Top Tier Federal Credit Union

Clarion, PA

Top Tier Federal Credit Union processed 178 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 151 loans with a 6.7% denial rate. Home Purchase was the primary loan purpose. Based in Clarion, PA. The approval rate of 84.8% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.

Portfolio scale. Top Tier Federal Credit Union processed 178 HMDA-reported mortgage applications in 2024, originating 151 loans and denying 12 for a denial rate of 6.7% (applicants themselves withdrew 15 files before a decision). The average loan amount was $129,045. The lender reports under LEI 254900IO702S09S4KF65 from Clarion, PA.

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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Top Tier Federal Credit Union's 84.8% origination rate tells you how often an application turned into funded money; the 6.7% denial rate is a separate read on underwriting strictness. Most activity concentrated in Conventional loans (177 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.

178
Applications
151
Originated
6.7%
Denial Rate
$129,045
Avg Loan Amount

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 177 150 12 $129,463
USDA 1 1 0 $55,000

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for Top Tier Federal Credit Union (LEI: 254900IO702S09S4KF65) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 136 117 $129,338
Cash-out Refinancing 22 17 $123,636
Refinancing 15 12 $155,000
Home Improvement 5 5 $67,000

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 159 83.7% 6.9%
Asian 2 50.0% 50.0%

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 150 84.7% 6.7%
Joint 4 75.0% 25.0%
Hispanic or Latino 3 66.7% 0.0%

Nearby Lenders in PA

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

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Top Tier Federal Credit Union process?
Top Tier Federal Credit Union processed 178 mortgage applications in the 2023 HMDA reporting year. Of these, 151 were originated (approved and funded), 15 were withdrawn by the applicant, and 12 were denied.
What is Top Tier Federal Credit Union's mortgage approval rate?
Top Tier Federal Credit Union has an approval (origination) rate of 84.8%, meaning 84.8% of all applications resulted in a funded mortgage. The denial rate is 6.7%.
What is the average loan amount at Top Tier Federal Credit Union?
The average mortgage loan amount at Top Tier Federal Credit Union is $129,045.
What types of mortgage loans does Top Tier Federal Credit Union offer?
Top Tier Federal Credit Union processes Conventional, USDA loans. The most common type is Conventional with 177 applications and an average loan amount of $129,463.
What loan purposes does Top Tier Federal Credit Union serve?
Top Tier Federal Credit Union serves the following loan purposes: Home Purchase (136 applications), Cash-out Refinancing (22 applications), Refinancing (15 applications), Home Improvement (5 applications). Home Purchase is the most common purpose.
Where is Top Tier Federal Credit Union located?
Top Tier Federal Credit Union is headquartered in Clarion, PA. The lender is identified by LEI 254900IO702S09S4KF65 in HMDA data.
How does Top Tier Federal Credit Union compare in lending across racial demographics?
Top Tier Federal Credit Union reports demographic lending data under HMDA requirements. White applicants have an approval rate of 83.7% and denial rate of 6.9%; Asian applicants have an approval rate of 50.0% and denial rate of 50.0%. 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.