Lender profile · HMDA 2023–2025
Municipal Credit Union mortgage approval rates & lending data
Municipal Credit Union decided 4,049 mortgage applications and funded 2,151 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 | 88% | 888 / 1,014 | 90% | $495K | 800 |
| Home improvement loans | 45% | 1,009 / 2,234 | 94% | $105K | 948 |
| Cash-out refinance | 62% | 111 / 179 | 82% | $305K | 91 |
| Refinance | 62% | 272 / 442 | 89% | $165K | 243 |
| Investment property purchase | 90% | 64 / 71 | 83% | $405K | 53 |
| Investment cash-out refinance | 38% | 10 / 26 | 70% | $165K | 7 |
| Investment home improvement | 7% | 5 / 71 | 100% | $105K | 5 |
Municipal Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| New York | 56% | $165K | 3,260 | 1,659 |
| New Jersey | 71% | $785K | 627 | 408 |
| Connecticut | 67% | $495K | 82 | 50 |
| Pennsylvania | 52% | $265K | 77 | 34 |
| Florida | 0% | — | 2 | 0 |
| South Carolina | 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.