or African American applicants have an approval rate of 52.9% and denial rate of 41.2%; Asian applicants have an approval rate of 83.3% and denial rate of 0.0%. 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.