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Star One Credit Union

SUNNYVALE, CA

Star One Credit Union processed 2,957 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 1,465 loans with a 19.3% denial rate. Home Purchase was the primary loan purpose. Based in SUNNYVALE, CA. The approval rate of 49.5% 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Star One Credit Union's 49.5% origination rate tells you how often an application turned into funded money; the 19.3% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Credit application incomplete, Other, which together explain the majority of rejections. Most activity concentrated in Conventional loans (2,957 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.

2,957
Applications
1,465
Originated
19.3%
Denial Rate
$626,082
Avg Loan Amount
Avg Interest Rate: 6.838% Avg Applicant Income: $39,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 2,957 1,465 572 $626,082

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Star One Credit Union (LEI: 5493004F7BXDIUFVPV87) · 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 Approval rates exclude withdrawn / incomplete applications.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
245
Credit application incomplete
202
Other
103
Unverifiable information
84
Collateral
78
Credit history
49
Employment history
19
Insufficient cash
10

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 1,431 541 $851,499
Home Improvement 622 405 $237,058
Cash-out Refinancing 374 232 $439,064
Refinancing 291 157 $916,237
Other 239 130 $228,222

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
Asian 1,278 47.3% 18.5%
White 985 51.2% 21.6%
Joint 130 53.9% 13.8%
Black or African American * 39 33.3% 28.2%
American Indian or Alaska Native * 15 33.3% 33.3%
Native Hawaiian or Other Pacific Islander * 10 50.0% 40.0%
2 or more minority races * 4 50.0% 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 2,162 48.6% 19.2%
Hispanic or Latino 224 50.0% 28.6%
Joint 108 58.3% 12.0%

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 Star One Credit Union vs Pennymac Loan Services LLC →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Star One Credit Union process?
Star One Credit Union processed 2,957 mortgage applications in the 2024 HMDA reporting year. Of these, 1,465 were originated (approved and funded), 15 were withdrawn by the applicant, and 572 were denied.
What is Star One Credit Union's mortgage approval rate?
Star One Credit Union has an approval (origination) rate of 49.5%, meaning 49.5% of all applications resulted in a funded mortgage. The denial rate is 19.3%.
What is the average loan amount at Star One Credit Union?
The average mortgage loan amount at Star One Credit Union is $626,082. The average interest rate is 6.838%. The average applicant income is $39,000.
What are the most common reasons for mortgage denial at Star One Credit Union?
The most common reasons for mortgage denial at Star One Credit Union are: Debt-to-income ratio, Credit application incomplete, Other. In total, 572 applications were denied out of 2,957 total applications.
What types of mortgage loans does Star One Credit Union offer?
Star One Credit Union processes Conventional loans. The most common type is Conventional with 2,957 applications and an average loan amount of $626,082.
What loan purposes does Star One Credit Union serve?
Star One Credit Union serves the following loan purposes: Home Purchase (1,431 applications), Home Improvement (622 applications), Cash-out Refinancing (374 applications), Refinancing (291 applications), Other (239 applications). Home Purchase is the most common purpose.
Where is Star One Credit Union located?
Star One Credit Union is headquartered in SUNNYVALE, CA. The lender is identified by LEI 5493004F7BXDIUFVPV87 in HMDA data.
How does Star One Credit Union compare in lending across racial demographics?
Star One Credit Union reports demographic lending data under HMDA requirements. Asian applicants have an approval rate of 47.3% and denial rate of 18.5%; White applicants have an approval rate of 51.2% and denial rate of 21.6%; Joint applicants have an approval rate of 53.9% and denial rate of 13.8%. 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.