Lender profile · HMDA 2023–2025
Mass. Institute of Tech. Federal Credit Union mortgage approval rates & lending data
Mass. Institute of Tech. Federal Credit Union decided 769 mortgage applications and funded 679 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 | 97% | 367 / 378 | 95% | $575K | 350 |
| Home improvement loans | 94% | 180 / 191 | 92% | $75K | 165 |
| Cash-out refinance | 91% | 91 / 100 | 88% | $215K | 80 |
| Refinance | 96% | 49 / 51 | 92% | $335K | 45 |
| Investment property purchase | 97% | 36 / 37 | 89% | $315K | 32 |
Mass. Institute of Tech. Federal Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Massachusetts | 97% | $575K | 501 | 448 |
| California | 92% | $375K | 37 | 32 |
| New Hampshire | 100% | $215K | 35 | 33 |
| Florida | 88% | $305K | 16 | 13 |
| New York | 67% | $395K | 15 | 7 |
| Pennsylvania | 87% | $415K | 15 | 12 |
| North Carolina | 100% | $325K | 11 | 10 |
| Texas | 100% | $455K | 11 | 11 |
| Illinois | 100% | $315K | 10 | 10 |
| Maryland | 100% | $375K | 10 | 10 |
| New Jersey | 80% | $505K | 10 | 7 |
| Rhode Island | 100% | $265K | 10 | 9 |
| Colorado | 100% | $285K | 7 | 6 |
| Georgia | 86% | $195K | 7 | 6 |
| District of Columbia | 100% | $275K | 6 | 6 |
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.