Lender profile · HMDA 2023–2025
Philadelphia Federal Credit Union mortgage approval rates & lending data
Philadelphia Federal Credit Union decided 4,416 mortgage applications and funded 2,649 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 | 56% | 150 / 270 | 98% | $195K | 147 |
| Home improvement loans | 60% | 1,546 / 2,590 | 96% | $55K | 1,485 |
| Cash-out refinance | 64% | 175 / 272 | 97% | $95K | 169 |
| Refinance | 45% | 91 / 203 | 92% | $85K | 84 |
| Investment property purchase | 78% | 57 / 73 | 88% | $165K | 50 |
| Investment refinance | 84% | 643 / 763 | 98% | $175K | 633 |
| Investment home improvement | 32% | 71 / 223 | 100% | $45K | 71 |
Philadelphia Federal Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Pennsylvania | 62% | $55K | 4,063 | 2,433 |
| New Jersey | 67% | $75K | 240 | 155 |
| Delaware | 61% | $55K | 69 | 38 |
| Florida | 70% | $445K | 23 | 16 |
| Maryland | 71% | $65K | 7 | 5 |
| North Carolina | 40% | $25K | 5 | 2 |
| South Carolina | 0% | — | 3 | 0 |
| California | 0% | — | 1 | 0 |
| Georgia | 0% | — | 1 | 0 |
| Illinois | 0% | — | 1 | 0 |
| Massachusetts | 0% | — | 1 | 0 |
| New York | 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.