Lender profile · HMDA 2023–2025
Lafayette Federal Credit Union mortgage approval rates & lending data
Lafayette Federal Credit Union decided 815 mortgage applications and funded 648 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 | 85% | 310 / 365 | 96% | $315K | 297 |
| Home improvement loans | 84% | 82 / 98 | 93% | $185K | 76 |
| Cash-out refinance | 85% | 223 / 261 | 94% | $195K | 210 |
| Refinance | 71% | 35 / 49 | 97% | $255K | 34 |
| Investment property purchase | 87% | 27 / 31 | 85% | $205K | 23 |
Lafayette Federal Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Maryland | 83% | $455K | 170 | 131 |
| Virginia | 89% | $325K | 138 | 118 |
| New York | 90% | $245K | 86 | 73 |
| New Jersey | 90% | $235K | 50 | 44 |
| Pennsylvania | 76% | $195K | 45 | 31 |
| California | 74% | $225K | 43 | 30 |
| Florida | 86% | $315K | 43 | 37 |
| District of Columbia | 77% | $255K | 39 | 25 |
| North Carolina | 88% | $315K | 32 | 28 |
| Georgia | 87% | $175K | 30 | 24 |
| Connecticut | 96% | $155K | 23 | 20 |
| South Carolina | 81% | $305K | 21 | 16 |
| Arizona | 53% | $145K | 17 | 9 |
| Delaware | 92% | $365K | 12 | 10 |
| Colorado | 89% | $65K | 9 | 8 |
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.