Lender profile · HMDA 2023–2025
Sound Credit Union mortgage approval rates & lending data
Sound Credit Union decided 2,907 mortgage applications and funded 1,924 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 | 84% | 274 / 326 | 96% | $385K | 264 |
| Home improvement loans | 69% | 1,099 / 1,597 | 95% | $65K | 1,041 |
| Cash-out refinance | 71% | 61 / 86 | 92% | $395K | 56 |
| Refinance | 73% | 495 / 675 | 94% | $95K | 465 |
| Investment property purchase | 63% | 29 / 46 | 97% | $245K | 28 |
| Investment refinance | 48% | 16 / 33 | 100% | $155K | 16 |
| Investment home improvement | 41% | 54 / 133 | 85% | $105K | 46 |
Sound Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Washington | 70% | $65K | 2,887 | 1,919 |
| Oregon | 62% | $335K | 8 | 5 |
| California | 0% | — | 3 | 0 |
| Arizona | 0% | — | 2 | 0 |
| Florida | 0% | — | 2 | 0 |
| Idaho | 0% | — | 1 | 0 |
| Kentucky | 0% | — | 1 | 0 |
| New Jersey | 0% | — | 1 | 0 |
| Texas | 0% | — | 1 | 0 |
| Utah | 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.