Lender profile · HMDA 2023–2025
Elements Financial Federal Credit Union mortgage approval rates & lending data
Elements Financial Federal Credit Union decided 3,465 mortgage applications and funded 2,946 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 | 95% | 1,433 / 1,510 | 99% | $275K | 1,414 |
| Home improvement loans | 80% | 850 / 1,061 | 98% | $85K | 829 |
| Cash-out refinance | 83% | 528 / 639 | 97% | $105K | 513 |
| Refinance | 84% | 72 / 86 | 97% | $165K | 70 |
| Investment property purchase | 82% | 87 / 106 | 100% | $155K | 87 |
| Investment home improvement | 38% | 15 / 39 | 93% | $75K | 14 |
Elements Financial Federal Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Indiana | 89% | $165K | 3,036 | 2,640 |
| Florida | 76% | $185K | 49 | 36 |
| Colorado | 61% | $85K | 38 | 21 |
| California | 50% | $205K | 32 | 16 |
| Illinois | 69% | $125K | 32 | 21 |
| North Carolina | 84% | $375K | 32 | 26 |
| Georgia | 65% | $115K | 26 | 16 |
| Texas | 79% | $345K | 19 | 15 |
| Pennsylvania | 100% | $155K | 16 | 16 |
| Massachusetts | 79% | $355K | 14 | 9 |
| Ohio | 77% | $105K | 13 | 10 |
| New York | 50% | $105K | 12 | 6 |
| South Carolina | 83% | $125K | 12 | 10 |
| Arizona | 91% | $355K | 11 | 10 |
| Michigan | 82% | $105K | 11 | 9 |
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.