Lender profile · HMDA 2023–2025
General Electric Credit Union mortgage approval rates & lending data
General Electric Credit Union decided 1,855 mortgage applications and funded 1,629 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 | 98% | 840 / 859 | 95% | $305K | 796 |
| Cash-out refinance | 86% | 656 / 760 | 95% | $55K | 622 |
| Refinance | 90% | 77 / 86 | 95% | $165K | 73 |
| Investment property purchase | 99% | 89 / 90 | 97% | $275K | 86 |
| Investment cash-out refinance | 92% | 49 / 53 | 94% | $175K | 46 |
General Electric Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Ohio | 92% | $255K | 1,567 | 1,363 |
| Kentucky | 93% | $185K | 240 | 219 |
| Florida | 100% | $405K | 28 | 28 |
| Indiana | 100% | $275K | 8 | 8 |
| South Carolina | 100% | $375K | 4 | 4 |
| North Carolina | 100% | $205K | 3 | 3 |
| Alabama | 100% | $215K | 1 | 1 |
| Colorado | 100% | $435K | 1 | 1 |
| Massachusetts | 100% | $1.18M | 1 | 1 |
| Nebraska | 0% | — | 1 | 0 |
| Tennessee | 100% | $455K | 1 | 1 |
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.