Applications / Mortgage Analytics / Lenders / California / Frontwave Credit Union
Oceanside, CA · Credit union · NCUA · $1.7 billion assets · 370 loans in 2025
Frontwave Credit Union's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
370
loans originated, 2025
711
applications, 2025
2
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
Frontwave Credit Union, of Oceanside, California, lends mostly to refinance homes, and more than half its loans, 54.6%, go to majority-minority neighborhoods.
Refinancing made up 58.6% of its loans, other purposes 33.0% and purchases 7.6%. In 2020 its typical loan was $295,000 and 15.5% of its loans were VA (guaranteed by the Department of Veterans Affairs). In 2025 the figures were $125,000 and 1.9%.
It made 370 loans, 11% fewer than in 2024, while similar lenders (credit unions making between half and twice as many loans) grew 7% and the whole market 10%. Its peak was 792, in 2022. With refinancing so large a part of its book, fewer members refinancing may be one reason.
Majority-minority neighborhoods took 54.6% of its loans, against 11.9% at similar lenders, more than at about nine in ten of them. Low- and moderate-income (LMI) borrowers took 20.9%, against 27.6%, lower than at about three in four. Incomes in the California markets it serves are a possible reason. Its share in poorer neighborhoods (LMI tracts), 17.3%, was close to peers'.
Jumbo loans (larger than the conforming limit) made up 9.4% of its loans, up from 2.1% and higher than at nearly all similar lenders. It ranks 131 of 639 in San Diego-Chula Vista-Carlsbad and 193 of 707 in Riverside-San Bernardino-Ontario, with 0.1% of each.
Similar lenders: same lender type, originations between half and twice the lender's in the data year. Written from the 2025 HMDA data and checked figure by figure against it.
FIG. 1 — LOANS ORIGINATED, 2018–2025
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Frontwave Credit Union took 711 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Refinance 58.6% · Other 33.0% · Purchase 7.6% · Home improvement 0.8%
Conventional 98.1% · VA 1.9% · of 370 loans. Purchase: buying a home. Refinance: replacing an existing mortgage, including cash-out. FHA: insured by the Federal Housing Administration. VA: guaranteed by the Department of Veterans Affairs. Conventional: neither.
SOURCE: FFIEC HMDA 2025, LOANS ORIGINATED
Where it lends, 2025
| State | Loans | Share |
|---|---|---|
| California | 369 | 99.7% |
| North Carolina | 1 | 0.3% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| San Diego-Chula Vista-Carlsbad | 178 |
| Riverside-San Bernardino-Ontario | 176 |
| Anaheim-Santa Ana-Irvine | 4 |
| Los Angeles-Long Beach-Glendale | 4 |
| El Centro | 1 |
| Fresno | 1 |
| Modesto | 1 |
| San Jose-Sunnyvale-Santa Clara | 1 |
| Santa Rosa-Petaluma | 1 |
| Stockton-Lodi | 1 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 549300PEQH6YK4DH0490 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 514785 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 568494 | 2002–2017 |
Established 1 January 1952. Reported under HMDA 2002-2025.
Mergers, name changes, data editions and corrections: Frontwave Credit Union's data.
Frontwave Credit Union's data
$215
Frontwave Credit Union and its peers, 2018–2025: every application in the HMDA data, cleaned and corrected, as Parquet files, with the Jenner programs that made these pages.
Buy Frontwave Credit Union's data, $215Jenner Mortgage Analytics: all the data
$2,110
Every mortgage application reported under HMDA from 1990 to 2025, cleaned and corrected, every lender followed across name changes and mergers, with the market-share and fair-lending tables behind these pages and the Jenner programs that built them: the warehouse and the datamart, as Parquet files.
Buy the data, $2,110Jenner, the SAS-compatible software
See prices
Jenner runs programs written in the SAS language. It drew every chart on these pages and fitted the fair-lending model, PROC GLIMMIX on 3.5 million applications. Run the programs that come with the data, or your own.
Get JennerQuestions, or the data and Jenner together: [email protected]