Lender profile · HMDA 2023–2025
Elga Credit Union mortgage approval rates & lending data
Elga Credit Union decided 768 mortgage applications and funded 631 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% | 163 / 171 | 98% | $145K | 160 |
| Cash-out refinance | 81% | 242 / 299 | 99% | $105K | 239 |
| Refinance | 83% | 164 / 198 | 98% | $55K | 160 |
| Investment property purchase | 97% | 33 / 34 | 100% | $95K | 33 |
| Investment refinance | 80% | 20 / 25 | 100% | $75K | 20 |
Elga Credit Union lending by state
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.