Lender profile · HMDA 2023–2025
ALTRA Federal Credit Union mortgage approval rates & lending data
ALTRA Federal Credit Union decided 4,727 mortgage applications and funded 4,258 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 97% | 1,754 / 1,815 | 98% | $235K | 1,717 |
| Home improvement loans | 89% | 1,182 / 1,324 | 96% | $45K | 1,135 |
| Cash-out refinance | 98% | 105 / 107 | 100% | $205K | 105 |
| Refinance | 89% | 996 / 1,116 | 97% | $95K | 967 |
| Investment property purchase | 96% | 138 / 144 | 97% | $175K | 134 |
| Investment cash-out refinance | 96% | 128 / 134 | 99% | $155K | 127 |
| Investment refinance | 88% | 46 / 52 | 100% | $115K | 46 |
| Investment home improvement | 80% | 28 / 35 | 96% | $45K | 27 |
ALTRA Federal Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Wisconsin | 96% | $175K | 2,699 | 2,526 |
| Texas | 84% | $205K | 779 | 630 |
| Tennessee | 90% | $185K | 629 | 554 |
| Minnesota | 93% | $305K | 449 | 406 |
| Florida | 90% | $285K | 40 | 34 |
| New Jersey | 84% | $55K | 38 | 31 |
| Colorado | 90% | $55K | 20 | 15 |
| Georgia | 89% | $75K | 9 | 7 |
| Kentucky | 100% | $255K | 8 | 8 |
| Pennsylvania | 67% | $55K | 6 | 4 |
| Alabama | 75% | $205K | 4 | 3 |
| Arizona | 100% | $295K | 4 | 4 |
| Arkansas | 100% | $65K | 4 | 4 |
| Kansas | 100% | $45K | 4 | 4 |
| North Carolina | 100% | $105K | 4 | 4 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.