Lender profile · HMDA 2023–2025
Verve, A Credit Union mortgage approval rates & lending data
Verve, A Credit Union decided 1,322 mortgage applications and funded 1,128 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 | 93% | 331 / 356 | 92% | $205K | 305 |
| Home improvement loans | 87% | 566 / 648 | 98% | $55K | 553 |
| Cash-out refinance | 81% | 114 / 140 | 96% | $105K | 109 |
| Refinance | 86% | 63 / 73 | 98% | $85K | 62 |
| Investment property purchase | 98% | 40 / 41 | 100% | $155K | 40 |
| Investment refinance | 100% | 34 / 34 | 100% | $125K | 34 |
Verve, A Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Wisconsin | 89% | $55K | 1,262 | 1,086 |
| Illinois | 74% | $375K | 57 | 40 |
| Minnesota | 67% | $95K | 3 | 2 |
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.