Lender profile · HMDA 2023–2025
Fortera Federal Credit Union mortgage approval rates & lending data
Fortera Federal Credit Union decided 2,177 mortgage applications and funded 1,414 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 | 82% | 226 / 274 | 87% | $215K | 197 |
| Home improvement loans | 74% | 695 / 938 | 86% | $55K | 598 |
| Cash-out refinance | 75% | 537 / 716 | 91% | $75K | 488 |
| Refinance | 72% | 63 / 88 | 73% | $95K | 46 |
| Investment property purchase | 57% | 20 / 35 | 85% | $165K | 17 |
| Investment cash-out refinance | 75% | 38 / 51 | 87% | $155K | 33 |
| Investment home improvement | 59% | 40 / 68 | 80% | $85K | 32 |
Fortera Federal Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Tennessee | 75% | $75K | 2,140 | 1,396 |
| Kentucky | 75% | $45K | 20 | 13 |
| Florida | 25% | $325K | 4 | 1 |
| North Carolina | 25% | $245K | 4 | 1 |
| Alabama | 100% | $95K | 2 | 2 |
| Illinois | 0% | — | 1 | 0 |
| Indiana | 100% | $185K | 1 | 1 |
| Maryland | 0% | — | 1 | 0 |
| New Mexico | 0% | — | 1 | 0 |
| Ohio | 100% | — | 1 | 0 |
| Texas | 0% | — | 1 | 0 |
| Virginia | 0% | — | 1 | 0 |
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.