Lender profile · HMDA 2023–2025
TEG Federal Credit Union mortgage approval rates & lending data
TEG Federal Credit Union decided 521 mortgage applications and funded 455 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 | 94% | 350 / 373 | 97% | $345K | 339 |
| Cash-out refinance | 68% | 45 / 66 | 98% | $155K | 44 |
| Investment property purchase | 98% | 41 / 42 | 95% | $295K | 39 |
TEG Federal Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| New York | 91% | $345K | 508 | 446 |
| Florida | 83% | $145K | 6 | 3 |
| New Jersey | 75% | $375K | 4 | 3 |
| Connecticut | 100% | $135K | 2 | 2 |
| Pennsylvania | 100% | $105K | 1 | 1 |
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.