Lender profile · HMDA 2023–2025
United Federal Credit Union mortgage approval rates & lending data
United Federal Credit Union decided 7,574 mortgage applications and funded 5,625 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 | 92% | 2,270 / 2,457 | 99% | $265K | 2,257 |
| Home improvement loans | 66% | 2,145 / 3,257 | 91% | $55K | 1,945 |
| Cash-out refinance | 83% | 402 / 487 | 99% | $165K | 396 |
| Refinance | 77% | 795 / 1,036 | 96% | $75K | 763 |
| Investment property purchase | 89% | 188 / 212 | 99% | $225K | 187 |
| Investment cash-out refinance | 73% | 19 / 26 | 100% | $165K | 19 |
| Investment refinance | 81% | 26 / 32 | 96% | $195K | 25 |
| Investment home improvement | 58% | 39 / 67 | 85% | $105K | 33 |
United Federal Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Michigan | 81% | $125K | 2,894 | 2,243 |
| Nevada | 73% | $135K | 1,284 | 883 |
| North Carolina | 79% | $95K | 1,196 | 908 |
| Arkansas | 77% | $225K | 1,043 | 767 |
| Indiana | 77% | $165K | 636 | 480 |
| Pennsylvania | 71% | $95K | 137 | 89 |
| Florida | 75% | $305K | 72 | 50 |
| South Carolina | 90% | $305K | 58 | 49 |
| California | 55% | $345K | 42 | 21 |
| Ohio | 72% | $265K | 40 | 28 |
| Illinois | 70% | $605K | 20 | 13 |
| Georgia | 53% | $335K | 17 | 9 |
| Texas | 29% | $615K | 17 | 5 |
| Arizona | 58% | $95K | 12 | 7 |
| Minnesota | 100% | $625K | 10 | 10 |
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.